Press release
Microcrystalline cellulose (MCC) Market 2023-2030 Innovations By Latest Technology, Future Demands, Key Suppliers and Business Solutions | Key Players are DuPont, Asahi Kasei Corporation, Roquette Frères, Avantor, Sigachi Industries and others
Report Overview:Microcrystalline cellulose (MCC) is a white, odorless, tasteless, and crystalline powder that is derived from cellulose, which is a natural polymer found in the cell walls of plants. MCC is composed of tiny, uniform-sized particles that are produced by treating cellulose with various acids or enzymes and then milling the resulting material to a fine powder.
MCC is widely used in the pharmaceutical, food, and cosmetic industries as an excipient or filler. In the pharmaceutical industry, MCC is commonly used as a bulking agent, a diluent, a disintegrant, and a binder in tablet and capsule formulations. It is also used as a suspending and emulsifying agent in liquid and semi-solid formulations.
The microcrystalline cellulose market was valued at US$ 0.9 Bn in 2021 and is projected to reach US$ 1.4 Bn by 2030, at a CAGR of 6.1%.
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Growth Drivers:
-Increasing demand for pharmaceutical products: MCC is widely used as a binder, diluent, and disintegrating agent in pharmaceutical products. The growth of the pharmaceutical industry, particularly in emerging economies, is expected to boost the demand for MCC.
-Rising demand for low-calorie food products: MCC is used as a bulking agent and fat substitute in low-calorie food products. With increasing health awareness and concerns about obesity, the demand for low-calorie food products is on the rise, which is expected to drive the growth of the MCC market.
Competitive Analysis:
The Microcrystalline Cellulose market is a highly competitive space, with several large and well-established players as well as a number of smaller, niche companies. These companies compete on a variety of factors such as product innovation, pricing, distribution, and marketing. Some of the strategies used by these companies to maintain their competitive edge include developing new and improved diagnostic products, expanding their product lines, forming strategic partnerships and collaborations, and investing in research and development.
The Major Key Players Included in the Report:
• DuPont
• Asahi Kasei Corporation
• Roquette Frères
• DFE Pharma
• JRS PHARMA
• Avantor
• Sigachi Industries
• Huzhou City Linghu Xinwang Chemical Co., Ltd
• FMC Corporation
• Accent Microcell Pvt. Ltd.
• Ming Tai Chemical Co. Ltd.
• RanQ
• Maple Biotech Pvt. Ltd.
• Quadra Chemicals
• Others
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Market Segmentation Analysis:
The report focuses on studying the Microcrystalline cellulose (MCC) market on the basis of segments by manufacturers, by type, by application, by region and country. It also offers information about market size (value, volume, sales and revenue) and CAGR for the historical period (2017-2020) and forecast period (2022-2028), considering 2021 as the base year.
By Source
-Wood-based
-Non-wood-based
By Application
-Pharmaceutical
-Food & Beverage
-Cosmetics & Personal Care
-Paints & Coatings
-Others
In the food industry, MCC is used as a texturizer, a fat substitute, and a bulking agent in low-calorie and sugar-free foods. It is also used as an anti-caking agent in spices and seasoning blends.MCC is generally considered safe for use in pharmaceuticals and food products, as it is non-toxic, non-carcinogenic, and biodegradable.
Geographic Segmentation:
-North America (USA, Canada, Mexico)
-Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
-Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
-South America (Brazil, Argentina, Columbia, Rest of South America)
-The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
The European microcrystalline cellulose market is driven by the growth of the pharmaceutical industry and the increasing demand for low-fat food products. Germany is the largest consumer of MCC in this region, followed by the UK, France, and Italy.
Browse Full Report@ https://www.extrapolate.com/Chemicals-and-Advanced-Materials/microcrystalline-cellulose-market/25759
Why Purchase the Report?
-The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
-Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
-Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
-The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
-Understand the current market scenario and viability of the global market over the forecast period.
Some of the key questions answered in this report:
-Which product and application will take a share of the Microcrystalline Cellulose market?
-What will be the CAGR and size of the Microcrystalline Cellulose market throughout the forecast period?
-What are the market opportunities and challenges faced by the key vendors?
-Who are the major competitors and what is their strategy?
-What are sales, revenue, and price analysis of top manufacturers of the market?
Detailed TOC of Global Microcrystalline Cellulose Market @ https://www.extrapolate.com/toc/Chemicals-and-Advanced-Materials/microcrystalline-cellulose-market/25759
TABLE OF CONTENTS
Chapter 1: Microcrystalline Cellulose Market Overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production Capacity by Region
Chapter 4: Microcrystalline Cellulose Consumption by Region
Chapter 5: Segment by Type
Chapter 6: Segment by Application
Chapter 7: Key Companies Profiled
Chapter 8: Microcrystalline Cellulose Manufacturing Cost Analysis
Chapter 9: Marketing Channel, Distributors and Customers
Chapter 10: Market Dynamics
Chapter 11: Production and Supply Forecast
Chapter 12: Consumption and Demand Forecast
Chapter 13: Forecast by Type and by Application (2023-2028)
Chapter 14: Research Finding and Conclusion
Chapter 15: Methodology and Data Source
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