Global Microcrystalline Cellulose (MCC) Market By Source Type (Wood, Non Wood), Application (Food & Beverages, Pharmaceutical, Personal Care, Paints & Coatings, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Microcrystalline Cellulose (MCC) Market
Global microcrystalline cellulose (MCC) market is set to witness a substantial CAGR of 7.5% in the forecast period of 2019-2026. The high growth of this market is due to the growth in consumption of processed foods across the globe.
Market Definition: Global Microcrystalline Cellulose (MCC) Market
Microcrystalline cellulose is mostly depolymerized cellulose in unadulterated form, which is combined from - cellulose precursor. There are a several ways to synthesize microcrystalline cellulose, for example, receptive expulsion, acid hydrolysis, steam blast and others. Microcrystalline cellulose has huge scale applications in the pharmaceutical, paints, coating, food and beverages and individual consideration ventures. In the food and beverages industry, microcrystalline cellulose is added to the handled nourishment to make a velvety and smooth mouth feel. This is generally used to plan low-fat dairy items, for example, solidified yogurt, whipped cream, and dessert. In the pharmaceutical business, it is utilized as fillers, breaking down operators, anti-sticky agent, adsorbents, and capsules diluents.
- Increase in consumption of processed foods can drives the MCC Market
- Increasing pharmaceutical industry can fuel the market growth of MCC
- Rising health awareness across the world can boosts the market growth
- Rise in disposable income of population can enhance the market growth
- Volatility in raw material prices can hampers the market growth
- Availability of substitute products can resist the market of MCC
Segmentation: Global Microcrystalline Cellulose (MCC) Market
- Non Wood
- Food & Beverages
- Personal Care
- Paints & Coatings
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In September 2017, Roquette acquired Brazil’s drug company Itacel. Itacel existing product portfolio include MCC and croscarmellose. The main aim of this acquisition is to expand their product portfolio food, nutrition and health market at Brazilian and Latin America market.
Global microcrystalline cellulose (MCC) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of microcrystalline cellulose (MCC) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global microcrystalline cellulose (MCC) market are DuPont de Nemours, Inc., DOW, Rayonier Advanced Materials., FMC Corporation, Asahi Kasei Corporation, Roquette Frères, DFE Pharma, Accent Microcell Pvt. Ltd., JRS PHARMA, Sigachi Industries Pvt. Ltd., Ming Tai Chemical Co. Ltd, Scope Ingredients Pvt. Ltd., Chinainfo.org, Pfanstiehl, Inc., Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd, TAITRA, Accent Microcell Pvt. Ltd., Blanver among others.
Research Methodology: Global Microcrystalline Cellulose (MCC) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved