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$345 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.
Select Competitors (Total 39 Featured) -
Huzhou City Linghu Xinwang Chemical Co., Ltd.
Rayonier Advanced Materials Inc.
Shandong Xinda Biotechnology Co., Ltd.
Sigachi Industries Pvt. Ltd.
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession Impact Across Key Verticals
COVID-19 Pandemic Brings Short- & Long-Term Changes in Pharmaceutical Industry Pharmaceutical-Grade MCC to Evade COVID-19 Impact Participants in Food Industry Step Up to Embrace New Trends & Consumer Behavior
US Per Store Average Growth in Sales of Health Foods March-June 2020 (In %)
Microcrystalline Cellulose (MCC) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Microcrystalline Cellulose (MCC): A Prelude
Wood Dominates as the MCC Source
Market Share of Leading Players in Global Microcrystalline cellulose (MCC) market: 2019
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
MCC Gains Traction in Pharmaceutical Applications
Strong Rise in Pharmaceutical Manufacturing to Drive Demand for MCC
World Prescription Drug Sales (in US$ 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
For more information about this report visit https://www.researchandmarkets.com/r/d3huku
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