According to a recent market study published by Growth Market Reports, titled, “Global Cellulose Powder Market by Grade, by Application, by Region: Size, Share, Trends and Opportunity Analysis, 2019-2029”, the market was valued at US$ 164.1 Million in 2021 and is expected to grow at a moderate growth rate of 3.9% by the year 2029. Rising trend of natural ingredients and high demand for natural food-grade cellulose and growing demand for cellulose powder in animal feed and pet food products is expected to fuel the market during the forecast period.

As per Growth Market Reports industry analyst Sakshi Bhoyar, “The Cellulose Powder Market is anticipated to witness significant growth during forecast period 2022-2029. Cellulose powder is a white-colored, tasteless, odorless powder. It is available in various particle sizes, such as a granular dense or free-flowing fine powder to a non-flowing, coarse, and fluffy powder. It is obtained from the purified specialty grades of wood pulp. Cellulose is available in different forms such as microcrystalline cellulose, carboxymethyl cellulose, and cellulose powder. Cellulose powder is manufactured by cooking raw plant fiber in various chemicals. It gives different texture to food items, differing from liquid to glue form.

Key factors that are anticipated to fuel the demand for the global Cellulose Powder market during the forecast period are growing production and usage of cellulose paper and growing demand for cellulose powder in animal feed and pet food products. Conversely, lack of awareness of cellulose powder hampers the growth of the cellulose powder market. Growing demand for natural skin care and personal care products and increasing demand for cellulose powder in leather and textile industry are creating opportunities in the market.

Value chain management is a pivotal part of any business. A value chain involves a series of steps to get cellulose powder materials, products, sizes, and distribution from their primary state to customers. These steps include development, engagement with customers, and delivering and supporting the cellulose powder. Entities in the value chain include value-driven cellulose powder manufacturers, distributors, marketing investment, and customers.

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The value chain concept disaggregates a firm into the various activities it performs. Conceptualizing from the firm level, this concept has been applied to industries as a whole. The resulting unified cellulose powder value chain comprises activities such as strategy, defining scope, user documentation, marketing, implementation, training & certification, maintenance & support, subscription, licensing, and operations. Developers, outsourcing companies, resellers, marketing companies, and license issuers have different profit margins that vary depending on the material, product, sizes, and prices, offered by the company.

The primary as well as secondary research methodology is used for keen observation and study about the cellulose powder market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges. Pandemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. Companies investing in political, business, and financial stability, as opposed to decreasing global risks, implemented strategies to overcome the pandemic. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services. The COVID-19 outbreak affected economies as well as industries in various countries, due to lockdowns, business shutdowns, and travel bans. China is the global manufacturing hub, with large number of raw material suppliers. Globally, the food & beverage industry is facing serious disruptions such as event cancellations, supply chain breaks, and office shutdowns as a result of this outbreak. COVID-19 is affecting the growth of the cellulose powder market, due to obstacles in supply chain, shutting down of factories, and decline in world economy.

Key Takeaways from the Study:

  • In terms of grade, the pharmaceutical grade segment accounted for substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • Based on application, the food & beverages segment accounted for substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.

Report Scope:

Report Metric

Details

Market Value in 2021

US$ 164.1 Million

Market Growth Rate (from 2021 to 2028)

3.9%

Historical Data

2019, & 2020

Base Year

2021

Forecast Period

2022 – 2029

Units Considered

Value (US$ Million)

Market Segments

By grade, By application, By region

Key Companies Profiled

J. RETTENMAIER & SÖHNE GmbH + Co KG, Merck Grp, JELU-WERK J. EHRLER GMBH & CO. KG, Mikro Technik GmbH, InterFiber, Accent Microcell Pvt. Ltd., CFF GmbH & Co. KG, Sweetener Supply Corporation, ANKIT PULPS AND BOARDS PVT. LTD, NB Entrepreneurs, Central Drug House, Nanoshel LLC, MP BIOMEDICALS, Ingredion Incorporated.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Manufacturers, raw material suppliers, and distributors
  • Demand Side: Fitness and medical industries.
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.