Global Microcrystalline Cellulose Market 2017-2021: Forecast to Grow at a CAGR of 5.9% During 2017-2021

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Oct 05, 2017, 14:00 ET

DUBLIN, October 5, 2017 /PRNewswire/ --

The "Global Microcrystalline Cellulose Market 2017-2021" report has been added to Research and Markets' offering.

The report forecasts the global microcrystalline cellulose market to grow at a CAGR of 5.95% during the period 2017-2021.

The report, Global Microcrystalline Cellulose Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the growing demand for low-fat and processed food. The increased demand for processed food and low-fat food items will tremendously drive the growth of the global microcrystalline cellulose market during the forecast period. Cellulose is an organic substance present in plants and is rich in fiber supplements. It is least expensive and is widely used in packaged food products to enhance the nutritional value and to improve the shelf-life of the product. It is used in processed meat and processed seafood as an additive and preservative to maintain freshness, quality, and nutritional content of the processed material. GRAS approval by the FDA will improve the demand for microcrystalline cellulose in the food industry during the forecast period.

According to the report, one of the major drivers for this market is the growing demand for microcrystalline cellulose as excipient. Microcrystalline cellulose is widely used as an excipient in the pharmaceutical industry due to its improved performance and excellent properties. It is compressible and is used in solid forms in drugs and capsules. The use of microcrystalline cellulose in food products and pharmaceuticals is approved as safe by the FDA. The pharmaceutical industry is the fastest growing application segment of microcrystalline cellulose. The sudden growth of the pharmaceutical industry will increase the demand for microcrystalline cellulose in the production of tablets, drugs, and capsules.

Further, the report states that one of the major factors hindering the growth of this market is the availability of anti-caking substitutes. With the approval from the FDA to use powdered cellulose as an anti-caking agent will become a threat to the global microcrystalline cellulose market. The first ever application of powdered cellulose as an anti-caking agent is in shredded and grated cheese products. Due to the improved performance, powdered cellulose is preferred in the dairy industry as a substitute for microcrystalline cellulose. Powdered cellulose improves flowability, prevents clumping, and ensures that the weight is controlled efficiently, which helps in packaging.

Key vendors

Asahi Kasei
FMC
FrieslandCampina
Mingtai Chemical
Tembec

Other prominent vendors

Anhui Sunhere Pharmaceutical Excipients
Ankit Pulps and Boards
Amishi Drugs & Chemicals
Godavari Biorefineries
Huzhou City Linghu Xinwang Chemical
Others

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Introduction

Part 04: Market Overview

Part 05: Segmentation By Application

Part 06: Geographic Segmentation

Part 07: Decision Framework

Part 08: Drivers And Challenges

Part 09: Market Trends

Part 10: Vendor Landscape

Part 11: Key Vendor Analysis

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/lx4nt5/global

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SOURCE Research and Markets