Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.24 Billion | USD 4.56 Billion | 7.34% | 2024 |
The global microcrystalline cellulose market size was worth around USD 2.24 Billion in 2024 and is predicted to grow to around USD 4.56 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 7.34% between 2025 and 2034. The report analyzes the global microcrystalline cellulose market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the microcrystalline cellulose industry.
Microcrystalline cellulose is refined wood pulp adopted as a bulking agent, extender, texturizer, fat substitute, emulsifier, anticaking agent, and others. It is largely used as a supplement in the form of a tablet. It is extracted with the help of a controlled hydrolysis process. Purified alpha-cellulose extracted from natural wood cellulose with mineral acid is hydrolyzed to produce microcrystalline cellulose. It is a partial deep polymerized cellulose in pure form. There are many ways to synthesize microcrystalline cellulose like enzyme-mediated synthesis, steam explosion acid hydrolysis, and reactive exclusion. Microcrystalline cellulose is used in a number of applications in the personal care, food, pharmaceutical, and cosmetic sector. It is also found in ice cream, whipped cream, and frozen yogurts. Most of the low-fat dairy products contain microcrystalline cellulose.
High demand from the pharmaceutical sector will fuel the growth of the global market.
Microcrystalline cellulose is massively used as an excipient in the pharmaceutical sector owing to its superior compressibility properties. It is majorly utilized in the form of solid-like tablets. It functions as direct compression excipients which work like anti-adherent, filler, absorbent, tablet disintegrant, and dry binder. It is utilized in both direct compression and wet granulation processes for capsule and oral tablet formulations. Its properties like disintegrant and lubricant make it ideal for direct tableting. The pharmaceutical segment is growing exponentially in several regions all across the globe, which in turn is also likely to spike the demand for microcrystalline cellulose in the market. The constantly growing production of pharmaceutical products, particularly in emerging countries like India, China, and Brazil, is likely to drive the growth of the global microcrystalline cellulose market in the forthcoming years.
Availability of substitutes will hamper the growth of the global market.
Microcrystalline cellulose has majorly no available substitutes, but there are few products that are better than microcrystalline cellulose and can be highly used in special applications. A few of such products include carboxymethyl cellulose (CMC), croscarmellose sodium, kappa-carrageenan, and others. These products are widely being used in the food and beverage sector to stabilize baking products and ice creams.
Growing inclination towards non-wood-based microcrystalline cellulose is likely to create new growth opportunities in the global market.
Microcrystalline cellulose is currently manufactured with the help of wood pulp. However, production is quite expensive for manufacturers. Therefore, manufacturers are finding non-wood sources better than wood pulp. Non-wood sources include agricultural waste and have no environmental impact. Such new techniques are still in process. But such technology is likely to pose a huge growth opportunity in the global market in the forthcoming years.
Production of glucose microcrystalline cellulose is a huge challenge in the global market.
Manufacturing microcrystalline cellulose requires several steps like drying, bleaching, washing, and acid hydrolysis before the production of the end product. Therefore, it raises the cost of the production of microcrystalline cellulose. Manufacturers are striving hard to lower the overall production of non-wood-based microcrystalline cellulose, and therefore, it has emerged as a huge challenge in the global market.
The global microcrystalline cellulose market is segmented based on Material, Product Grade, and region.
Based on Material, the global microcrystalline cellulose market is divided into Wood Based, Non-wood Based.
On the basis of Product Grade, the global microcrystalline cellulose market is bifurcated into Pharmaceutical Grade, Industrial Grade, Food Grade.
Report Attributes | Report Details |
---|---|
Report Name | Microcrystalline Cellulose Market |
Market Size in 2024 | USD 2.24 Billion |
Market Forecast in 2034 | USD 4.56 Billion |
Growth Rate | CAGR of 7.34% |
Number of Pages | 177 |
Key Companies Covered | International Flavors and Fragrances Inc., Asahi Kasei Corporation, DFE Pharma, Accent Microcell Ltd, Foodchem International Corporation, Sigachi Industries, Anhui Shanhe Pharmaceutical Accessories Co. Ltd, Roquette Frères, and others. |
Segments Covered | By Material, By Product Grade, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific accounts for the largest share in the global microcrystalline cellulose market due to the fast proliferating end-user sector in the region. Furthermore, the constantly growing disposable income of the people in the region will further complement the growth of the market. There is high demand for low-fat dairy products in the region, which is likely to accentuate the growth of the regional market.
Recent Developments
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the microcrystalline cellulose market on a global and regional basis.
The global microcrystalline cellulose market is dominated by players like:
The global microcrystalline cellulose market is segmented as follows;
By Material
By Product Grade
By Region
FrequentlyAsked Questions
Microcrystalline cellulose is refined wood pulp adopted as a bulking agent, extender, texturizer, fat substitute, emulsifier, anticaking agent, and others.
The global microcrystalline cellulose market is expected to grow due to increasing demand from the pharmaceutical industry as a vital excipient in drug formulations due to its binding, disintegrant, and bulking properties, the rising consumption in the food and beverage sector as a texturizer and fat substitute in low-fat pro.
According to a study, the global microcrystalline cellulose market size was worth around USD 2.24 Billion in 2024 and is expected to reach USD 4.56 Billion by 2034.
The global microcrystalline cellulose market is expected to grow at a CAGR of 7.34% during the forecast period.
North America is expected to dominate the microcrystalline cellulose market over the forecast period.
Leading players in the global microcrystalline cellulose market include International Flavors and Fragrances Inc., Asahi Kasei Corporation, DFE Pharma, Accent Microcell Ltd, Foodchem International Corporation, Sigachi Industries, Anhui Shanhe Pharmaceutical Accessories Co. Ltd, Roquette Frères, among others.
The report explores crucial aspects of the microcrystalline cellulose market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed