Microcrystalline Cellulose Market Size By Grade Type (Powder MCC, Granular MCC), By End-User (Pharmaceutical Manufacturers, Food & Beverage Industry, Paper & Pulp Industry), By Functions (Binder, Disintegrant, Texturizer & Stabilizer, Coating Agent), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Microcrystalline Cellulose Market Size By Grade Type (Powder MCC, Granular MCC), By End-User (Pharmaceutical Manufacturers, Food & Beverage Industry, Paper & Pulp Industry), By Functions (Binder, Disintegrant, Texturizer & Stabilizer, Coating Agent), By Geographic Scope And Forecast
Microcrystalline Cellulose Market Size And Forecast
Microcrystalline Cellulose Market size was valued at USD 1.38 Billion in 2024 and is projected to reach USD 2.46 Billion by 2031, growing at a CAGR of 8.24% from 2024 to 2031.
- Microcrystalline cellulose (MCC), often known as powdered cellulose, is a white, odorless, and tasteless substance made from wood pulp or cotton linters. It is a kind of cellulose, a naturally occurring carbohydrate present in plant cell walls. MCC goes through a purification procedure to remove contaminants including lignin and hemicellulose, yielding a very pure cellulose product with uniform characteristics.
- MCC occurs as small, elongated crystals, making it an adaptable functional component with distinct texturizing, stabilizing, and binding capabilities. These qualities have been used in a variety of industries, most notably pharmaceuticals, food and beverage, and paper and pulp.
- MCC is a common excipient in the pharmaceutical business, which is a material added to a medication in addition to the active ingredients. MCC’s functionality here is multifarious. It functions as a binder, keeping the various components of a tablet or capsule together. It also serves as a disintegrant, allowing the tablet to break up easily in the digestive system for appropriate medication release and absorption. MCC can also be used as a diluent or bulking agent, which adds volume to treatment when the active component concentration is low.
- MCC’s texturizing and stabilizing characteristics find application in the food and beverage industries. It acts as a thickening, giving body and viscosity to a variety of culinary products such as sauces, dressings, and toppings. MCC’s capacity to absorb water and oil makes it an effective fat replacement in low-fat recipes. Furthermore, it functions as a stabilizer, preventing component separation and increasing product shelf life.
Microcrystalline Cellulose Market Dynamics
The key market dynamics that are shaping the microcrystalline cellulose market include
Key Market Drivers
- Thriving Pharmaceutical sector The pharmaceutical sector is a major driver of the microcrystalline cellulose market. MCC’s versatility as an excipient makes it an important element in many medication compositions. Its binding characteristics keep tablets and capsules together, while its disintegrant activity promotes optimal medication release in the digestive system. Furthermore, MCC is used as a diluent for drugs with low active component levels. The expected expansion of the global pharmaceutical sector, notably in generic medication manufacture and sustained-release formulations, would increase MCC demand.
- Shifting Consumer Preferences in Food and Beverage The increased consumer preference for processed foods with certain characteristics is driving the MCC market. MCC’s texturizing and stabilizing characteristics are particularly desirable in this industry. It acts as a thickening, increasing the body and viscosity of sauces, dressings, and fillings. MCC’s capacity to absorb water and oil makes it an excellent fat substitute in low-fat recipes, appealing to the growing health-conscious customer base. MCC also functions as a stabilizer, preventing ingredient separation and improving food product shelf life, which is important for both manufacturers and customers.
- Rising Demand for Natural Components The growing emphasis on natural and clean-label components in a variety of applications has a beneficial impact on the MCC industry. MCC, generated from purified wood pulp or cotton liners, is consistent with this trend. Consumers are becoming more aware of the chemicals in the items they consume and use, and MCC provides a natural alternative to synthetic additives. This shift in customer preferences is projected to boost the MCC market in a variety of industries.
- Expansion in Asia Pacific The Asia Pacific region is expected to be MCC’s fastest-growing market. This expansion is driven by several causes, including rising disposable income, a growing middle class, and more urbanization. These causes contribute to an increase in demand for processed foods and medications, which boosts consumption of MCCs. Furthermore, increased awareness of the benefits of MCC in a variety of applications is projected to drive market growth in this area.
- Technological Advancements in MCC Production Technological advances in MCC production are helping to drive market expansion. These innovations are aimed at increasing the efficiency of the purifying process, resulting in a more consistent and high-quality MCC product. Furthermore, research is underway to find new uses for MCC, hence boosting its commercial potential.
- Growing Focus on Functionality in Cosmetics The increasing demand for functional cosmetics with unique benefits is opening up new prospects for MCC in the cosmetics sector. MCC’s capacity to act as a thickening, stabilizing, and bulking agent makes it an important ingredient in many cosmetic formulations. It can be used to improve the texture and stability of creams and lotions, as well as the wearability and application of makeup products.
- Sustainability Concerns and Biodegradable Nature Sustainability is an increasing concern in a variety of businesses, and MCC is consistent with this trend. MCC is a natural, biodegradable substance made from renewable materials. This eco-friendliness distinguishes MCC from synthetic alternatives, which may influence purchase decisions in businesses that value sustainability. As environmental consciousness grows, the biodegradability of MCC is projected to fuel market expansion.
Key Challenges
- Cost-Effective Production Techniques While MCC has several advantages, its manufacturing process can be somewhat costly. Traditional procedures need many steps, such as drying, bleaching, washing, and acid hydrolysis, which raises the entire cost. Developing cost-effective production methods, particularly for non-wood MCC sources, is critical for increasing market access and acceptance.
- Substitute Availability The presence of replacements can limit MCC market expansion. Although MCC provides unique functionality, certain applications may discover alternatives that meet their special requirements. Some food and beverage applications include the usage of carboxymethyl cellulose (CMC), croscarmellose sodium, and kappa-carrageenan. The emergence of new and improved substitutes may reduce MCC’s market share in certain sectors.
- Stringent Regulatory Requirements The pharmaceutical business, a major consumer of MCC, follows tight regulatory restrictions. MCC producers must adhere to severe quality and safety rules established by organizations such as the United States Food and Drug Administration (FDA) and the European Medicines Agency (EMA). Meeting these tight regulations can be difficult and costly, potentially impeding market access for new firms.
- Fluctuations in Raw Material Prices MCC production is dependent on raw resources such as wood pulp or cotton linter. Price fluctuations for these basic materials can have a considerable impact on the entire cost of MCC production. Manufacturers must properly manage their supply chains and reduce the risks associated with unpredictable raw material prices.
- Consumer Awareness While MCC’s industrial applications are well-established, consumer awareness is still very low. Increased consumer education about MCC’s benefits and natural origins has the potential to increase its commercial reach beyond its existing industrial usage.
Key Trends
- Exploration of Non-Wood-Based Sources Traditionally, MCC has been made from wood pulp. However, one important development is the investigation of other, non-wood-based sources for MCC manufacture. This transition is being driven by reasons such as increased awareness about deforestation and a desire for more sustainable methods. Cotton stalks, bagasse (sugarcane residue), and citrus peels are among the agricultural waste items being explored as potential MCC sources. The successful development of cost-effective extraction technologies from these alternate sources could expand the MCC market and meet the growing demand for sustainable ingredients.
- Focus on Functionality in Food Applications The food and beverage sector is seeing a growing interest in functional foods that provide specific health benefits. MCC’s capacity to function as a fat replacer, thickener, and stabilizer is well aligned with this trend. Furthermore, MCC’s ability to extend shelf life and retain product texture is critical for producers looking to prevent food waste. The market is projected to see increased innovation in the use of MCC to generate healthier and more functional food products.
- Growing Demand for Excipients in Emerging Markets The pharmaceutical sector in developing countries such as the Asia-Pacific region is expanding rapidly. This growth coincides with an increase in demand for high-quality excipients such as MCC. The rising emphasis on generic medicine manufacture and sustained-release formulations in these regions will drive up demand for MCC as a dependable and adaptable pharmaceutical ingredient.
- Development of Novel MCC Applications Research and development activities are underway to investigate potential applications for MCC beyond its current uses. MCC is being investigated for use in personal care products as a thickening and stabilizing agent, as a binder in construction materials, and even in biomedical applications such as drug administration systems. The successful development of such unique applications has the potential to greatly increase MCC’s market reach.
- Emphasis on Sustainability Throughout the Supply Chain The emphasis is on sustainability across the supply chain. Sustainability is becoming increasingly important in several industries, including the MCC market. Manufacturers are concentrating on establishing sustainable practices throughout the supply chain, from raw material procurement to manufacturing processes. This includes investigating energy-efficient production methods, reducing waste output, and implementing environmentally friendly packaging options. The emphasis on sustainability is projected to be a defining trend that shapes the future of the MCC industry.
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Global Microcrystalline Cellulose Market Regional Analysis
Here is a more detailed regional analysis of the microcrystalline cellulose market
North America
- North America is currently the established leader in the global MCC market, holding a significant share of the market.
- The presence of leading pharmaceutical companies and extensive research & development activities drive the demand for high-quality excipients like MCC for various drug formulations.
- North America houses major food and beverage companies that utilize MCC for its functional properties like thickening, texturizing, and fat replacement in processed foods.
- Stringent regulations by the US Food and Drug Administration (FDA) necessitate the use of high-grade and reliable MCC in pharmaceutical and food applications, fostering a market for domestic MCC production.
Asia Pacific
- The Asia Pacific region is poised to be the fastest-growing market for MCC.
- Expanding economies and rising disposable income across countries like China, India, and Japan are fueling the growth of pharmaceutical, food, and consumer goods industries, all of which utilize MCC.
- These countries are emerging as global manufacturing hubs for pharmaceuticals and food products, creating a strong demand for functional ingredients like MCC.
- Lower costs for raw materials and labor in Asia Pacific make MCC production more cost-competitive, potentially attracting new entrants and investments in the market.
- Rising domestic consumption of processed food and pharmaceuticals in this region is a significant growth driver for the MCC market.
Europe
- Europe holds a steady share in the MCC market, characterized by
- A well-developed and regulated pharmaceutical sector in Europe creates a stable demand for MCC as a pharmaceutical excipient.
- European manufacturers prioritize high-quality MCC and are actively involved in research & development to explore new applications for MCC.
- Strict regulations similar to North America ensure the use of safe and high-grade MCC in various applications.
Microcrystalline Cellulose Market Segmentation Analysis
The Global Microcrystalline Cellulose Market is segmented based on Nature, End-User, Functions, and Geography.
Microcrystalline Cellulose Market, By Nature
- Powder MCC
- Granular MCC
Based on Nature, the market is bifurcated into Powder MCC and Granular MCC. According to analysts, Powder MCC is likely to lead the market throughout the projection period. Because of its versatility, it is widely used in industries like medicines, food and beverage, and paper, contributing to its domination. Furthermore, Powder MCC has proven production procedures, making it a conveniently available and cost-effective choice. Granular MCC has excellent flow qualities for specialized applications such as tableting in nutraceuticals, but its manufacturing procedures can be more difficult. However, developments in Granular MCC production processes may challenge Powder MCC’s dominance in the future.
Microcrystalline Cellulose Market, By End-User
- Pharmaceutical Manufacturers
- Food & Beverage Industry
- Paper & Pulp Industry
Based on the end-user, the market is bifurcated into Pharmaceutical Manufacturers, Food & Beverage Industry, and the Paper & Pulp Industry. According to analysis, the pharmaceutical industry is expected to dominate the MCC market between 2024 and 2031. MCC is an important element since it can operate as a binder, disintegrant, and diluent in a variety of medication formulations. The expected development of the global pharmaceutical business, notably in generic medications and sustained-release formulations, would directly correlate with an increase in MCC demand. While MCC is used for texturizing, stabilizing, and strengthening in the food and beverage and paper and pulp sectors, its wide range of uses in medicines cements its position as the leading end user.
Microcrystalline Cellulose Market, By Functions
- Binder
- Disintegrant
- Texturizer & Stabilizer
- Coating Agent
Based on the functions, the market is bifurcated into Binder, Disintegrant, Texturizer & Stabilizer, and Coating Agent. According to analysis, Binder is predicted to have the largest share during the forecasted period. MCC’s capacity to bind various components in a tablet or capsule formulation makes it an essential component in the pharmaceutical business. This binding activity is critical for maintaining the integrity and stability of pharmaceutical formulations. While disintegrants, texturizers stabilizers, and coating agents all play key roles in a variety of applications, MCC’s broad use as a binder in pharmaceuticals is likely to cement its leading position in the MCC market based on function.
Microcrystalline Cellulose Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Based on regional analysis, the market is classified into North America, Europe, Asia Pacific, and Middle East & Africa. While North America presently dominates the MCC market, Asia Pacific is predicted to witness the fastest growth throughout the 2024-2031 projection period. North America’s established pharmaceutical and food industries, together with strict quality standards, contribute to its current dominance. However, the Asia Pacific region’s growing economy and rising disposable wealth are driving an increase in demand for processed foods and pharmaceuticals, both of which rely significantly on MCC. Furthermore, the cost advantage in MCC manufacture in Asia Pacific drives market growth. This confluence of circumstances prepares Asia Pacific to become a significant contender to North America’s supremacy in the MCC industry in the coming years.
Key Players
The “Microcrystalline Cellulose Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are DowDuPont (DuPont Nutrition & Biosciences), Asahi Kasei Corporation, JRS Pharma, Roquette Frères, Chemfield Cellulose, Accent Microcell, Sigachi Industries Limited, DFE Pharma GmbH, Avantor, Inc., Quadra Chemicals, and FMC Corporation (Health & Nutrition Business).
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 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.
Microcrystalline Cellulose Market Recent Developments
- In July 2021, DFE Pharma, a leading manufacturer of pharmaceutical excipients, launched Pharmacel MCC 90, silicified microcrystalline cellulose. This new product broadens their product portfolio and caters to specific needs in the pharmaceutical industry.
- In November 2022, DFE Pharma announced a partnership with Azelis, a service provider in the specialty chemicals and food ingredients industry. This collaboration focuses on the distribution of DFE Pharma’s products in the Europe, Middle East, and Africa (EMEA) region, aiming to strengthen their market reach.
- In April 2023, FMC Corporation announced the expansion of its Avicel® microcrystalline cellulose (MCC) production facility in Blankenberge, Belgium. This expansion aims to meet the growing global demand for MCC in various industries, particularly pharmaceuticals.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | DowDuPont (DuPont Nutrition & Biosciences), Asahi Kasei Corporation, JRS Pharma, Roquette Frères, Chemfield Cellulose, Accent Microcell, Sigachi Industries Limited, DFE Pharma GmbH, Avantor, Inc., Quadra Chemicals, and FMC Corporation (Health & Nutrition Business). |
SEGMENTS COVERED | By Nature, By End-User, By Functions, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |