Microcrystalline Cellulose (MCC) Market Size

Microcrystalline Cellulose Market Size

Microcrystalline Cellulose Market size was USD 868.5 million in 2018 and will grow at a CAGR of 5.8% from 2019 to 2026.

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Microcrystalline cellulose is a chemically inert and tasteless compound with multiple applications in food, pharmaceutical, cosmetics & personal care and paints & coating sector. It is used as a substitute to unhealthy fat and provides texture for baked food products. The product caters a large amount of fiber that helps in improving the digestion. It also serves as an excellent nutrition contributor for several nutrients. Rapidly growing population, increasing obesity epidemic and changing consumer perception towards healthier foods will drive the product adoption.
 

Increasing application of microcrystalline cellulose in food and pharmaceutical industry will primarily escalate the MCC market penetration over the study timeframe. It finds application in multiple pharmaceutical products such as pellets, tablets, capsules, suspensions and emulsions. Moreover, skin care, hair care, and oral care products utilize MCC as a significant ingredient to enhance their quality and effectiveness.
 

Rapidly growing population mainly in the emerging economies is propelling food industry over the projected period. For instance, according to World Bank, in 2018, the population of Indonesia rose to 267 million as compared to 264 million in 2017. MCC is used in the preparation of multiple food items and preferred as hot and cold stabilizer in ice cream, canned meat, frozen food and condiment for improving their stability. The major constituent of the product is cellulose that is widely accepted as a dietary fiber. It finds significant applications in functional & nutraceutical food to improve functioning of gastrointestinal tract and expression enzymes for lipid metabolizing.