Global Maltodextrin Industry Market Size Analysis:
Global maltodextrin market size is set to reach USD 4.21 billion by 2025, growing at a CAGR of 4.80% over the forecast period.
Global Maltodextrin Industry Market Overview:
Maltodextrin is manufactured by partial hydrolysis of the starch. It is used as a thickening agent or filler in foods and beverages. Maltodextrin is made from wheat or corn, and is used in foods, breweries and snacks, among others. This is a key element of the sports drink, which gives athletes more favourite drink. It is also used in frozen desserts. Maltodextrin is easily digested, absorbed as quickly as glucose and can be moderately mild or almost tasteless. The maltodextrin market was valued at USD 3.8 billion in 2018.
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Global Maltodextrin Industry Market-Drivers and restraints:
The maltodextrin market was mainly driven by the growing demand for derived products, such as ice cream, milk powder and other instant beverages. Maltodextrin is used in a variety of food and beverage applications, such as non-alcoholic beverages and snaps, sweets, ice creams, flavors and essences, among others. In addition, maltodextrin is also used in breweries because it increases the retention of the head and the drought of the drink. Sugar-free foods are one of the main markets for the maltodextrin market. Since maltodextrin is not true sugar and is safe for diabetic patients, it is more likely to be used in sugar-free products. However, people with gluten intolerance may not opt for these products and may clog the market.
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Global Maltodextrin Industry Market-Geographical segmentation:
In terms of demand, North America was the first region of the maltodextrin market. The demand is stronger in the sports drinks and food market. North America has been followed by Europe, where there is a great demand for ice cream and instant drinks. The demand for maltodextrin comes mainly from France, the United Kingdom and Germany. Asia Pacific is expected to be the fastest growing market for maltodextrin. The demand in this region was driven by India and China. It is expected that the great demand in the market of ice cream and instant drinks will be the main driver of the Asia-Pacific region. It is expected that regions such as Latin America, South America and Central Europe have a lower demand for maltodextrin in the coming years.
Leading Manufacturers Reported in This Global Maltodextrin Industry Market Report are:
Tate and Lyle Plc, Archer Daniels Midland (ADM), Cargill Incorporated, Ingredion Incorporated, Roquette Frères and Tereos Syral, among others.
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