Global Maltodextrin Market

Global Maltodextrin Market Size, Share, Growth Analysis, By Source(Corn-Based, Wheat-Based), By Form(Spray-Dried Powder, Instantized/ Agglomerated), By Application(Food, Beverages) - Industry Forecast 2024-2031

Report ID: SQSG30I2033 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 96 | Figures: 65

Global Maltodextrin Market Competitive Landscape

The Global Maltodextrin market is highly competitive and consists of several big players and SMEs penetrating the market. The market penetration for new entrants is high due to the presence of less stringent regulations and availability of various D2C channels such as social media (Instagram, Facebook, among others), B2C websites (Amazon, Walmart, among others).

Maltodextrin market Top Players Company Profiles

  • Cargill, Incorporated (US)
  • Archer Daniels Midland Company (US)
  • Ingredion Incorporated (US)
  • Roquette Freres S.A. (France)
  • Tate & Lyle Plc (UK)
  • Penford Corporation (US)
  • Grain Processing Corporation (US)
  • Zhucheng Dongxiao Biotechnology Co., Ltd. (China)
  • Tereos Syral S.A.S. (France)

Maltodextrin market Recent Development

  • In October 2021, Cargill launched rice flour-based maltodextrin substitute. The new soluble SimPure rice flour is a clean-label bulking agent that has a similar taste, texture and functionality as maltodextrin.
  • In February 2021, Tate & Lyle PLC announced that it has signed an agreement to acquire an 85% shareholding in Chaodee Modified Starch Co., Ltd. (“CMS”), a well-established tapioca modified food starch manufacturer located in Thailand.
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FAQs

Maltodextrin Market was valued at USD 3.61 billion in 2019, and the market size is estimated to reach USD 5.01 billion by 2031, at a CAGR of 4.8% over the forecast period (2024-2031).

The Global Maltodextrin market is highly competitive and consists of several big players and SMEs penetrating the market. The market penetration for new entrants is high due to the presence of less stringent regulations and availability of various D2C channels such as social media (Instagram, Facebook, among others), B2C websites (Amazon, Walmart, among others). 'Cargill, Incorporated (US)', 'Archer Daniels Midland Company (US)', 'Ingredion Incorporated (US)', 'Roquette Freres S.A. (France)', 'Tate & Lyle Plc (UK)', 'Penford Corporation (US)', 'Grain Processing Corporation (US)', 'Zhucheng Dongxiao Biotechnology Co., Ltd. (China)', 'Tereos Syral S.A.S. (France)'

Maltodextrin's numerous advantages are boosting market growth

The rising demand for maltodextrin in the cosmetic and personal care industries is projected to open up new market opportunities in the near future. It is used in the production of cosmetics as a stabilizer and thickener. A increasing working female population and rising consumer disposable income are driving demand for beauty products. As a result, maltodextrin market growth is likely to be aided by high growth in the cosmetic and personal care markets.

North America is expected to dominate the Maltodextrin market in the forecast period. Plant-based food additives are becoming increasingly popular as consumers become more health-conscious. Furthermore, there is an increase in demand for American-made cheese. This is aiding the expansion of the maltodextrin market in emerging economies while maintaining a steady growth rate in existing areas due to high demand. Maltodextrin is in great demand in North America due to the prevalence of the sports and food and beverage markets.

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Global Maltodextrin Market

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