North America Microcrystalline Cellulose Market Size Worth $1,058.00 Million By 2032 | CAGR: 7.4%

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.

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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 Frères, 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

Microcrystalline Cellulose Report Scope