Sep 19, 2019   SOURCE: BusinessWire

Global Microcrystalline Cellulose Market Forecast to Reach $1.3 Billion by 2025 - ResearchAndMarkets.com

The "Global Microcrystalline Cellulose Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.

The Global Microcrystalline Cellulose Market size is expected to reach $1.3 billion by 2025, rising at a market growth of 5.8% CAGR during the forecast period.

The growing demand for processed food & beverage drives the growth of microcrystalline cellulose market. Furthermore, a continuous increase in drug consumption like tablets and capsules adds to market growth.

However, coupled with the accessibility of substitute products such as magnesium stearate and carboxymethyl cellulose (CMC), the high cost of the microcrystalline cellulose is anticipated to restrain industry development.

On the contrary, increased demand for microcrystalline cellulose is anticipated to generate a profitable opportunity for future market growth in emerging countries.

The market research report covers the analysis of key stakeholders 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 Study

By Source Type

  • Wood Based
  • Non-Wood Based

By Application

  • Pharmaceutical
  • Food & Beverage
  • Cosmetics & Personal Care
  • Other Applications

Companies Profiled

  • Rayonier Advanced Material Inc.
  • Accent Microcell Pvt. Ltd.
  • JRS Pharma L.P.
  • Sigachi Industries Pvt. Ltd.
  • Huzhou Zhanwang Pharmaceutical Co. Ltd.
  • Roquette Freres S.A.
  • Avantor Performance Materials Inc.
  • FMC Corporation
  • Asahi Kasei Corporation
  • Mitsubishi Chemical Holdings Corporation

For more information about this report visit https://www.researchandmarkets.com/r/q5bihy