Microcrystalline Cellulose | Industry Outlook, Growth Prospects and Key Opportunities
The MCC market was pegged at US$632.9 million in 2013 and is anticipated to grow at a 5.8% CAGR from 2014 to 2020.The global MCC market is primarily driven by factors such as growth of the pharmaceutical excipient industry and surge in demand for low-fat foods. The use of eco-friendly raw materials for the production of MCC has been identified as an opportunity for manufacturers to capitalize on. In contrast, the MCC market is hampered by high cost of production and comparatively low yield.
This 98 page report gives readers a comprehensive overview of the Microcrystalline Cellulose market. Browse through 31 data tables and 17 figures to unlock the hidden opportunities in this market@
MCC finds application in industries such as pharmaceutical, food and beverages, personal care, and paints and coatings. Pharmaceutical was the largest application segment in 2013, accounting for a share of over 35% that year. The industry is also projected to be the fastest developing end-use segment from 2014 to 2020, according to the research report.
MCC has been declared suitable as an excipient in pharmaceutical applications owing to properties such as efficient binding ability, significant compressibility, and high internal porosity. The pharmaceutical segment is also driven by rise in global geriatric population and development of innovative products. After the US Food and Drug Administration (FDA) approved MCC as a safe food ingredient, its demand from the food and beverages industry has grown. The developing market for low-fat foods is also expected to further the demand for MCC by 2020.
Geographically, the global market for MCC is segmented into North America, Europe, Asia Pacific, and Rest of the World. Accounting for a 30% share of the overall market, North America dominated the worldwide MCC market in 2013 owing to the roaring demand for MCC from the food and beverages and pharmaceutical industries and the slow yet steady recovery of the U.S. economy.
Rising demand for MCC from the Middle East and Latin America is likely to boost the MCC market in the Rest of the World region.Asia Pacific has been identified as the most rapidly developing region in the global MCC market. This spurt in growth can be attributed to increasing demand from emerging economies such as Vietnam, Malaysia, China, Thailand, and India.
Get accurate market forecast and analysis on the Microcrystalline Cellulose market. Request a sample to stay abreast on the key trends impacting this market@
Some of the key manufacturers of MCC in the global market are Asahi Kasei Corporation, MINGTAI CHEMICAL CO., LTD., J. RETTENMAIER & SÖHNE GmbH + Co KG, BLANVER FARMOQUÍMICA LTDA, Accent Microcell Pvt. Ltd., FMC Corporation, JUKU ORCHEM PRIVATE LIMITED, DFE Pharma GmbH & Co. KG, Libraw Pharma, Sigachi Industrial Pvt. Ltd., and Avantor Performance Materials, Inc.
The report segments the global microcrystalline cellulose market as:
Microcrystalline Cellulose Market: End-user Segment Analysis
Food and Beverage
Others (including paints & coatings, etc.)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
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 | Industry Outlook, Growth Prospects and Key Opportunities here
News-ID: 687595 • Views: 138
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for MCC
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 Synthetic Resin Market 2018 - MCC, UPC, Bayer, DSM, Akolite
Apex Market Research, recently published a detailed market research study focused on the "Synthetic Resin Market" across the global, regional and country level. The report provides 360° analysis of "Synthetic Resin Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Synthetic Resin industry, and estimates the future trend of Synthetic Resin market
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)
Global Synthetic Resin Market 2018 - BASF, Dow, CCP, MCC
The statistical surveying information incorporated into the Synthetic Resin report is the aftereffect of significant essential and optional research exercises. The report fragments the global Synthetic Resin market based on makers, item compose, applications, and regions. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the global Synthetic Resin advertise covering key factors, for example, drivers and restrictions
Global & China Microcrystalline Cellulose (MCC) Market Outlook 2017-2022
Qyresearchreports include new market research report "Global & China Microcrystalline Cellulose (MCC) Market Outlook 2017-2022" to its huge collection of research reports. To stay competent in the global Microcrystalline Cellulose (MCC) market, this report provides a complete guide to the Microcrystalline Cellulose (MCC) market. This report consists of various trends that are affecting this market both in positive or negative manners. These trends are completely evaluated to predict their precise effects