Microcrystalline Cellulose Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global microcrystalline cellulose (MCC) market, providing insights into key market dynamics, growth drivers, challenges, and emerging trends. This report offers valuable data and statistics forecasting the market's growth trajectory from 2023 to 2030.

The global microcrystalline cellulose market is forecast to expand at a CAGR of 6.6% and thereby increase from a value of US$989.7 Mn in 2023, to US$1,548.1 Mn by the end of 2030.

Key Insights:

Microcrystalline Cellulose Market Size (2023E): US$989.7 Million

Projected Market Value (2030F): US$1,548.1 Million

Global Market Growth Rate (CAGR 2023 to 2030): 6.6%

Historical Market Growth Rate (CAGR 2018 to 2022): 5.2%

Microcrystalline Cellulose Market - Report Scope:

Microcrystalline cellulose (MCC) serves as a versatile excipient in the food, pharmaceutical, and cosmetic industries. Derived from natural cellulose sources like wood pulp or cotton, MCC boasts odorless, white properties and exceptional functionalities in binding, disintegration, and flow. Its widespread use includes stabilizing tablets in pharmaceuticals, acting as an anti-caking agent in food products, and enhancing formulations in cosmetics.

The global microcrystalline cellulose market is propelled by the expansion of pharmaceutical and food sectors, increasing demand for excipients, and the surge in generic drug production. Pharmaceutical companies, in particular, rely on MCC to ensure uniform drug distribution, driving its demand as an essential ingredient for tablet manufacturing.

Market Growth Drivers:

MCC plays a pivotal role in the pharmaceutical sector due to its versatile functionalities. As a binder, it ensures uniform tablet weight and distribution, while acting as a disintegrant facilitates efficient breakdown during ingestion, improving drug dissolution and absorption. Additionally, MCC serves as a filler, enhancing stability and bulk in formulations. Its inert nature makes it compatible with various active pharmaceutical ingredients, aligning with the pharmaceutical sector's focus on patient-centric formulations, including controlled-release systems and orally disintegrating tablets.

The increasing prevalence of generic medications further drives the demand for MCC, as it enables cost-effective formulations with required compression characteristics and uniform dispersion of active ingredients. Regulatory support for generic drugs to improve healthcare accessibility and affordability reinforces the market growth for MCC. Moreover, population growth and rising healthcare needs contribute to the sustained demand for pharmaceuticals, further fueling the demand for MCC.

Market Restraints:

The global microcrystalline cellulose (MCC) industry faces challenges including rising raw material costs and supply chain disruptions due to factors like climate change and geopolitical influences. Manufacturers must navigate these obstacles to ensure continued expansion and stability. Additionally, the market contends with the emergence of substitute materials and technological advancements, necessitating innovation and differentiation to maintain competitiveness.

Market Opportunities:

The increasing demand for sustainable and plant-based products offers a promising opportunity for the global microcrystalline cellulose (MCC) market. MCC, derived from organic cellulose sources, aligns with the growing trend towards environmentally friendly materials. Consumer preferences, regulatory pressures, and corporate sustainability initiatives are driving the demand for eco-friendly alternatives across industries like pharmaceuticals, food, and cosmetics. Manufacturers can capitalize on this trend by marketing MCC as an environmentally responsible option, meeting consumer demands and regulatory standards. This shift towards sustainability encourages innovation in MCC production, promoting research into alternative cellulose sources and improving manufacturing efficiency. By prioritizing environmental responsibility, MCC manufacturers can gain a competitive edge and foster partnerships with organizations committed to sustainability, creating mutually beneficial opportunities while addressing consumer preferences and environmental concerns.

Key Questions Answered in the Report:

What are the key growth drivers and challenges in the microcrystalline cellulose market?
How are technological advancements reshaping the competitive landscape of the microcrystalline cellulose market?
Who are the key players driving innovation and market expansion in the microcrystalline cellulose segment?
What are the emerging trends and future prospects in the global microcrystalline cellulose market?

Competitive Intelligence and Business Strategy:

Key players like DuPont de Nemours, Inc., Asahi Kasei Corporation, DFE Pharma, J. RETTENMAIER & SOHNE GmbH + Co KG, and Accent Microcell Pvt. Ltd. dominate the global Microcrystalline Cellulose (MCC) market. These industry leaders drive innovation and cater to diverse sector needs. MCC finds significant application in countries like the United States, China, India, and Germany, particularly in pharmaceutical and food industries. The US pharmaceutical sector extensively uses MCC in drug formulations, while China's pharmaceutical and food sectors play a pivotal role in driving MCC market growth.

Key Companies Profiled:
DuPont de Nemours, Inc
Asahi Kasei Corporation
DFE Pharma

J. RETTENMAIER & SOHNE GmbH + Co KG

Accent Microcell Pvt. Ltd.

Foodchem International Corporation

Mingtai Chemical Co., Ltd
Sigachi Industries Pvt. Ltd.
Chemfield Cellulose
NB Entrepreneur

Microcrystalline Cellulose Market Research Segmentation:

The microcrystalline cellulose market encompasses a diverse range of applications tailored to specific industries and end-user requirements. Market segmentation includes variations in application and region.

By Material:
Wood-based
Non-wood based
By Application:
Food and beverages
Pharmaceuticals
Cosmetics and personal care
Paints and coatings
Others
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33655

1. Executive Summary

1.1. Global Microcrystalline Cellulose Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Material Lifecycle Analysis
2.4. Microcrystalline Cellulose Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Microcrystalline Cellulose Market Outlook: Material
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Material, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
  - 3.3.3.1. Wood based
  - 3.3.3.2. Non-wood based
3.4. Market Attractiveness Analysis: Material
3.5. Global Microcrystalline Cellulose Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.5.3.1. Food and beverages
  - 3.5.3.2. Pharmaceuticals
  - 3.5.3.3. Cosmetics and personal care
  - 3.5.3.4. Paints and coatings
  - 3.5.3.5. Others
3.6. Market Attractiveness Analysis: Application

4. Global Microcrystalline Cellulose Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Material
- 5.3.3. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 5.5.1. Wood based
- 5.5.2. Non-wood based
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.6.1. Food and beverages
- 5.6.2. Pharmaceuticals
- 5.6.3. Cosmetics and personal care
- 5.6.4. Paints and coatings
- 5.6.5. Others
5.7. Market Attractiveness Analysis

6. Europe Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Material
- 6.3.3. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 6.5.1. Wood based
- 6.5.2. Non-wood based
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.6.1. Food and beverages
- 6.6.2. Pharmaceuticals
- 6.6.3. Cosmetics and personal care
- 6.6.4. Paints and coatings
- 6.6.5. Others
6.7. Market Attractiveness Analysis

7. East Asia Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Material
- 7.3.3. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 7.5.1. Wood based
- 7.5.2. Non-wood based
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.6.1. Food and beverages
- 7.6.2. Pharmaceuticals
- 7.6.3. Cosmetics and personal care
- 7.6.4. Paints and coatings
- 7.6.5. Others
7.7. Market Attractiveness Analysis

8. South Asia & Oceania Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Material
- 8.3.3. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 8.5.1. Wood based
- 8.5.2. Non-wood based
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.6.1. Food and beverages
- 8.6.2. Pharmaceuticals
- 8.6.3. Cosmetics and personal care
- 8.6.4. Paints and coatings
- 8.6.5. Others
8.7. Market Attractiveness Analysis

9. Latin America Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Material
- 9.3.3. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 9.5.1. Wood based
- 9.5.2. Non-wood based
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.6.1. Food and beverages
- 9.6.2. Pharmaceuticals
- 9.6.3. Cosmetics and personal care
- 9.6.4. Paints and coatings
- 9.6.5. Others
9.7. Market Attractiveness Analysis

10. Middle East & Africa Microcrystalline Cellulose Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Material
- 10.3.3. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Material, 2023 - 2030
- 10.5.1. Wood based
- 10.5.2. Non-wood based
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.6.1. Food and beverages
- 10.6.2. Pharmaceuticals
- 10.6.3. Cosmetics and personal care
- 10.6.4. Paints and coatings
- 10.6.5. Others
10.7. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. DuPont de Nemours, Inc
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Asahi Kasei Corporation
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. DFE Pharma
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. J. RETTENMAIER & SOHNE GmbH + Co KG
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Accent Microcell Pvt. Ltd.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Foodchem International Corporation
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Mingtai Chemical Co., Ltd
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Sigachi Industries Pvt. Ltd.
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Chemfield Cellulose
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. NB Entrepreneur
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations