Global Cyclodextrins in Pharma Market, By Type (Β Cyclodextrin, 2-Hydroxypropyl-Β-Cyclodextrin, Α Cyclodextrin, γ-Cyclodextrin, Randomly Methylated Β-Cyclodextrin, Sulfobutylether Β-Cyclodextrin, 2-Hydroxypropyl-Γ-Cyclodextrin), Structure (Cyclodextrin Conjugates, Mucoadhesive Drug Carriers, Cyclodextrin Associates, Amphiphilic Cyclodextrins, Others), Nature (Hydrophilic, Hydrophobic), Form (Solid, Liquid), Application (Drug Solubility and Dissolution, Drug Bioavailability, Drug Safety, Drug Stability, Others), Therapeutics Area (Pain Management, Cardiovascular Diseases, Behavioral Disorder, Cancer Therapy, Rheumatoid Arthritis, Epilepsy, Niemann Pick Disease Type C (NPC), Others), Distribution Channel (Direct Tender, Retail Sales, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
In recent years, the cyclodextrins in pharma market is anticipated to grow rapidly during the forecast period. Cyclodextrins are starch-based sugar molecules with a lipophilic interior and a hydrophilic outer shell. Because of its anti-aging qualities, cyclodextrin is in high demand among cosmetics makers. It is widely used in the manufacturing of cosmetics and personal care items such as creams, face masks, and lotions, among other things, and is expected to drive market expansion in the coming years. Meanwhile, the growing popularity of dietary supplements to boost overall immunity around the world is likely to drive market expansion in the forecast period.
Data Bridge Market Research analyses that the cyclodextrins in pharma market was valued at USD 270.40 million in 2021 and is expected to reach USD 370.06 million by 2029, registering a CAGR of 4.00% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Cyclodextrins are a type of complex cyclic sugar made up of a macrocyclic ring of glucose subunits linked together by alpha-1,4 glycosidic linkages. Cyclodextrin is formed when a starch is decomposed enzymatically into simple molecules. Cyclodextrin is increasingly used in the pharmaceutical and chemical industries as a solvent component in medication delivery. Cyclodextrin is used to increase drug water solubility, stability, and bioavailability by encapsulating hydrophobic medicinal molecules in biological systems.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Β Cyclodextrin, 2-Hydroxypropyl-Β-Cyclodextrin, Α Cyclodextrin, γ-Cyclodextrin, Randomly Methylated Β-Cyclodextrin, Sulfobutylether Β-Cyclodextrin, 2-Hydroxypropyl-Γ-Cyclodextrin), Structure (Cyclodextrin Conjugates, Mucoadhesive Drug Carriers, Cyclodextrin Associates, Amphiphilic Cyclodextrins, Others), Nature (Hydrophilic, Hydrophobic), Form (Solid, Liquid), Application (Drug Solubility and Dissolution, Drug Bioavailability, Drug Safety, Drug Stability, Others), Therapeutics Area (Pain Management, Cardiovascular Diseases, Behavioral Disorder, Cancer Therapy, Rheumatoid Arthritis, Epilepsy, Niemann Pick Disease Type C (NPC), Others), Distribution Channel (Direct Tender, Retail Sales, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Cambrex Corporation (US), Cayman Chemical (US), Wellona Pharma (India), Wacker Chemie AG (Germany), Cyclolab (Hungary), Tocopharm Co. Limited (China), Roquette Frères (France), Midas Pharma GmbH (Germany), Ligand Pharmaceuticals Incorporated (US), Cyclo Therapeutics, Inc. (US), Zibo Qianhui biological technology co., ltd (China), Xi'an Deli Biochemical Industry Co., Ltd (China), Merck KGaA (Germany), Otto Chemie Pvt. Ltd. (India), VIO CHEMICALS (Switzerland), Ashland (US), TCI Chemicals (India) Pvt. Ltd. (Japan)
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Market Opportunities
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Cyclodextrins in Pharma Market Dynamics
Drivers
- Increasing consumption of dietary supplements
The rising consumption of dietary supplements is estimated to enhance the market's growth. Excipients such as cyclodextrin are utilized in pharmaceutical and nutraceutical formulations. As a result of the COVID-19 pandemic, doctors have prescribed a variety of antiviral medications to patients to help them fight the virus early on. The growing use of these medications has boosted cyclodextrin consumption, propelling market growth throughout the forecast period.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of cyclodextrins in pharma market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.
Furthermore, rising initiatives by public and private organizations to spread awareness will expand the cyclodextrins in pharma market. Additionally, the rapidly changing consumer attitudes toward health and the growing use of cyclodextrins in renal diseases will also result in the expansion of cyclodextrins in pharma market.
Opportunities
- Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the cyclodextrins in pharma market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate.
Moreover, rising investment for the development of advanced technologies and an increase in the number of emerging markets will provide beneficial opportunities for the cyclodextrins in pharma market growth during the forecast period.
Restraints/Challenges
On the other hand, the high cost associated with drug distribution and development will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the cyclodextrins in pharma market. Additionally, strict regulatory policies coupled with the barriers to conducting diagnostics tests will restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This cyclodextrins in pharma market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cyclodextrins in pharma market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Patient Epidemiology Analysis
Cyclodextrins in pharma market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
COVID-19 Impact on Cyclodextrins in Pharma Market
Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. COVID-19, a new coronavirus, was identified as the causal agent in pneumonia cases. This virus spread quickly over the world, killing a large number of people. COVID-19 was labelled a global pandemic by the World Health Organization (WHO) in March 2020, and rigorous measures to prevent the disease's spread were recommended. Since then, the pandemic has delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in many nations had imposed nationwide lockdowns to halt the spread of COVID-19. Similarly, healthcare organizations in numerous nations throughout the world were having difficulty continuing their supply chain activities. The cyclodextrins in pharma market was hampered by the supply chain slowness. However, now that COVID-19 vaccines are readily available, numerous authorities are trying to assure that life-saving medications and vaccines are supplied without interruption. As a result, the market is projected to stabilize in the future.
Global Cyclodextrins in Pharma Market Scope
The cyclodextrins in pharma market is segmented on the basis of type, structure, nature, form, application, therapeutic areas and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Β Cyclodextrin
- 2-Hydroxypropyl-Β-Cyclodextrin
- Α Cyclodextrin
- γ-Cyclodextrin
- Randomly Methylated Β-Cyclodextrin
- Sulfobutylether Β-Cyclodextrin
- 2-Hydroxypropyl-Γ-Cyclodextrin
Structure
- Cyclodextrin Conjugates
- Mucoadhesive Drug Carriers
- Cyclodextrin Associates
- Amphiphilic Cyclodextrins
- Others
Nature
- Hydrophilic
- Hydrophobic
Form
- Solid
- Liquid
Application
- Drug Solubility and Dissolution
- Drug Bioavailability
- Drug Safety
- Drug Stability
- Others
Therapeutics Area
- Pain Management
- Cardiovascular Diseases
- Behavioral Disorder
- Cancer Therapy
- Rheumatoid Arthritis
- Epilepsy
- Niemann Pick Disease Type C (NPC)
- Others
Distribution Channel
- Direct Tender
- Retail Sales
- Others
Cyclodextrins in Pharma Market Regional Analysis/Insights
The cyclodextrins in pharma market is analysed and market size insights and trends are provided by country, type, structure, nature, form, application, therapeutic areas and distribution channel as referenced above.
The countries covered in the cyclodextrins in pharma market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the cyclodextrins in the pharma market due to new cyclodextrin lead drugs in pharmacology in this region. Additionally, rising healthcare expenditure and growing demand of disease specific treatment will further propel the market's growth rate in this region.
Asia-Pacific are expected to grow during the forecast period of 2022 to 2029 due to growing consumer demand for cyclodextrin compounds for pharmaceutical products in this region. Also, the development of healthcare infrastructure and rising government initiatives will further propel themarket's growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cyclodextrins in Pharma Market Share Analysis
The cyclodextrins in pharma market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cyclodextrins in pharma market.
Some of the major players operating in the cyclodextrins in pharma market are:
- Cambrex Corporation (US)
- Cayman Chemical (US)
- Wellona Pharma (India)
- Wacker Chemie AG (Germany)
- Cyclolab (Hungary)
- Tocopharm Co. Limited (China)
- Roquette Frères (France)
- Midas Pharma GmbH (Germany)
- Ligand Pharmaceuticals Incorporated (US)
- Cyclo Therapeutics, Inc. (US)
- Zibo Qianhui biological technology co., ltd (China)
- Xi'an Deli Biochemical Industry Co., Ltd (China)
- Merck KGaA (Germany)
- Otto Chemie Pvt. Ltd. (India)
- VIO CHEMICALS (Switzerland)
- Ashland (US)
- TCI Chemicals (India) Pvt. Ltd. (Japan)
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