Global Maltodextrin Market is valued approximately USD 4.33 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.12 % over the forecast period 2021-2027. Maltodextrin is a white hygroscopic polymeric carbohydrate that is commonly used as an addition in food and beverage products to improve texture and flavor. It is created by partially hydrolyzing maize or wheat starch in the presence of acids or enzymes. Maltodextrin is widely used in the food and beverage industries as a thickening agent, preservative, and binder. Because of its low dextrin content, it is also considered safer than other carbs for diabetics. Maltodextrin is also used in sports nutrition to help people gain weight. Growing urbanization, changing lifestyles, and increased need for convenience food are driving up demand for processed and canned foods, which is likely to fuel growth in the maltodextrin market throughout the forecast period. Maltodextrin is added to beer throughout the maturing process to improve the specific gravity of the finished product without affecting the alcohol level or flavor of the beverage. Maltodextrin also enhances the taste of beer, keeps the head frothy, and minimizes drink dryness. Over the projected period, the growing beer sector is likely to fuel growth in the worldwide maltodextrin market. For instance, according to the World Health Organization (WHO), beer accounted for around 36% of overall alcohol consumption in 2016. According to a research issued by the Institute of Food Technologists, sales of natural and organic foods totaled US$ 253 billion in 2017; sales of functional/fortified foods amounted US$ 247 billion. However, maltodextrin has a high glycemic index, which can raise blood sugar levels if consumed in large quantities, and it can also disrupt gut microbes which hinders the growth of the market over the forecast period of 2021-2027. Also, maltodextrin is utilized in horticulture pesticides used in both field and greenhouses, and it is also utilized as a filler and stabilizer in medicine capsules in the pharmaceutical industry, improving the chance for growth. during the forecast period.
The global maltodextrin market is divided into major regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the most significant region across the world in terms of market share attributing to the change in consumer preference for convenience goods, increasing demand for packaged and prepared food and increasing consumption of alcohol. Whereas, Asia-Pacific is also expected to show the higher growth rate over the forecast period 2021-2027. Factors such as rising disposable income, increasing demand for food & beverages, including alcohol and growth of pharmaceuticals and other end use industries would create lucrative growth prospects for the maltodextrin market across Asia-Pacific region.
Major market player included in this report are:
Grain Processing Corp
Global Sweeteners Holdings Ltd.
Gujarat Ambuja Exports Ltd.
Henan Feitian Agricultural Development
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Food & Beverages
Paper & Pulp Processing
Personal Care & Cosmetics
Others (Animal Feed, etc.)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Maltodextrin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers