Global Microcrystalline Cellulose (MCC) Market Report and Forecast 2024-2032

Global Microcrystalline Cellulose (MCC) Market Outlook

The global microcrystalline cellulose (MCC) market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032 to reach USD 1.82 billion by 2032.    

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Asia Pacific to Emerge as the Leading Market for Microcrystalline Cellulose (MCC)

The Asia Pacific is emerging as the market leader for the microcrystalline cellulose (MCC) industry. This is attributed to the fast-growing population in the developing economies. The disposable income of households has been rising in countries such as India and China, along with the surging demand for personal care products in the region, which is providing a thrust to market growth of MCC. North America is also predicted to witness significant growth due to the large population base with obesity. This is expected to boost the demand for healthy food items with minimal fat content, hence accelerating the microcrystalline cellulose industry.

Microcrystalline Cellulose (MCC): Market Segmentation

Microcrystalline cellulose (MCC) is a partially depolymerised cellulose in unadulterated form. The cellulose precursor is used for its synthesis in processes, such as acid hydrolysis, reactive extrusion, and steam explosion. MCC has diverse applications in various industries such as food and beverage, pharmaceutical and personal care.

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Based on source, the microcrystalline cellulose industry is segmented into the following:

• Wood Based
• Non-wood Based

On the basis of application, the industry is divided into the following:

• Pharmaceutical
• Food and Beverage
• Cosmetics and Personal Care
• Others

The regional markets for microcrystalline cellulose (MCC) industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growing Demand for Healthy Food Choices is Boosting the Microcrystalline Cellulose Industry

MCC is used as a substitute for high fat containing food that is unhealthy in nature. Microcrystalline cellulose can support digestion since it is rich in fibre. MCC is a great nutrition contributor for several nutrients. The awareness for personal health and fitness has been growing rapidly in recent years, consequently boosting the market growth of microcrystalline cellulose. The high incidence of obesity and demand for healthy diet habits has been bolstering the market demand for microcrystalline cellulose globally. MCC is also used in the pharmaceutical industry for multiple applications in products, including fillers, disintegrating agents, anti-sticking agents, adsorbents, and capsule diluents. The growing pharmaceutical industry will further propel the MCC market. Moreover, cosmetics and personal care products are also increasingly utilising MCC for its role in improving the quality and effectiveness of products. This will influence the market of MCC positively.

Key Industry Players in the Global Microcrystalline Cellulose (MCC) Market

The report gives a detailed analysis of the following key players in the global microcrystalline cellulose (MCC) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• DuPont de Nemours, Inc.
• Asahi Kasei Corporation
• Sigachi Industries Limited
• Accent Microcell Pvt. Ltd.
• DFE Pharma GmbH & Co.KG
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report