The Increasing Prevalence Of Pharmaceutical Companies Is Augmenting Cellulose Gel Market Growth
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Cellulose Gel Market |
Market Overview:
Cellulose gel, also known as
microcrystalline cellulose, is a versatile ingredient derived from cellulose,
which is a natural polymer found in plants. Cellulose gel is produced by
partially hydrolyzing cellulose with acid, followed by mechanical or enzymatic
treatment to break down the cellulose fibers into fine particles.
Cellulose gel is widely used in various
industries, including food, pharmaceutical, and cosmetics. In the food
industry, cellulose gel is used as a bulking agent, emulsifier, and stabilizer
in products such as baked goods, dairy products, and processed meats. In the
pharmaceutical industry, cellulose gel is used as a binder, disintegrant, and
filler in tablets and capsules. In the cosmetic industry, cellulose gel is used
as a thickener and emulsion stabilizer in products such as lotions, creams, and
shampoos.
Competitive
Landscape:
Major players operating in the Global
Cellulose Gel Market include Sigachi Industrial Pvt. Ltd., Accent Microcell Pvt.
Ltd., Rayonier Advanced Materials, Avantor Performance Materials Inc., Roquette,
Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co.KG, DFE Pharma GmbH
& Co.KG, and DowDuPont.
Key Market Drivers:
The demand for processed food is
increasing due to the busy lifestyle of consumers, which requires convenient
and ready-to-eat food products. Cellulose gel is widely used in processed food
products as a filler and stabilizer in food and beverages and pharma companies
in the world. This is expected to augment the growth of the Global Cellulose Gel Market. For
instance, according to the European Federation of Pharmaceutical Industries and
Associations, there are 36 national pharma associations in Europe. The
pharmaceutical industry is rapidly growing, and cellulose gel is widely used as
a binder and filler in the production of tablets and capsules. The increasing
demand for medications is driving the demand for cellulose gel in the
pharmaceutical industry.
Consumers are becoming more
health-conscious and are demanding products with natural and organic
ingredients. Cellulose gel is a plant-based ingredient that is safe and healthy
to consume, which is estimated to enhance the growth of the global cellulose
gel market.
Covid-19 Impact
Analysis:
The COVID-19 pandemic has had a mixed
impact on the global Cellulose Gel
Market. The demand for cellulose gel has increased in the pharmaceutical
industry due to the production of vaccines and other medications. However, the
demand for cellulose gel has decreased in the food and cosmetic industries due
to the closure of restaurants, beauty salons, and other businesses during the
lockdowns.
Key Takeaways:
·
North
America is expected to dominate the growth of the global cellulose gel market,
owing to the high prevalence of pharmaceutical companies in the region. For
instance, according to Enterprise Apps Today, currently, there are around 2655
pharmaceutical companies in the United States.
·
The
Asia Pacific is estimated to witness high growth in the global cellulose gel
market, owing to the increasing population, rising disposable income, rapid
industrialization, and the prevalence of food and beverages and pharmaceutical
companies in the region. For instance, according to Invest India, there are
around 3000 pharmaceutical companies in India currently.
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