A recent report published by
Infinium Global Research on the maltodextrin market provides an in-depth
analysis of segments and sub-segments in the global as well as regional
maltodextrin market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional maltodextrin market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecasts, and dollar values of the global maltodextrin
market. According to the report, the global maltodextrin market is projected to
grow at a CAGR of about 5% over the forecast period of 2022-2028.
The global maltodextrin market was
valued at nearly USD 4 Billion in 2022 and is expected to reach about USD 5
Billion in 2028, with a CAGR of about 5% during the forecast period. A
polysaccharide additive utilized in food is called maltodextrin. Maltodextrin
is especially in white hygroscopic spray-dried powder form that's produced from
starch. Maltodextrin is well digestible, being absorbed as rapidly as glucose,
and may be either moderately sweet or almost flavorless. It's used for the
manufacturing of soft drinks and candy. To enhance the particular significance
of the end product maltodextrin utilized in beer brewing. It's also utilized in
some snacks like potato chips, and jerky, and also in frozen desserts.
Maltodextrins are more commonly utilized in sugar-free products because it's
not actual sugar and is suitable for diabetics. However, this component may not
be suitable for people with gluten intolerance, which could hinder growth
within the maltodextrin market to an extent.
The high demand for packaged foods,
bakery items, and infant foods has led to the necessity for higher production
of maltodextrin solids and syrups. Additionally, maltodextrin is utilized in
various food and beverages industries like soft and instant drinks, candy,
frozen desserts, and flavoring and essence among others. Moreover, maltodextrin
is safe for diabetic patients which isn’t true sugar and it's utilized in
sugar-free products. Intense activity in research & development is probably
going to drive the expansion of the market. On another hand, increasing the
utilization of thickening agents within the food & beverage industry like
gums is probably going to restrain the expansion of this market. However,
patients affected by gluten allergy may not be able to consume such products
thus it's a restraining factor for this market. Furthermore, non-food uses of
maltodextrin including pharmaceutical, cosmetics, and paper-making are likely
to bring opportunities because of the expansion of those end-use industries
over the forecast period.
COVID-19 is an incomparable global
public health emergency that has affected almost every industry, and therefore the
long-term effects are projected to impact industry growth during the
forecast period. The worldwide condition COVID19 has affected the maltodextrin
market significantly. The expansion of the market is restrained because of the
disruption in the supply and demand of raw materials. Due to the disruption
of the stuff during the covid-19 pandemic, the manufacturing of the products
was stopped which hampered the expansion within the forecast period. This
affected the expansion of the market during the covid-19 pandemic within the
forecast period.
Based on the region, the worldwide
maltodextrin market is segmented into the Asia Pacific, North America, Europe,
and the Middle East & Africa. North America is anticipated to witness the
highest market share over the forecast period. The demand for maltodextrin is
high because of the presence of the sports food and beverage market within the
region. Asia Pacific region is anticipated to dominate the expansion of the
market during the forecast period. The rising presence of major market players
is predicted to propel the expansion of the region. The growing demand and
application industries in China and India will propel the expansion of the
region during the forecast period.
The report on the global maltodextrin
market covers segments such as product type, and end-user. On the basis of
product type, the sub-markets include maltodextrin and corn syrup solids, and
tapioca maltodextrin and tapioca syrup solids. On the basis of end-user, the
sub-markets include food & beverage, pharmaceuticals, paper, and pulp
industries, and others.
The report provides profiles of the
companies in the market such as Cargill Inc., Ingredion Incorporated, Tate
& Lyle Plc, Roquette Freres SA, Penford Corporation, Tereos Syral, The
Archer Daniels Midland Company, Zhucheng Dongxiao Biotechnology Co., Ltd.,
Grain Processing Corporation, and Matsutani Chemical Industry Co., Ltd.
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors driving and
restraining this market's growth. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the maltodextrin market. Moreover, the study highlights current
market trends and provides forecasts for 2022-2028. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.