In 2022, the Global Microbial Cellulose Market was valued at USD 294.21 million and is projected to reach a market size of USD 900 million by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 15%.
Industry Overview
Microbial cellulose, commonly referred to as bacterial cellulose, is a type of biodegradable, organic cellulose produced by bacteria. Because it is hydrophilic, bacterial cellulose has a high-water retention quality. Acetobacter species of bacteria typically manufacture it. Its fibre network construction is extremely pure. It has a few great qualities, including a high capacity for absorbing water, a high degree of crystallinity, and a high degree of mechanical strength. One of the characteristics of bacterial cellulose that is encouraging the usage of this material in applications across many sectors is its chemical purity. As a result, it is predicted that throughout the projected period, the global market for bacterial cellulose would grow at the quickest rate.
End-use sectors including paper, medicine, and food are using bacterial cellulose more and more. The thickening agent in packed and ready-to-cook foods is bacterial cellulose. Bacterial cellulose functions as a stabilizing agent when added to food that is ready to eat. It gives the food more texture and fibre. All of these elements encourage the food and beverage industries to use bacterial cellulose. This in turn is fuelling the expansion of the global market for bacterial cellulose. Bacterial cellulose is also commonly used in the paper and pharmaceutical industries.
Bacterial cellulose is also biodegradable, which promotes its use in a variety of end-use sectors. The global market for bacterial cellulose is expanding as a result of the textile and industry demand for ecologically friendly goods. Due to these concerns, the major market companies are spending a lot of money to develop or secure patents for better-defined bacterial cellulose. During the projected period, it is expected that this investment and more recent items on the market would present chances for growth.
Impact of Covid-19 on the industry
The current COVID-19 coronavirus pandemic has changed how the beauty business looks. Sales, purchases, and usage have decreased across several beauty areas as a result of months of consumer lockdowns, international travel restrictions, and retail business closures. However, as a result of the COVID-19 pandemic, the demand for microbial cellulose, a material required in the manufacture of pharmaceuticals, surged due to the increased usage of medications in hospitals around the world.
Market Drivers
Advancements in Bacterial Cellulose Production Drive Growing Market Demand
Even though bacterial cellulose is created naturally, there are currently several techniques being researched to improve the growth of cellulose from cultures in laboratories as a large-scale process, which is raising the demand for bacterial cellulose as a sample as well. The growth of the global bacterial cellulose market sales is being caused by the expansion of the use of bacterial cellulose in numerous industries, including textiles, cosmetics, food goods, and medicine.
Rising demand in the healthcare sector will drive the market growth
The need for microbial and bacterial cellulose is also rising in the healthcare industry for things like transdermal drug administration, enantioselective drug delivery, and dental drug delivery. The increased need for microbial and bacterial cellulose in the forecast is ascribed to its inherent qualities, such as non-toxicity, biocompatibility, and non-carcinogenicity. The paper and pulp industry's growing need for bacterial and microbial cellulose to produce paper in more environmentally friendly methods is predicted to fuel the expansion of the microbial and bacterial cellulose market during the forecast period.
Market Restraints
The high cost of production will challenge the market growth
The forecast period is expected to see a slowdown in the growth of the microbial bacterial cellulose market due to the high production costs associated with producing bacteria and microbial cellulose as a result of factors like poor yield, expensive culture media, high operation costs, and downstream processing.
GLOBAL MICROBIAL CELLULOSE MARKET REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 - 2030 |
Base Year |
2022 |
Forecast Period |
2023 - 2030 |
CAGR |
15% |
Segments Covered |
By Product Method, End User, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regional Scope |
North America, Europe, APAC, Latin America, Middle East & Africa |
Key Companies Profiled |
Fzmb GmbH, Bowil Biotech, Hainan Guangyu, Hainan Yeguo Foods Co, Nympheas International Biomaterial Corp. |
This research report on the global microbial cellulose market has been segmented and sub-segmented based on product method, end-user and Geography & region.
Global Microbial Cellulose Market- By Product Method
Dynamic Method
Based on the product method, the microbial cellulose market is segmented into dynamic and static methods. The dynamic method is projected to dominate the microbial cellulose market during the period of analysis.
Global Microbial Cellulose Market- By End User
Paper Industry
Food Industry
Medical Industry
Cosmetics
Others
Microbial and bacterial cellulose is used in the food industry as a thickening and stabilizing ingredient to preserve the viscosity of the food. Microbial and bacterial cellulose is used commercially in a variety of products, including papermaking and as a component in cosmetics. Its uses in medicine range from internal treatments like bone grafts and tissue engineering to wound dressing, among others. End-use sectors including paper, medicine, and food are using bacterial cellulose more and more.
The thickening agent in packed and ready-to-cook foods is bacterial cellulose. Bacterial cellulose functions as a stabilizing agent when added to food that is ready to eat. It gives the food more texture and fibre. All of these elements encourage the food and beverage industries to use bacterial cellulose. This in turn is fuelling the expansion of the global market for bacterial cellulose. Bacterial cellulose is also commonly used in the paper and pharmaceutical industries.
A factor that is anticipated to produce new revenue growth opportunities during the forecast period is the increase in investments in microbial and bacterial cellulose R&D for applications in the area of electronic paper, the use of bacterial cellulose for manufacturing OLEDs, and advancements in nanostructured cellulose.
Global Microbial Cellulose Market- By Geography & Region
North America
Europe
Asia-Pacific
Latin America
The Middle East and Africa
Throughout the projection period, the Europe area is anticipated to lead all other regional markets for bacterial cellulose. This market expansion in Europe may be attributed to rising demand for bacterial cellulose from a variety of end-use industries, including medicine, food, and paper, as well as significant regional investments in research and development (R&D) activities. Additionally, the development of new products and support from the public and private sectors to create enhanced bacterial cellulose are promoting market expansion in Europe.
Over the forecast period, the Asia Pacific area is anticipated to have the highest CAGR of 8.5%. Due to favourable government policies, the availability of cheap labour, and the expanding demand for bacterial cellulose in the region's food and beverage industry, several market participants are moving their manufacturing operations to the Asia Pacific. The availability of alternatives and rigorous regulations, however, are expected to impede market expansion.
Global Microbial Cellulose Market- By Companies
Fzmb GmbH
Bowil Biotech
Hainan Guangyu
Hainan Yeguo Foods Co
Nympheas International Biomaterial Corp.
NOTABLE HAPPENINGS IN THE GLOBAL MICROBIAL CELLULOSE MARKET IN THE RECENT PAST:
Chapter 1. Global Microbial Cellulose Market – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Global Microbial Cellulose Market – Executive Summary
2.1. Market Size & Forecast – (2022 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2022 - 2030
2.3.2. Impact on Supply – Demand
Chapter 3. Global Microbial Cellulose Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Global Microbial Cellulose Market Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. Global Microbial Cellulose Market - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Global Microbial Cellulose Market – By Product Method
6.1. Dynamic Method
6.2. Static Method
Chapter 7. Global Microbial Cellulose Market – By End User
7.1. Paper Industry
7.2. Food Industry
7.3. Medical Industry
7.4. Cosmetics
7.5. Others
Chapter 8. Global Microbial Cellulose Market- By Region
8.1. North America
8.2. Europe
8.3. Asia-Pacific
8.4. Latin America
8.5. The Middle East
8.6. Africa
Chapter 9. Global Microbial Cellulose Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
9.1. Fzmb GmbH
9.2. Bowil Biotech
9.3. Hainan Guangyu
9.4. Hainan Yeguo Foods Co
9.5. Nympheas International Biomaterial Corp.
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