Rockville, Jan. 17, 2024 (GLOBE NEWSWIRE) -- As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the global Food Grade Cellulose Market is estimated at US$ 402.3 million in 2024, projected to grow steadily with a 4.1% CAGR through 2034. The market is projected to account for a valuation of US$ 603.5 million by 2034.
Increasing consumer awareness and preference for healthier diets drive the demand for food products containing natural and functional ingredients like food-grade cellulose, known for its high fiber content and health benefits. Consumer demand for clean label products with recognizable and natural ingredients aligns with food-grade cellulose, derived from plant sources, meeting the criteria for clean and transparent labelling.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9587
Key Segments of Food Grade Cellulose Industry Research Report
| By Type | By Application | By Region |
|
|
|
The multifunctional nature of food-grade cellulose, serving as a thickener, stabilizer, emulsifier, and bulking agent in various food applications, contributes to its rising adoption by food manufacturers seeking versatile additives.
As the demand for gluten-free alternatives increases, food-grade cellulose becomes essential in providing structure and texture in gluten-free bakery and other products. Ongoing innovations in cellulose derivatives, formulations, and processing techniques drive the development of more effective and efficient food-grade cellulose products, expanding its applications in the food industry. Approval and affirmation of safety by regulatory bodies such as the FDA reinforce confidence in the use of food-grade cellulose, boosting its acceptance and utilization in food products.
Key Takeaways from Market Study
- The North American food-grade cellulose market is expected to grow at a CAGR of 3.3% through 2034.
- The food-grade cellulose industry in the United States holds a dominant share of 79.5% in 2024. The United States dominates the global food-grade cellulose market, valued at US$ 75.3 million in 2024.
- The food-grade cellulose industry in China is expected to rise at a CAGR of 4.1% through 2034.
- Based on type, carboxy Methyl Cellulose segment hold a 62.32% market share in 2024.
- The bakery and confectionery segment dominates the application with a 36.67% share in 2024.
“The increasing incorporation of food-grade cellulose in various food and beverage products, sauces and dressings and dairy products fostering the market's sustained growth.” remarks an analyst at Fact.MR.
Competitive Landscape
Key market players such as DuPont, Ashland, CP Kelco, and other frontrunners strategically emphasize product innovation and customer-centric approaches to solidify their foothold in the global food-grade cellulose market.
Their strategies encompass expansion initiatives and an unwavering commitment to enhancing product quality, all aimed at gaining a competitive advantage in this evolving market arena.Top of Form
- Lamberti S.p.A. is known for its expertise in specialty chemicals, including additives for food, likely contributes to the production and distribution of food-grade cellulose and its derivatives.
- Nouryon with a significant presence in the chemical industry, likely contributes to the manufacturing and innovation of cellulose-based additives for food applications, ensuring safety and compliance with industry standards.
Dominance of Carboxymethyl Cellulose in Food-Grade Cellulose Market: A Versatile Food Additive
The carboxymethyl cellulose (CMC) segment is projected to claim a significant market share of 60.12% in the food-grade cellulose category by 2034. Renowned for its ability to enhance texture and deliver a smooth, consistent mouthfeel, CMC finds widespread application in baked goods, dairy products, sauces, and dressings. Its multifunctionality as a thickener, stabilizer, and emulsifier further amplifies its utility across a diverse range of food products.
In gluten-free products, CMC serves as a valuable substitute for gluten, offering improved binding and enhanced texture. Notably, it plays a crucial role in stabilizing formulations, preventing component separation in beverages, averting crystallization in frozen items, and regulating moisture levels in bread. The adept management of these factors contributes to the extended shelf life of various edible products, ensuring freshness by minimizing moisture loss.
As a cellulose-based ingredient derived from plant sources, CMC aligns with the clean label trend, appealing to consumers seeking natural and recognizable components in their food. Additionally, regulatory approvals, such as those from the FDA, underscore the suitability of CMC for use in food applications, further enhancing its acceptance in the market.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9587
| Report Attribute | Details |
| Value Projection (2034) | USD 603.5 Million |
| Growth Rate (2024-2034) | 4.1% CAGR |
| No. of pages | 170 Pages |
| No. of Tables | 48Tables |
| No. of Figures | 144 Figures |
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global food grade cellulose market, presenting historical analysis from 2019 to 2023 and forecast statistics for the period of 2024-2034.
The study reveals essential insights based on type (Carboxyl Methyl Cellulose, Methyl Cellulose) by Application (Bakery & Confectionery, Meat & Poultry, Sauces & Dressings, Beverages, Dairy Products, Others) across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East and Africa).
Checkout More Related Studies Published by Fact.MR Research:
Food Carbohydrase Market: Food Carbohydrase market is creating an opportunity for key players of the market to develop high market share during the forecast interval. The global market for Food Carbohydrase comprises several global and local players.
Food Clarifiers Market: The appropriate clarification technology with high efficiency in the food clarifier market around different regions in the world may provide opportunities for investment in the food clarifiers market.
Food Cultures Market: The food cultures market is highly competitive and constantly evolving, with companies taking advantage of advances in this space to produce cost-effective, value-added, tasty and nutritious food.
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog
