Press release
Microcrystalline Cellulose (MCC) Market Analysis: Demand Dynamics, Key Trends and Forecast Through 2031
According to a report published by Allied Market Research, the global microcrystalline cellulose (MCC) market was valued at $401.1 million in 2021 and is projected to reach $712.9 million by 2031, growing at a CAGR of 5.9% from 2022 to 2031.The report delivers an in-depth assessment of evolving market dynamics, key segments, value chain analysis, competitive landscape, and regional outlook. It serves as a strategic guide for industry leaders, investors, shareholders, and startups aiming to achieve sustainable growth and strengthen their competitive positioning.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/5064
Report Coverage and Key Highlights:
- Forecast Period: 2022-2031
- Base Year: 2021
- Market Size (2021): $401.1 million
- Market Size (2031): $712.9 million
- CAGR: 5.9%
- Report Length: 710 pages
- Segments Covered: Drying Process, Application, Source Type, and Region
Market Drivers, Opportunities, and Restraints:-
Key Drivers:
- Well-established global pharmaceutical industry
- Rising consumer demand for personal grooming and hygiene products
Growth Opportunities:
- Growing population across developed and developing economies
- Increase in import and export of cosmetics and skincare products
- Technological advancements in pharmaceutical manufacturing
Market Restraints:
- High manufacturing and production costs of microcrystalline cellulose
- Availability of substitutes such as carboxymethyl MCC, kappa-carrageenan, and others
Segment Analysis Insights:-
By Drying Process:
- The spray drying segment dominated the market in 2021, accounting for over three-fourths of total revenue.
- This segment is also expected to register the highest CAGR of 6.0% during the forecast period.
- The bulk drying segment was also analyzed in the report.
By Application:
- The pharmaceutical segment held the largest share in 2021, contributing more than one-third of total market revenue, and is expected to maintain its dominance through 2031.
- The food and beverage segment is anticipated to grow at the fastest CAGR of 6.5% during the forecast period.
- Other segments include cosmetics and personal care and miscellaneous applications.
By Source Type:
- The wood-based MCC segment led the market in 2021, accounting for over four-fifths of total revenue, and is projected to retain its leadership position.
- The non-wood-based segment is expected to witness the highest CAGR of 6.3% by 2031.
By Region:
- Europe dominated the market in 2021, contributing around one-third of global revenue, and is expected to maintain its leading position.
- Asia-Pacific is projected to register the fastest CAGR of 6.5% during the forecast period.
Other regions analyzed include North America and LAMEA.
Competitive Landscape:-
Key players profiled in the global microcrystalline cellulose market include:
- FMC Corporation, Anhui Shanhe Pharmaceutical Excipients Co., Ltd., DowDuPont Inc., Accent Microcell Pvt. Ltd., Ming Tai Chemical Co. Ltd., Chemfield Cellulose, Foodchem International Corporation, Cellutech Pharma, Asahi Kasei Chemicals Corporation, Sigachi Industries Pvt. Ltd., Maple Biotech Pvt. Ltd., JRS PHARMA GmbH & Co. KG, DFE Pharma, Ankit Pulps, Quadra Chemicals, Roquette, NB Entrepreneurs, Ashok Chem-Pharma, Amishi Drugs and Chemicals Pvt. Ltd., and Huzhou City Linghu Xinwang Chemical Co., Ltd.
These companies are actively pursuing product launches, expansions, collaborations, joint ventures, and strategic agreements to strengthen their market presence and enhance regional competitiveness. The report offers comprehensive insights into their business performance, product portfolios, operating segments, and strategic initiatives, providing a clear view of the competitive scenario.
Obtain Report Details: https://www.alliedmarketresearch.com/microcrystalline-cellulose-market
Contact:
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Int'l: +1-503-894-6022
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help@alliedmarketresearch.com
About Us
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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