Global Microcrystalline Cellulose (MCC) Market Booming to Touch USD 1.9 Billion by 2031
Global Microcrystalline Cellulose (MCC) Market is flourishing because of the escalating demand for MCI in the pharmaceutical sector, increasing adoption of MCI across the food and beverages industry, and the surging usage of MCI in personal care and cosmetics applications.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Microcrystalline Cellulose (MCC) Market size at USD 1,157.08 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global Microcrystalline Cellulose (MCC) Market size to expand at a significant CAGR of 7.34% reaching a value of USD 1,899.74 million by 2031. The growth Microcrystalline Cellulose (MCC) Market across the regions is propelled by versatile applications of MCC across the pharmaceuticals, food & beverages, and personal care products industries. Derived mainly from wood pulp, MCC's multifunctional properties, including inertness, excellent compressibility, and enhanced powder flow, make it a preferred excipient (binder, filler, disintegrant) in pharmaceutical tablets. In the food industry, rising health consciousness fuels demand for functional foods and dietary supplements, where MCC is vital as a bulking and anti-caking agent. The personal care and cosmetics sector also contributes to the market expansion, utilizing MCC for its absorbent and texture-modifying capabilities. While relatively high production costs and varying regional regulations may pose some limitations, the increasing global preference for natural, plant-based, and high-performance ingredients continues to bolster the growth of Global Microcrystalline Cellulose (MCC) Market during the period in analysis.
Impact of Escalating Geopolitical Tensions on Global Microcrystalline Cellulose (MCC) Market
Intensifying geopolitical tensions could disrupt the growth of Global Microcrystalline Cellulose (MCC) Market. Such tensions routinely disrupt international trade routes and restrict the movement of critical raw materials like wood pulp and cotton, leading to considerable supply chain instability. Furthermore, the imposition of sanctions, tariffs, and general political instability can drive up production costs and introduce substantial uncertainties in sourcing and distribution. The volatility in energy prices, often a direct consequence of conflicts, can further inflate manufacturing expenses. Collectively, these factors impede market growth, particularly in regions with high import or export dependencies. Consequently, companies may struggle to maintain consistent supply and pricing, ultimately impacting the availability of MCC across the world.
Europe Dominates Global Microcrystalline Cellulose (MCC) Market
Europe is expected to maintain its leading position in the Global Microcrystalline Cellulose (MCC) Market in the coming years. The dominance is attributed to increasing investments in research and development, a growing number of clinical trials, and the continuous efforts of pharmaceutical companies in the region to develop advanced medications. Concurrently, rising health consciousness among consumers is driving demand for nutritious food products. As pharmaceutical production continues to scale up across Europe, the importance of MCC, widely utilized as a binder or diluent in tablet and capsule formulations for both direct compression and wet granulation processes, is expected to grow even further.
Competitive Landscape
Major companies in Global Microcrystalline Cellulose (MCC) Market include Roquette Frères, Godavari Biorefineries Ltd, JRS Pharma, Ming Tai Chemical Co. Ltd, DuPont, Apollo Scientific Ltd, International Flavors & Fragrances Inc., SEPPIC, Asahi Kasei Corporation, Ankit Pulps, DFE Pharma, Foodchem International Corporation, Sigachi Industries Pvt Ltd, Fengchen Group Co., Ltd, Rayonier Advanced Materials, FMC Corporation, and Accent Microcell Pvt Ltd. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global Microcrystalline Cellulose (MCC) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Microcrystalline Cellulose (MCC) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Microcrystalline Cellulose (MCC) Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Global Microcrystalline Cellulose (MCC) Market Insights
- 3.1. End User Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Demand in Pharmaceuticals
- 3.2.1.2. Growing Adoption in Food & Beverages Industry
- 3.2.1.3. Surging Usage in Personal Care & Cosmetics
- 3.2.2. Restraints
- 3.2.2.1. Increasing Raw Material Price Volatility
- 3.2.2.2. Stringent Regulatory Compliance
- 3.2.3. Opportunities
- 3.2.3.1. Rising Innovation in Formulation Technologies
- 3.2.3.2. Increasing Consumer Preference for Natural Ingredients
- 3.2.4. Challenges
- 3.2.4.1. Competition from Alternative Excipients
- 3.2.4.2. Changing Consumer Perception
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Global Microcrystalline Cellulose (MCC) Market: Marketing Strategies
- 5. Global Microcrystalline Cellulose (MCC) Market: Pricing Analysis
- 6. Global Microcrystalline Cellulose (MCC) Market: Geography Analysis
- 6.1. Global Microcrystalline Cellulose (MCC) Market, Geographical Analysis, 2024
- 6.2. Global Microcrystalline Cellulose (MCC), Market Attractiveness Analysis, 2024–2031
- 7. Global Microcrystalline Cellulose (MCC) Market Overview
- 7.1. Market Size & Forecast, 2019–2031
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Source
- 7.2.1.1. Wood-based MCC
- 7.2.1.2. Non-Wood based MCC
- 7.2.2. By Application
- 7.2.2.1. Pharmaceuticals
- 7.2.2.2. Food & Beverages
- 7.2.2.3. Cosmetics & Personal Care
- 7.2.2.4. Paints & Coatings
- 7.2.2.5. Others
- 7.2.3. By Region
- 7.2.3.1. North America
- 7.2.3.2. Europe
- 7.2.3.3. The Asia Pacific
- 7.2.3.4. Latin America
- 7.2.3.5. Middle East and Africa
- 8. North America Microcrystalline Cellulose (MCC) Market
- 8.1.1. Market Size & Forecast by Value, 2019–2029
- 8.1.2. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Source
- 8.2.2. By Application
- 8.2.3. By Country
- 8.2.3.1. United States
- 8.2.3.1.1. By Source
- 8.2.3.1.2. By Application
- 8.2.3.2. Canada
- 8.2.3.2.1. By Source
- 8.2.3.2.2. By Application
- 9. Europe Microcrystalline Cellulose (MCC) Market
- 9.1.1. Market Size & Forecast by Value, 2019–2029
- 9.1.2. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Source
- 9.2.2. By Application
- 9.2.3. By Country
- 9.2.3.1. Germany
- 9.2.3.1.1. By Source
- 9.2.3.1.2. By Application
- 9.2.3.2. United Kingdom
- 9.2.3.2.1. By Source
- 9.2.3.2.2. By Application
- 9.2.3.3. Italy
- 9.2.3.3.1. By Source
- 9.2.3.3.2. By Application
- 9.2.3.4. France
- 9.2.3.4.1. By Source
- 9.2.3.4.2. By Application
- 9.2.3.5. Spain
- 9.2.3.5.1. By Source
- 9.2.3.5.2. By Application
- 9.2.3.6. The Netherlands
- 9.2.3.6.1. By Source
- 9.2.3.6.2. By Application
- 9.2.3.7. Rest of Europe
- 9.2.3.7.1. By Source
- 9.2.3.7.2. By Application
- 10. Asia Pacific Microcrystalline Cellulose (MCC) Market
- 10.1. Market Size & Forecast by Value, 2019–2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Source
- 10.2.2. By Application
- 10.2.3. By Country
- 10.2.3.1. China
- 10.2.3.1.1. By Source
- 10.2.3.1.2. By Application
- 10.2.3.2. India
- 10.2.3.2.1. By Source
- 10.2.3.2.2. By Application
- 10.2.3.3. Japan
- 10.2.3.3.1. By Source
- 10.2.3.3.2. By Application
- 10.2.3.4. South Korea
- 10.2.3.4.1. By Source
- 10.2.3.4.2. By Application
- 10.2.3.5. Australia & New Zealand
- 10.2.3.5.1. By Source
- 10.2.3.5.2. By Application
- 10.2.3.6. Indonesia
- 10.2.3.6.1. By Source
- 10.2.3.6.2. By Application
- 10.2.3.7. Malaysia
- 10.2.3.7.1. By Source
- 10.2.3.7.2. By Application
- 10.2.3.8. Singapore
- 10.2.3.8.1. By Source
- 10.2.3.8.2. By Application
- 10.2.3.9. Philippines
- 10.2.3.9.1. By Source
- 10.2.3.9.2. By Application
- 10.2.3.10. Vietnam
- 10.2.3.10.1. By Source
- 10.2.3.10.2. By Application
- 10.2.3.11. Rest of Asia Pacific
- 10.2.3.11.1. By Source
- 10.2.3.11.2. By Application
- 11. Latin America Microcrystalline Cellulose (MCC) Market
- 11.1. Market Size & Forecast by Value, 2019–2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Source
- 11.2.2. By Application
- 11.2.3. By Country
- 11.2.3.1. Brazil
- 11.2.3.1.1. By Source
- 11.2.3.1.2. By Application
- 11.2.3.2. Mexico
- 11.2.3.2.1. By Source
- 11.2.3.2.2. By Application
- 11.2.3.3. Argentina
- 11.2.3.3.1. By Source
- 11.2.3.3.2. By Application
- 11.2.3.4. Peru
- 11.2.3.4.1. By Source
- 11.2.3.4.2. By Application
- 11.2.3.5. Colombia
- 11.2.3.5.1. By Source
- 11.2.3.5.2. By Application
- 11.2.3.6. Rest of Latin America
- 11.2.3.6.1. By Source
- 11.2.3.6.2. By Application
- 12. Middle East and Africa Microcrystalline Cellulose (MCC) Market
- 12.1. Market Size & Forecast by Value, 2019–2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Source
- 12.2.2. By Application
- 12.2.3. By Country
- 12.2.3.1. Saudi Arabia
- 12.2.3.1.1. By Source
- 12.2.3.1.2. By Application
- 12.2.3.2. UAE
- 12.2.3.2.1. By Source
- 12.2.3.2.2. By Application
- 12.2.3.3. Qatar
- 12.2.3.3.1. By Source
- 12.2.3.3.2. By Application
- 12.2.3.4. Kuwait
- 12.2.3.4.1. By Source
- 12.2.3.4.2. By Application
- 12.2.3.5. South Africa
- 12.2.3.5.1. By Source
- 12.2.3.5.2. By Application
- 12.2.3.6. Nigeria
- 12.2.3.6.1. By Source
- 12.2.3.6.2. By Application
- 12.2.3.7. Algeria
- 12.2.3.7.1. By Source
- 12.2.3.7.2. By Application
- 12.2.3.8. Rest of Middle East and Africa
- 12.2.3.8.1. By Source
- 12.2.3.8.2. By Application
- 13. Competitive Landscape
- 13.1. List of Key Players and Their Offerings
- 13.2. Global Microcrystalline Cellulose (MCC) Company Market Share Analysis, 2022
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- 14. Impact of Escalating Geopolitical Tensions on Global Microcrystalline Cellulose (MCC) Market
- 15. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 15.1. Roquette Frères
- 15.2. Godavari Biorefineries Ltd
- 15.3. JRS Pharma
- 15.4. Ming Tai Chemical Co. Ltd
- 15.5. DuPont
- 15.6. Apollo Scientific Ltd
- 15.7. International Flavors & Fragrances Inc.
- 15.8. SEPPIC
- 15.9. Asahi Kasei Corporation
- 15.10. Ankit Pulps
- 15.11. DFE Pharma
- 15.12. Foodchem International Corporation
- 15.13. Sigachi Industries Pvt Ltd
- 15.14. Fengchen Group Co., Ltd
- 15.15. Rayonier Advanced Materials
- 15.16. FMC Corporation
- 15.17. Accent Microcell Pvt Ltd
- 15.18. Other Prominent Players
- 16. Key Strategic Recommendations
- 17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Region
- 17.5. Assumption & Limitation
- *Financial information of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
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