At 13.1% CAGR, the Europe Microbial Cellulose Market is projected to be worth US$ 10,469.10 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the Europe microbial cellulose market was valued at US$ 5,013.69 million in 2022 and is expected to reach US$ 10,469.10 million by 2028, registering a CAGR of 13.1% from 2022 to 2028. Wide scope of application and increasing demand for microbial cellulose in healthcare industry are the critical factors attributed to the Europe microbial cellulose market expansion.         

Over the past few years, climate change, greenhouse gas emissions, and overexploitation of non-renewable resources have adversely impacted the environment, significantly raising sustainability concerns across the region. Therefore, governments of European Union member states, and various countries are promoting the development of eco-friendly products to reduce the environmental footprints and support the growth of circular economy. The European Union (EU) is also focusing on developing bio-based products under its bioeconomy strategy, which aims to lower the EU’s dependency on fossil fuels. Such government strategies and initiatives are boosting the development of bio-based products. Therefore, manufacturers are also investing in bio-based products, including microbial cellulose, to meet sustainability goals and increase market competitiveness. In March 2022, Polybion, a Spain-based biomaterials manufacturer, completed its microbial cellulose biomanufacturing facility with the closing of a Series A financing round worth US$ 4.4 million led by Blue Horizon. The company’s solar-powered manufacturing facility will produce 1.1 million square feet of microbial cellulose, Celium annually. Celium is a substitute for animal-derived or petroleum-based leather, which is developed using fruit waste as a biomass. The company claims that its 1.1 million square feet annual production of microbial cellulose will be equivalent to leather for 275,000 handbags. In February 2023, Bioweg, a German startup engaged in the production of microbial cellulose, and Ginkgo Bioworks, a company that develops cell programming and biosecurity platforms, signed a partnership agreement to optimize the production of microbial cellulose and develop novel cellulose variants that can substitute conventional plastics such as polyethylene, acrylates, and polystyrene that cause microplastic pollution. Thus, increasing demand for sustainable, bio-based materials coupled with strategic initiatives taken by key market players are expected to open lucrative growth opportunities in the microbial cellulose market over the forecast period. This is expected to drive the Europe microbial cellulose market during the forecast period.

On the contrary, high production cost hurdles the growth of Europe microbial cellulose market. 

Based on application, the Europe microbial cellulose market is categorized into food & beverages, food packaging, biomedical, cosmetics, and others. The food & beverages segment held 33.3% market share in 2022, amassing US$ 1,668.36 million. It is projected to garner US$ 3,490.12 million by 2028 to expand at 13.1% CAGR during 2022–2028.

Based on country, the Europe microbial cellulose market has been categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe.  Our regional analysis states that Rest of Europe captured 35.2% share of Europe microbial cellulose market in 2022. It was assessed at US$ 1,762.31 million in 2022 and is likely to hit US$ 3,574.15 million by 2028, exhibiting a CAGR of 12.5% during the forecast period.            

Key players dominating the Europe microbial cellulose market are Ashland Inc; Bacpolyzyme Biyomuhendislik Ltd; BIOINSPIRED MATERIALS SL; Bioweg UG; BOWIL Biotech SP Zoo; Polybion SL; and ScobyTec GmbH among others.

• In Mar 2022, Polybion SL has established bacterial cellulose biomanufacturing plant.
• In Feb 2023, Bioweg partnered with Ginkgo for biodegradable bacterial cellulose production.

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