Global Maltodextrin Market segmentation based on source includes wheat, rice, corn, tapioca and potato. Based on application, the global maltodextrin market classification includes Food and Beverages Industry, Cosmetic Industry, Pharmaceutical Industry and Chemical Industry. Out of which, most dominant segment is food & beverage and expected to grasp a remarkable CAGR by 2025.
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Likely, higher demand for confectionary & bakery, flavored soups & dry mixes and dairy products is envisioned to propel the growth of global maltodextrin market. Moreover, escalating concerns for potential health threats of genetically modified organisms (GMO) starches is likely to foster positive market growth over the forecast period.
Global maltodextrin market is propelled due to the factors such as expansion of food and beverage industries. As a result, in future maltodextrin market is expected to witness a remarkable growth over the forecast period 2019-2025.
During the past few years, maltodextrin manufacturing companies are advancing the production technology continuously. They have come up with escalated applications of maltodextrin. It’s recorded that the usage of maltodextrin is intended to get higher in chemical industries. Further, this will offer notable opportunities to the market players in the near future.
Another crucial factor that is propelling the global maltodextrin market is the usage of maltodextrin in animal feed. As, population of developing as well as developed countries are consciously inclining towards more healthy diet. This has boosted the use of maltodextrin among people. Along with this, this market has wide spectrum of applications. Maltodextrin products are also used in food and beverage items such as cold drinks, milk, candy, ice-creams and others.
Moreover, number of food manufacturing companies are growing which use maltodextrin as its composition is sugar free. These factors have consolidated the overall market and led to the overall market growth. However, rising health issues with exceeding maltodextrin products such as blood sugar and extra fat may deteriorate the global maltodextrin market.
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The most dominant region of global maltodextrin market is North America. The higher demand comes from food market and sports drink. North America is followed by Europe, as the demand for instant drink and ice cream is comparatively very higher. The demand for maltodextrin comes heavily from the U.K., France and Germany. Asia Pacific is anticipated to be the fastest growing market for the maltodextrin. The countries which drive the demand are China and India. Whereas regions including South America, Central Europe and Latin America are expected to show lowest demand for maltodextrin in the forthcoming years.
In the global maltodextrin market, key players are enlisted which includes Cargill Inc., Tate & Lyle Plc, Penford Corporation, The Archer Daniels Midland Company, Grain Processing Corporation, Ingredion Incorporated, Roquette Freres SA, Tereos Syral and Zhucheng Dongxiao Biotechnology Co., Ltd.
Key segments of ‘Global Maltodextrin Market’
Based on end-user, the market has been segmented into,
- Food & Beverage
- Paper and Pulp Industries
Based on product type, the market has been segmented into,
- Maltodextrin and Corn Syrup Solids
- Tapioca Maltodextrin and Tapioca Syrup Solids
Others Based on region, the market has been segmented into,
- North America (U.S. & Canada) Maltodextrin Market
- Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
- Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE)
- Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
- Middle East & Africa (GCC, South Africa, North Africa, RoMEA
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What to expect from the upcoming report on ‘Global Maltodextrin Market’:
- Future prospects and current trends of the global maltodextrin market by the end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing economies
- Supportive initiatives by government likely to influence the market dynamics
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
- In-depth analysis of different market segmentations including regional segmentations, and product types
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market
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