Microcrystalline Cellulose Market
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Global<br />
<strong>Microcrystalline</strong><br />
<strong>Cellulose</strong> <strong>Market</strong><br />
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Report Description<br />
<strong>Cellulose</strong> is the prime component of plant cell. <strong>Microcrystalline</strong> cellulose is partially<br />
depolymerized cellulose, obtained from wood pulp. It is also formed through some of the<br />
fungi, bacteria, algae or marine animals. It is insoluble in water and is primarily used as<br />
bulking and anticaking agent in production of food products. It is also used as a texturizer,<br />
emulsifier and as an extender in application such as pharmaceutical or personal care<br />
products. Wide usage of microcrystalline cellulose in manufacturing food products<br />
coupled with growing of the pharmaceutical excipient industry is driving the demand of<br />
microcrystalline cellulose market across the globe.<br />
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<strong>Microcrystalline</strong> <strong>Cellulose</strong> <strong>Market</strong> Segmentation<br />
Global microcrystalline cellulose market is segmented on the basis of application which<br />
includes pharmaceutical, food & beverage, cosmetics & personal care and others (paints<br />
and coating). <strong>Microcrystalline</strong> cellulose is widely used in various food products, which<br />
includes dairy products, desserts, baked goods and frozen food. <strong>Microcrystalline</strong> cellulose<br />
act as a bulking agent and fat substitute, and also helps in enhancing and maintaining<br />
consistency of the food product, which is expected to support the growth of food product<br />
in microcrystalline cellulose market. Pharmaceutical is expected to show a substantial<br />
growth over the forecast period. This growth is attributed to the wide usage of<br />
microcrystalline cellulose in pharmaceutical products. It can be used in every kind of oral<br />
dosage such as capsules, pellets, tablets, sachets, and others. In addition, microcrystalline
Report Description<br />
cellulose is highly used as texturizer and thickening agent in cosmetics and personal care<br />
products, which is expected to support the demand of microcrystalline cellulose in<br />
cosmetics and personal care products in the near future.<br />
Global microcrystalline cellulose market is also segmented on the basis of raw material<br />
source. This includes wood and non-wood. Among both of these segment non-wood<br />
based microcrystalline cellulose is expected to show healthy growth over the forecast<br />
period.<br />
Geographically North America is well established market in microcrystalline cellulose<br />
market. The region is expected to contribute highest in terms of revenue. In North<br />
America, U.S. is expected to account for major market share followed by Canada. Europe<br />
is expected to show a substantial growth over the forecast period. Growing<br />
pharmaceutical industry in the European countries is expected to be the driving factor for<br />
microcrystalline cellulose market in the near future. Developing region such as Asia<br />
Pacific is predicted to show a healthy growth during the forecast period. Cheap and easy<br />
availability of raw material, regulatory support, and increasing huge demand for<br />
pharmaceutical products in the region is expected to be the driving factor for<br />
microcrystalline cellulose during the forecast period.<br />
Globally, microcrystalline cellulose market is highly fragmented due to the presence of<br />
large number of global and regional manufacturers. The production of microcrystalline<br />
cellulose is largely concentrated in Asia-Pacific and Europe. Moreover it has been found<br />
that China the major manufacturer of microcrystalline cellulose in the world followed by
Report Description<br />
and U.S., due to which these countries are expected to be the major contributor in terms<br />
of revenue in microcrystalline cellulose market. However, the production of<br />
microcrystalline cellulose is shifting to Asia-Pacific, especially to China, due to the low<br />
cost of raw materials and cheap labor cost in the country.<br />
<strong>Microcrystalline</strong> <strong>Cellulose</strong> <strong>Market</strong> Drivers<br />
Increased acceptance of microcrystalline cellulose as an excipient in food industry<br />
coupled with the growth of the global pharmaceutical industry is expected to drive the<br />
demand of global microcrystalline cellulose market during the forecast period. Moreover,<br />
increasing demand for low fat food and processed food is also expected to fuel the<br />
growth of microcrystalline cellulose market over the forecast period.<br />
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<strong>Microcrystalline</strong> <strong>Cellulose</strong> <strong>Market</strong> Key Players<br />
Some of the major players operating in microcrystalline cellulose market includes FMC<br />
Corporation, Juku Orchem Private Limited, DuPont, Blanver Farmoquimica Ltda., JRS<br />
Pharma, Libraw Pharma, Avantor Performance Materials, Accent Microcell Pvt. Ltd, DFE<br />
Pharma GmbH & Co. Asahi Kasei Corporation, Mingtai Chemical Co. Ltd., and Sigachi<br />
Industries Pvt. Ltd., among others.
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