Microcrystalline Cellulose Market : Industry Analysis and Market Assessment 2014-2021
Microcrystalline cellulose (MCC) is a natural polymer and it has a broad range of applications which includes its uses as an emulsifier, a texturizer, an extender, an anti-caking agent, and a bulking agent in the food & beverage and pharmaceutical industry. It's growing usage in the formulation of vitamin supplements and in various tablets owing to its excellent compressibility properties is expected to drive the microcrystalline cellulose market demand in the near future. Rising application scope of MCC as stabilizer and texture modifying agent on account of its wide availability in many processed food products is likely to augment growth over the coming years. Favorable regulatory policies in terms of FDA approval for its use as safe ingredients and other supportive associations consent is anticipated to boost the market demand in the near future.
The report "Global Microcrystalline Cellulose (MCC) Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021" added by DecisionDatabases.com to its vast repository provides market insights, facts, historical data, and future projections of the microcrystalline cellulose industry. This report provides information in terms of revenue and volume for the period 2014 to 2021. Drivers, restraints, and opportunities are intellectually assessed in the research report.
Microcrystalline cellulose is a naturally occurring partially depolymerized substance. MCC can also be produced from various processes such as steam explosion, acid hydrolysis, reactive extrusion and enzyme-mediated production process. Increasing demand of microcrystalline cellulose in the formulation of active pharmaceutical ingredients (APIs) coupled with expanding pharmaceutical industry on account of its low moisture content is expected to increase the market penetration. Wide usage of microcrystalline cellulose in diverse pharma processes such as dry granulation, wet granulation, and direct compression is also anticipated to bolster the market demand over the coming years.
Rising demand of MCC in the food and beverage industry owing to its anti-cracking and emulsifying property is likely to boost the market demand for the product. Changing food preference along with lifestyle enhancement has created a steep demand for the baked and processed food, which in turn will drive the microcrystalline cellulose market over the forecast period. Rising usage of MCC in beverages due to its gelling and stabilizing property has also driven the market demand and is expected to witness a significant growth in the near future. Microcrystalline cellulose provides strong binding and flow ability to improve mobility and hardness in the tablet manufacturing.
Some of the niche applications of MCC include its usage in the cosmetics, clay- showpiece and in animal feed products. Growing usage of MCC in personal care products as a thickener and binding agent to provide stability and to increase shelf-life is anticipated to increase its market share over the coming years. MCC offers strength to the clay craft on account of its binding property. High production cost is the main challenge in the microcrystalline cellulose production process however, many industry players are investing in their R&D to encounter this issue and are expected to create a cost effective manufacturing solution for the production process.
North America is the leading market and is expected to grow at a substantial rate over the coming years owing to its growing pharmaceutical and food processing industries in the near future. Asia Pacific is emerging as one of the fastest growing market on account of a cost-effective production process, favourable economies and growing food and pharmaceutical industries in the region. The European market is also expected to grow at a moderate rate owing to expanding bakery and processed food industry in the region.
Major market players include FMC Corporation, Asahi Kasei Corporation, DuPont, Tembec Inc., Libraw Pharma, DFE Pharma GmbH, Sigachi Industrial Pvt. Ltd., Mingtai Chemical, Juku Orchem, Avantor Performance and Accent Microcell.
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