• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2024 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Research Reports

    Posted By Jessica Weisman-Pitts

    Posted on February 27, 2025

    Featured image for article about Research Reports

    ROCKVILLE, Md. A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the global food-grade cellulose market is estimated at $402.3 million in 2024, projected to grow steadily with a 4.1% CAGR through 2034. The market is projected to account for a valuation of US$ 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 interest in clean label foods with familiar and natural ingredients is in line with food-grade cellulose, which is plant-derived, qualifying as a clean and transparent label ingredient. The versatility of food-grade cellulose as a thickener, stabilizer, emulsifier, and bulking agent in a range of food applications makes it increasingly popular among food manufacturers looking for multi-functional additives.

    With increasing demand for gluten-free foods, food-grade cellulose takes on the significant task of lending structure and texture to gluten-free bakery items and other foodstuffs. Constant advances in cellulose derivatives, formulations, and processing technology are making food-grade cellulose more effective and efficient, and extending its scope in the food sector. Approval by regulatory agencies and safety affirmations from agencies such as the FDA go further in boosting trust in food-grade cellulose, pushing it higher up the ladder of usage in foods.

    Unlock Exclusive Market Insights, Request Your Sample Here: https://www.factmr.com/connectus/sample?flag=S&rep_id=9587

    Key Takeaways from Market Study:

    • The North American food-grade cellulose market is anticipated to expand at a CAGR of 3.3% during 2034.
    • The food-grade cellulose industry in the United States holds a dominant share of 79.5% in 2024.
    • The United States has a commanding market share of 79.5% in 2024 in the food-grade cellulose industry. The United States commands the global food-grade cellulose market worth 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 holds 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:

    Leading market players like DuPont, Ashland, CP Kelco, and other industry frontrunners are focusing on product innovation and customer-centric strategies to strengthen their position in the global food-grade cellulose market. Their approaches include expansion efforts and a strong dedication to improving product quality, all designed to secure a competitive edge in this dynamic market.

    • 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.

    Key Market Players:

    • Cellulose Solutions Private Limited
    • Fooding Group Limited
    • Mare SpA
    • Lamberti S.p.A
    • Nouryon
    • Hangzhou Sanhe USA Inc.
    • USK Kimya Anonim Sirketi
    • Ashland
    • CPKelco
    • Amar Cellulose Industries
    • Asian Cellulose Private Limited

    Unlock Personalized Data, Customize This Report to Align with Your Business Goals: https://www.factmr.com/connectus/sample?flag=S&rep_id=9587

    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).

    Fact.MR’s Domain Knowledge in Food & Beverages:

    Fact.MR's highly experienced chemical & material team provides expert analysis, actionable insights, and strategic recommendations to assist clients from all over the world with their distinctive business intelligence requirements.

    With more than a thousand reports in their repertoire and 1 million-plus data points, the team has examined the food & beverages sector in more than 50 countries for more than ten years. The team offers unparalleled end-to-end research and consulting capabilities. Contact us to learn how we can assist.

    Check out More Related Studies Published by Fact.MR Research

    Manufacturers are increasingly emphasizing the origin and provenance of cocoa butter in response to consumer demand for premium, artisanal products. Consumers highly value the technology and processes used in cocoa butter production, enhancing the value of finished products. Growing demand for improved texture, appearance, and flavor is driving innovation in the industry.

    The global marine oil market, valued at USD 1,933.9 million in 2022, is projected to exceed USD 2,802.3 million by 2032, growing at a 3.8% CAGR. Marine oil, rich in Omega-3 fatty acids like DHA and EPA, is widely used in industries such as dietary supplements, pharmaceuticals, and aquaculture. As demand rises, particularly from aquaculture, and with advancements in sustainable options like algae oil, market growth is expected to continue.

    The global beauty oils market, valued at US$ 5.74 billion in 2023, is projected to reach US$ 10.28 billion by 2033, growing at a 6% CAGR. Beauty oils, known for softening skin and maintaining moisture, are key in skincare routines. Ingredients like citrus fruits (lemon, orange, mint) and plants like lavender are commonly used in these oils.

    The global eucalyptus oil market, valued at US$ 140 million in 2023, is expected to grow to US$ 270 million by 2033, advancing at a 6.8% CAGR. Organic eucalyptus oil, produced without chemicals or fertilizers, is gaining popularity. Derived from eucalyptus leaves, primarily found in Australia, it offers antioxidant protection, boosts immunity, and enhances respiratory circulation.

    The global body shaper market is projected to grow from US$ 3.06 billion in 2024 to US$ 6.08 billion by 2034, advancing at a 7.1% CAGR. This sector, a key part of the apparel industry, focuses on creating garments that sculpt and define the body's contours.

    The global sleep service provider market is projected to grow from US$ 7.25 billion in 2024 to US$ 24.25 billion by 2034, expanding at a 12.8% CAGR. Growth is driven by increasing cases of sleep disorders such as sleep apnea, insomnia, and narcolepsy. Diagnostics for sleep issues, including in-lab and at-home testing, are improving in precision and accessibility.

    The global grow light market is expected to grow at a robust 8.2% CAGR, reaching nearly US$ 11.4 billion by 2032, up from US$ 5.2 billion in 2022. The demand for grow lights is increasing due to the establishment of controlled greenhouse chambers for food production in urban areas.


    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe