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Cyclodextrin Market Share

Report ID: GMI5116
Published Date: Jul 2024
Report Format: PDF

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Cyclodextrin Market Share

Companies such as Wacker, Roquette Frères, Cyclolab, Ensuiko Sugar Refining, and Ashland are strategically expanding their presence in the cyclodextrin industry through substantial investments. These firms are leveraging their financial resources to enhance research and development capabilities, aiming to innovate new Cyclodextrin-based products tailored to diverse industry needs. Wacker, known for its expertise in specialty chemicals, and Roquette Frères, a global leader in plant-based ingredients, are focusing on sustainable and bio-based Cyclodextrin solutions to meet rising consumer demands for environmentally friendly products. Cyclolab and Ensuiko Sugar Refining are strengthening their manufacturing capabilities to scale production and cater to growing market demand.

Ashland, with its strong presence in specialty chemicals and pharmaceutical excipients, is investing in advanced technologies to improve Cyclodextrin functionalities and applications across pharmaceuticals, food, and personal care sectors. These strategic investments underscore the companies' commitment to capturing market share and driving innovation in the Cyclodextrin industry amidst evolving global market dynamics.

Cyclodextrin Market Companies

Top companies operating in the cyclodextrin industry include:

Wacker
Ensuiko Sugar Refining
Ashland
Shandong Xinda Biotechnology Co., Ltd.
Cyclolab
Roquette Frères
Zhonglan Industry Co., Ltd.
Merck KGaA
Ottokemi
Zibo Qianhui Biological Technology Co., Ltd.
Central Drug House
Salvavidas Pharmaceutical Pvt. Ltd.
Mengzhou Huaxing Biochem Co., Ltd.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size of cyclodextrin reached USD 289.3 million in 2023 and is set to grow at over 3.3% CAGR from 2024 to 2032, due to increasing consumption of dietary supplements.

The beta-cyclodextrin segment is projected to reach USD 196.2 million by 2032, owing to its widespread use in pharmaceuticals, where it enhances drug solubility and stability.

North America market is poised to witness 3.5% CAGR from 2024 to 2032, driven by increasing applications across pharmaceuticals, and food & beverage.

Wacker, Ensuiko Sugar Refining, Ashland, Shandong Xinda Biotechnology Co., Ltd, Cyclolab, Roquette Fr