Global Maltodextrin Market Trends, Outlook, Overview and 2025 Forecast
30th
November 2018: Maltodextrin is a group of complex sugars that is used as a food
additive in order to thicken food products. It is produced from starch by
partial hydrolysis and typically found as white powder. It is generally used
for production of candy, soft drinks. The factors that propel the growth of the
global Maltodextrin Market Size include its usage in breweries as it increases
the head retention and dryness of the drink, safe for diabetic patients as it
is not true sugar, and rising demand for products like milk powder, ice-creams,
soft drinks, infant formulae, etc.
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On the other hand, there are also factors that hamper the growth
of the global Maltodextrin Market Size such as the persons suffering from
gluten intolerance will not be able to go for these products. On the basis of
applications, the global Maltodextrin Market Size is classified as Food &
beverage, Pharmaceuticals, Personal care/cosmetics, Paper & pulp industry,
and others. The other applications include agriculture, leather processing, and
the other industrial applications.
Amongst the applications sector, food & beverages industries
accounted for the major share of the global Maltodextrin Market Size in 2014
and will also continue to sustain their governance in the global Maltodextrin
Market Size. The food & beverages industries are traced by Pharmaceuticals
and contribute for the second largest share of the global Maltodextrin Market
Size in 2014. Additionally, the Industrial application of maltodextrin in the
production of paints, adhesives, cosmetic hair styling products, etc. is also
projected to have a prospective in the market.
On the basis of geography, the global Maltodextrin Market Size is
classified as North America, Europe, Asia Pacific, and Rest of the World.
Amongst the geographical regions, North America is projected to dominate the
global Maltodextrin Market Size. The factor that propels the growth of the
North American region is the widespread use of maltodextrin in pharmaceuticals
industries based in the US. In Western Europe, greater approval of maltodextrin
for spray drying encapsulation procedures for food products and use of
maltodextrin as a milk replacer in dairy products, as a hydrocolloid in
manufacture of yogurt products and jelly-based confectionary food items are
fuelling the growth.
On the contrary, Asia Pacific has a considerable growth rate owing
to upsurge intake of GMO-free food products in APAC countries. Furthermore, the
intake of maltodextrin in the Asia Pacific region will be extensively
influenced by its growing use as an additive in milk powder, dry mixes, infant
formulae, nutritional food products, etc.
Some of the key players that fuel the growth of the global Maltodextrin
Market Size include Tate & Lyle Plc, Cargill Inc., Roquette Freres SA, The
Archer Daniels Midland Company, Ingredion Incorporated, Grain Processing
Corporation, Penford Corporation, TereosSyral, and Zhucheng Dongxiao
Biotechnology Co., Ltd.
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