As cited by the research report titled ‘Global Cyclodextrin Market Size, Share and Industry Analysis Report by Type (Alpha, Beta, Gamma] and Application (Pharmaceutical, Food & Beverage, Chemicals, Cosmetics & Personal Care), Regional Outlook, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global cyclodextrin market is estimated to expand significantly over 2021-2027.
Extensive product application across the biopharmaceutical sector coupled with rising incidences of chronic lifestyle diseases like diabetes and obesity are the major factors driving the global cyclodextrin market growth.
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For the record, cyclodextrin is an oligosaccharide comprised of sugar molecules that are connected in rings of different diameters. The sugar units are called as glucopyranosides, which are glucose molecules with a pyranose (six-membered) ring structure.
Cyclodextrin is normally obtained by treating starch with a combination of enzymes. Due to its exceptional structural and chemical properties, cyclodextrin is extensively used in cosmetics, pharmaceuticals, food, and detergents applications.
In addition, increasing research and innovation activities in natural and sustainable pharmaceutical products is enhancing the market outlook. Moreover, prominent players are using lucrative strategies to monetize emerging trends, thus positively swaying the market dynamics.
In April 2021 for instance, Ashland Global Holdings Inc. acquired Schülke & Mayr GmbH to improve its consumer business portfolio and enhance its microbiology and biotechnology capabilities.
Based on type, global cyclodextrin industry is segmented into alpha, beta, and gamma. Considering application range, the marketplace is categorized into pharmaceutical, chemicals, food & beverage, and cosmetics & personal care, including others. Among these, the others application segment is likely to expand at 4% CAGR, garnering notable returns over the forecast duration.
The regional scope of global cyclodextrin market consists of North America, Asia Pacific, Europe, and Latin America. Of these, Latin America market is likely to expand at 5% CAGR over 2021-2027.
Meanwhile, the Middle East & Africa market is poised to showcase 4.5% CAGR over the study duration.
Prominent players influencing the worldwide cyclodextrin industry trends are Salvavidas Pharmaceutical Pvt. Ltd., Central Drug House (P) Ltd., Zhonglan Industry Co. Ltd., Otto-Kemi Pvt. Ltd., Cyclolab Ltd., Zibo Qianhui Biological Technology Co. Ltd., Wacker Chemie AG, Roquette Frères, Shandong Xinda Biotechnology Co. Ltd., and Merck Group.
Question & Answer: Global Cyclodextrin Market
Question 1: How is the competitive landscape of worldwide cyclodextrin industry defined?
Answer: Leading players in the industry are Salvavidas Pharmaceutical Pvt. Ltd., Central Drug House (P) Ltd., Zhonglan Industry Co. Ltd., Otto-Kemi Pvt. Ltd., Cyclolab Ltd., Zibo Qianhui Biological Technology Co. Ltd., Wacker Chemie AG, Roquette Frères, Shandong Xinda Biotechnology Co. Ltd., and Merck Group.
Question 2: What are the key growth drivers of global patient infotainment terminal market?
Answer: Extensive product application in the worldwide biopharmaceutical sector coupled with growing rising incidences of chronic lifestyle diseases, like diabetes and obesity are the major factors driving the global cyclodextrin market growth.
Question 3: Why is cyclodextrin gaining worldwide recognition?
Answer: Since cyclodextrin is normally obtained by treating starch with a combination of enzymes, it tends to have exceptional structural and chemical properties, which in turn makes it an ideal use in cosmetics, pharmaceuticals, food, and detergents applications.
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