Microcrystalline Cellulose Market, by Source Type (Wood Based and Non-wood Based), by End-use Industry (Pharmaceutical, Food & Beverages, Cosmetics & Personal Care and Others), and by Region - Global Trends, and Forecast till 2025

Global Microcrystalline Cellulose Market – Insights

Microcrystalline is refined wood pulp and chemically inert substance, extensively used in food, pharmaceuticals, cosmetic, and polymer composite industries. This is owing to its non-toxicity, renewability, biodegradability, and mechanical properties such as high surface area and bio compatibility.  In processed food products, it is used as an emulsifier, stabilizer, anti-caking agent, texture modifier, stabilizer, a fat substitute, and a suspending agent.

Increasing application of microcrystalline cellulose in various industries is a major factor propelling growth of the global microcrystalline cellulose market. For instance, microcrystalline cellulose is used as stabilizer, gelling agent, suspending agent, and anti-caking agent in beverages. It is also used as a cold and hot stabilizer, in frozen food, ice cream, and canned meat, in order to improve the shelf life of the product. Furthermore, MCC (Microcrystalline Cellulose) is widely used in pharmaceuticals, owing to its tasteless, odor less, and chemical inertness properties. According to the International Trade Administration, in 2016, the global market for pharmaceuticals is projected to grow from around US$ 1 trillion in 2015 to US$ 1.3 trillion by 2020, with an annual growth rate of 4.9%. The steadily growing pharmaceutical industry is expected to support the market growth of microcrystalline cellulose over the forecast period. However, high production cost along with low production yield are major factors hampering growth of the market.

Among end-use industries, pharmaceutical segment accounted for a dominant share in the market in 2016, owing to high use of microcrystalline cellulose in pharmaceutical. This is due to its chemical inertness and dry binding properties. Furthermore, food and beverage segment is expected to exhibit a substantial growth in the global microcrystalline cellulose market over the forecast period. This is due to wide application of MCC in various food and beverages including desserts, frozen food, dairy products, and baked goods.  In addition to this, it is also used as a fat replacer and helps maintain the food consistency.

Global Microcrystalline Cellulose Market Share (%), by Region, 2016

microcrystalline cellulose market

Source: Coherent Market Insights (2018)

North America held the dominant position, in terms of revenue, in the global microcrystalline cellulose market in 2016, and accounted for a share of 30.47%. This is attributed to steadily growing food and pharmaceutical industries as microcrystalline cellulose has high penetration in pharmaceuticals and is extensively used as functional ingredient in food and beverages. According to the International Federation of Pharmaceutical Manufacturers and associations (IFPMA), the share of US in the global pharmaceutical market is expected to increase from 40.3% in 2015 to 40% in 2020. Moreover, increasing demand for low fat food, owing to growing obese population in the region is a factor expected to support growth of the market over the forecast period. This is as MCC is gaining popularity as a cellulose-based fat replacer and is widely used in sauces, dairy products, salad dressings, and frozen desserts. According to the Center for Disease Control and Prevention (CDC), during 2011–2014, the prevalence of obesity was 36.5% among the total adults in the U.S.

Asia Pacific is projected to be the fastest growing region in the global microcrystalline cellulose market, registering the highest CAGR of 7.33% over the forecast period. Rapidly growing food and pharmaceutical industries in the region is positively affecting growth of the market. Increasing demand for pharmaceutical products is majorly driven by steadily growing geriatric population in Asia Pacific.  According to the World Bank, growth rate of the geriatric population in East Asia is higher as compared to other parts of Asia Pacific. In 2010, over 211 million residents were recorded under the category of geriatric population in East Asia, out of which, China accounted for around 130 million residents.

Major players operating in the global microcrystalline cellulose market include FMC Corporation, Asahi Kasei Corporation, Juku Orchem Private Limited, Mingtai Chemical Co. Ltd., Blanver, J Rettenmaier & Shone GmbH + Co Kg, Singachi Industries Pvt. Ltd., Accent Microcell Pvt. Ltd., and DFE Pharma.

Cellulose is an organic substance, with high content of fiber. It is extensively used in packaged food products, in order to enhance their shelf life and to enhance their nutritional value. Pure cellulose is available in the market in various forms such as  microcrystalline cellulose (MCC), powdered cellulose (PC), and low crystallinity powdered cellulose (LCPC). The difference between various forms of cellulose is related to the size, shape and degree of crystallinity of their particles. Microcrystalline cellulose (MCC) is largely gaining popularity and is used extensively in the pharmaceutical sector. It is a purified and partly depolymerized cellulose with shorter crystalline polymer chains. MCC is widely used as a binder and fillers in drug formulations, owing to its strong binding performance.  In addition to this, microcrystalline cellulose is also useful in the food & beverages and cosmetics & personal care industries.

Market Dynamics

The development of new grades of microcrystalline cellulose  with improved pharmaceutical charecteristics including silisified microcrystalline cellulose (SMCC) and second generation MCC grades, is expected to increase its penetration in the pharmaceutical industry, and support the market growth of microcrystalline cellulose as well. Further, the wide applicability of microcrystalline cellulose is considered as another factor, driving the growth of the market. Microcrystalline cellulose  is widely used in packaged food as a    as a texturizing and anti-caking agents and is also used in cosmetics and personal care products such as hair and skin care products.

North America held a dominant position in the global microcrystalline cellulose market in 2016, owing to the growing pharmaceutical industry in the region. According to the European Federation of Pharmaceutical Industries and Associations, in 2016, North America accounted for the largest share in the world pharmaceutical market with 49% share. In addition to this, due to this low calorie food is gaining popularity among obese population in the region. This in turn, is expected to support this market growth, as microcrystalline cellulose is majorly used as a cellulose based fat replacer in dairy products, sauces, and frozen desserts.   

Key features of the study:

  • This report provides in-depth analysis of the microcrystalline cellulose market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025)
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It profiles leading players in the global microcrystalline cellulose market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
  • The global market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the microcrystalline cellulose market

Detailed Segmentation:

  • Global Micro Crystalline Cellulose Market, By Source Type:
    • Wood Based
    • Non-Wood Based
      • Bacteria
      • Fungi
      • Marine Animals
      • Algae
  • Global Micro Crystalline Cellulose Market, By End-use Industry:
    • Pharmaceutical
    • Food & Beverages
    • Cosmetics & Personal Care
    • Others  
  • Global Micro Crystalline Cellulose Market, By Geography:
    • North America
      • U.S.
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Canada
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
    • Europe
      • U.K.
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Germany
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Italy
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • France
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Spain
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Russia
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Rest of Europe
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
    • Asia Pacific
      • China
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • India
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Japan
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • ASEAN
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Australia
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • South Korea
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Rest of Asia Pacific
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
    • Latin America
      • Brazil
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Mexico
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Argentina
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Rest of Latin America
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
    • Africa
      • Northern Africa
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Central Africa
        • By Source Type:
          • Wood Based
          • Non-Wood Based
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • South Africa
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
    • Middle East
      • GCC
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
      • Israel
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others
      • Rest of Middle East
        • By Source Type:
          • Wood Based
          • Non-Wood Based
            • Bacteria
            • Fungi
            • Marine Animals
            • Algae
        • By End-use Industry:
          • Pharmaceutical
          • Food & Beverages
          • Cosmetics & Personal Care
          • Others  
  • Company Profiles
    • FMC Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Asahi Kasei Corporation
    • Juku Orchem Private Limited
    • Mingtai Chemical Co. Ltd.
    • Blanver Farmoquinica Ltda
    • J Rettenmaier & shone GmbH + Co Kg
    • Singachi Industries Pvt. Ltd.
    • Accent Microcell Pvt. Ltd.
    • DFE Pharma

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Source Type
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Microcrystalline Cellulose Market, By Source Type, 2016–2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, 2016–2025
      • Segment Trends
    • Wood Based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
    • Non-Wood Based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
        • Bacteria
        • Fungi
        • Marine Animals
        • Algae
  5. Global Microcrystalline Cellulose Market, By End-use Industry, 2016–2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, 2016–2025
      • Segment Trends
    • Pharmaceutical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
    • Food and Beverages
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
    • Cosmetics & Personal Care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Million)
  6. Global Microcrystalline Cellulose Market, By Region, 2016–2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, For Regions, 2016–2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • China
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth  Analysis, By Country, 2016–2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016–2025 (US$ Million)
          • Market Size and Forecast, By End-use Industry, 2016–2025 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • FMC Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Asahi Kasei Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Juku Orchem Private Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Mingtai Chemical Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Blanver
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • J Rettenmaier & Shone GmbH + Co Kg
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Singachi Industries Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Accent Microcell Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • DFE Pharma
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 80 market data tables* and 50 figures* on "Microcrystalline Cellulose Market” - Global forecast to 2025.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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