The global Microcrystalline Cellulose Market size is anticipated to reach USD 1,805.06 million by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. microcrystalline cellulose (MCC) is valued for its properties, such as being a versatile excipient in pharmaceuticals, a stabilizer & thickener in personal care & cosmetics, and an effective binder & filler in food & beverages. In addition, as the popularity of natural and sustainable ingredients grows, MCC derived from renewable resources like wood pulp is preferred over synthetic alternatives, further driving the market.
Microcrystalline
cellulose is typically produced through controlled hydrolysis of cellulose,
which can be sourced from various natural sources such as wood pulp, cotton, or
other plant fibers. The process involves treating cellulose with mineral acids
or enzymes to break down with cellulose fibers into crystalline particles.
Enzymatic hydrolysis, advanced processing, green solvents, and
nanotechnology are some of the technological advancements in the current market
scenario.
The
increasing usage of the product in the personal care & cosmetics sector is
one of the major driving factors for the consumption of MCC over the coming
years. MCC is utilized in the personal care & cosmetics industry in
products, such as toothpaste, skin cream, and makeup formulations as viscosity
modifiers, emulsion stabilizers, and texture enhancers. The expanding personal
care & cosmetics sector, driven by increasing consumer awareness of
skincare and grooming, contributes to the increasing application of the
product.
On
the other hand, fluctuations in the prices of raw materials such as cellulose
pulp can impact the production and prices of final microcrystalline cellulose.
Additionally, competition from other cellulose-based products or synthetic
alternatives may influence pricing dynamics, potentially restricting market
growth.
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summary: Microcrystalline Cellulose Market Report
Microcrystalline
Cellulose Market Report Highlights
- The
non-wood-based sources segment is anticipated to grow at the highest CAGR
over the forecasted period. Non-wood-based sources like agricultural
residue, such as corn stover, wheat straw, and rice husks, offer more
sustainable alternatives than wood-based sources, reducing pressure on
forests, and promoting circular economy principles.
- The liquid
MCC segment is expected to witness the highest CAGR over the coming years
on account of its properties, such as improved stability, viscosity
control, and suspension properties, making it more desirable for
formulations requiring these properties
- The food
& beverages industry is anticipated to witness the highest growth rate
over the next years, owing to the rising penetration of the product in
food & beverage production on account of its beneficial properties
- Asia Pacific
is expected to witness the fastest growth over the forecasted period owing
to rapid technological advancements, the presence of large pharmaceutical
and food & beverages industries, changing consumer preferences &
trends, and the presence of some of the key manufacturing companies
- In November
2023, International Flavors & Fragrances, Inc., and BASF Pharma
Solutions collaborated on the virtual pharma assistant platform ZoomLab.
In the first phase of the collaboration, IFF’s Avicel microcrystalline
cellulose and super disintegrant Ac-Di-Sol became available on the
platform
Microcrystalline
Cellulose Market Segmentation
Grand
View Research has segmented the global microcrystalline cellulose market on the
basis of source, form, application, and region:
Microcrystalline
Cellulose (MCC) Source Outlook (Volume, Kilotons; Revenue, USD Million,
2018 - 2030)
- Wood-based
- Non-wood-based
Microcrystalline
Cellulose (MCC) Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018
- 2030)
- Powdered
- Liquid
Microcrystalline
Cellulose (MCC) Application Outlook (Volume, Kilotons; Revenue, USD
Million, 2018 - 2030)
- Pharmaceutical
- Food &
Beverages
- Personal Care
& Cosmetics
- Paints &
Coatings
- Other
Applications
Microcrystalline
Cellulose (MCC) Regional Outlook (Volume, Kilotons; Revenue, USD Million,
2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Central &
South America
- Brazil
- Argentina
- Middle East &
Africa
- South Africa
- Saudi Arabia
About Us
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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