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Microcrystalline Cellulose (MCC) Market Share

Report ID: GMI688
Published Date: Nov 2019
Report Format: PDF

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Microcrystalline Cellulose Market Share

Manufacturers are involved in increasing their product lineup to enhance their revenue generation. For instance, in August 2015, DFE Pharma announced the launch of Pharmacel 112 with low-moisture lactose grade for formulating active pharmaceutical ingredients (APIs). The MCC market participants are also undergoing merger & acquisition to strengthen their regional presence and product penetration.

The prominent players operating in the microcrystalline cellulose market share includes:

Mingtai Chemical Co. Ltd
FMC Corporation
Sigachi Industrial Pvt.Ltd
Accent Microcell Pvt. Ltd
Asahi Kasei Corporation
Blanver
DFE Pharma GmbH & Co.

Consistent R&D investment in the pharmaceutical industry are providing a positive outlook on the new product development and product portfolio expansion. This is resulting in manufacturing several categories of drugs to ensure substantial gains over the projected timeframe. Furthermore, industry players focusing towards fat-free food products is another influencing factor for volume growth over the study timeframe.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

microcrystalline cellulose market was valued at USD 868.5 million in 2018.

Expected crcr that microcrystalline cellulose market is estimated to register is 5.8% over 2019-2026.

Microcrystalline cellulose is a chemically inert and tasteless compound with multiple applications in food, pharmaceutical, cosmetics & personal care as well as paints & coating sectors.

It is used as a substitute to unhealthy fat and provides texture for baked food products, as it caters a large amount of fiber that helps in improving the digestion.

According to this report, wood based MCC market will account for major share owing to its use as fat substitute, texturizer, extender and bulking agent which is majorly applicable in the drug formulation for vitamin tablets and supplements.