Microcrystalline Cellulose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Microcrystalline Cellulose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global microcrystalline cellulose market size reached US$ 1,221.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,640.3 Million by 2028, exhibiting a growth rate (CAGR) of 5.04% during 2022-2028.

Microcrystalline cellulose (MCC) refers to purified and depolymerized cellulose with shorter crystalline polymer chains. It is commonly used as a filler, disintegrant and bulking, binding, lubricating agent in drug formulations. MCC is manufactured through controlled partial hydrolysis, purification and drying of high purity wood cellulose and other fibrous plant material. It can also be commercially synthesized using reactive extrusion, enzyme-mediated synthesis, steam explosion and acid hydrolysis. It acts as a stability enhancer and auxiliary suspending agent. It is added to tablets, oral fluids, medicinal gels and chewable and mouth dissolving tablets and nutraceuticals for prolonged drug and nutrient release.

Microcrystalline Cellulose Market Trends:
Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the widespread adoption of MCC in the manufacturing of food and beverage products is providing a thrust to the market growth. MCC is a chemically inert and tasteless compound, which is used to produce low-fat dairy products, such as frozen yogurt, whipped cream and ice cream. It is extensively used as an anti-caking and suspending agent, stabilizer and a substitute for unhealthy fats and oils to achieve the desired consistency and texture in baked products. Additionally, the increasing utilization of degradable bio-composites and reinforced polylactic acid for 3D printing is acting as another growth-inducing factor. MCC acts as an additive for the 3D fabrication of building and construction components with enhanced tensile and thermal strength and minimal waste and power consumption. Other factors, including the increasing demand for non-wood-based MCC manufactured using agricultural waste, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global microcrystalline cellulose market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source type, route of synthesis and end user.

Breakup by Source Type:

Wood-based
Non-wood based

Breakup by Route of Synthesis:

Reactive Extrusion
Enzyme Mediated
Steam Explosion
Acid Hydrolysis
Mechanical Grinding
Ultrasonication

Breakup by End User:

Pharmaceutical
Food and Beverages
Cosmetics and Personal Care
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accent Microcell Pvt. Ltd., Asahi Kasei Corporation, Chemfield Cellulose, DFE Pharma GmbH & Co. KG (Royal FrieslandCampina N.V.), DuPont de Nemours Inc, Huzhou City Linghu Xinwang Chemical Co., Ltd, JRS PHARMA GmbH & Co. KG, Mingtai Chemical Co Ltd., Rayonier Advanced Materials, Roquette Frères and Sigachi Industries.

Key Questions Answered in This Report
1. What was the size of the global microcrystalline cellulose market in 2022?
2. What is the expected growth rate of the global microcrystalline cellulose market during 2023-2028?
3. What are the key factors driving the global microcrystalline cellulose market?
4. What has been the impact of COVID-19 on the global microcrystalline cellulose market?
5. What is the breakup of the global microcrystalline cellulose market based on the source type?
6. What is the breakup of the global microcrystalline cellulose market based on the route of synthesis?
7. What is the breakup of the global microcrystalline cellulose market based on the end user?
8. What are the key regions in the global microcrystalline cellulose market?
9. Who are the key players/companies in the global microcrystalline cellulose market?