Microcrystalline Cellulose: Demand from Pharmaceutical Industry to Drive Global Market to US$936.3 Mn by 2020
Transparency Market Research announces the release of a new research report, titled “ Microcrystalline Cellulose Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ”. According to the report, the global microcrystalline cellulose (MCC) market is forecast to reach a value of US$936.3 million by 2020. The MCC market was pegged at US$632.9 million in 2013 and is anticipated to grow at a 5.8% CAGR from 2014 to 2020.The global MCC market is primarily driven by factors such as growth of the pharmaceutical excipient industry and surge in demand for low-fat foods. The use of eco-friendly raw materials for the production of MCC has been identified as an opportunity for manufacturers to capitalize on. In contrast, the MCC market is hampered by high cost of production and comparatively low yield. View exclusive Global strategic Business Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2455...