What is Global Powdered Cellulose Market?
The Global Powdered Cellulose Market is a vast and dynamic sector that deals with the production, distribution, and consumption of powdered cellulose on a global scale. Powdered cellulose is a type of cellulose that has been processed into a fine, white powder. It is used in a variety of industries due to its unique properties such as high purity, excellent dispersibility, and superior binding strength. The market for this product is driven by its wide range of applications in various sectors including pharmaceuticals, food and beverage, cosmetics and personal care, and others. The global market for powdered cellulose was valued at US$ 1076 million in 2022 and is projected to reach a value of US$ 1646 million by 2029. This represents a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2023 to 2029.
Food Grade, Industrial Grade, Medicine Grade in the Global Powdered Cellulose Market:
The Global Powdered Cellulose Market is segmented based on the grade of the product into food grade, industrial grade, and medicine grade. The food grade powdered cellulose is used as an anti-caking agent, emulsifier, and stabilizer in various food products. The industrial grade powdered cellulose is used in a variety of industrial applications such as in the production of paper, textiles, and plastics. The medicine grade powdered cellulose is used in the pharmaceutical industry as a binder and disintegrant in tablet formulations. Each of these grades has its own set of unique properties and applications, and they all contribute to the overall growth of the global powdered cellulose market. However, the medicine grade powdered cellulose holds a significant share of about 50% in the global market. This is primarily due to its extensive use in the pharmaceutical industry, which accounts for nearly 50% of its total application.
Pharmaceutical, Food & Beverage, Cosmetics & Personal Care, Others in the Global Powdered Cellulose Market:
The Global Powdered Cellulose Market finds its usage in various areas such as pharmaceutical, food & beverage, cosmetics & personal care, and others. In the pharmaceutical industry, powdered cellulose is used as a binder and disintegrant in tablet formulations. It helps in improving the physical characteristics of the tablet, thereby enhancing its overall quality and effectiveness. In the food & beverage industry, powdered cellulose is used as an anti-caking agent, emulsifier, and stabilizer. It helps in maintaining the texture and consistency of the food products, thereby enhancing their overall quality and appeal. In the cosmetics & personal care industry, powdered cellulose is used as a thickener, emulsifier, and stabilizer. It helps in improving the texture and consistency of the cosmetic products, thereby enhancing their overall quality and appeal. In other industries, powdered cellulose is used in a variety of applications such as in the production of paper, textiles, and plastics.
Global Powdered Cellulose Market Outlook:
To put the Global Powdered Cellulose Market outlook into perspective, the market was valued at a substantial US$ 1076 million in 2022. The market is expected to witness a steady growth, reaching an estimated value of US$ 1646 million by 2029. This growth trajectory translates to a compound annual growth rate (CAGR) of 5.9% during the forecast period of 2023 to 2029. When it comes to the type of powdered cellulose, the medicine grade holds a significant share of about 50% in the global market. This is largely attributed to its extensive application in the pharmaceutical industry, which accounts for nearly half of its total usage.
| Report Metric | Details |
| Report Name | Powdered Cellulose Market |
| Accounted market size in 2022 | US$ 1076 in million |
| Forecasted market size in 2029 | US$ 1646 million |
| CAGR | 5.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | DuPont, JRS, CFF, Sweetener Supply, JELU-WERK, Ankit Pulps and Boards, NB Entrepreneurs, Nippon Paper Industries, Asahi Kasei, Roquette Frères, Mingtai, Accent Microcell, Sigachi, Anhui Sunhere Pharmaceutical, Huzhou Zhanwang Pharmaceutical, Aoda Pharmaceutical, Shandong Xinda Biological, Shandong Guangda |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
