Powdered Cellulose Market Overview
Powdered Cellulose Market Size was estimated at 94.37 (USD Billion) in 2022. The Powdered Cellulose Market Industry is expected to grow from 97.63(USD Billion) in 2023 to 132.5 (USD Billion) by 2032. The Powdered Cellulose Market CAGR (growth rate) is expected to be around 3.45% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Powdered Cellulose Market Trends Highlighted
Market trends indicate a growing demand for powdered cellulose, driven by its versatility and sustainable attributes. The increasing adoption of powdered cellulose in various industries, such as pharmaceuticals, food, and personal care, is a key driver of market growth. Furthermore, the rising awareness about eco-friendly materials and the push for biodegradable alternatives are creating opportunities for powdered cellulose to replace synthetic materials in packaging and other applications. Technological advancements are also fueling market expansion, as the development of new production methods and enhanced functionalities of powdered cellulose opens up new possibilities for its use in diverse sectors. The market is expected to witness continued growth as industries explore innovative applications and the demand for environmentally conscious solutions increases.
Powdered Cellulose Market Drivers
Increasing Demand from the Pharmaceutical Industry
Powdered cellulose is a chemical compound that exists in various forms and has multiple applications in nowadays technologies. The substance is massively implemented in the production of tablets and capsules, where it serves as a binder, disintegrant, and filler. The pharmaceutical industry’s tendency to expand along with the emerging market’s boost drives the growing demand for the product. Moreover, the rising population’s age and the presentation of numerous chronic-related diseases add to the expansion of the pharmaceutical industry and, accordingly, powdered cellulose manufacturing.
Growing Applications in the Food and Beverage Industry
Powdered cellulose is used in the food and beverage industry as a thickener, stabilizer and suspending agent. This ingredient is included in a variety of products, such as soups, sauces, dressings, and dairy products. The usage of powdered cellulose in the food and beverage industry is encouraged by the increasing demand for processed and packed foods and the growing popularity of plant-based alternatives.
Expansion of the Cosmetics and Personal Care Industry
Powdered cellulose is a dermatologically safe solid-based product. It is an excerpt from caustic soda, hypochlorous acid, and sodium hydroxide. The use of this material in cosmetic products as an absorbing, filling or exfoliating agent is allowed in amounts set forth by the authorities of the Cosmetics Regulation Act. Meanwhile, the growth of this market also derives from the increase in population, the rise of disposable incomes, the demand for environmentally friendly makeup and the focus on skincare of late.
Powdered Cellulose Market Segment Insights:
Powdered Cellulose Market Grade Insights
The brisk market expansion can be primarily attributed to the burgeoning demand for powdered cellulose in various end-use industries, including pharmaceuticals, food, cosmetics, and industrial applications. Pharmaceutical grade is the largest segment in terms of market share, as powdered cellulose is heavily used to produce tablets, capsules, and other solid dosage forms. Moreover, the pharmaceutical industry is subjected to stringent tests and quality standards to ensure the production of high-purity products. The food-grade is another significant segment, and its demand is increasing due to a number of factors.
The trend of clean-label and natural products has given it a significant boost as it is derived from plants, non-GMO, and gluten-free. In addition, it has a substantial amount of dietary fiber and fewer calories than comparable ingredients. Cosmetic grade is used in a wide variety of personal care and cosmetic products, including makeup, creams, and haircare. Their usage is increasing as the substance absorbs more oil, feels smooth and silky on the skin, and increases product thickness while also stabilizing it. Industrial grade is utilized in a variety of industrial applications, such as paper manufacturing, paint and coating, and oil and gas drilling.Its absorbency of moisture and thickening and suspending characteristics are especially valued by these sectors. The market is anticipated to grow at a steady pace in the coming years, owing to the growing demand from various industries. Increased awareness among the general population about its advantages, such as biodegradability, low environmental footprint, and versatility, is also anticipated to drive up demand.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Powdered Cellulose Market Application Insights
The Global Powdered Cellulose Market is segmented into different applications, which include Pharmaceuticals, Food and Beverages, Cosmetics and Personal Care, Papermaking, Textiles, and Others. The Pharmaceuticals segment is expected to witness significant growth in 2023 and dominate the market during the forecast period. This outburst can be attributed to the growing demand for powered cellulose in the production of pharmaceutical excipients, such as binders, disintegrants, and fillers. The Food and Beverages segment enjoys a significant market share, supported by the gradually increasing demand for powered cellulose used as a thickening and stabilizing agent in the production of food products.
The Cosmetics and Personal Care segment is another important submarket that is also gradually expanding because of the increased usage of powdered cellulose in manufacturing cosmetics and personal care such as face powders, exfoliants, and cleansers. The Papermaking segment is projected to expand steadily, reflecting the growing demand for powered cellulose used as a filler and coating agent in the production of paper and paperboards. The Textiles segment is another segment that is gradually growing, where powered cellulose is used as a sizing and thickening agent in textiles.The Others segment is the last application, including adhesives, paint, and plastic, which is also projected to grow gradually.
Powdered Cellulose Market End-Use Industry Insights
The Healthcare segment held the largest share of the Global Powdered Cellulose Market in 2023, accounting for around 38.4% of the market revenue. The demand for powdered cellulose in the healthcare industry is primarily driven by its use as a key ingredient in the production of pharmaceutical tablets and capsules. Powdered cellulose provides the necessary binding and disintegrating properties, ensuring the proper release and absorption of active pharmaceutical ingredients. Moreover, powdered cellulose is also used in medical devices, wound dressings, and drug delivery systems.The market growth in this segment is expected to continue in the coming years due to the increasing prevalence of chronic diseases and the growing demand for personalized medicine.
Powdered Cellulose Market Regional Insights
The Global Powdered Cellulose Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market for powdered cellulose, accounting for over 35% of the global market revenue in 2023. The growth of the North American market is driven by the increasing demand for powdered cellulose in the food and beverage industry, as well as the growing popularity of plant-based products. Europe is the second-largest regional market for powdered cellulose, with a market share of over 30%. The European market is expected to grow at a CAGR of 3.7% from 2023 to 2032, driven by the increasing demand for powdered cellulose in the pharmaceutical and cosmetics industries.
APAC is the third-largest regional market for powdered cellulose, with a market share of over 20%. The APAC market is expected to grow at a CAGR of 4.2% from 2023 to 2032, driven by the increasing demand for powdered cellulose in the food, beverage and pharmaceutical industries. South America and MEA are the smallest regional markets for powdered cellulose, with a combined market share of less than 10%. However, these markets are expected to grow at a CAGR of over 5% from 2023 to 2032, driven by the increasing demand for powdered cellulose in the food, beverage, pharmaceutical, and cosmetics industries.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Powdered Cellulose Market Key Players And Competitive Insights:
The major players in this industry are increasingly expanding their global presence in the powdered cellulose market by getting into partnerships and collaborations. The leading players in the Powdered Cellulose Market are heavily investing in research and development to produce innovative products and technologies. The Powdered Cellulose Market industry is expected to witness considerable growth in the upcoming years due to the increasing demand for powdered cellulose in various applications. On the other hand, the Powdered Cellulose Market Competitive Landscape includes a few big players and a handful of small players.
The prominent players in the Powdered Cellulose Market include FMC Corporation, J. Rettenmaier Shne GmbH + Co KG, Nippon Paper Industries Co., Ltd., Rayonier Advanced Materials, and Borregaard AS. Azelis, a major global distributor specializing in Specialty Chemicals and Food Ingredients, has signed an agreement with J. Rettenmaier Shne GmbH + Co KG to distribute its cellulose-based products in the Asia Pacific region. This partnership is anticipated to consolidate its position in the powdered cellulose market and will enable customers to access a wide range of products. Nippon Paper Industries Co., Ltd. is another major player in this market and has a major presence in the Asia Pacific region.
The company has increased its production capacities in Asia in the recent past. Rayonier Advanced Materials is a notable player in the Powdered Cellulose Market that has concentrated progressively on the pharmaceutical and food industries. The companies are increasingly investing in RD to innovate new products and technologies specifically to cater to the pharmaceutical and food industries. The Norwegian company, Borregaard AS, is another notable player in the Powdered Cellulose Market. The company has a major presence in European and North American markets. The company has been increasingly expanding its operational base in Europe and North America to cater to the increasing demand for powdered cellulose in these regions.
Key Companies in the Powdered Cellulose Market Include:
- ACEgroup
- Matsuzaki
- Borregaard
- Rayonier Advanced Materials
- Samyang New Technology
- Lenzing
- Tokai Paper
- Daicel
- CNPlast
- Domsjo
- Jilin Chemical Fiber
- Pylex
- Buckeye Technologies
- FPInnovations
- Santoku America
Powdered Cellulose Market Industry Developments
The global powdered cellulose market is projected to reach USD 132.5 billion by 2032, exhibiting a CAGR of 3.45% during the forecast period (2024-2032). Increasing demand from the pharmaceutical industry, particularly for excipients in drug formulations, is driving market growth. The rising prevalence of chronic diseases and the subsequent surge in pharmaceutical production contribute to this demand. Moreover, powdered cellulose finds applications in food beverages, cosmetics, and construction, further expanding the market landscape.Recent developments include the strategic partnership between Borregaard and JRS Pharma to enhance production capacity and meet growing demand in the pharmaceutical sector. Additionally, the acquisition of Mingtai Fire Retardant Material by Borregaard strengthens its position in the construction industry. These developments underscore the evolving market dynamics and the increasing focus on meeting specific industry requirements.
Powdered Cellulose Market Segmentation Insights
Powdered Cellulose Market Grade Outlook
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- Pharmaceutical Grade
- Food Grade
- Cosmetic Grade
- Industrial Grade
Powdered Cellulose Market Application Outlook
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- Pharmaceuticals
- Food and Beverages
- Cosmetics and Personal Care
- Papermaking
- Textiles
- Others
Powdered Cellulose Market End-Use Industry Outlook
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- Healthcare
- Food and Beverage
- Consumer Products
- Construction
- Automotive
- Others
Powdered Cellulose Market Regional Outlook
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- North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Powdered Cellulose Market Report Scope
Report Attribute/Metric |
Details |
Market Size 2022 |
94.37 (USD Billion) |
Market Size 2023 |
97.63 (USD Billion) |
Market Size 2032 |
132.5 (USD Billion) |
Compound Annual Growth Rate (CAGR) |
3.45% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
ACEgroup, Matsuzaki, Borregaard, Rayonier Advanced Materials, Samyang New Technology, Lenzing, Tokai Paper, Daicel, CNPlast, Domsjo, Jilin Chemical Fiber, Pylex, Buckeye Technologies, FPInnovations, Santoku America |
Segments Covered |
Grade, Application, End-Use Industry, Regional |
Key Market Opportunities |
Functionalization in Food Applications Biodegradable Packaging Solutions Pharmaceutical Excipients Expansion Hygiene and Personal Care Innovations Electronics and Specialty Applications Growth |
Key Market Dynamics |
Rising demand in pharmaceuticals Growing use in food amp beverages Increasing application in cosmetics amp personal care Stringent regulations driving innovation Environmental concerns fostering sustainable production |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global powdered cellulose market is expected to reach USD 132.5 billion by 2032, with a CAGR of 3.45% from 2024 to 2032.
Asia Pacific is expected to dominate the global powdered cellulose market throughout the forecast period, owing to the increasing demand from the pharmaceutical and food industries in the region.
Powdered cellulose is primarily used in the pharmaceutical industry as a filler and binder in tablets and capsules. It is also used in the food industry as a thickener, stabilizer, and emulsifier. Other applications include its use in cosmetics, personal care products, and industrial products.
The key competitors in the global powdered cellulose market include FMC Corporation, JRS Pharma GmbH Co. KG, Borregaard AS, Nippon Paper Industries Co., Ltd., and DFE Pharma.
The increasing demand for powdered cellulose in the pharmaceutical and food industries, along with the growing awareness of its benefits in various applications, is driving the growth of the global powdered cellulose market.
The global powdered cellulose market faces challenges such as the availability of alternative materials, stringent regulatory requirements, and fluctuations in the prices of raw materials.
The growing demand for powdered cellulose in emerging economies, the development of new applications, and the increasing adoption of sustainable materials present opportunities for the growth of the global powdered cellulose market.
The global powdered cellulose market is expected to grow at a CAGR of 3.45% from 2024 to 2032, reaching a market size of USD 132.5 billion by 2032.
The key trends in the global powdered cellulose market include the increasing demand for bio-based and sustainable materials, the development of new applications in the pharmaceutical and food industries, and the growing adoption of advanced technologies in the production of powdered cellulose.
Powdered cellulose is primarily used in the pharmaceutical industry as a filler and binder in tablets and capsules. It is also used in the food industry as a thickener, stabilizer, and emulsifier. Other applications include its use in cosmetics, personal care products, and industrial products.