The scope of our recent study on the “Microbial Cellulose Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Application” includes factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players, along with their key developments.
The microbial cellulose market size is expected to grow from US$ 20.84 million in 2022 to US$ 41.32 million by 2028; it is estimated to register a CAGR of 12.1% from 2022 to 2028.
Microbial cellulose, also called biocellulose or bacterial cellulose, is made by aerobic bacteria, such as acetic acid bacteria of the genus Gluconacetobacter xylinum. It is created as a polymer and nanomaterial by biotechnological assembly methods from low-molecular-weight carbon sources. Groups of microorganisms are responsible for the synthesis of microbial cellulose through static or agitated fermentation methods in the presence of competent media. Compared to static cultivation, agitated cultivation offers the maximum yield of microbial cellulose.
Based on application, the global microbial cellulose market is segmented into food & beverages, food packaging, biomedical, cosmetics, and others. The food & beverages segment held the largest share in 2021. The demand for bacterial cellulose is increasing substantially in the food & beverage industry due to changes in customer preferences for packaged food and beverages and high per capita income. Bacterial cellulose has been consumed as a pure source of dietary fiber. In Asian countries, it is consumed as a dessert known as “Nata de Coco." Bacterial cellulose has been considered a “generally recognized as safe (GRAS)” food additive by the US Food Drugs and Administration (FDA) since 1992. Thus, microbial cellulose is used as nata de coco in traditional desserts, food/beverage additives, low cholesterol diets, plant-based meat, etc. As nata de coco, microbial cellulose has application in various food types such as desserts and candies, ice cream, salads, beverages such as cocktails and juices, and baked products, among others.
The global microbial cellulose market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. In 2021, Asa Pacific held the largest market share; however, Europe is expected to register the highest CAGR from 2022 to 2028. Several market players are shifting their manufacturing facilities to Asia Pacific due to favorable government policies, the availability of low-cost labor, and the rising demand for microbial cellulose in the food & beverages industry. Therefore, manufacturers are expanding their footprints across Asia Pacific Further, the cosmetics industry in Southeast Asia is growing rapidly due to the increasing purchasing power of the populace and rising middle-class population. Thus, all these factors are expected to propel the microbial cellulose market growth during the forecast period.
Impact of COVID-19 Pandemic on Microbial Cellulose Market
Many economies were affected due to the impacts of the COVID-19 pandemic. The significant disruption in manufacturing activities and raw material sourcing significantly impacted the growth of microbial cellulose market. Due to lockdowns, travel restrictions, trade limitations, manufacturing unit shutdowns, and other government restrictions, the industries faced significant challenges in the production and distribution of microbial cellulose.
In 2021, governments of various countries announced relaxations in previously imposed restrictions and permitted manufacturers to work at full capacities. Thus, increased production volumes and improved supply chain operations bolstered the microbial cellulose market growth.
The report includes the segmentation of the global microbial cellulose market as follows:
The global microbial cellulose market is segmented Based on application, the market is segmented into food & beverages, food packaging, biomedical, cosmetics, and others. By geography, the global microbial cellulose market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America.
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