Global Microcrystalline Cellulose Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Source;

Wood-based, and Non -wood-based.

By Process;

Reactive Extrusion, Enzyme Mediated, Steam Explosion, and Acid Hydrolysis.

By End-User Industry;

Pharmaceutical, Food, Cosmetics, and Other End-User Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn681359361 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Microcrystalline Cellulose Market (USD Million), 2020 - 2030

In the year 2023, the Global Microcrystalline Cellulose Market was valued at USD 12,920.58 million. The size of this market is expected to increase to USD 22,432.25 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

Microcrystalline cellulose (MCC) plays a crucial role across various industries, including food, cosmetics, and pharmaceuticals, owing to its versatility and natural composition. Derived from refined wood pulp, MCC consists of glucose units linked by 1-4 beta glycosidic bonds, forming a naturally occurring polymer. In the food industry, MCC serves multiple functions such as a texturizer, anti-caking agent, fat substitute, emulsifier, extender, and bulking agent. Its ability to improve texture, prevent clumping, and enhance stability makes it indispensable in food production processes. MCC's inert nature and compatibility with different food formulations contribute to its widespread use across a broad spectrum of food products.

Within the pharmaceutical sector, MCC acts as an excipient with diverse applications. It is commonly utilized as a binder, disintegrant, and filler in tablet and capsule formulations, facilitating drug delivery and ensuring dosage uniformity. The pharmaceutical industry relies heavily on MCC due to its excellent compressibility, flow properties, and compatibility with active pharmaceutical ingredients, making it an essential component in various pharmaceutical formulations.

Looking ahead, the microcrystalline cellulose market is poised for significant growth, driven primarily by increased adoption in the pharmaceutical and food & beverages industries. With applications spanning medicine, food products, cosmetics, and dyes, MCC's versatile properties and wide-ranging functionalities continue to fuel its demand across diverse sectors. As industries continue to innovate and develop new products, the importance of microcrystalline cellulose as a key ingredient is expected to further solidify its position in the global market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Process
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Microcrystalline Cellulose Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for pharmaceuticals
        2. Growth of the food industry
        3. Growing elderly population
        4. Cross-industry collaborations
      2. Restraints
        1. Health concerns & regulatory scrutiny
        2. Limited raw material availability
        3. Market fragmentation
        4. Supply chain disruptions
      3. Opportunities
        1. Product diversification
        2. Focus on functional foods
        3. Focus on pharmaceuticals
        4. Brand building and marketing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Microcrystalline Cellulose Market, By Source, 2020 - 2030 (USD Million)
      1. Wood-based
      2. Non -wood-based
    2. Global Microcrystalline Cellulose Market, By Process, 2020 - 2030 (USD Million)
      1. Reactive Extrusion
      2. Enzyme Mediated
      3. Steam Explosion
      4. Acid Hydrolysis
    3. Global Microcrystalline Cellulose Market, By End-User Industry, 2020 - 2030 (USD Million)
      1. Pharmaceutical
      2. Food
      3. Cosmetics
      4. Other End-User Industries
    4. Global Microcrystalline Cellulose Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. DuPont de Nemours, Inc
      2. Asahi Kasei Corporation
      3. DFE Pharma
      4. J. RETTENMAIER & SÖHNE GmbH + Co KG
      5. Roquette Frères S.A.
      6. Chemfield Cellulose
      7. Accent Microcell
      8. Sigachi Industries Limited
  7. Analyst Views
  8. Future Outlook of the Market