Powdered cellulose is a form of cellulose, which is made from cellulose and is widely used in the fields of pharmacy, food and cosmetics. Generally considered to be non-toxic and non-irritating substances.
Market Analysis and Insights: Global Powdered Cellulose Market
Due to the COVID-19 pandemic, the global Powdered Cellulose market size is estimated to be worth US$ 1165 million in 2022 and is forecast to a readjusted size of US$ 1646 million by 2028 with a CAGR of 5.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Powdered Cellulose global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pharmaceutical segment is altered to an % CAGR throughout this forecast period.
Global key players of powdered cellulose include DuPont and JRS. Global top 2 manufacturers hold a share nearly 40%. Geographically speaking, North America holds nearly 35% of global market share, followled by Europe and Asia-Pacific of nearly 30% respectively. In terms of type, medicine grade holds an important share of about 50%, which because of pharmaceutical application accounts for nearly 50%.
Global Powdered Cellulose Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Powdered Cellulose Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Industrial Grade
Medicine Grade
Segment by Application
Pharmaceutical
Food & Beverage
Cosmetics & Personal Care
Others
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
Production by Region
North America
Europe
China
Japan
India
Southeast Asia
Consumption by Region
North America
China States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina