PPT-Microcrystalline Cellulose (MCC) Market: Global Market Insights, Inc.

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Microcrystalline Cellulose (MCC) Market 2016
2024
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Global Market Scenario of Microcrystalline
Cellulose (MCC)

• Microcrystalline Cellulose (MCC) Market size was
  over USD 630 million in 2015 and is forecast to
  surpass USD 1 billion by 2024, growing at more
  than 7 CAGR from 2016 to 2024.
• Increasing application scope in pharmaceuticals
  and cosmetic sectors accompanied by FDA approval
  as safe ingredient to consume are among the key
  factors driving global microcrystalline cellulose
  (MCC) market size growth.
• Microcrystalline cellulose (MCC) is a suitable
  ingredient in various end-use industries owing to
  its non-degradability in digestion.
• The product is classified into two groups, wood
  based derived from wood pulp and non-wood based
  which formed through fungi, bacteria, algae or
  marine animals.
• https//www.gminsights.com/industry-analysis/micro
  cystalline-cellulose-mcc-market

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• MCC is ideal for pharmaceuticals as it is taste
  odor less and also exhibits chemical inertness.
  Multifunctional excipients development and
  co-processed excipients is predicted to favor
  industry growth.
• high production cost accompanied by comparatively
  less yield may adversely affect the
  microcrystalline cellulose (MCC) market price
  trend.
• Food beverages is the second largest
  application segment, MCC is used as anticaking
  and bulking agent owing to its insolubility in
  water. Food beverages application includes
  desserts, dairy products, frozen food, and baked
  goods. Moreover, it also acts as a fat
  alternative, and also helps to enhance and
  maintain food consistency.
• Global food beverage market size was over USD
  15 trillion in 2015 change in consumer eating
  behavior due to hectic lifestyle are considering
  factors to witness growth in this application
  segment.
• Get more detail _at_ https//www.gminsights.com/indus
  try-analysis/microcystalline-cellulose-mcc-market
   

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360 Analysis

• Application Analysis
• Microcrystalline cellulose production was over 20
  kilo tons in 2015 and application includes food
  beverages, pharmaceuticals, paints coatings,
  and personal care industry. Pharmaceuticals led
  the application segment and accounted for over
  32 of the overall market share. MCC is widely
  used as a texturizer, emulsifier and as an
  extender in pharmaceuticals. The product is
  compatible with every dosage type such as
  pellets, capsules, sachets, and tablets.  
• Regional Analysis
• North America, influenced by the Canada and U.S.
  microcrystalline cellulose market size, dominated
  the regional industry demand and accounted for
  over 30 of the global market in 2015.  
• APAC microcrystalline cellulose (MCC) market
  share, driven by rise in geriatric population in
  China accompanied by food beverages industry
  expansion is projected to witness significant
  growth.
• Competitive Market Share
• Microcrystalline cellulose production is mainly
  focused in China and U.S. Benefits from economies
  of scale owing to less cost raw material
  availability, less stringent regulations, and
  presence of skilled labor are key influencing
  factors influencing industry manufacturers to
  shift their production base to Asia Pacific,
  mainly in China, India, Japan, and Vietnam. Other
  market participants include Blanver Farmoquimica,
  Libraw Pharma, Avantor Performance Materials,
  Accent Microcell Pvt Ltd., Mingtai Chemical,
  Sigachi Industries, and J. Rettenmaier Sohne
  Gmbh.

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