Cyclodextrin Market Outlook 2024-2031: Trends and Opportunities/ Ashland Global Holdings Inc., Akhil Healthcare Pvt. Ltd., Cayman Chemical Co.

Cyclodextrin Market is anticipated to grow at a significant CAGR of around 4.9% during the forecast period. The growing use of cyclodextrin in pharmaceutical industry is propelling  the market growth. Cyclodextrins are used to improve the aqueous solubility of poorly soluble drugs in pharmaceutical and nutraceutical products. They convert liquid drugs into microcrystalline powder or amorphous powder, which is then used to make tablets. They also reduce the irritation caused by gastrointestinal medications. Because of these factors, cyclodextrin has a high drug compatibility and is primarily used in pharmaceutical formulations. As it is less expensive and more readily available than other cyclodextrins, beta cyclodextrin is widely used in the production of Remdesivir injections as well. For instance, in March 2020, Gilead Sciences, Inc., an american biotech company, discovered and developed Remdesivir (GS-5734), a promising antiviral agent marketed as 'Veklury' for the treatment of COVID-19 infection. Overall, the COVID-19 is expected to have a moderate impact on the global cyclodextrin market's growth.

The increasing use of cyclodextrin in personal care products such as deodorants and antiperspirants from last few years has contributed significant share in the makret growth. Due to growing concern regarding use of chemical ingredients used in deodorants and antiperspirants, manufactueres are more focused towards using effective ingredients such as cyclodextrins, which in turn, creating huge scope for the market growth. 

The global cyclodextrin market is segmented based on the type and application. Based on the type, the market is sub-segmented into alpha- cyclodextrins, beta- cyclodextrins and gamma- cyclodextrins. Among these, beta-cyclodextrins segment is likely to show notable growth in the market during the forecast period. The growing demad for beta-cycodextrins in food industry as food additives to enhance the quality of the product is driving the market growth. Based on the application, the market is sub-segmented into the food and beverages, pharmaceuticals, cosmetics and personal care and others. 

To Request a Sample of our Report on Cyclodextrin Market:  https://www.omrglobal.com/request-sample/cyclodextrin-market

Cyclodextrins Market Segmentation

By Type

Alpha - Cyclodextrins
Beta - Cyclodextrins
Gama - Cyclodextrins

By Application

Food and Beverages
Pharmaceutical 
Cosmetics and Personal Care
Others (Agricultural, Chemical, Environmental )

A full Report of Cyclodextrin Market is Available @  https://www.omrglobal.com/industry-reports/cyclodextrin-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Ashland Global Holdings Inc.
Akhil Healthcare Pvt. Ltd.
Cayman Chemical Co.
CaptisolPharmaceuticals, Inc.
Central Drug House (P) Ltd.
Fengchen Group Co. Ltd.
Gangwal Chemicals Pvt. Ltd.
Geno Pharmaceuticals Pvt. Ltd.
Junuv Chemicals & Pharmaceuticals 
Nihon ShokuhinKako Co. Ltd.
Otto Chemie Pvt. Ltd.
Salvavidas Pharmaceuticals Pvt. Ltd.
Shandong BinzhouZhiyuan Biotechnology Co. Ltd.
Zhonglan Industry Co. Ltd.
Zibo Qianhui Biological Technology Co. Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cyclodextrin-market

Visit more report on: https://www.linkedin.com/posts/mansi-jain-32a20b1a4_market-activity-7174636250690142208-w5kO?utm_source=share&utm_medium=member_desktop
https://www.linkedin.com/posts/mansi-jain-32a20b1a4_fruit-concentrate-market-is-anticipated-to-activity-7176205242055671808-WgaO?utm_source=share&utm_medium=member_desktop

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.