Microcrystalline Cellulose is non-toxic, renewable, biodegradable, and bio-compatibility and thus, used extensively in Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and other products. Microcrystalline Cellulose is used in processed food products as an emulsifier, texture modifier, stabilizer, fat substitute, anti-caking agent, and suspending agent. Wide applications of Microcrystalline Cellulose in various types of industries has become the major factor in target market growth.Microcrystalline Cellulose is widely used in pharmaceutical industries. Pharmaceutical industries holds largest share of 40.2%. Secondly food & beverage industries holds around 29.8% of share. Pharmaceutical industries has dominated the target market growth.Microcrystalline Cellulose Market was valued at US$ 1.3 billion in 2024 and is projected to grow at a CAGR of 7.1% to reach US$ 2.4 billion by 2034.

The report “Microcrystalline Cellulose Market, By Source Type (Wood-based and Non-Wood based), By Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In July 2021, DFE Pharma has expanded its co-processed portfolio with launch of new Pharmacel sMCC90 a silicified microcrystalline cellulose (MCC). Newly launched Pharmacel sMCC90 is developed as a synergistic solution for challenging oral solid dosage formulations. Pharmacel sMCC90 has become an ideal excipient which helps in improving compression of tablet and aid in higher production speed by enabling rapid formulation development.
• In January 2021, Asahi Kasei to build a second plant for Ceolus microcrystalline cellulose at its Mizushima Works in Kurashiki, Okayama, Japan. Ceolus has lineup of KG series which enhance compactibility of tablets. UF series combines flowability and compactibility. These products help in providing solution to wide range of issues in production of tablets for pharmaceuticals & supplements.

Analyst View:

The key factor driving the growth of the Microcrystalline Cellulose market is increasing demand for plant extracts from the pharmaceutical sector due to rising costs of conventional allopathic medicines and their associated side-effects. Another factor projected to assist the target market's expansion during the forecast period is rising demand for plant extracts as people become more aware of the health benefits connected with herbal medicines and herbal products. Furthermore, to suit consumer preferences, food and beverage firms have begun introducing natural ingredients into their goods. However, rising use of natural skin care products and rising demand of Microcrystalline Cellulose in food & beverage industries has given rise in target market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Microcrystalline Cellulose Market, By Source Type (Wood-based and Non-Wood based), By Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Microcrystalline Cellulose Market was valued at US$ 1.3 billion in 2024 and is projected to grow at a CAGR of 7.1% to reach US$ 2.4 billion by 2034. The Microcrystalline Cellulose Market is segmented based on Source Type, Application and Region.

• Based on Source Type, Microcrystalline Cellulose Market is segmented into Wood-based and Non-Wood based.
• Based on Application, Microcrystalline Cellulose Market is segmented into Food & Beverage, Pharmaceutical, Cosmetics & Personal Care, and others.
• By Region, the Microcrystalline Cellulose Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Microcrystalline Cellulose Market:

The prominent players operating in the Microcrystalline Cellulose Market includes, Asahi Kasei Corporation, Rayonier Advanced Materials, Huzhou City Linghu Xinwang Chemical Co. Ltd., Dupont, Foodchem International Corporation, Maple Biotech Pvt. Ltd., Quadra Chemicals, Avantor Inc., Chemfield Cellulose, Accent Microcell Pvt. Ltd., DFE Pharma, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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