DUBLIN, June 19, 2023 /PRNewswire/ — The “Microcrystalline Cellulose (MCC): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Microcrystalline Cellulose (MCC) estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$2.1 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.
Wood, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$1.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Non-Wood segment is readjusted to a revised 9.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $290.3 Million, While China is Forecast to Grow at 11% CAGR
The Microcrystalline Cellulose (MCC) market in the U.S. is estimated at US$290.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$345 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.
Select Competitors (Total 39 Featured) –
- Accent Microcell Pvt. Ltd.
- Asahi Kasei Chemicals Corporation
- DFE Pharma GmbH & Co.KG
- DuPont de Nemours, Inc.
- Huzhou City Linghu Xinwang Chemical Co., Ltd.
- JRS PHARMA LP
- Libraw Pharma
- Mingtai Chemical Co. Ltd.
- Rayonier Advanced Materials Inc.
- Roquette
- Shandong Xinda Biotechnology Co., Ltd.
- Sigachi Industries Pvt. Ltd.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Impact Across Key Verticals
- COVID-19 Pandemic Brings Short- & Long-Term Changes in Pharmaceutical Industry
- Pharmaceutical-Grade MCC to Evade COVID-19 Impact
- Participants in Food Industry Step Up to Embrace New Trends & Consumer Behavior
- US Per Store Average Growth in Sales of Health Foods March-June 2020 (In %)
- COVID-19 Hits Beauty & Cosmetics Market
- Microcrystalline Cellulose (MCC) – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Microcrystalline Cellulose (MCC): A Prelude
- Applications of MCC
- Outlook
- Wood Dominates as the MCC Source
- Major Geographic Markets
- Market Restraints
- Competition
- Market Share of Leading Players in Global Microcrystalline cellulose (MCC) market: 2019
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- MCC Gains Traction in Pharmaceutical Applications
- Strong Rise in Pharmaceutical Manufacturing to Drive Demand for MCC
- World Prescription Drug Sales (in US$ Billion) for Year 2017, 2019, 2021, 2023 and 2025
- World Generic (Prescription ) Drug Sales in US$ Billion for Year 2017, 2019, 2021, 2023 and 2025
- World Orphan Drug (Prescription) Sales in US$ Billion for Year 2017, 2019, 2021, 2023 and 2025
- COVID-19 Raises the Demand for Supplements and Nutraceuticals, Driving the Demand for MCC
- Global Nutraceuticals Market in US$ Billion: 2011, 2019 and 2024
- Silicified Microcrystalline Cellulose: A Novel Tableting Excipient
- Rise in Consumption of Processed Food Drives Opportunities for MCC
- Lower Per Capita Consumption Offers Huge Market Potential in Developing Countries. Global Per Capita Consumption (Volume) of Bakery Products by Country: 2019
- Global Bakery Products Market in US$ Billion: 2011- 2024
- Growing Consumer Inclination Towards Low-Carb And No-Trans-Fats Foods Accelerates Growth Prospects
- Alarming Rise in Obesity: A Business Case for MCC
- Average Per Capita Annual Health Expenditure (In US$) due to Obesity
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Trend towards Natural Cosmetics Drives Demand for MCC
- Application of MCC in Cosmetics
- Global Cosmetic Products Market Value in US$ Billion for the Years 2019, 2021, 2023 and 2025
- Emerging and Advanced Applications of MCC Drive Opportunities
- Production Technology Improvements Bode Well for Market Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/d3huku
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SOURCE Research and Markets
