Microcrystalline Cellulose Market was valued at USD 713.1 million in 2019 and it is projected to reach USD 1,300.1 million by 2028, growing at a CAGR of 6.9% during the forecast period. Major factors that are driving the microcrystalline cellulose market are the increase in consumption of processed foods, growing pharmaceutical industries aggressively and awareness regarding health is increasing across the world.
Microcrystalline cellulose is a chemically inert and tasteless compound with multiple applications in food, pharmaceutical, cosmetics & personal care and paints & coating sector. It is used as a substitute to unhealthy fat and provides texture for baked food products. The product caters a large amount of fiber that helps in improving the digestion. It also serves as an excellent nutrition contributor for several nutrients. Rapidly growing population, increasing obesity epidemic and changing consumer perception towards healthier foods will drive the product adoption.
The pharmaceutical is the leading industry with a maximum consumption of microcrystalline cellulose. The steady growth of the pharmaceuticals in developed economies such as Italy, Germany, and France is another driver of the market. Its application as an excipient in most of the pharmaceutical formulations is a propelling factor for the market. The increasing geriatric population coupled with other factors need a constant advancement in the pharmaceuticals, which, in turn, raises the demand for microcrystalline cellulose.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
The key leading players in the microcrystalline cellulose market are Mingtai Chemical Co., Ltd., DuPont, Accent Microcell Pvt. Ltd, JRS Pharma GmbH & Co. KG, Asahi Kasei Chemicals Corporation, DFE Pharma GmbH & Co.KG, Avantor Performance Materials Inc., Huzhou City Linghu Xinwang Chemical Co., Ltd, Shandong Xinda Biotechnology Co., Ltd, Blanver, Libraw Pharma, Rayonier Advanced Materials, Sigachi Industrial Pvt. Ltd., Roquette, FrieslandCampina, Juku Orchem Private Limited, among others.
Some of the key Impact Factors:
- Increase in consumption of processed foods.
- Growth in pharmaceutical industries.
- Increasing awareness regarding health across the world.
- Increased consumption of cosmetics products.
- A rise in the disposable income of the population can enhance the market growth.
Key developments in the Microcrystalline Cellulose Market:
- In November 2017, DuPont acquired the health & nutrition business segment of FMC Corporation. The acquisition helped the company to expand its capabilities in the pharma excipient space.
- In December 2015, Asahi Kasei Chemicals and SPI Pharma, Inc. established an alliance in the field of pharmaceutical additives. The impact of this partnership will lead to an increased presence of Asahi Kasei Chemicals Company in the world.
- In August 2015, DFE Pharma GmBH & Co. KG (Pharma) launched a new MCC based product under the brand name Pharmacel 112.
There are large numbers of players that are operating in the global microcrystalline cellulose market. Top manufacturers capture the largest market share in the global microcrystalline cellulose market. The major market players have production and sales offices mainly located in North America, Asia Pacific, and the European region. Besides this, the growth of the healthcare industry along with the food & beverages and personal care industries across the emerging regions are the major factors that cater to the growth of the microcrystalline cellulose market in these regions.
Market Segmentation:
By Raw Material Type:
- Wood based
- Non-Wood based
By Application:
- Pharmaceutical
- Food & Beverage
- Personal Care & Cosmetics
- Others
By Region:
North America
Asia Pacific
Western Europe
Eastern Europe
Middle East
Rest of the World
Reasons to buy this report:
- Market size estimation of the microcrystalline cellulose market on a regional and global basis.
- The unique research design for market size estimation and forecasts.
- Profiling of the major companies operating in the market with key developments.
- Broad scope to cover all the possible segments helping every stakeholder in the market.
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Abstract: Microcrystalline Cellulose (MCC) report provides detailed historical analysis of global market for it from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors.
It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Microcrystalline Cellulose (MCC) market.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/32586/global-microcrystalline-cellulose-2013-2028-779 The global Microcrystalline Cellulose (MCC) market was valued at $940 million in 2019, and MAResearch analysts predict the global market size will reach $1360 million by the end of 2024, growing at a CAGR of 6.5% between 2019 and 2024.
Get the Complete Report @ https://www.24chemicalresearch.com/reports/32586/global-microcrystalline-cellulose-2013-2028-779Leading players of Microcrystalline Cellulose (MCC) including: FMCJRSMingtaiAsahi KaseiAccent MicrocellWei Ming PharmaceuticalJuku Orchem Private LimitedBLANVERAnhui Sunhere PharmaceuticalLinghu Xinwang ChemicalShandong GuangdaHuzhou Zhanwang PharmaceuticalJining Six Best ExcipientsAoda PharmaceuticalQuFuShi MedicalAhua PharmaceuticalQufu TianliXinda biotchnologyRutocelMicrocrystalline Cellulose (MCC) Market split by Type, can be divided into: Wood Pulp BasedRefined Cotton BasedMicrocrystalline Cellulose (MCC) Market split by Application, can be divided into: PharmaceuticalFood & BeverageCosmetics & Personal CareOtherMicrocrystalline Cellulose (MCC) Market split by Sales Channel, can be divided into: Direct ChannelDistribution ChannelMicrocrystalline Cellulose (MCC) Market segment by Region/Country including: North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia and Spain etc.
)Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.
)South America Brazil, Argentina, Colombia and Chile etc.
)Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.
Global Microcrystalline Cellulose (MCC) Market presents information on the current and future industry speculations, enabling the users of this report to identify the products and services, which drive revenue growth and profitability.
Moreover, the report depicts the present market scenario and the downstream and upstream industry chain.The report includes the latest coverage of the impact of COVID-19 on the Microcrystalline Cellulose (MCC) industry.
The report encompasses the revenue trends, consumer requirements, market forecasts, cost-effective methods of production for an increased understanding of the competitive landscape of the market.Top Key Players in the Microcrystalline Cellulose (MCC) Market:Rayonier Advanced Materials, Dowdupont, Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Roquette, DFE Pharma GmbH & Co.Kg, Sigachi Industrial Pvt.
Ltd., Avantor Performance Materials Inc., Gujarat Microwax Limited and Huzhou City Linghu Xinwang Chemical Co., Ltd.Competitive landscapeThe Microcrystalline Cellulose (MCC) Industry is booming owing to the varied established players in this market who are constantly attempting to increase their market share.
The present supplier’s primary focus is achieving a better customer customization technique, providing the customers with a product, which is more to their liking.For the purpose of this report, Reports and Data have segmented the global microcrystalline cellulose (MCC) market based on Source Type, End-use, Application, and region:Source Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)Non-Wood BasedWood-BasedEnd-use Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)Binder/DiluentBulking agentEmulsifiersStabilizerAnti-Caking AgentOthersApplication Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)PharmaceuticalFood & BeverageCosmetics & Personal CarePaints & coatingsOthersRegional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)North AmericaU.S.EuropeUKFranceAsia PacificChinaIndiaJapanMEALatin AmericaBrazilClick here to Get customization & check available discount for the report @ https://www.reportsanddata.com/discount-enquiry-form/2060Features of the Microcrystalline Cellulose (MCC) market report:The report include the competitive landscape of the Microcrystalline Cellulose (MCC) market.proper profiling of the major participants is carried out in the report.The future strategies, production, manufacture, sales and the technological capabilities of the influential market players is encompassed by the reportThe drivers of the Microcrystalline Cellulose (MCC) market are explained in detail for the user to optimize his chances of benefittingThe report also talks about the key application areas of the global market, thereby providing an accurate description of the market to the readers/users.The study conducted a SWOT analysis of the market.
In the concluding chapters, the report focuses on the predictions and opinions given by our expert analysts.
