Microcrystalline Cellulose (MCC) Market $1,627.0 million by 2027
The report " Microcrystalline Cellulose (MCC) Market by Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care,), Raw Material Source (Wood-based, Non-wood-based), and Region (North America, Europe, APAC, RoW) - Global Forecasts to 2027", Microcrystalline Cellulose (MCC) Market is projected to reach USD 1,627.0 million by 2027, at a CAGR of 7.0% between 2019 and 2027. The pharmaceutical application segment is projected to register the highest CAGR in terms of both value and volume during the forecast period. The growth of the global MCC market is dependent on the growth of the pharmaceutical excipient market. MCC acts as a filler, binder, disintegrant, suspending agent, lubricant, and glidant in pharmaceutical manufacturing. It is used in the direct compression method as it reduces the production cost. MCC is a vital component that is used in every form of oral dosage, which includes pellets, capsules, tablets, sachets, and others. ...