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Global Nanocellulose Market is expected to grow steadily at CAGR of 21% in the Forecast Period of 2021-2026

Forecast CAGR (2021-2026): 21 %   Nanocellulose is a renewable and cost-effective material that can meet the increasing demand in the lightweight packaging industry for biodegradable packaging. Its high strength and stretchability are increasing its popularity in the packaging industry. The food and beverage sector is rapidly expanding, which is fueling the development of the nanocellulose industry. Increasing global understanding of biodegradability, as well as more stringent government regulations for sustainable development, are expected to accelerate the growth of the nanocellulose industry in the near future. Since nanocellulose-based paper has improved properties such as better printing quality, lower transparency, and decreased porosity, the paper and pulp industry is seeing an increase in demand for nanocellulose. During the outbreak of the COVID-19 pandemic, nanocellulose has seen increased demand from the biomedical and pharmaceutical industries, bolstering market growt

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