Microcrystalline Cellulose Market to Grow at 5.06% During 2022-2027, Supported by Rising Pharmaceutical Applications

According to the latest report by IMARC Group, titled "Microcrystalline Cellulose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global microcrystalline cellulose market size reached US$ 1,157 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,563 Million by 2027, exhibiting a growth rate (CAGR) of 5.06% during 2022-2027.

Microcrystalline cellulose (MCC) is a refined wood pulp made from high-grade, purified wood cellulose. It can be processed through reactive extrusion, steam explosion and acid hydrolysis. MCC becomes inert, white and free-flowing powder when its amorphous cellulose portions are removed. It is extensively used as an anti-caking agent, emulsifier, fat substitute, texturizer, extender and bulking agent. As a result, it finds applications in prescription excipients and can be used for dry powder tableting.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Microcrystalline Cellulose Market Trends:

The global microcrystalline cellulose market is primarily driven by its increasing demand in bakery applications. MCC increases the bake stability and maintains the freshness of the bakery products. It also improves the flow property, reduces calorie content, and prevents the separation of water and oil during the baking process. Besides this, MCC is employed as an additive in the production of cheese and cheese products. It eases the processing and increases fiber content, which improves the creaminess of the cheese. Moreover, manufacturers utilize MCC in medicinal capsules and tablets due to its stability and prolonging drug release properties. Furthermore, the growing demand for non-wood-based MCC manufactured using agricultural waste and the rising utilization of degradable bio-composites for 3D printing are also fueling the market growth across the globe.

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Key Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

• Accent Microcell Pvt. Ltd.
• Asahi Kasei Corporation
• Chemfield Cellulose
• DFE Pharma GmbH & Co.
• KG (Royal FrieslandCampina N.V.)
• DuPont de Nemours Inc
• Huzhou City Linghu Xinwang Chemical Co., Ltd
• JRS PHARMA GmbH & Co. KG
• Mingtai Chemical Co Ltd
• Rayonier Advanced Materials
• Roquette Frères and Sigachi Industries.

Breakup by Source Type:

• Wood-based
• Non-wood based

Breakup by Route of Synthesis:

• Reactive Extrusion
• Enzyme Mediated
• Steam Explosion
• Acid Hydrolysis
• Mechanical Grinding
• Ultrasonication

Breakup by End User:

• Pharmaceutical
• Food and Beverages
• Cosmetics and Personal Care
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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