PUBLISHER: Polaris Market Research | PRODUCT CODE: 1552485
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1552485
North America Microcrystalline Cellulose Market Size, Share, Trends, Industry Analysis Report: By Source Type (Wood Based, Non-Wood Based), By Form, By Grade, By End Use, and By Country - Market Forecast, 2024 - 2032
The North America microcrystalline cellulose market size is expected to reach USD 1,058.00 million by 2032, according to a new study by Polaris Market Research. The report "North America Microcrystalline Cellulose Market Share, Size, Trends, Industry Analysis Report: By Source Type (Wood Based, Non-Wood Based), By Form, By Grade, By End Use, and By Country, Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The North America microcrystalline cellulose (MCC) market presents a dynamic scope driven by the rising demand for pharmaceuticals, food and beverages, and personal care products. MCC's role as a crucial excipient and a functional ingredient in various consumer products fuels its market growth.
In the pharmaceutical sector, MCC is highly prized for its role in improving tablet binding, disintegration, and flow properties. This aligns with the industry's growing emphasis on drug efficacy and patient safety, making MCC a crucial component in the development of safe and effective drugs. Moreover, the increasing demand for personalized medicine and advanced drug delivery systems presents a fertile ground for MCC suppliers to develop specialized products tailored to emerging pharmaceutical applications.
Furthermore, strategic partnerships, technological advancements, and investments in research and development lead to the creation of new MCC formulations that meet evolving industry standards and consumer preferences. These collectively create lucrative opportunities for the North America microcrystalline cellulose market, positioning it for significant growth during the forecast period.
North America Microcrystalline Cellulose Market Report Highlights
In 2023, the wood-based segment accounted for a significant market share due to readily available and cost-effective raw materials for producing MCC.
The pharmaceutical segment accounted for the largest market share in 2023 due to its ability to enhance tablet hardness, control dissolution rates, and improve flow properties, making it indispensable in pharmaceutical manufacturing.
The U.S. microcrystalline cellulose market is expected to witness steady growth during the forecast period due to rising pharmaceutical, cosmetics, and food & beverages industries demand.
The Canadian microcrystalline cellulose market held a significant market share in 2023 due to an increasing focus on health and wellness among Canadian consumers, leading to greater demand for pharmaceutical and dietary products that use MCC.
The North America key market players include ANDRITZ, Apollo Scientific Ltd, Asahi Kasei Corporation, Azelis, FMC Corporation, International Flavors & Fragrances Inc. (IFF), JRS PHARMA, Roquette Freres, SEPPIC, and DFE Pharma.
Polaris Market Research has segmented the North America microcrystalline cellulose market report based on source type, form, grade, end-use, and country:
Microcrystalline Cellulose, Source Type Outlook (Revenue - USD Million, Volume Kilotons, 2019 - 2032)
- Wood Based
- Non-Wood Based
Microcrystalline Cellulose, Form Outlook (Revenue - USD Million, Volume Kilotons, 2019 - 2032)
- Liquid
- Powder
Microcrystalline Cellulose, Grade Outlook (Revenue - USD Million, Volume Kilotons, 2019 - 2032)
- Grade 101
- Grade 102
- Grade 200
- Grade 301
- Grade 302
- Others
Microcrystalline Cellulose, End-Use Outlook (Revenue - USD Million, Volume Kilotons, 2019 - 2032)
- Pharmaceutical
- Food & Beverages
- Paints and Coatings
- Cosmetics & Personal Care
- Others
Microcrystalline Cellulose, Country Outlook (Revenue - USD Million, Volume Kilotons, 2019 - 2032)
- North America
- US
- Canada
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. North America Microcrystalline Cellulose Market Insights
- 4.1. Microcrystalline Cellulose Market - Application Snapshot
- 4.2. Microcrystalline Cellulose Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Personal Care & Cosmetics Demand is Driving the Market Growth
- 4.2.1.2. Growing Pharmaceutical Industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Regulatory Challenges
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Microcrystalline Cellulose Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. North America Microcrystalline Cellulose Market, by Source Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. North America Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- 5.3. Wood Based
- 5.3.1. North America Microcrystalline Cellulose Market, by Wood Based, by Country, 2019-2032 (USD million, Volume kilotons)
- 5.4. Non-Wood Based
- 5.4.1. North America Microcrystalline Cellulose Market, by Non-Wood Based, by Country, 2019-2032 (USD million, Volume kilotons)
6. North America Microcrystalline Cellulose Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. North America Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- 6.3. Liquid
- 6.3.1. North America Microcrystalline Cellulose Market, by Liquid, by Country, 2019-2032 (USD million, Volume kilotons)
- 6.4. Powder
- 6.4.1. North America Microcrystalline Cellulose Market, by Powder, by Country, 2019-2032 (USD million, Volume kilotons)
7. North America Microcrystalline Cellulose Market, by Grade
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. North America Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- 7.3. Grade 101
- 7.3.1. North America Microcrystalline Cellulose Market, by Grade 101, By Country, 2019-2032 (USD million, Volume kilotons)
- 7.4. Grade 102
- 7.4.1. North America Microcrystalline Cellulose Market, by Grade 102, By Country, 2019-2032 (USD million, Volume kilotons)
- 7.5. Grade 200
- 7.5.1. North America Microcrystalline Cellulose Market, by Grade 200, By Country, 2019-2032 (USD million, Volume kilotons)
- 7.6. Grade 301
- 7.6.1. North America Microcrystalline Cellulose Market, by Grade 301, By Country, 2019-2032 (USD million, Volume kilotons)
- 7.7. Grade 302
- 7.7.1. North America Microcrystalline Cellulose Market, by Grade 302, By Country, 2019-2032 (USD million, Volume kilotons)
- 7.8. Others
- 7.8.1. North America Microcrystalline Cellulose Market, by Others, By Country, 2019-2032 (USD million, Volume kilotons)
8. North America Microcrystalline Cellulose Market, by End Use
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. North America Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
- 8.3. Pharmaceutical
- 8.3.1. North America Microcrystalline Cellulose Market, by Pharmaceutical, By Country, 2019-2032 (USD million, Volume kilotons)
- 8.4. Food & Beverages
- 8.4.1. North America Microcrystalline Cellulose Market, by Food & Beverages, By Country, 2019-2032
(USD million, Volume kilotons)
- 8.5. Paints and Coatings
- 8.5.1. North America Microcrystalline Cellulose Market, by Paints and Coatings, By Country, 2019-2032
(USD million, Volume kilotons)
- 8.6. Cosmetics & Personal Care
- 8.6.1. North America Microcrystalline Cellulose Market, by Cosmetics & Personal Care, By Country, 2019-2032
(USD million, Volume kilotons)
- 8.7. Others
- 8.7.1. North America Microcrystalline Cellulose Market, by Others, By Country, 2019-2032
(USD million, Volume kilotons)
9. North America Microcrystalline Cellulose Market, by Country
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. North America Microcrystalline Cellulose Market Assessment, By Country, 2019-2032 (USD million, Volume kilotons)
- 9.3. North America Microcrystalline Cellulose Market - U.S.
- 9.3.1. U.S.: Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- 9.3.2. U.S.: Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- 9.3.3. U.S.: Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- 9.3.4. U.S.: Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
- 9.4. Microcrystalline Cellulose Market - Canada
- 9.4.1. Canada: Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- 9.4.2. Canada.: Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- 9.4.3. Canada: Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- 9.4.4. Canada: Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. ANDRITZ
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Apollo Scientific Ltd
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Asahi Kasei Corporation
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Azelis
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. DFE Pharma
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. FMC Corporation
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. International Flavors & Fragrances Inc. (IFF)
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. JRS PHARMA
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Roquette Freres
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. SEPPIC
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
List of Tables
- Table 1 North America Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- Table 2 North America Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- Table 3 North America Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- Table 4 North America Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
- Table 5 Microcrystalline Cellulose Market Assessment, By Country, 2019-2032 (USD million, Volume kilotons)
- Table 6 U.S.: Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- Table 7 U.S.: Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- Table 8 U.S.: Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- Table 9 U.S.: Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
- Table 10 Canada: Microcrystalline Cellulose Market, by Source Type, 2019-2032 (USD million, Volume kilotons)
- Table 11 Canada: Microcrystalline Cellulose Market, by Form, 2019-2032 (USD million, Volume kilotons)
- Table 12 Canada: Microcrystalline Cellulose Market, by Grade, 2019-2032 (USD million, Volume kilotons)
- Table 13 Canada: Microcrystalline Cellulose Market, by End Use, 2019-2032 (USD million, Volume kilotons)
List of Figures
- Figure 1. North America Microcrystalline Cellulose Market, 2019-2032 (USD million, Volume kilotons)
- Figure 2. Integrated Ecosystem
- Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4. Market by Country
- Figure 5. Porter's Five Forces
- Figure 6. Market by Source Type
- Figure 7. North America Microcrystalline Cellulose Market, by Source Type, 2023 & 2032 (USD million, Volume kilotons)
- Figure 8. Market by Form
- Figure 9. North America Microcrystalline Cellulose Market, by Form, 2023 & 2032 (USD million, Volume kilotons)
- Figure 10. Market by Grade
- Figure 11. North America Microcrystalline Cellulose Market, by Grade, 2023 & 2032 (USD million, Volume kilotons)
- Figure 12. Market by End Use
- Figure 13. North America Microcrystalline Cellulose Market, by End Use, 2023 & 2032 (USD million, Volume kilotons)
- Figure 12. North America Microcrystalline Cellulose Market Assessment, By Country, 2019-2032 (USD Billion)
- Figure 13. Strategic Analysis - North America Microcrystalline Cellulose Market
