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Microcrystalline Cellulose Market Expected to Witness a Sustainable Growth

global microcrystalline cellulose market accounted for revenue of $937 million in 2017 and is anticipated to generate $1,451 million in 2025, growing at a CAGR of 5.5% from 2018 to 2025.

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Microcrystalline Cellulose Market Expected to Witness a Sustainable Growth

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  1. Microcrystalline Cellulose Market

  2. Microcrystalline cellulose manufacturers and research institutions around the world are investing heavily in the development of high quality, low cost microcrystalline cellulose. In addition, research is being conducted on various mediators to increase productivity, such as reactive extrusion, acid hydrolysis, steam explosion, and enzymes. Microcrystalline Cellulose Market was valued at $937 million in 2017 and is expected to reach $1,451 million by 2025, growing at a CAGR of 5.5% from 2018 to 2025. Asia-Pacific microcrystalline cellulose accounts for nearly a quarter of total market revenue in 2017. Get Sample Report

  3. Microcrystalline cellulose is a refined cellulose without calories, used as a bulking agent, anti-caking agent, and emulsifier. This cellulose is derived from high quality wood pulp. It is widely used in the pharmaceutical industry as a binder or diluent in tablet and capsule formulations. It can be used in both wet granulation and direct compression processes for tablet formation. This cellulose is consumed as a natural source of dietary fiber. Used in the food and beverage industry for anti-caking agents, texture modifiers, suspending agents, stabilizers, and other applications. Mainly contained in processed foods, ideally a healthy food additive. Helps provide a creamy texture to dairy products without adding any fat. Low-fat dairy products are mainly manufactured using microcrystalline cellulose. It is also used in personal care products.

  4. Growing demand for processed foods and beverages in developing regions such as Asia Pacific and LAMEA will drive market growth. In addition, the steady increase in the consumption of pharmaceuticals such as tablets and capsules complements the market growth. However, the high price of microcrystalline cellulose, combined with the availability of alternative products such as magnesium stearate and carboxymethylcellulose (CMC), is expected to hinder market growth. Conversely, increased demand for microcrystalline cellulose in emerging economies is expected to create a favorable opportunity for future market growth.

  5. Key Findings of the Microcrystalline Cellulose (MCC) Market: • The wood-based segment accounted for more than three-fourths share of the global microcrystalline cellulose market in 2017 in terms of value. • The pharmaceutical segment accounted for nearly one-third share of the global microcrystalline cellulose market in 2017 in terms of value. • The food & beverage segment is anticipated to grow with the highest CAGR of 6.1% during the forecast period in terms of revenue. • S. occupied nearly half the share of North America microcrystalline cellulose market in 2017 in terms of revenue.

  6. The major players profiled in this study include DowDuPont, Rayonier Advanced Material, FMC Corporation, Asahi Kasei Chemicals Corporation, Roquette, DFE Pharma GmbH & Co.KG, Accent Microcell Pvt. Ltd., JRS PHARMA GmbH & Co. KG, Sigachi Industries Pvt. Ltd., and Ming Tai Chemical Co. Ltd.

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