LAMEA Microcrystalline Cellulose (MCC) Market By Source Type (Wood Based and Non-Wood Based) By Application (Pharmaceutical, Food & Beverage, Cosmetics & Personal Care and Other Application)
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Market Report Description
The Latin America, Middle East and Africa Microcrystalline Cellulose Market would witness market growth of 6.5% CAGR during the forecast period (2019-2025).
In the pharmaceutical industry, microcrystalline cellulose is a widely used excipient. It has great characteristics of compressibility and is used in types of solid doses such as tablets. Tablets that are created are hard but dissolve instantly. Microcrystalline cellulose is like cellulose, except that it meets USP standards. It is also present in many processed food products and can be used among other uses as an anti-caking agent, stabilizer, modifier of texture, or suspender. Microcrystalline cellulose is usually considered safe when used in normal amounts.
During the forecast period, rapid development in the food & beverage sector and increased demand for low-fat processed foods is anticipated to encourage business growth. For a longer duration, packaged and processed food products need to be kept fresh, requiring bulking, consistency and anti-caking agents. The leading factors of market growth are these characteristics of microcrystalline cellulose.
Based on Source Type, the market is segmented into Wood Based and Non-Wood Based. Based on Application, the market is segmented into Pharmaceutical, Food & Beverage, Cosmetics & Personal Care and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rayonier Advanced Material, Inc., Accent Microcell Pvt. Ltd., JRS Pharma LP, Sigachi Industries Pvt Ltd., Huzhou Zhanwang Pharmaceutical Co., Ltd., Roquette Freres SA, Avantor Performance Materials, Inc., FMC Corporation, Asahi Kasei Corporation, and Mitsubishi Chemical Holdings Corporation.
Scope of the Microcrystalline Cellulose (MCC) Market Analysis
By Source Type
- Wood Based and
- Non-Wood Based
- Food & Beverage
- Cosmetics & Personal Care and
- Other Application
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Rayonier Advanced Material, Inc.
- Accent Microcell Pvt. Ltd.
- JRS Pharma LP
- Sigachi Industries Pvt Ltd.
- Huzhou Zhanwang Pharmaceutical Co., Ltd.
- Roquette Freres SA
- Avantor Performance Materials, Inc.
- FMC Corporation
- Asahi Kasei Corporation
- Mitsubishi Chemical Holdings Corporation
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