Microcrystalline Cellulose Market Growth and Regional Share, Trends, Competitor Analysis through 2030
Request PDF Sample Report: https://www.insightslice.com/request-sample/388
The pharmaceutical industry is expanding globally with increased demand for advanced drugs fuelled by prevalence of infectious diseases and expanding geriatric population. Monocrystalline cellulose acts as diluent and binding agent across wide range of drug formulations and thus, is witnessing prominent demand. Another factor fuelling the growth of microcrystalline cellulose market is expanding food & beverage industry fuelled by increased demand for packaged and processed food. Fuelled by consistent demand for bulking and texturizing to improve shelf life of packaged food products, the demand for microcrystalline cellulose is anticipated to witness steady growth during the forecast period. However, high cost of manufacturing and availability of alternatives such as pectin, carboxymethylcellulose, guar gum, and xanthan gum is anticipated to impede the growth of microcrystalline cellulose market in coming years. The global microcrystalline cellulose market is expected to witness steady single-digit growth close to 5.0% during the forecast period.
Increased demand for non-wood based microcrystalline cellulose to drive market growth in coming years
The global microcrystalline cellulose market is segmented on the basis of type, application, and geography. Based on type, the global microcrystalline cellulose market is segmented into wood based microcrystalline cellulose and non-wood based microcrystalline cellulose. The wood based microcrystalline cellulose contributed a dominating share to the global market in 2019 and is expected to witness steady growth during the forecast period. The non-wood based microcrystalline cellulose is anticipated to grow significantly during the forecast period owing to increasing investment in development of cost efficient and improved quality microcrystalline cellulose.
Request for Table of Contents to know the Scope of Study: https://www.insightslice.com/request-toc/388
Increased demand for advanced drugs to drive the growth of global microcrystalline cellulose market
Based on application, the global microcrystalline cellulose market is segmented into food & beverages, pharmaceuticals, personal care, and others. The application of microcrystalline cellulose in food & beverage processing contributed a significant share to the global market owing to strong demand for processed food globally. The pharmaceutical segment is anticipated to be the fastest growing segment during the forecast period owing to increased investment in expansion of pharmaceutical manufacturing across the globe.
Based on geography, the global microcrystalline cellulose market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe contributed a dominating share to the global microcrystalline cellulose market in 2019 and is anticipated to be a dominating segment throughout the forecast period owing to strong demand from pharmaceutical industry. Increasing investment in development of new and advanced drugs across major European countries is anticipated to contribute towards the growth of Europe microcrystalline cellulose market in coming years. Asia Pacific contributed a prominent share to the global microcrystalline cellulose market in 2019 and is expected to the fastest growing region during the forecast period owing to expanding pharmaceutical and food & beverage industries across major countries.
422 Larkfield Ctr #1001
+1 (707) 736-6633
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Microcrystalline Cellulose Market Growth and Regional Share, Trends, Competitor Analysis through 2030 here
News-ID: 2103132 • Views: 181
More Releases from insightSLICE
The Facial rejuvenation- Global Market Share, Trends, Analysis and Forecasts, 20 …
The Global Facial Rejuvenation Market size was estimated to be US$ 19 billion in 2019 and the expected CAGR through 2030 is 11%. There has been an increase in life expectancy worldwide. Subsequent result of the same is anti-ageing desire among masses. The combination of medical and cosmetic procedure leads to expected results. Minimal and Non-invasive treatments for facial rejuvenation have been witnessing higher demand than ever. Facial aesthetics occupies
The Compounding Pharmacies Market- Global Market Share, Trends, Analysis and For …
The Global Compounding Pharmacies Market size was estimated to be US$ 9 billion in 2019 and is expected to grow at a CAGR of 5% through 2030. Compounding Pharmacists are certified to formulate customized drugs in order to cater to the patient’s specific requirement. The compounding pharmacies address the niche category of users who are either allergic to certain ingredients, for example lactose, alcohol, gluten etc. or they do
Tall Oil Fatty Acid Market Growth and Regional Share, Trends, Competitor Analysi …
The tall oil fatty acid is an unsaturated long chained fatty acid widely used as a source of low boiling point fatty acids across multiple industry verticals. Primarily used in synthetic industrial lubricants, the tall oil fatty acid is an affordable, low rosin and consistent source of liquid fatty acids. Tall oil fatty acids are used in industrial applications such as alkyd resins, fuel additives, surfactants, dimer acids, cleaners, lubricant
Physical Vapor Deposition Market Share, Trends, Analysis and Forecasts, 2020 - 2 …
Physical Vapor Deposition is a vital component of material processing industry. It is primarily used for fabrication or deposition of thin film and surface coating. During vapor deposition process, the material to be deposited goes from condensed phase to vapor phase and back to condensed phase in the form of thin film. The physical vapor deposition process requires vacuum and does not require a process medium, thereby making the process
More Releases for Microcrystalline
Global Microcrystalline Cellulose (MCC) Market Sales Was 943 In 2017
New report published by Global Info Research which offers insights on the global Microcrystalline Cellulose market. Microcrystalline cellulose (MCC) is an odorless, tasteless, porous white powder derived from wood pulp or refined cotton. With a wide range of chemical, technical, and economic benefits, MCC is widely used in the pharmaceutical industry, food industry etc. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-microcrystalline-cellulose-market_p73521.html Global Microcrystalline Cellulose Market: Forecast by Type /
Microcrystalline Cellulose Market (MCC) Worth USD 1,241.4 million by 2023
The market size of microcrystalline cellulose (MCC) is estimated at USD 885.1 million in 2018 and is projected to reach USD 1,241.4 million by 2023, at a CAGR of 7.0% between 2018and 2023.MCC is widely used in pharmaceutical, food & beverage, and cosmetic & personal care applications. As it is chemically inert and not absorbed in the human body, it is widely used in the pharmaceutical and food & beverage
Global Microcrystalline Cellulose (MCC) Market Analysis 2018 Forecasts To 2023
Global Microcrystalline Cellulose (MCC) Market Description:- Wiseguyreports.Com Adds “Global Microcrystalline Cellulose (MCC) market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2023” To Its Research Database The global Microcrystalline Cellulose (MCC) market will reach xxx Million USD in 2017 and CAGR xx% 2011-2017. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Microcrystalline Cellulose (MCC)
Microcrystalline Wax Market Report – Actionable Insights and Recommendation 20 …
Paraffin, petrolatums and microcrystalline wax are the natural waxes obtained from the petroleum sources. Microcrystalline wax is a refined mixture of solid, saturated hydrocarbons with long branched chain and is produced by de-oiling few fractions from petroleum refining process. Microcrystalline wax is tougher, flexible and possesses high melting point than paraffin wax. Unlike paraffin, microcrystalline wax is darker, denser, more elastic, soft, opaque and amorphous in nature. Microcrystalline wax is
Microcrystalline Cellulose Market to Register Substantial Expansion by 2020
Transparency Market Research announces the release of a new research report, titled “Microcrystalline Cellulose Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to the report, the global microcrystalline cellulose (MCC) market is forecast to reach a value of US$936.3 million by 2020. View Report Preview: www.transparencymarketresearch.com/microcrystalline-cellulose-ma .. The MCC market was pegged at US$632.9 million in 2013 and is anticipated to grow
Microcrystalline Cellulose Market Trends and Segments 2015-2025
Cellulose is the prime component of plant cell. Microcrystalline cellulose is partially depolymerized cellulose, obtained from wood pulp. It is also formed through some of the fungi, bacteria, algae or marine animals. It is insoluble in water and is primarily used as bulking and anticaking agent in production of food products. It is also used as a texturizer, emulsifier and as an extender in application such as pharmaceutical or personal