Press
Release

Abundant Use as Excipients in Pharmaceutical Industry Drives High Growth of Microcrystalline Cellulose Market

• Valuation of microcrystalline cellulose market US$ 1.46 bn by 2027, food & beverages and pharmaceutical industries accounted for more than half share in 2018

• Manufacturers of cosmetics and personal care products in North America and Europe harness favorable properties of microcrystalline cellulose to unveil innovative products in low-fat foods

Transparency Market Research, New York: End-use industries in the microcrystalline cellulose market such as food and beverages, cosmetics, personal care and pharmaceutical industries extensively utilize the physiochemical and other properties of microcrystalline cellulose. These use it as emulsifier, anticaking agent, and texturizer. Most prominently its use as excipients in wide range of drug formulations is spurring revenue generation in the microcrystalline cellulose market. In cosmetics and personal care industry, microcrystalline cellulose is used for wide range of applications, notably as binders and fat substitute.

Food and beverages and pharmaceutical industries accounted for a combined share of more than half of the shares in the microcrystalline cellulose market in 2018.

Request for Covid-19 Impact Analysis on Microcrystalline Cellulose Market: https://www.transparencymarketresearch.com/Covid19.php

The global valuation of the microcrystalline cellulose market was pegged to rise at CAGR of ~ 6% between 2019 and 2027, and surpass the worth of US$ 1.46 Bn by the period-end.

Key Findings of Microcrystalline Cellulose Market

• Pharmaceuticals and food & beverage held more than 50% share in global microcrystalline cellulose market in 2018
• Cosmetics and personal care segment is expected to expand at remarkable pace during 2019 – 2027
• Powder grade microcrystalline cellulose is gaining traction among manufacturers in Southeast Asia
• Rising application in food and beverages industry will propel Asia Pacific market to expand at promising CAGR during the forecast period

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Microcrystalline Cellulose Market: Key Driving Factors and Promising Avenues

• Use of microcrystalline cellulose in plethora of applications in pharmaceutical, food and beverages, cosmetics and personal care industries spur revenues in the market.
• Packaged food manufacturers have been utilizing microcrystalline cellulose as an anticaking agent, texturizer, and binder to keep the products fresh for longer period.
• Sheer pace of urbanization has spurred the demand for packaged food products, especially among populations in the developing world.
• Growing preference of cosmetic formulations that are based on natural ingredients among worldwide population is boosting the microcrystalline cellulose market. The ingredient is used not only to improve the performance of cosmetic products but also reduce the side effects.
• Pharmaceutical industry is offering abundant avenues to players in the market. Microcrystalline cellulose is gaining widespread excipients for manufacturing tablets, capsules, sachets, and pellets.
• Worldwide, food and beverages industry is witnessing the mounting concern of obesity pandemic. This has fuelled the popularity of low-fat food. This, in turn, has spurred the demand for microcrystalline cellulose in boosting the nutritional profile of packaged food.
• Incidence of cardiovascular diseases and other chronic diseases has spurred the demand for healthy food, thereby boosting the demand potential in the microcrystalline cellulose market.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/2455

Microcrystalline Cellulose Market: Regional Landscape

Regionally, North America and Europe have been accounting for a promising revenue share in the microcrystalline cellulose market. A large proportion of the demand has come from the food and beverages industry and in drug making. Further, these regional markets are utilizing microcrystalline cellulose for developing novel cosmetic formulations.

The uptake in the food and beverages industry is more prominent in Asia Pacific countries. The revenue generation in the regional market has gained substantially from the considerable consumption of packaged food products in several countries. These include Thailand, India, Mexico, South Africa, South Korea, and China.

Purchase Premium Research Report on Microcrystalline Cellulose Market @ https://www.transparencymarketresearch.com/checkout.php

Microcrystalline Cellulose Market: Competitive Landscape 

Most of the shares in the microcrystalline cellulose market are concentrated in the hands of few large and medium-scale companies. Most manufacturers are domiciled in Europe and the U.S. Small players are eyeing considerable revenue streams in Asia Pacific. Players are leaning on product innovations to consolidate their position. Some players are focusing on reducing the cost of production and are seeking cost-effective sources. Several of the emerging and established players are stressing on expanding their production facilities.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

The Microcrystalline Cellulose Market can be segmented as follows:

End-Use:

• Food and Beverage
• Pharmaceutical
• Personal Care
• Other End-uses

Region:

• North America
• Europe

Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,

Soil Conditioners Market – According to the United Nations’ projections, the global population is estimated to reach 8.5 billion by 2030, which is estimated to further exceed 9.1 Bn by 2050. Growth in population and dearth of arable land is likely to boost the demand for rich agricultural yields in the near future. This, in turn, is projected to create opportunities in the soil conditioners market by 2026. Increasing demand for soil with high nutritive content is raising awareness about soil management practices.

Wind Turbines Market – Decline in cost of wind power couple with the cry for moving swiftly to renewable sources of energy are leading to growth in wind turbines market. It set to chart a steady CAGR (Compound Annual Growth Rate). It will not just create some valuable growth opportunities for players but will also help increase the market worth over the coming few years.

Refinish Paints Market – Refinish paints are made from resins, additives, solvents, and pigments. The resin binds and holds all the pigments together. The refinish paints industry is a raw material intensive industry. Rise in demand for passenger & recreational vehicles, implementation of new technologies, increase in disposable income, growth in the number of road accidents and inclination of vehicle owners to repair their vehicles after collisions are anticipated to drive the global refinish paints market. Volatility in raw material costs, dearth of skilled professionals, and environmental issues regarding solventborne paints are key restrains to the market.

Liquid Silicone Rubber Market – The demand for hygiene and growing case of HAI is major factor boosting the growth of global liquid silicone rubber market. Hospitals have become some of many areas where the chances of getting an infection is highest. This puts the life of both –patient and care provider’s life in danger. To keep both of them safe, medical institutes are using liquid silicone rubber gloves. This as a result boosts the growth of global liquid silicone rubber market.

Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/microcrystalline-cellulose-market.htm
Website: http://www.transparencymarketresearch.com