Cyclodextrin Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2021

The growing pharmaceutical business amidst the ongoing coronavirus pandemic phase has indeed offered significant impetus to the global cyclodextrin market expansion. The product is used as a raw material in the Remdesivir injections. This implies that the surging sales of Remdesivir injections have had an impeccable impact on cyclodextrin market trends during 2020-2021.

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According to reliable estimates, India exported nearly 11 lakh injections of Remdesivir for COVID-19 treatment between October 2020 to April 2021 to more than 100 countries. Moreover, as the demand for these injections increased multifold, different countries announced waiving the import duty on the drug’s raw material and injections.

To illustrate, the Indian government waived customs duty on Remdesivir active pharmaceutical ingredients, beta-cyclodextrin used in the production of the anti-viral drug, and Remdesivir injection.

Meanwhile, various studies claim that using a mouthwash consisting of beta-cyclodextrin and citrox, available in pharmacies, would help reduce the SARS-CoV-2 infection load in saliva. Such efforts and citations are anticipated to offer a profitable push to the cyclodextrin market growth over the forecast period of 2021-2027.

Increased inclination towards a healthy lifestyle to support alpha-cyclodextrin demand

Consider the following pointers:

  • More than 2 billion adults were overweight in 2020, out of which nearly 600 million were obese.
  • If the occurrence of obesity continues at its current pace, approximately 50% of the globe’s adult population will be obese or overweight by 2030.

The mounting prevalence of obesity worldwide and its subsequent weight-loss treatment options have paved the way for the consumption of dietary supplements rich in alpha-cyclodextrin. Alpha-cyclodextrin works as a soluble dietary fiber and has shown to form a steady emulsion with dietary fat in the ratio of 1:9.

Few studies have shown promising results of alpha-cyclodextrin for the reduction in cholesterol levels, increased insulin sensitivity, and improved glucose monitoring, besides aiding in weight management.

The compound is also long recognized to improve cardiovascular health. According to WHO, about 17.9 million people succumb to CVDs every year. To this end, alpha-cyclodextrin reduces levels of bad cholesterol and triglycerides, while not negatively impacting the goof cholesterol. Additionally, it also reduced levels of apolipoprotein B, thus improving the overall cardiovascular risk.

Increasing application of cyclodextrin in the food industry

Increasing health concerns have raised considerable demand for cyclodextrins in the food and beverages industry. The compound is extensively used in food production as food additives for different purposes like improving shelf life, sensorial qualities, and stability of flavors, vitamins, and colorants.

The use of these dietary compounds in beverages has increased significantly in the last decades and are widely used in food technology and processing. Cyclodextrins boast of an important capacity for use in the technology industry owing to their capacity to form an inclusion complex with a large number of compounds and protect food additives against heat treatments and reduce unwanted odors.

These parameters have helped F&B manufacturers to augment their profit margins at a substantial level. For instance, Wacker Chemie AG, in 2020, launched alpha-cyclodextrins marketed under the Cavamax W6 brand. Reports suggest that the compound can enhance the foaming properties of milk in specialty coffees giving the firm an opportunity to cement its position in the industry.

Propelled by such advancements in space, the overall cyclodextrin market from food and beverage application would grow at a CAGR of 5.5% through 2027.

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Some of the prominent companies operating in the global cyclodextrin industry are Wacker Chemie AG, Merck KGaA, Zhonglan Industry Co., Shandong Xinda Biotechnology Co., Zibo Qianhui Biological Technology Co., Ltd., Roquette Frères, and others.

In a nutshell, the thriving pharmaceutical industry and alarming health concerns raised have put forth an intrinsic need for dietary compounds like cyclodextrins, stimulating the market growth curve.

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