Global Microcrystalline Cellulose (MCC) Market to See High CAGR Growth of 7.5 % by 2026

Market Definition: Global Microcrystalline Cellulose (MCC) Market

Global microcrystalline cellulose is mostly depolymerized cellulose in unadulterated form, which is combined from - cellulose precursor. There are a several ways to synthesize microcrystalline cellulose, for example, receptive expulsion, acid hydrolysis, steam blast and others. Microcrystalline cellulose has huge scale applications in the pharmaceutical, paints, coating, food and beverages and individual consideration ventures. In the food and beverages industry, microcrystalline cellulose is added to the handled nourishment to make a velvety and smooth mouth feel. This is generally used to plan low-fat dairy items, for example, solidified yogurt, whipped cream, and dessert. In the pharmaceutical business, it is utilized as fillers, breaking down operators, anti-sticky agent, adsorbents, and capsules diluents.

Market Drivers:

• Increase in consumption of processed foods can drives the MCC Market
• Increasing pharmaceutical industry can fuel the market growth of MCC
• Rising health awareness across the world can boosts the market growth
• Rise in disposable income of population can enhance the market growth

Market Restraints:

• Volatility in raw material prices can hampers the market growth
• Availability of substitute products can resist the market of MCC

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Segmentation: Global Microcrystalline Cellulose (MCC) Market

By Type

• Wood
• Non Wood

By Application

• Food & Beverages
• Pharmaceutical
• Personal Care
• Paints & Coatings
• Others

Market Analysis: Global Microcrystalline Cellulose (MCC) Market

Global microcrystalline cellulose (MCC) market is set to witness a substantial CAGR of 7.5% in the forecast period of 2019-2026. The high growth of this market is due to the growth in consumption of processed foods across the globe.

Key Market Competitors:

Few of the major competitors currently working in the global microcrystalline cellulose (MCC) market are DuPont de Nemours, Inc., DOW, Rayonier Advanced Materials., FMC Corporation, Asahi Kasei Corporation, Roquette Frères, DFE Pharma, Accent Microcell Pvt. Ltd., JRS PHARMA, Sigachi Industries Pvt. Ltd., Ming Tai Chemical Co. Ltd, Scope Ingredients Pvt. Ltd., Chinainfo.org, Pfanstiehl, Inc., Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd, TAITRA, Accent Microcell Pvt. Ltd., Blanver among others.

Competitive Analysis:

Global microcrystalline cellulose (MCC) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of microcrystalline cellulose (MCC) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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