USD 279.70 million
Cyclodextrin Market Size, Share, Growth Analysis, By Type(Alpha-cyclodextrin, Beta-cyclodextrin, Gamma-cyclodextrin, and CD Derivatives), By Application(Food & Drinks, Pharmaceutical, Cosmetic, and Others), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35I2315 |
Region:
Global |
Published Date: June, 2024
Pages:
219
|Tables:
65
|Figures:
80
Cyclodextrin Market Insights
Cyclodextrin Market size was valued at USD 289.21 Million in 2023 and is poised to grow from USD 299.04 Million in 2024 to USD 390.75 Million by 2032, growing at a CAGR of 3.4% during the forecast period (2025-2032).
The worldwide cyclodextrin marketplace is experiencing massive increase and evolution, usually driven by means of its numerous range of applications in various industries. Cyclodextrins are cyclic oligosaccharides composed of glucose molecules and are renowned for his or her ability to form inclusion complexes with a big range of molecules. This specific property has led to their usage in sectors such as pharmaceuticals, meals and drinks, cosmetics, and extra. In the pharmaceutical enterprise, cyclodextrins are extensively employed to improve the solubility and bioavailability of poorly soluble capsules. This has come to be more and more vital in drug development, as many promising therapeutic compounds suffer from low solubility, hindering their powerful use. Cyclodextrins enable these compounds to be formulated in an extra bioavailable and powerful way. In the food and beverage zone, cyclodextrins discover packages as encapsulating marketers, taste enhancers, and stabilizers. They assist to mask unwanted tastes or odors, enlarge the shelf existence of products, and enhance the overall sensory revel in for clients. The cosmetic enterprise also benefits from cyclodextrins, particularly in the method of skincare and fragrance products. Cyclodextrins can encapsulate unstable or sensitive lively components, ensuring their balance and controlled release upon utility. Moreover, cyclodextrins have environmental applications, which includes within the removal of pollutants and pollutants from water and soil, making them increasingly more applicable in sustainability efforts.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Pharmaceutical
Fastest Growth
Food & Drinks
Growth Rate
3.4% CAGR
Cyclodextrin Market ($ Mn)
Country Share North America for Region (%)
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Cyclodextrin Market Segmental Analysis
The global cyclodextrin market is segmented on the basis of Type, Application, and region. By Type, the market is segmented into Alpha-cyclodextrin, Beta-cyclodextrin, Gamma-cyclodextrin, CD Derivatives. By Application, the marketplace is segmented into Food & Drinks, Pharmaceutical, Cosmetic, Others. By vicinity, the marketplace is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Type
In the worldwide cyclodextrin market, Beta-cyclodextrin is the dominant segment mainly because of its tremendous packages in numerous industries along with pharmaceuticals, meals and beverages, and cosmetics. Its specific ability to encapsulate and stabilize a wide range of molecules, in particular hydrophobic compounds, makes it a favored preference for drug formula, taste and perfume encapsulation, and other product formulations. The pharmaceutical industry, specifically, is based closely on Beta-cyclodextrin for enhancing the solubility and bioavailability of poorly water-soluble drugs, which is an enormous driver of its dominance in the market.
On the alternative hand, Gamma-cyclodextrin is the fastest-growing section due to its increasing adoption inside the pharmaceutical and nutraceutical industries. Gamma-cyclodextrin offers benefits including improved balance and solubility of energetic components, making it appropriate for a wide variety of drug formulations and nutritional supplements. The developing demand for innovative drug shipping structures and the growing reputation of dietary dietary supplements are driving the speedy growth of Gamma-cyclodextrin inside the market.
Analysis By Application
In the worldwide cyclodextrin market, the pharmaceutical application segment would be the dominant segment. Cyclodextrins are broadly used inside the pharmaceutical enterprise for drug method and shipping because of their capability to enhance the solubility, stability, and bioavailability of poorly water-soluble tablets. This software addresses the enterprise's ongoing want to enhance drug efficacy and patient compliance, making it a dominant and continually growing area in the global cyclodextrin market.
On the alternative hand, the fastest-developing phase inside the cyclodextrin marketplace is the meals & drinks application. Cyclodextrins find growing usage in the meals and beverage industry as encapsulation marketers, taste enhancers, and stabilizers. They mask undesirable flavors, shield touchy components, and enhance the general high-quality of food and beverage merchandise. With consumers becoming greater fitness-conscious and stressful herbal and sustainable substances in their foods and drinks, Cyclodextrins are increasingly desired by producers for reaching those objectives, hence driving rapid increase in this section.
Cyclodextrin Market By Application
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Cyclodextrin Market Regional Insights
The international cyclodextrin Market is analyzed based totally on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America, particularly the United States, has traditionally been a dominant region in the worldwide cyclodextrin market. This dominance can be attributed to the extensive use of cyclodextrins in various industries, along with prescribed drugs, food and beverage, cosmetics, and textiles. In the pharmaceutical zone, cyclodextrins are applied for drug formulation and delivery, which is a major driving force of the marketplace. Additionally, the properly-established meals and beverage enterprise in North America additionally contributes to the call for cyclodextrins as encapsulation marketers and taste enhancers. Regulatory approvals and a strong presence of key gamers further solidify North America's dominance within the cyclodextrin marketplace.
As for the fastest growing sector, Asia-Pacific, especially international locations like China and India, is expected to be the fastest-developing place inside the international cyclodextrin marketplace. The increase is driven by several elements, such as a growing population, growing disposable earnings, and growing recognition of the benefits of cyclodextrins in various applications. Moreover, the pharmaceutical and food industries in Asia-Pacific are increasing swiftly, growing a better demand for cyclodextrin-based products. Additionally, the vicinity's thriving cosmetics and personal care industry additionally contributes to the marketplace's increase. Furthermore, advancements in studies and improvement sports associated with cyclodextrins in international locations like China are anticipated to foster innovation and drive market boom inside the Asia-Pacific region.
Cyclodextrin Market By Region
- Largest
- Fastest
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Cyclodextrin Market Dynamics
Drivers
Increasing Demand in Pharmaceutical Applications:
- Cyclodextrins are broadly used in the pharmaceutical enterprise to enhance the solubility, stability, and bioavailability of poorly water-soluble capsules. As the pharmaceutical enterprise continues to develop and develop new drug formulations, the call for cyclodextrins as excipients and drug transport structures is expected to upward push considerably.
Growing Awareness of Green Chemistry:
- Cyclodextrins are taken into consideration environmentally friendly and sustainable excipients. With the increasing emphasis on inexperienced chemistry and sustainable production techniques, cyclodextrins are getting increasingly popular as replacements for less green excipients and chemical compounds. This shift in the direction of sustainability is anticipated to power the demand for cyclodextrins in numerous programs.
Restraints
High Production Costs:
- The production of cyclodextrins includes complex enzymatic approaches, which can be luxurious and resource-intensive. High production charges can restrict the affordability and good sized adoption of cyclodextrins in a few industries, specially in decrease-margin sectors.
Regulatory Challenges:
- Cyclodextrins are used in diverse industries, together with food and prescribed drugs, in which strict regulatory requirements and protection requirements follow. Meeting those regulatory requirements may be challenging, and any modifications in guidelines can impact the market. Additionally, the approval procedure for new cyclodextrin-based total merchandise can be time-ingesting and high priced, appearing as a restraint on market boom.
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Cyclodextrin Market Competitive Landscape
The global cyclodextrin market presents a competitive landscape characterized by the presence of several key players vying for market share and striving to maintain their competitive edge. Companies like Wacker Chemie AG, Roquette Frères, Merck KGaA, and CycloLab Cyclodextrin Research & Development Laboratory are prominent players in this market. These companies engage in various strategies to maintain their positions. Investments in research and development are crucial for the development of novel cyclodextrin-based products and applications. Partnerships and collaborations with other industry players and research institutions are common to expand product portfolios and market reach. Additionally, the market features a multitude of niche and regional players, each focusing on specific applications and customer segments. The competition often centers on product quality, pricing, and customization to meet the diverse demands of sectors like pharmaceuticals, food and beverages, and cosmetics. As the awareness of cyclodextrin's versatile properties grows across different industries, and the demand for green and sustainable solutions increases, the competitive landscape of the global cyclodextrin market is likely to remain dynamic, with ongoing innovations and strategic alliances shaping the market's future direction.
Top Player’s Company Profile
- Wacker Chemie AG - Germany
- Roquette Frères - France
- Cargill, Incorporated - United States
- Merck KGaA - Germany
- Ashland Global Holdings Inc. - United States
- ACG Worldwide - India
- Ligand Pharmaceuticals - United States
- Nihon Shokuhin Kako Co., Ltd. - Japan
- Captisol (Ligand Pharmaceuticals) - United States
- Ensuiko Sugar Refining Co., Ltd. - Japan
- Nandu Chemical Industries - India
- Cyclolab Ltd. - Hungary
- Tokyo Chemical Industry Co., Ltd. - Japan
- Cyclodextrin Research & Development Laboratory - United States
- Avantor, Inc. - United States
- Cayman Chemical Company - United States
- Cyclodextrin Sulphate - United Kingdom
- Sigma-Aldrich Corporation (now part of Merck) - United States
- Akshar Chem - India
- Cyclodextrin News - United States
- Rochem International Inc. - United States
- Nanocs Inc. - United States
- Rochem Separation Systems - United States
- Guangdong Zhiyuan New Material Co., Ltd. - China
- Jiangsu Fengyuan Bioengineering Co., Ltd. - China
Recent Developments
- In January 2023: Cyclolab announced the launch of its new cyclodextrin-primarily based drug shipping gadget for the treatment of most cancers.
- In February 2023: Roquette announced the growth of its cyclodextrin production potential in France.
- In March 2023: American Crystal Sugar introduced the construction of a brand new cyclodextrin production facility within the United States.
- In April 2023: TCI Chemicals announced the launch of its new line of cyclodextrin derivatives.
- In May 2023: Jungbunzlauer introduced the acquisition of a cyclodextrin manufacturing facility in China.
Cyclodextrin Key Market Trends
- Growing Applications in Pharmaceuticals and Food Industries: Cyclodextrins are cyclic oligosaccharides which have received reputation in numerous industries because of their capability to form inclusion complexes with an extensive range of molecules. In the pharmaceutical enterprise, they are used to enhance the solubility and bioavailability of poorly soluble drugs. Additionally, inside the food industry, cyclodextrins are utilized to improve the stability of positive substances and to mask unwanted flavors or odors. The call for cyclodextrins in these sectors changed into anticipated to preserve development in 2021, pushed by way of the need for revolutionary answers to enhance product exceptional and efficacy.
Expanding Use in Environmental Remediation: Cyclodextrins have shown promise in environmental programs, in particular in soil and water remediation. They can encapsulate and remove contaminants, consisting of organic pollutants and heavy metals, from soil and water, making them a green and green solution for environmental cleanup. As environmental concerns and regulations persevered to conform, the adoption of cyclodextrins for environmental remediation became expected to grow in 2021 and past.
Cyclodextrin Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our worldwide cyclodextrin marketplace evaluation, the market has witnessed a big boom in recent years due to its numerous packages across numerous industries. Cyclodextrins are cyclic oligosaccharides derived from starch and are valued for his or her capacity to encapsulate and stabilize a wide range of compounds, making them highly flexible in industries inclusive of prescribed drugs, meals and drinks, cosmetics, and agriculture. In the pharmaceutical area, cyclodextrins are significantly used to improve the solubility and bioavailability of poorly water-soluble tablets, thereby enhancing their therapeutic efficacy. This has led to increased studies and improvement efforts within the pharmaceutical industry, riding the call for cyclodextrins. Furthermore, cyclodextrins are employed in the meals and beverage enterprise as encapsulating dealers for flavors, fragrances, and meals components, contributing to improved product best and customer delight. In cosmetics, cyclodextrins are used to stabilize and deliver lively ingredients, making them an critical component of many skin care and private care merchandise.
The developing awareness of environmental sustainability has also brought about the adoption of cyclodextrins in agriculture as green options for pesticide and fertilizer transport. Overall, the worldwide cyclodextrin marketplace is poised for sustained growth, driven by using its multifaceted packages and the increasing call for progressive solutions in diverse industries. However, regulatory issues and the need for price-effective production methods may be crucial elements influencing marketplace dynamics inside the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 279.70 million |
| Market size value in 2031 | USD 377.90 million |
| Growth Rate | 3.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Cyclodextrin Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Cyclodextrin Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Cyclodextrin Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cyclodextrin Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cyclodextrin Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cyclodextrin Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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