Microcrystalline Cellulose Market Size & Forecast Report - 2026 to 2030

The global microcrystalline cellulose market size is anticipated to grow at a significant CAGR of over 5% during the forecast period 2022 to 2028. The increasing demand for the product in the pharmaceuticals and cosmetics industry is one of the prominent factor driving the market growth. The large-scale use of microcrystalline cellulose in the pharmaceutical industry as a film-forming agent, stabilizer, ointments, and tablet formulation and the increasing demand for the product in various developing economies are expected to propel the market growth. Furthermore, the increasing demand and growing consumption of processed food are further anticipated to boost the market over the forecast period.

Market Drivers:

Pharmaceutical industry demand: The pharmaceutical industry is the largest consumer of microcrystalline cellulose. MCC is widely used as a binder, filler, and disintegrant in tablet formulations. It provides compressibility, flowability, and improved tablet hardness, contributing to the manufacturing of high-quality pharmaceutical tablets. The growing demand for oral solid dosage forms and the increasing prevalence of chronic diseases drive the demand for MCC in the pharmaceutical sector.

Rising consumer awareness about healthy lifestyles: There is an increasing consumer focus on health and wellness, leading to the demand for dietary supplements and nutraceutical products. Microcrystalline cellulose is commonly used as an excipient in these products to provide bulk, improve stability, and facilitate the controlled release of active ingredients. The growing interest in maintaining a healthy lifestyle and the demand for dietary supplements support the growth of the MCC market.

Food and beverage industry applications: Microcrystalline cellulose finds applications in the food and beverage industry as an anti-caking agent, texturizer, and fat substitute. It is used in various food products, including baked goods, dairy products, sauces, dressings, and beverages. MCC helps improve the texture, stability, and mouthfeel of food and beverage formulations. The demand for processed and convenience foods, as well as the need for clean label ingredients, drives the utilization of MCC in the food industry.

Growing demand for natural and plant-based ingredients: Microcrystalline cellulose is derived from plant sources and is considered a natural ingredient. The increasing consumer preference for natural and plant-based products across various industries, including pharmaceuticals, food and beverage, and personal care, drives the demand for MCC. Its natural origin, combined with its functional properties, makes MCC a desirable choice for formulators seeking natural alternatives.

Advancements in manufacturing processes and product innovations: Continuous advancements in manufacturing processes have led to the development of MCC with improved properties, such as particle size, flowability, and compressibility. Manufacturers are also exploring novel applications and developing MCC grades tailored to specific industry requirements. These advancements and innovations enhance the performance and applicability of MCC, driving market growth.

Favorable regulatory environment: Microcrystalline cellulose is considered a safe and widely accepted ingredient in various industries. It complies with regulatory standards, such as those set by the Food and Drug Administration (FDA) and European Medicines Agency (EMA). The favorable regulatory environment supports the use of MCC in pharmaceutical, food, and personal care products, ensuring consumer safety and quality.

Rising demand for personal care and cosmetics products: Microcrystalline cellulose is used in the personal care and cosmetics industry as a binder, thickener, and stabilizer in creams, lotions, and powders. It provides improved texture, enhanced stability, and controlled release properties in cosmetic formulations. The increasing demand for personal care and cosmetics products, driven by factors such as changing consumer preferences, beauty trends, and grooming habits, contributes to the growth of the MCC market.

Cost-effectiveness and availability: Microcrystalline cellulose is a cost-effective excipient compared to other alternatives. It is widely available and sourced from renewable and abundant cellulose-rich materials, such as wood pulp and cotton. The cost-effectiveness and availability of MCC make it a preferred choice for formulators and manufacturers in various industries.

Market Snapshot:

Market Insights:

The global microcrystalline cellulose market is bifurcated into the source, process, application, and geography. On the basis of source, the market is further segmented into wood-based and non-wood-based. The wood-based segment dominated the global market in 2021 and is expected to maintain its dominance over the forecast period. On the flip side, the non-wood-based segment is accounted to register the fastest growth rate over the forecast period. The increasing demand for non-wood-based MCC in the pharmaceuticals and food processing industry is one of the prominent factor driving the segment growth. Furthermore, the availability of non-wood-based MCC at a low cost compared to wood-based MCC is further anticipated to drive the segment growth over the forecast period.

On the basis of application, the market is segmented into pharmaceutical, food, cosmetics, and others. The pharmaceuticals segment dominated the global microcrystalline cellulose market in 2021 and is expected to hold the largest revenue share of over one-third market share by the end of the analysis period. The increasing demand for the product in the pharmaceuticals industry is one of the prominent factor driving the segment growth. Microcrystalline cellulose is one of the most commonly used excipients in the pharmaceuticals industry. Furthermore, the increasing use of the product in tablets and the liquid dosage form is further expected to drive the segment growth over the forecast period.

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The microcrystalline cellulose comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The microcrystalline cellulose market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2019-20 – Historical Year
• 2021 – Base Year
• 2022-2028 – Forecast Period

Market Segmentation:

By Source:

• Wood-based
• Non-wood-based

By Process:

• Reactive Extrusion
• Enzyme-Mediated
• Steam Explosion
• Acid Hydrolysis

By Application:

• Pharmaceutical
• Food
• Cosmetics
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global microcrystalline cellulose market in 2021 and is expected to maintain its dominance over the forecast period. The widespread use of the product in the pharmaceuticals and cosmetics industry is one of the key factor to drive the market growth in the region. Furthermore, the increasing production of pharmaceuticals products and the growing pharmaceuticals industry in various developing economies are further anticipated to fuel the market growth in the Asia Pacific. Moreover, the presence of some major market players such as Sigachi Industries Pvt. Ltd., DuPont, Asahi Kasei Corporation, and others are further anticipated to support the market growth positively over the forecast period.

Competitive Assessment:

Some of the major market players operating in the global microcrystalline cellulose market are DowDuPont, Asahi Kasei Chemicals Corporation, Rayonier Advanced Materials, Roquette, and DFE Pharma GmbH & Co.KG. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• DowDuPont
• Asahi Kasei Chemicals Corporation
• Rayonier Advanced Materials
• Roquette
• DFE Pharma GmbH & Co.KG
• JRS Pharma GmbH & Co.KG
• Avantor Performance Materials Inc.
• Gujarat Microwax Limited.
• Sigachi Industrial Pvt. Ltd.
• Huzhou City Linghu Xinwang Chemical Co., Ltd.

Key Questions Answered by Microcrystalline Cellulose Market Report

• Global microcrystalline cellulose market forecasts from 2022-2028
• Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
• Microcrystalline cellulose submarket forecasts from 2022-2028 covering the market by source, by process, by application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level microcrystalline cellulose markets from 2022-2028
• Competitive Landscape and market positioning of top 10 players operating in the market