According to a new report, published by KBV research, The Global Cyclodextrin Market size is expected to reach $504.3 million by 2031, rising at a market growth of 5.6% CAGR during the forecast period. In the year 2023, the market attained a volume of 873.18 Tonnes, experiencing a growth of 17.7% (2020-2023).
The growing trend toward functional foods and nutraceuticals has spurred the adoption of cyclodextrins as encapsulating agents for bioactive compounds, vitamins, and antioxidants. Cyclodextrin inclusion complexes enhance the stability and bioavailability of these ingredients, facilitating their incorporation into dietary supplements, fortified foods, and functional beverages. Additionally, with increasing emphasis on sustainability and environmental responsibility, there is a growing adoption of cyclodextrins derived from renewable sources, such as starch.
Several notable trends are shaping the cyclodextrin market, influencing research, development, and commercialization efforts across various industries. These trends reflect evolving consumer preferences, technological advancements, and regulatory landscapes. For instance, researchers and industry stakeholders are exploring novel applications for cyclodextrins beyond their traditional domains. This includes investigating their potential in areas such as environmental remediation, where cyclodextrins could be used to encapsulate and remove pollutants from soil and water systems.
The Beta-Cyclodextrin segment is registering maximum revenue in the Global Cyclodextrin Market by Type in 2023; thereby, achieving a market value of $330.2 Million by 2031. Beta-cyclodextrin exhibits superior solubility characteristics compared to other cyclodextrin isomers, making it more versatile in various applications. Its larger cavity size also provides greater inclusion capacity for hydrophobic molecules, enhancing its effectiveness as a complexing agent.
The Food segment is experiencing a CAGR of 5.3% during (2024 - 2031). Cyclodextrins can improve the stability and shelf-life of food products by encapsulating sensitive ingredients such as flavors, colors, and nutrients. By protecting these ingredients from degradation caused by light, heat, oxygen, and moisture, cyclodextrins help maintain the quality and freshness of food products over time.
Full Report: https://www.kbvresearch.com/cyclodextrin-market/
The North America region dominated the Global Cyclodextrin Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $216.1 Million by 2031. The Europe region is anticipated to grow at a CAGR of 5.4% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.2% during (2024 - 2031).
By Type (Volume, Tonnes, USD Million, 2020-2031)
By End-use (Volume, Tonnes, USD Million, 2020-2031)
By Geography (Volume, Tonnes, USD Million, 2020-2031)
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