The uptake in adoption of carboxymethyl cellulose (CMC) as an effective fat-replacer in ready-to-eat and processed foods, abreast rising consumer awareness about consumption of healthy food, will sustain future growth of the CMC market. Inclination of food manufacturers toward carboxymethyl cellulose over egg proteins for preparation of bakery food items such as cakes is likely to be a key growth determinant for the market. Carboxymethyl cellulose aids in minimizing fat concentration in myriad foods, particularly in bakery & confectionary products.
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.
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