The Europe Cyclodextrin Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 165.67 Tonnes, showcasing a growth of 17.6% (2020-2023).
Alpha-cyclodextrin, a type of cyclodextrin, plays a crucial role in the market across various industries. In pharmaceutical applications, pharmaceutical grade this serves as a solubilizing agent, enhancing the aqueous solubility of poorly water-soluble drugs. This property is pivotal in drug development, as it improves the bioavailability and therapeutic efficacy of medications. Therefore, the demand of this product in Germany was 3.50 Tonnes in 2023.
The Germany market dominated the Europe Cyclodextrin Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $30,374.9 Thousands by 2031. The UK market exhibits a CAGR of 5.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5.8% during (2024 - 2031).
In the food industry, cyclodextrins serve as encapsulating agents for flavour compounds, fragrances, and sensitive ingredients such as vitamins and antioxidants. These helps preserve their integrity, extend shelf life, and prevent flavour degradation by encapsulating these volatile or sensitive compounds. They also contribute to flavour modulation and texture enhancement in various food products, including beverages, confectionery, and baked goods.
Cyclodextrins are crucial in cosmetics and personal care products by improving active ingredients’ stability, solubility, and skin penetration. They are used in skincare formulations to encapsulate antioxidants, moisturizers, and UV filters, enhancing their efficacy and prolonging their activity on the skin. These also contribute to developing encapsulated delivery systems for targeted skincare applications, such as anti-aging and skin brightening.
With the expansion of the pharmaceutical industry in Belgium, there will likely be a surge in the demand for this product as pharmaceutical excipients. Belgian pharmaceutical companies may increasingly utilize this in drug formulations to enhance solubility, stability, and bioavailability, driving local demand for these products. In conclusion, the increasing cosmetics and pharmaceutical industries are driving the market’s growth.
Free Valuable Insights: The Global Cyclodextrin Market will Hit USD 504.3 Million by 2031, at a CAGR of 5.6%
Based on Type, the market is segmented into Beta-Cyclodextrin, Alpha-Cyclodextrin, and Gamma-Cyclodextrin. Based on End-use, the market is segmented into Pharmaceutical, Food, Cosmetics & Personal Care, Chemical, Textile and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Type (Volume, Tonnes, USD Million, 2020-2031)
By End-use (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 