Global Maltodextrin Market is Expected to Grow at a CAGR of 5% | Infinium Global Research

 By- Infinium Global Research

The maltodextrin market, Infinium Global Research has published an insightful report. This analysis delves deep into various segments and sub-segments, both globally and regionally. It also explores the short- and long-term impact of key drivers, restraints, and macro-economic indicators on the market. The report provides a comprehensive overview of trends, forecasts, and the monetary value of the global maltodextrin market, making it a valuable resource for anyone seeking in-depth market insights. According to the report, 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% of about 5% over the forecast period of 2022-2028.

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Maltodextrin, a white powder derived from starch, is a versatile ingredient used extensively in the food and beverage industry. Due to its bland taste and smooth texture, it finds application in various products like desserts, salad dressings, and instant puddings.

One of the key drivers for the growing maltodextrin market is the increasing demand for low-calorie packaged food. Maltodextrin serves as a fat reduction agent, allowing manufacturers to decrease the overall carbohydrate content in their products, appealing to health-conscious consumers. Additionally, it functions as a bulking and carrier agent, enhancing texture and viscosity in a wide range of food items.

Emerging markets present significant growth opportunities for the maltodextrin market due to the easy availability and affordability of the product. Multinational firms are actively catering to the food and other industrial sectors in these regions, further fueling market expansion. Meal replacement products like nutritional bars, fruit beverages, and instant soups are also contributing to the market's growth.

The cosmetic and personal care industry is another promising avenue for maltodextrin. It serves as a stabilizer and thickener in various cosmetic products, and the rising disposable income and increasing working female population are driving the demand for these products. This, in turn, is expected to positively impact the maltodextrin market.

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Regionally, the global maltodextrin market is segmented into Asia Pacific, North America, Europe, and the Middle East & Africa. North America is expected to hold the largest market share during the forecast period due to the strong presence of the sports food and beverage market in the region. However, Asia Pacific is anticipated to witness the fastest growth, driven by the increasing presence of major market players and the expanding demand and application industries in countries like China and India.

Market Segmentation:

For a deeper understanding of the global maltodextrin market, the report delves into various segments, including product type and end-user applications. Product-wise, the market is categorized into maltodextrin and corn syrup solids, along with tapioca maltodextrin and tapioca syrup solids. This allows for a detailed analysis of the performance and preferences within each product category.

On the end-user side, the report examines the market across diverse industries such as food & beverage, pharmaceuticals, paper & pulp, and others. This provides valuable insights into the specific needs and demands driving the use of maltodextrin in various sectors.

Market Dynamics:

Liquid glucose, also known as corn syrup, is a common sweetener used in the food industry. It helps maintain softness in baked goods like bread, cakes, and puddings, and is also used in cold beverages. However, its widespread use raises concerns due to its potential impact on health.

The rising prevalence of diabetes globally is linked to excessive sugar consumption. High-sugar diets contribute to obesity, a major risk factor for diabetes. Overconsumption can lead to insulin resistance, a condition where the body struggles to regulate blood sugar levels, increasing the risk of diabetes.

While liquid glucose offers sweetness and functionality in processed foods, its potential health drawbacks cannot be ignored. Diabetics need to be particularly mindful of their sugar intake, as consuming foods high in glucose can lead to dangerous blood sugar spikes.

Market Keyplayers:

• 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
• Matsutani Chemical Industry Co., Ltd.

 

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