According to the 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 expected to rise exponentially during the period 2021-2027.
 

Extensive product application in the biopharmaceutical sector to enhance bioavailability and water-solubility of medicinal products, coupled with growing occurrences of chronic diseases like obesity and diabetes are propelling the growth of global cyclodextrin market. 
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4202325/
 

For the unversed, cyclodextrin is a carbohydrate that consists of sugar molecules linked together in a six-ring structure called glucopyranosides. It is primarily obtained by combing starch with enzymes and is used as anti-diabetic medicine due to its low glycemix index. 
 

Furthermore, increasing research activities emphasizing the innovation of natural and sustainable pharmaceutical products, combined with prominent players employing lucrative strategies to leverage the emerging trends are further accelerating the industry development. 
 

Besides this, its usage in cleaning agents due to its odor trapping properties is creating remunerative opportunities for businesses in this domain. 
 

Despite the positive outlook, the high cost of gamma and alpha-cyclodextrin is restricting their usage and is likely to hamper the overall progress of worldwide cyclodextrin industry in the forthcoming years. 
 

Based on application spectrum, the others segment is anticipated to progress at a CAGR of 4% during the forecast period.
 

From a regional standpoint, Latin America market is poised to grow at 5% CAGR during the assessment timeline. Whereas, Middle East & Africa market is anticipated to record 4.5% CAGR during the analysis period. 
 

The competitive landscape of global cyclodextrin market is defined by companies such as Salvavidas Pharmaceutical Pvt. Ltd., The Merck Group, Central Drug House Pvt. Ltd., Shandong Xinda Biotechnology Co. Ltd., Zhonglan Industry Co. Ltd., Roquette Frères S.A., Otto Chemie Pvt. Ltd., Wacker Chemie AG, Cyclolab Cyclodextrin R&D Ltd., and Zibo Qianhui Biological Technology Co. Ltd. among others.