Key Findings
The Europe microcrystalline cellulose market is predicted to record growth at a CAGR of 5.19% in terms of revenue, and a CAGR of 4.79% with regard to volume, during the forecast period. The rising tourism, growing employment, minimal tariff, increasing industrialization & urbanization, fair trade policies, etc. are the factors estimated to contribute to the growth of the market. The growing consumption of processed & functional foods further boosts the demand for microcrystalline cellulose in the food & beverage industry.
Market Insights
The Europe microcrystalline cellulose market growth analysis includes the market assessment of France, the United Kingdom, Italy, Germany, Belgium, Poland, Russia, and the rest of Europe. In Germany, the increasing demand for functional foods is driving market growth. The rising health consciousness among the consumers has led to an increased demand for food & beverages with health-beneficial components. The well-being products and food that prevent certain diseases are in huge demand, along with low-fat products. The demand for functional foods has emboldened the country’s stance as a leader in Europe, with the organic food segment garnering a considerable number of sales within a decade. Germany leads when it comes to the food & beverage market development, since it is capable of meeting international challenges like rising demand for safe and healthy foodstuffs. Also, the dairy industry is one of the most innovative food & beverage industries in the country. Therefore, the growing trend of health and wellness food products provides lucrative market growth opportunities.
Competitive Insights
The renowned companies operating in the market are Accent Microcell Pvt Ltd, Sigachi Industries Pvt Ltd, DFE Pharma GmbH & Co KG, JRS Pharma GmbH & Co KG, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments