Microcrystalline Cellulose Market is expected to grow at a CAGR of 4.91 % from 2023-2030 : Cognitive Market Research

Market Overview:
Microcrystalline cellulose is an odorless, fine white powder, and a purified form of cellulose, which is derived from the pulp of fibrous plant material. This is used as an anti-caking agent, texturizer, emulsifier, and binding agent. Microcrystalline cellulose is a depolymerized cellulose obtained by treating alpha-cellulose with mineral acids and acid hydrolysis by using 2M hydrochloric acid at 105 degrees Celsius for 15 min.

Summary:
• The Microcrystalline Cellulose Market Size Was Valued at USD 441.12 Million In 2022 And Is Expected to Grow at A CAGR Of 4.91 % During the Forecast Period, Reaching USD 702.91 Million By 2030.
• Based on the drying process, the spray drying process segment has the largest revenue share in the microcrystalline cellulose market.
• Based on application, the pharmaceutical segment has the largest revenue share in the microcrystalline cellulose market.
• Based on source type, the wood-based segment has the largest revenue share in the microcrystalline cellulose market.
• Europe has the largest revenue share in the microcrystalline cellulose market.

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Market Dynamics:
Increasing consumer demand for personal grooming products and the well-established pharmaceutical industry is the key factor expected to drive the growth of the microcrystalline cellulose market. Furthermore, increasing import & export of various cosmetics & skincare products, and up-gradation in technology in the pharmaceutical industry are expected to create growth opportunities for the microcrystalline cellulose market. However, increasing manufacturing and production costs of microcrystalline cellulose may restrict the growth of the microcrystalline cellulose market.

Market Segmentation:
Drying Process:
• Bulk Drying
• Spray Drying
Based on the drying process, the spray drying process segment has the largest revenue share in the microcrystalline cellulose market. This is due to the increasing demand for spray-dried microcrystalline cellulose in the pharmaceutical industry.

Application:
• Pharmaceutical
• Food and Beverage
• Cosmetics and Personal Care
• Others
Based on application, the pharmaceutical segment has the largest revenue share in the microcrystalline cellulose market. This is attributed to pharmaceutical Technology offering a wide range of microcrystalline cellulose-based products projected to drive the growth of the pharmaceutical segment.

Source Type:
• Wood-Based
• Non-wood based
Based on source type, the wood-based segment has the largest revenue share in the microcrystalline cellulose market. This is due to wood-based cellulose consumed as a natural source of dietary fiber expected to drive the growth of this segment.

Competitive Analysis for Microcrystalline Cellulose Market:
FMC Corporation, E.I. Du Pont De Nemours, Asahi Kasei, Tembec, Dfe Pharma, Blanver Farmoquimica Ltda, Jrs Pharma, Avantor Performance Materials, Mingtai Chemical, Pharmatrans Sanaq, Sigachi Industrial, Juku Orchem Private

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Regional Analysis:
Europe accounted for the largest share of the microcrystalline cellulose market
Europe has the largest revenue share in the microcrystalline cellulose market. This is due to increasing microcrystalline cellulose consumption in Europe anticipated to drive the growth of the microcrystalline cellulose market in the region.

News:
DFE Pharma has launched an excipient portfolio Pharmacel sMCC 90
In July 2021, DFE Pharma, a company that supplies pharmaceutical excipient solutions introduced Pharmacel sMCC 90, a silicified microcrystalline cellulose product. This is designed to serve as an effective solution for complex oral solid medication formulations.
Source: https://dfepharma.com/news/dfe-pharma-expands-its-co-processed-portfolio-with-the-launch-of-pharmacel-smcc-90/

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Microcrystalline Cellulose Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Microcrystalline Cellulose Market Segmentation
1.5.1 Microcrystalline Cellulose Market Regional Fragmentation
1.5.1 Microcrystalline Cellulose Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Microcrystalline Cellulose Market
• 3.1 Global Microcrystalline Cellulose Market Size 2018 - 2030, (USD Million)
• 3.2 Global Microcrystalline Cellulose Market Statistics 2022: Snapshot
Chapter 4 Global Microcrystalline Cellulose Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Microcrystalline Cellulose Market by Process Segmentation Analysis (2018-2030)
Chapter 9 Global Microcrystalline Cellulose Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Microcrystalline Cellulose Market by Source Type Segmentation Analysis (2018-2030)
Chapter 11 Global Microcrystalline Cellulose Market by End-Use Segmentation Analysis (2018-2030)
Chapter 12 Global Microcrystalline Cellulose Market Regional Analysis
Chapter 13 North America Microcrystalline Cellulose Market Outlook (2018 - 2030)
Chapter 14 Europe Microcrystalline Cellulose Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Microcrystalline Cellulose Market Outlook (2018 - 2030)
Chapter 16 Latin America Microcrystalline Cellulose Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Microcrystalline Cellulose Market Outlook (2018 - 2030)
Chapter 18 Research Findings

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Related Report:
Cellulose Gel Market:
https://www.cognitivemarketresearch.com/cellulose-gel-market-report
Nanomaterials Market:
https://www.cognitivemarketresearch.com/nanomaterials-and-nanotechnology-market-report
Silicified Microcrystalline Cellulose Market:
https://www.cognitivemarketresearch.com/silicified-microcrystalline-cellulose-market-report
Colloidal Microcrystalline Cellulose Market:
https://www.cognitivemarketresearch.com/colloidal-microcrystalline-cellulose-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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