Microcrystalline Cellulose Market Size And Forecast
The Global Microcrystalline Cellulose Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Microcrystalline Cellulose Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Microcrystalline Cellulose Market was valued at USD 0.94 Billion in 2019 and is projected to reach USD 1.76 Billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.

What is Microcrystalline Cellulose?
Microcrystalline cellulose (MCC) is refined wood pulp used as an anti-caking agent, an extender, texturizer, a fat substitute, an emulsifier and as a bulking agent in food and pharmaceutical products. Mostly, microcrystalline cellulose is used in case of vitamin supplements or tablets and in plaques assay for testing viruses. Also, MCC is used in cosmetics as viscosity modifier, absorbent, stabilizer. MCC is synthesized from alpha-cellulose precursor.

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Global Microcrystalline Cellulose Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Rise in demand for processed food and developments in pharmaceutical industry in cosmetics and personal hygiene products are fueling the market growth of microcrystalline cellulose. Furthermore, rise in awareness of carbon footprint and deforestation have stimulated non-wood based fibers as a raw material hence increase in demand of MCC has also increased. Going forward, growth in obese population, increase in consumption of junk food and high risk associated with cardiovascular diseases promoting demand for low fat food and products driving the market growth of microcrystalline cellulose. Stiff competition from substituents products like guar gum, xanthan gum, pectin and carboxymethylcellulose is major challenge faced by MCC market. Also, high prices of microcrystalline cellulose retarding the growth of market. Conversely, increase in demand from pharmaceutical industry would provide huge opportunity for microcrystalline market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Microcrystalline Cellulose Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Microcrystalline Cellulose Market Competitive Landscape
The “Global Microcrystalline Cellulose Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as FMC Corporation, Sigachi Industrial Pvt. Ltd., J. Rettenmaier & Sohne GmbH + Co. KG, Accent Microcell Pvt. Ltd., Juku Orchem Pvt. Ltd., and Asahi Kasei Corporation. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Microcrystalline Cellulose Market, By Type
• Wood-based
• Non-wood-based

Microcrystalline Cellulose Market, By Application
• Pharmaceutical
• Food & Beverage
• Cosmetics & Personal Care
• Others

Microcrystalline Cellulose Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
o Middle-East-and-Africa
o Latin America
• Rest of the World
o Middle-East-and-Africa
o Latin America

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