The global cellulose gel market size was valued at $1.4 billion in 2021, and is projected to reach $2.2 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. Cellulose is a molecule comprised of carbon, hydrogen, and oxygen, and is found in the cellular structure of virtually all plant matter. This organic compound, which is considered the most abundant on earth, is even excreted by some bacteria. Cellulose provides structure and strength to the cell walls of plants and provides fiber in our diets. Although some animals, such as ruminants, can digest cellulose, humans cannot. It falls into the category of indigestible carbohydrates known as dietary fiber.
In recent years, cellulose has become a popular food additive due to its unique chemical and physical properties when combined with water. The most economical sources of industrial cellulose are cotton and wood pulp, though cellulose can be found in majority of plant matter.
Food industries are promoting their food products by labeling them vegan, owing to the growth in veganism and rise in the trend of flexitarian diet. Growth in the food industry and dynamic changes in consumption pattern has generated the demand for plant-based food products, which, in turn, spurs growth of the cellulose gel market during the forecast period. Growth in urbanization and awareness regarding harmful effects of chemical-added artificial ingredients-based food products create massive demand for plant-based, ready-to-eat and functional drink products, packaged food products, and frozen food products, as it indirectly adds to the growth of the global cellulose gel market. However, the availability of substitutes hampers the market growth. For instance, products such as xanthan gum, pectin, and guar gum are the perfect substitutes for cellulose gel. Functionalities of xanthan gum, pectin, guar gum, and cellulose gel are similar as they have widespread applications owing to the thickening, binding, suspending, emulsifying, and lubricating properties. These also act as good stabilizing agents, viscosity modifiers, and coating agents. Therefore, they find wide applications in food & beverages, pharmaceutical, cosmetics & personal care, oil & refining, and household care industries. The presence of substitute products in the market affects the sales of cellulose gel, in turn limiting the market growth.
In addition, growth of online retail platform is anticipated to surge the demand and supply of cellulose gel during the forecast period. Many retailers are collaborating or operating their own web-based retail stores where customers can learn more about the organization and its products. The availability of diverse product options and price comparison on online shopping sites has resulted in an increase in the number of online shoppers. Furthermore, it also leads to ease in accessibility and availability of the products required which is expected to boost the market growth in the future.
The cellulose gel market is segmented into source, application, property, and region. On the basis of source, the market is categorized into wood pulp and refined cotton. By application, the market is classified into food & beverages, oil & refining, pharmaceutical, paint & textile, cosmetics & personal care, paper coating & household care, and others. By property, the market is divided into thickening agent, stabilizer, binder, anti-repository agent, lubricator, emulsifier, and excipient. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the report are Ashland Global Specialty Chemicals Inc., Cellulose Solutions Private Limited, E. I. du Pont de Nemours and Company, J. Rettenmaier & Söhne GmbH + Co KG, J. M. Huber Corporation, Libraw Pharma, Mingtai Chemical Co., Ltd., Sigachi Industries Limited, Somaiya Group, Spectrum Chemical Mfg. Corp.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cellulose gel market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cellulose gel market trends, key players, market segments, application areas, and market growth strategies.
In recent years, cellulose has become a popular food additive due to its unique chemical and physical properties when combined with water. The most economical sources of industrial cellulose are cotton and wood pulp, though cellulose can be found in majority of plant matter.
Food industries are promoting their food products by labeling them vegan, owing to the growth in veganism and rise in the trend of flexitarian diet. Growth in the food industry and dynamic changes in consumption pattern has generated the demand for plant-based food products, which, in turn, spurs growth of the cellulose gel market during the forecast period. Growth in urbanization and awareness regarding harmful effects of chemical-added artificial ingredients-based food products create massive demand for plant-based, ready-to-eat and functional drink products, packaged food products, and frozen food products, as it indirectly adds to the growth of the global cellulose gel market. However, the availability of substitutes hampers the market growth. For instance, products such as xanthan gum, pectin, and guar gum are the perfect substitutes for cellulose gel. Functionalities of xanthan gum, pectin, guar gum, and cellulose gel are similar as they have widespread applications owing to the thickening, binding, suspending, emulsifying, and lubricating properties. These also act as good stabilizing agents, viscosity modifiers, and coating agents. Therefore, they find wide applications in food & beverages, pharmaceutical, cosmetics & personal care, oil & refining, and household care industries. The presence of substitute products in the market affects the sales of cellulose gel, in turn limiting the market growth.
In addition, growth of online retail platform is anticipated to surge the demand and supply of cellulose gel during the forecast period. Many retailers are collaborating or operating their own web-based retail stores where customers can learn more about the organization and its products. The availability of diverse product options and price comparison on online shopping sites has resulted in an increase in the number of online shoppers. Furthermore, it also leads to ease in accessibility and availability of the products required which is expected to boost the market growth in the future.
The cellulose gel market is segmented into source, application, property, and region. On the basis of source, the market is categorized into wood pulp and refined cotton. By application, the market is classified into food & beverages, oil & refining, pharmaceutical, paint & textile, cosmetics & personal care, paper coating & household care, and others. By property, the market is divided into thickening agent, stabilizer, binder, anti-repository agent, lubricator, emulsifier, and excipient. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the report are Ashland Global Specialty Chemicals Inc., Cellulose Solutions Private Limited, E. I. du Pont de Nemours and Company, J. Rettenmaier & Söhne GmbH + Co KG, J. M. Huber Corporation, Libraw Pharma, Mingtai Chemical Co., Ltd., Sigachi Industries Limited, Somaiya Group, Spectrum Chemical Mfg. Corp.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cellulose gel market analysis from 2021 to 2031 to identify the prevailing cellulose gel market opportunities.The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cellulose gel market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cellulose gel market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Source
- Wood Pulp
- Refined Cotton
By Application
- Food beverages
- Oil Refining
- Pharmaceutical
- Paint Industry Textile
- Cosmetics and Personal Care Industry
- Paper Coating Household Care
- Others
By Property
- Thickening Agent
- Stabilizer
- Binder
- Anti-Repository Agent
- Lubricator
- Emulsifier
- Excipient
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- U. K.
- Italy
- Russia
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Asean
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Turkey
- Saudi Arabia
- Rest of LAMEA
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CELLULOSE GEL MARKET, BY SOURCE
CHAPTER 5: CELLULOSE GEL MARKET, BY APPLICATION
CHAPTER 6: CELLULOSE GEL MARKET, BY PROPERTY
CHAPTER 7: CELLULOSE GEL MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
Executive Summary
According to this report, titled, 'Cellulose Gel Market,' the Cellulose Gel Market Size was valued at $1.5 billion in 2021, and is estimated to reach $2.3 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.Cellulose gel acts as a thickening agent and stabilizer in ice-creams, milk, and baked food and hence is majorly adopted by the food & beverages industry for manufacturing. This drives the Cellulose Gel Market Growth. It is also majorly used in fat-reduced food products and gluten-free products. It is used extensively in candy preparation as it helps improve quality and textures. Cellulose gel is used as an emulsifier in products like margarines, chewing gums, and peanut butter. Moreover, increased millennial expenditure on packaged food & beverages has resulted in increased Cellulose Gel Market Demand.
Cellulose gel is a significant adhesive agent in the production of pencils, paper boxes, and mosquito coils. In addition, it is used in the oil-drilling industry as an ingredient of drilling mud where it works as a water retention agent and viscosity modifier, which also results in enhancing the growth of the cellulose gel market. However, decline in raw material for the production of cellulose gel hinders the market growth.
Cellulose gel is a binder, thickener, and also works as a stabilizer in various food. It is a thickening agent, which is made by reacting cellulose like cotton lint and wood pulp with an imitative of acetic acid. Its unabsorbent promotes its use in food labelling and primary packing applications. Its usage can be increased if it is used as clean label in real food as a natural, familiar ingredient, which is easy to identify and understand. The use of cellulose gel as a clean label is anticipated to foster its sale, in turn boosting the market growth.
The cellulose gel market is segmented into source, application, property, and region. On the basis of source, the market is categorized into wood pulp and refined cotton. On the basis of application, the Cellulose Gel industry is classified into food & beverages, oil & refining, pharmaceutical, paint & textile, cosmetics & personal care, paper coating & household care, and others. On the basis of property, the market is divided into thickening agent, stabilizer, binder, anti-repository agent, lubricator, emulsifier, and excipient. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players included in the Cellulose Gel Market Analysis are Ashland Global Specialty Chemicals Inc., Cellulose Solutions Private Limited, E. I. du Pont de Nemours and Company, J. Rettenmaier & Söhne GmbH + Co KG, J.M. Huber Corporation, Libraw Pharma, Mingtai Chemical Co., Ltd., Sigachi Industries Limited, Somaiya Group, Spectrum Chemical Mfg. Corp.
Key findings of the study
On the basis of source, the wood pulp segment had the dominating Cellulose Gel Market Share in 2021 and is likely to remain dominant during the forecast period owing to the falling cotton production.On the basis of application, food & beverage segment is likely to be the fastest growing segment with the CAGR of 5.8% during the forecast period.
On the basis of property, the thickening Agent segment is likely to be the fastest growing segment with the CAGR of 8.5% during the forecast period.
On the basis of region, North America dominated the global cellulose gel market.
Companies Mentioned
- Ashland Global Specialty Chemicals Inc.
- Cellulose Solutions Private Limited
- E. I. Du Pont De Nemours and Company
- J. Rettenmaier & Söhne GmbH + Co KG J.M. Huber Corporation
- Libraw Pharma Mingtai Chemical Co. Ltd.
- Sigachi Industries Limited Somaiya Group
- Spectrum Chemical Mfg. Corp
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 251 |
| Published | October 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.4 billion |
| Forecasted Market Value ( USD | $ 2.2 billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 7 |
