
In terms of capitalization, the global microcrystalline cellulose market is estimated to enroll itself in the billion-dollar business fraternity by 2024. The ongoing expansion of the pharmaceutical domain undoubtedly is one of the pivotal forces driving the overall industry size, as the product is extensively utilized as an excipient in drug formulation. Ever since its inception, microcrystalline cellulose has made its presence felt in the pharma domain as an extremely important tableting agent pertaining to its compressibility properties. Reportedly, the product's small bulk density and flow characteristics make it suitable for any kind of oral dosage.