The report "Microcrystalline Cellulose (MCC) Market by Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care), Raw Material Source (Wood-based, Non-wood - based), and Region (North America, Europe, APAC, RoW) - Global Forecasts to 2024" The MCC market is projected to grow from USD 938 million in 2019 to USD 1,315 million by 2024, at a CAGR of 7.0%, between 2019 and 2024. The growth of the MCC market is primarily triggered by the increasing demand for processed food and growing production of pharmaceuticals and increasing cosmetic applications.
Browse 155 Market Data Tables and 32 Figures spread through 109 Pages and in-depth TOC on "Microcrystalline Cellulose (MCC) Market by Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care), Raw Material Source (Wood-based, Non-wood - based), and Region (North America, Europe, APAC, RoW) - Global Forecasts to 2024"
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The pharmaceutical application segment is projected to register the highest CAGR in terms of both value and volume during the forecast period.
The growth of the global MCC market is dependent on the growth of the pharmaceutical excipient market. MCC acts as a filler, binder, disintegrant, suspending agent, lubricant, and glidant in pharmaceutical manufacturing. It is used in the direct compression method as it reduces the production cost. MCC is a vital component that is used in every form of oral dosage, which includes pellets, capsules, tablets, and sachets.
The wood-based segment is projected to account for the major market share during the forecast period.
Wood is the traditional choice of raw material for MCC production. Commercially produced wood pulp used to manufacture MCC is obtained from sources, such as softwood woods (gymnosperms) and hardwood (dicotyledons). Gymnosperms include fir trees, spruce trees, pine trees, conifers, and cycads. The chemical property of MCC produced from different wood sources varies because of the difference in the composition of alpha-cellulose in different kinds of woods available.
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Europe is estimated to be the largest market for microcrystalline cellulose in 2019, in terms of value.
Europe is the largest MCC market, in terms of value, in 2019. The European region is segmented into Germany, France, the UK, Switzerland, Italy, and Spain. The overall market growth of the region is driven mainly by the increasing investments in drug development and the continuous efforts of pharmaceutical companies to offer superior-quality products. In addition, the economic recovery and the increase in employment rate are the growth factors for the processed food industry in the region, which, in turn, supports the growth of the MCC market in the food & beverage application.
Key players operating in the MCC market are DuPont (US), Asahi Kasei Chemicals Corporation (Japan), Rayonier Advanced Materials (US), Roquette (France), and DFE Pharma GmbH & Co.KG (Germany), among others.
Abstract: Microcrystalline Cellulose (MCC) report provides detailed historical analysis of global market for it from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors.
It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Microcrystalline Cellulose (MCC) market.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/32586/global-microcrystalline-cellulose-2013-2028-779 The global Microcrystalline Cellulose (MCC) market was valued at $940 million in 2019, and MAResearch analysts predict the global market size will reach $1360 million by the end of 2024, growing at a CAGR of 6.5% between 2019 and 2024.
Get the Complete Report @ https://www.24chemicalresearch.com/reports/32586/global-microcrystalline-cellulose-2013-2028-779Leading players of Microcrystalline Cellulose (MCC) including: FMCJRSMingtaiAsahi KaseiAccent MicrocellWei Ming PharmaceuticalJuku Orchem Private LimitedBLANVERAnhui Sunhere PharmaceuticalLinghu Xinwang ChemicalShandong GuangdaHuzhou Zhanwang PharmaceuticalJining Six Best ExcipientsAoda PharmaceuticalQuFuShi MedicalAhua PharmaceuticalQufu TianliXinda biotchnologyRutocelMicrocrystalline Cellulose (MCC) Market split by Type, can be divided into: Wood Pulp BasedRefined Cotton BasedMicrocrystalline Cellulose (MCC) Market split by Application, can be divided into: PharmaceuticalFood & BeverageCosmetics & Personal CareOtherMicrocrystalline Cellulose (MCC) Market split by Sales Channel, can be divided into: Direct ChannelDistribution ChannelMicrocrystalline Cellulose (MCC) Market segment by Region/Country including: North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia and Spain etc.
)Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.
)South America Brazil, Argentina, Colombia and Chile etc.
)Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.
Global Microcrystalline Cellulose (MCC) Market presents information on the current and future industry speculations, enabling the users of this report to identify the products and services, which drive revenue growth and profitability.
Moreover, the report depicts the present market scenario and the downstream and upstream industry chain.The report includes the latest coverage of the impact of COVID-19 on the Microcrystalline Cellulose (MCC) industry.
The report encompasses the revenue trends, consumer requirements, market forecasts, cost-effective methods of production for an increased understanding of the competitive landscape of the market.Top Key Players in the Microcrystalline Cellulose (MCC) Market:Rayonier Advanced Materials, Dowdupont, Asahi Kasei Chemicals Corporation, JRS Pharma GmbH & Co. Kg, Roquette, DFE Pharma GmbH & Co.Kg, Sigachi Industrial Pvt.
Ltd., Avantor Performance Materials Inc., Gujarat Microwax Limited and Huzhou City Linghu Xinwang Chemical Co., Ltd.Competitive landscapeThe Microcrystalline Cellulose (MCC) Industry is booming owing to the varied established players in this market who are constantly attempting to increase their market share.
The present supplier’s primary focus is achieving a better customer customization technique, providing the customers with a product, which is more to their liking.For the purpose of this report, Reports and Data have segmented the global microcrystalline cellulose (MCC) market based on Source Type, End-use, Application, and region:Source Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)Non-Wood BasedWood-BasedEnd-use Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)Binder/DiluentBulking agentEmulsifiersStabilizerAnti-Caking AgentOthersApplication Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)PharmaceuticalFood & BeverageCosmetics & Personal CarePaints & coatingsOthersRegional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)North AmericaU.S.EuropeUKFranceAsia PacificChinaIndiaJapanMEALatin AmericaBrazilClick here to Get customization & check available discount for the report @ https://www.reportsanddata.com/discount-enquiry-form/2060Features of the Microcrystalline Cellulose (MCC) market report:The report include the competitive landscape of the Microcrystalline Cellulose (MCC) market.proper profiling of the major participants is carried out in the report.The future strategies, production, manufacture, sales and the technological capabilities of the influential market players is encompassed by the reportThe drivers of the Microcrystalline Cellulose (MCC) market are explained in detail for the user to optimize his chances of benefittingThe report also talks about the key application areas of the global market, thereby providing an accurate description of the market to the readers/users.The study conducted a SWOT analysis of the market.
In the concluding chapters, the report focuses on the predictions and opinions given by our expert analysts.
