August 14, 2019 by Steve Blade
Carboxymethyl cellulose (CMC) has gained immense traction as fat-replacer in processed and ready-to-eat food products, underpinned by the rise in consumer awareness on consumption of healthy food. Food manufacturers are extensively utilizing CMC over egg protein for preparation of cakes by mixing CMC with whey protein concentrates, for minimizing fat concentration in various food products, bakery products in particular. Carboxymethyl cellulose has also witnessed increased adoption in nutrition bars, as it extends solubility of proteins to certain pH levels.
Future prospects of the carboxymethyl cellulose market are likely to be positive, as surge in the popularity of pharmaceutical specialty drugs fuel adoption of CMC, states a new Fact.MR report. The report envisages the carboxymethyl cellulose market to record a modest 4.6% volume CAGR over the forecast period, 2018 to 2028. Worldwide sales of carboxymethyl cellulose will bring in revenues over US$ 2,500 Mn by 2028-end. The FDA-approved disintegrant for pharmaceuticals, CMC improves the dissolving capability of medicines, thereby enhancing their meant effect, which in turn has been driving CMC demand in the pharmaceutical industry.
A significant surge in demand for pharmaceutical specialty drugs has been witnessed since the recent past, which is a key trend influencing adoption of carboxymethyl cellulose. Specialty drugs have revolutionized the medicines, aiding improvement in survival and life quality of chronic disease-affected patients. Approximately half of new FDA-approved drugs are currently deemed as specialty pharmaceuticals. The FDA has further approved carboxymethyl cellulose application as a disintegrant in pharmaceuticals, as CMC enhances effect of medicines by improving their dissolving capability.
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Table of Content
1. Executive Summary
2. Global Carboxy Methyl Cellulose Market Overview
3. Global Carboxy Methyl Cellulose Market Outlook
4. Global Carboxy Methyl Cellulose Market Dynamics
5. Supply Chain and Value Chain Assessment
6. Actionable Insights and Analysis
To be Continue..........
Lucrativeness of the carboxymethyl cellulose market in Asia-Pacific excluding Japan (APEJ) will continue to remain higher than other regional segments incorporated in the report. CMC demand in APEJ’s food & beverage industry will remain robust, underpinned by the occupancy of relatively higher consumption base. Additionally, relatively higher incidence of chronic ailments in the region have led to increased demand for pharmaceuticals, thereby paving avenues for carboxymethyl cellulose. Nearly two-fifth value share of the carboxymethyl cellulose market will be held by APEJ by 2028-end.
Carboxymethyl cellulose has been used in several frozen food & beverages as a stabilizing agent and viscosity improving agent. Finished wines and ice creams are key application areas for CMC, as it deprives the need for salt ice mixers, thereby trimming the cost of ice cream production, and it saves processing time & energy by preventing formation of the potassium bi-tartrate crystals in finished wines. Carboxymethyl cellulose’s foray as cold stabilizers in food & beverages has proved to be a monetary boon for manufacturers, by eliminating the use of expensive cold stabilizers.
Carboxymethyl cellulose also seeks adoption as stabilizing agent during the production of metal nanoparticles, which are used in various applications such as ice packs for retaining lower freezing point. Employment of carboxymethyl cellulose as stabilizing agent has curtailed the production cost and consumption of its expensive cooling counterparts, which in turn is expected to bode well for growth of the carboxymethyl cellulose market in the forthcoming years.
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