According to Cognitive Market Research, The global Hemicellulose market size is USD 1.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030.
The demand for Hemicelluloses is rising due to the increasing industrialization in developing countries, as well as the expansion of end-user industries such as paper and pulp and the food industry.
Demand for Papermaking remains higher in the Hemicellulose market.
The Xylan category held the highest Hemicellulose market revenue share in 2023.
North American Hemicellulose will continue to lead, whereas the Asia Pacific Hemicellulose market will experience the most substantial growth until 2030.