Transparency Market Research announces the release of
a new research report, titled “Microcrystalline Cellulose Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020”. According to the report, the global microcrystalline
cellulose (MCC) market is forecast to reach a value of US$936.3
million by 2020.
The MCC market was pegged at US$632.9 million in 2013
and is anticipated to grow at a 5.8% CAGR from 2014 to 2020.The
global MCC market is primarily driven by factors such as growth of
the pharmaceutical excipient industry and surge in demand for low-fat
foods. The use of eco-friendly raw materials for the production of
MCC has been identified as an opportunity for manufacturers to
capitalize on. In contrast, the MCC market is hampered by high cost
of production and comparatively low yield.
This 98 page report gives readers a comprehensive
overview of the Microcrystalline Cellulose market. Browse through 31
data tables and 17 figures to unlock the hidden opportunities in this
market@
MCC finds application in industries such as
pharmaceutical, food and beverages, personal care, and paints and
coatings. Pharmaceutical was the largest application segment in 2013,
accounting for a share of over 35% that year. The industry is also
projected to be the fastest developing end-use segment from 2014 to
2020, according to the research report.
MCC has been declared suitable as an excipient in
pharmaceutical applications owing to properties such as efficient
binding ability, significant compressibility, and high internal
porosity. The pharmaceutical segment is also driven by rise in global
geriatric population and development of innovative products. After
the US Food and Drug Administration (FDA) approved MCC as a safe food
ingredient, its demand from the food and beverages industry has
grown. The developing market for low-fat foods is also expected to
further the demand for MCC by 2020.
Geographically, the global market for MCC is
segmented into North America, Europe, Asia Pacific, and Rest of the
World. Accounting for a 30% share of the overall market, North
America dominated the worldwide MCC market in 2013 owing to the
roaring demand for MCC from the food and beverages and pharmaceutical
industries and the slow yet steady recovery of the U.S. economy.
Rising demand for MCC from the Middle East and Latin
America is likely to boost the MCC market in the Rest of the World
region.Asia Pacific has been identified as the most rapidly
developing region in the global MCC market. This spurt in growth can
be attributed to increasing demand from emerging economies such as
Vietnam, Malaysia, China, Thailand, and India.
Get accurate market forecast and analysis on the
Microcrystalline Cellulose market. Request a sample to stay abreast
on the key trends impacting this market@
Some of the key manufacturers of MCC in the global
market are Asahi Kasei Corporation, MINGTAI CHEMICAL CO., LTD., J.
RETTENMAIER & SÖHNE GmbH + Co KG, BLANVER FARMOQUÍMICA LTDA,
Accent Microcell Pvt. Ltd., FMC Corporation, JUKU ORCHEM PRIVATE
LIMITED, DFE Pharma GmbH & Co. KG, Libraw Pharma, Sigachi
Industrial Pvt. Ltd., and Avantor Performance Materials, Inc.
The report segments the global microcrystalline
cellulose market as:
Microcrystalline Cellulose Market: End-user
Segment Analysis
- Food and Beverage
- Pharmaceutical
- Personal Care
- Others (including paints & coatings, etc.)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
No comments:
Post a Comment