According to 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 value is projected to increase considerably over 2021-2027.
 

Global cyclodextrin market growth is primarily driven by increasing cases of lifestyle diseases such as obesity and diabetes, along with prevalent product application in biopharmaceutical sector, cites the study.
 

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For the unversed, cyclodextrin is an oligosaccharide made up of sugar molecules linked together in different diameter rings. Glucopyranosides, the sugar units, are glucose molecules with a pyranose (six-membered) ring structure. The most common way to make cyclodextrin is to use a mixture of enzymes to break down starch.
 

Cyclodextrin is used in a wide range of industries, including pharmaceuticals, cosmetics, food industry, and detergents, due to its favorable structural and chemical qualities. It is often used in pharmaceuticals to improve bioavailability and water solubility.
 

Growing research and development initiatives aimed at development of natural and sustainable pharmaceutical goods are boosting the overall cyclodextrin market demand. Further, major industry companies are executing profitable strategies to capitalize on the aforementioned trends.
 

Citing an instance, CycloLab Cyclodextrin R&D Laboratory, Ltd., a leading cyclodextrin biotech firm, teamed up with Daicel Corporation, a Japanese chemical firm, in May 2021. The two firms investigated the bitter masking effect of -cyclodextrin in the formulation of orally disintegrating tablets using Daicel's patented excipient mixture, Granfiller D. (ODTs).
 

Geographically, Latin America market is expected to rise at a CAGR of 5% over 2021-2027. Meanwhile, Middle East and Africa industry is projected to expand with a CAGR of over 4.5% during the forecast period.
 

Coming to competitive terrain, Salvavidas Pharmaceutical Pvt. Ltd., Central Drug House (P) Ltd., Zhonglan Industry Co. Ltd., Ottokemi, Cyclolab Research & Development Ltd., Zibo Qianhui Biological Technology Co. Ltd., Wacker Chemie AG, and Shandong Xinda Biotechnology Co. Ltd. are among the prominent firms influencing worldwide cyclodextrin industry dynamics.