Microcrystalline Cellulose (MCC) Market Analysis By Industry Size, And Share, Manufacturers, Demand, Forecast 2027
Global microcrystalline cellulose (MCC) market is expected to grow at a substantial CAGR during the forecast period. The global microcrystalline cellulose (MCC) market is driven by increasing demand for processed food across the globe. In addition to this, rising manufacturing of pharmaceuticals and cosmetic products is further expected to bolster the growth of market over the next few years. Rapidly growing middle class population and increasing disposable income are other factors driving the market growth. The global microcrystalline cellulose (MCC) market is segmented based on type, application, company, and region. Based on type, the market can be categorized into wood based and non-wood based. The non-wood based source type is expected to witness a faster growth rate in this market over the coming years which can be attributed to the fact that cost of MCC produced from non-wood-based source is very less when compared to the wood-based MCC because the raw material used...