Microcrystalline Cellulose (MCC) Market Outlook
According to a new report by Expert Market Research titled, “Microcrystalline Cellulose (MCC) Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global microcrystalline cellulose (MCC) market is projected to grow at a CAGR of 5% between 2024 and 2032. Aided by the growing applications across various industries, the market is expected to grow significantly by 2032.
Microcrystalline cellulose is a refined wood pulp derivative, widely recognised for its excellent binding and bulking properties. It is non-toxic, hypoallergenic, and biodegradable, making it a preferred ingredient in pharmaceuticals, food & beverages, cosmetics, and other industries.
The significant microcrystalline cellulose (MCC) market growth is largely attributed to its extensive use in the pharmaceutical industry as an excipient. Its binding and disintegrant properties make it an ideal ingredient in tablet formulation. Furthermore, the burgeoning food and beverage industry utilises MCC as a texturiser and fat substitute, catering to the rising consumer demand for low-fat, high-fibre foods.
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In the pharmaceutical sector, MCC is employed for its excellent compressibility properties, aiding in the production of tablets and capsules. The food industry capitalises on its texturizing and emulsifying abilities, using it in products like baked goods, dairy products, and meat substitutes. Additionally, the cosmetic industry incorporates MCC in various skincare and haircare products due to its non-irritating and hypoallergenic nature.
Advancements in processing technologies have enabled the production of various grades of MCC, suitable for specific applications, thereby influencing the microcrystalline cellulose (MCC) market outlook. The sustainability aspect of MCC, being derived from renewable sources, aligns well with the current trend of eco-friendly and sustainable product development.
The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific, led by countries like China and India, shows significant growth potential due to its expanding pharmaceutical and food & beverage industries. North America and Europe also hold substantial microcrystalline cellulose (MCC) market shares, driven by advanced technological infrastructure and stringent regulatory standards for food and pharmaceutical products.
Regulatory policies play a crucial role in the MCC market, particularly concerning its use in food and pharmaceutical products. The compliance with food safety and pharmaceutical quality standards is imperative for market players. Moreover, the environmentally friendly nature of MCC gives it an edge in markets increasingly inclined towards sustainable products.
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Microcrystalline Cellulose (MCC) Market Segmentation
The market can be divided based on source, application, and region.
Market Breakup by Source
- Wood Based
- Non-wood Based
Market Breakup by Application
- Pharmaceutical
- Food and Beverage
- Cosmetics and Personal Care
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global microcrystalline cellulose (MCC) market. Some of the major players explored in the report by Expert Market Research are as follows:
- DuPont de Nemours, Inc.
- Asahi Kasei Corporation
- Sigachi Industries Limited
- Accent Microcell Pvt. Ltd.
- DFE Pharma GmbH & Co.KG
- Others
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