Microcrystalline Cellulose Market Research Report: Information by Source (Wood Based & Non-wood Based), by End-Use Industry (Pharmaceuticals, Food & Beverages, Cosmetic & Personal Care, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) - Forecast till 2030

Microcrystalline Cellulose Market Overview

Microcrystalline Cellulose Market is anticipated to register a CAGR of 6.78% to reach USD 1,204.7 Million by the end of 2027.

Microcrystalline cellulose (MCC) is a refined wood pulp used as an anti-caking agent, an emulsifier, a fat substitute, a texturizer, an extender and a bulking agent. It is commonly used in the form of tablets or supplements. It is produced by controlled hydrolysis of highly purified alpha-cellulose, obtained from naturally occurring wood cellulose with mineral acids.

Microcrystalline Cellulose Market is anticipated to register a significant growth rate during the review period. Growing demand for MCC as pharmaceutical excipients is driving the growth of this market. Furthermore, the growing food & beverage industry, changing consumer lifestyles, rising per capita disposable income, and increasing purchasing power of the people are fueling the growth of the Microcrystalline Cellulose Market.

Microcrystalline cellulose is also used in personal care and cosmetic products, creating lucrative opportunities for market players. However, the availability of microcrystalline cellulose substitutes is expected to restrain the growth of this Microcrystalline Cellulose Market.

Microcrystalline Cellulose Market Revenue, By Application, 2019 (USD Million):

Sources: MRFR Analysis

Segmentation

Microcrystalline Cellulose Market has been segmented based on Source, End-Use Industry, and Region.

Microcrystalline Cellulose Market has been categorized based on source into wood-based and non-wood based. Among these, the wood-based source segment accounted for more than 50% of the global market share in 2019. This polymer is widely used as a non-stick coating for pans and cookware, insulation of wiring in aerospace and electrical industries, medical appliances, and automotive and industrial products. 

Based on the End-Use Industry, the Microcrystalline Cellulose Market has been segmented into pharmaceutical, food & beverages, cosmetics & personal care, and others. In terms of value, the pharmaceutical segment dominated the global market with more than 40% market share in 2019 in terms of value and is anticipated to register a healthy CAGR of 7.36%. This is attributed to rising healthcare spending and an increase in cardiovascular disease among people. The food & beverage segment is expected to hold a significant market share in the Microcrystalline Cellulose Market.

Microcrystalline Cellulose Market Share, By Region, 2019 (%):

Sources: MRFR Analysis

Regional Analysis

Microcrystalline Cellulose Market has been studied across five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific held the largest market share of more than 40% market share in 2019, with a market value of approximately USD 587.3 million and is expected to grow at a faster pace during the study period. The market growth can be attributed to the growing urbanization and increasing industrialization in the emerging economies of Asia-Pacific, especially in China, Japan, and South East Asian nations.

In 2019, North America held the second-largest Microcrystalline Cellulose Market Share. This is driven by the presence of established players in the region, with the US being the largest market. Growing demand for microcrystalline cellulose for pharmaceutical and food applications is propelling the market growth in Europe. For instance, according to International Trade Administration (ITA), in 2017, the pharmaceutical industry manufactured products in Germany were valued at USD 37.40 billion, with an increase of about 4.7% compared to the previous year. The pharmaceutical market is also expected to reach a value of USD 82.26 billion by 2021, as per the same source.   

Key Players

Key players operating in the Microcrystalline Cellulose Market are 

• DuPont,


• Asahi Kasei Corporation,


• JRS Pharma,


• Roquette Frères,


• Mingtai Chemical Co., Ltd.,


• Accent Microcell Pvt. Ltd.,


• JRS Pharma,


• Pharmatrans-Sanaq AG,


• DFE Pharma,


• Weiming Pharmaceutical MFG. Co., Ltd


• Sigachi Industries Pvt. Ltd.

The Microcrystalline Cellulose Market is highly competitive, with all the players competing to gain maximum market share. Various key players in the market are engaged in R&D activities and technological advancements to enhance their global position and product portfolio. Furthermore, expansion in lucrative regional markets, government regulations, and healthy growth of the pharmaceutical and food processing industry are the key factors that hamper the global market growth.

Recent Development News

•March 2021 - Aloisia Beauty unveils its latest cosmetic product, GLOW Exfoliating Soft Peel, the newest addition to its clean K-Beauty skin care. It is a gel-based multi-action peel that effectively exfoliates all the dead skin cells, clears pores, smooths skin texture, and also locks-in skin’s moisture to reveal fresh, soft, and glowing skin. Its formulation contains plant-based Microcrystalline Cellulose along with dual mechanical and chemical exfoliating properties of Papaya Fruit enzymes.

•July 2021 - DFE Pharma, a reputed developer of pharmaceutical excipient solutions, introduces Pharmacel sMCC 90, which is a silicified microcrystalline cellulose. Pharmacel sMCC 90 is an advanced synergistic solution that challenge oral solid dosage formulations. The brand claims integrating that microcrystalline cellulose with silicon dioxide leads to higher surface area, facilitating better powder flow, and superior tabletability, which ultimately provides formulation improvement. Pharmacel sMCC 90 is the perfect excipient that helps elevate tablet compression while assisting in better production speed, thereby facilitating rapid development of the formulation.

Market Segmentation

Global Microcrystalline Cellulose Market, By Type

• Wood-Based


• Non-Wood Based

Global Microcrystalline Cellulose Market, By End-use Industry

• Pharmaceutical


• Food & Beverages


• Cosmetics & Personal Care


• Others

Global Microcrystalline Cellulose Market, By Region

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • France
  
  
  • Belgium
  
  
  • Germany
  
  
  • Spain
  
  
  • Italy
  
  
  • UK
  
  
  • Poland
  
  
  • Netherlands
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia & New Zealand
  
  
  • Indonesia
  
  
  • South Korea
  
  
  • Thailand
  
  
  • Vietnam
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Latin America
  
  
  
  • Mexico
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America
  
  
  
  


• Middle East & Africa
  
  
  
  • Turkey
  
  
  • Egypt
  
  
  • GCC
  
  
  • Israel
  
  
  • Rest of Middle East
  
  
  
  

Available Additional Customizations

• Customer Analysis of Major Consumers


• Additional Company Profiles

Intended Audience

• Microcrystalline Cellulose Manufacturers


• Suppliers and Traders of Microcrystalline Cellulose and Related Products


• Government, Associations, and Industrial Associations


• Investors and Trade Experts


• Consulting in Chemical Experts

Report Scope:

Report Attribute/Metric	Details
Market Size	2030 : USD 1,204.7 Million 2030: Significant Value
CAGR	6.78%(2022-2030)
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Source, End-Use Industry and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	DuPont, Asahi Kasei Corporation, JRS Pharma, Roquette Frères, Mingtai Chemical Co., Ltd., Accent Microcell Pvt. Ltd., JRS Pharma, Pharmatrans-Sanaq AG, DFE Pharma, Weiming Pharmaceutical MFG. Co., Ltd, and Sigachi Industries Pvt. Ltd.
Key Market Opportunities	Microcrystalline cellulose is also used in personal care and cosmetic products, creating lucrative opportunitie
Key Market Drivers	Growing demand for MCC as pharmaceutical excipients is driving the growth of this market.

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