Microcrystalline cellulose (MCC) is an odorless, tasteless, porous white powder derived from pharmaceutical grade wood pulp. With a wide range of chemical, technical, and economic benefits, MCC is one of the most widely used binder excipients for tablet formulations.
MCC is one of the most widely used binder or filler excipient for tablet formulations. Moreover, this product offers high compatibility, Robust tablets with low friability, High production yields, cost savings due to reduction in dosage levels, Compatibility with most APIs.
Currently, the cost of developing a successful medicine can exceed due to various technical, regulatory, and economic challenges due to higher R&D expenses. Therefore, high production yield, cost saving features of MCC, followed by growing pharmaceutical tablets production, and robust growth in the food & beverages, cosmetics & personal care industries will together drive the market growth.
By application, the microcrystalline cellulose market is segmented into food & beverages, pharmaceutical, cosmetics & personal care. Pharmaceutical is expected to grow with high CAGR rate in the forecast period.
In food and beverages, MCC serves as a stabilizer, emulsifier and thickener. Being neutral in colour, odorless and chemically inert in nature, it will not interfere or interact with the ingredients added to the formulation of the food. Microcrystalline Cellulose is the most abundant, economical and non-harmful food ingredient that can help to reduce calories & fat.
MCC in food and beverages domain finds application in bakery products, cheese, Ice cream, chocolate drink, sauces, salad dressing, juices, yoghurt, slimming drinks, spices and flavors.
With increasing organic food consumption, increase in demand for food and beverages due to rapid urbanization, positive economic growth outlook in many developed and developing countries, rising disposable income the scope and potential for the global food and beverages market is expected to rise in the forecast period significantly. This growth in turn will directly contributes to the growth of MCC.
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
Asia Pacific market is expected to grow with highCAgr during the forecast period 2019-2026.There are some large manufacturers in the world, and high-end products mainly from America and western European. J. Rettenmaier & Söhne GmbH is the leading MCC producer in Europe.
Currently, Europe was the largest MCC market, in terms of value, in 2018. The European region is segmented into Germany, France, the UK, Switzerland, Italy, and Spain, among others. The overall market growth of the European region is driven mainly by the increasing investments in drug development and the continuous efforts of pharmaceutical companies to offer superior-quality products.
Some of the major players include DowDuPont, Asahi Kasei Chemicals Corporation, Rayonier Advanced Materials, Roquette, DFE Pharma GmbH & Co.KG, J. Rettenmaier & Söhne GmbH, Chemfield Cellulose, Kerry Group plc, FMC Corporation, Mingtai Chemical Co. Ltd.
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