Microcrystalline Cellulose Market Segmentation
Source (Wood-based, Cotton-based, and Bacteria-based)
The wood-based segment is predicted to gain the largest microcrystalline cellulose market share of 49.2% during the projected period by 2037. Wood-based MCC has a major presence in this space due to its high purity, low-cost materials, and sustainable sourcing. In 2023, the U.S. Forest Service reported that there has been an increased investment in sustainable forestry with a focus on extracting industrial cellulose, as required by green chemistry and renewable resource standards. Keeping these sustainability initiatives in mind, pulp produced from hardwood is more favorable for excipient manufacturers due to its better compressibility.
Application (Pharmaceutical, Food & Beverage, Cosmetics & Personal Care, and Paints & Coatings)
The pharmaceutical segment in the microcrystalline cellulose market is anticipated to constitute the most significant growth by 2037, with a 40.8% share. The pharmaceutical industry is the most significant consumer of MCC because it serves as an excipient in tablets. In solid dosage forms, MCC has various potential functions, including binder, filler, and disintegrant. The U.S. FDA has categorized cellulose as "Generally Recognized as Safe (GRAS)," allowing for widespread use in pharmaceutical dosage formulations. The increase in the aging population and growing consumer demand for over-the-counter (OTC) drugs have been the main drivers for growth in cellulose.
Our in-depth analysis of the microcrystalline cellulose (MCC) market includes the following segments:
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