Optimistic forecasts for the cyclodextrin market

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MarketWatch has rcently reported: The global Cyclodextrin market size was valued at USD 1184.55 million in 2021 and is expected to expand at a CAGR of 8.2% during the forecast period, reaching USD 1900.7 million by 2027.

The top key players in the Cyclodextrin Market?

● Zibo Qianhui Biological Technology Co. Ltd
● Ensuiko Sugar Refining
● Wacker Chemie AG
● Qufu Tianli Medical Supplements Co., Ltd.
● Roquette Freres SA
● Ashland Global Holdings Inc.
CycloLab Cyclodextrin Research and Development Ltd.
● Shandong Xinda Biotechnology Co., Ltd
● Merck KGaA

The numbers of Altus Research: Global Cyclodextrin Market Size was estimated at USD 310 million in 2021 and is projected to reach USD 454 million by 2028, exhibiting a CAGR of 5.6% during the forecast period.

GlobalNew wire gave a modest evaluation: Cyclodextrin market is predicted to grow at a 3.8% CAGR to reach USD 420 million by 2028.

According to Adroit Market Research “The global cyclodextrin market is expected to reach close to USD 390 million by 2029 with an annualized growth rate of 5.5%.”

The Newsnet pubished “Due to the COVID-19 pandemic, the global Cyclodextrin market size is estimated to be worth USD 230.1 million in 2022 and is forecast to a readjusted size of USD 328.2 million by 2028 with a CAGR of 6.1% during the forecast period 2022-2028.”

Although the numbers are different, even the least optimistic forecast shows a large growth potential.

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