AMA Research, a global market research and consulting organization, have released a new study titled "Ground Cellulose market - Global outlook to 2030". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Ground Cellulose market to grow at a CAGR of 6.6%.
The Sales Channel, such as Online, is boosting the Ground Cellulose market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Pharmaceutical Use, such as Oral dosage [capsules, tablets, pellets, sachets, and others], is boosting the Ground Cellulose market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Ground Cellulose market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increase in Demand for Ground Cellulose Due to Growth in the Processed Food Industry, Rising Demand for Biodegradable and Environment-Friendly Fabrics and Clothing from Textile Industries, Acceptance of Microcrystalline Cellulose as an Excipient in Food Industry. and The Surge in Consumer Purchasing Power.
Ground Cellulose is the major component of a plant cell. This cellulose is partially depolymerized cellulose, which is attained from wood pulp and is also formed through fungi, marine animals, bacteria or algae. The main aim of this cellulose is that they are insoluble in water and are largely used as bulking and anticaking mediator in the production of food products. Moreover, they are used as an extender, texturizer, and emulsifier in pharmaceutical or personal care products. Ground cellulose has various application such as providing food products and increasing growth of the pharmaceutical industry will be driving the market for ground cellulose in the forecasted year.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Ground Cellulose market by Type (Wood Pulp Based and Refined Cotton Based), by Application (Food & Beverages, Pharmaceuticals, Commodities and Personal Care and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market