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

Q: What is the global market size of Maltodextrin Market?

Maltodextrin Market was valued at USD 3.61 billion in 2021, and the market size is estimated to reach USD 5.01 billion by 2028, at a CAGR of 4.8% over the forecast period (2022–2028).

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

Global Maltodextrin Market Dynamics

Maltodextrin market Driver

Maltodextrin's numerous advantages are boosting market growth

Maltodextrin is in high demand as a fat-reducing component due to the growing demand for low-calorie packaged goods. Replacing starch-based sweeteners with maltodextrin lowers the overall carbohydrate amount in the final food product, which health-conscious consumers appreciate. Maltodextrin is a significant bulking and carrier component in a wide range of food items, giving desired texture and viscosity. Furthermore, it is a good fat alternative in a range of dishes.

Ease of availability and high application in food products

The broad availability of low-cost maltodextrin in emerging markets is hastening market growth. Several international firms manufacture high-quality maltodextrin products for the food and other industrial sectors. This is owing to increased maltodextrin use by multinational and domestic food producers. Nutritional bars, fruit beverages, Herbal Life smoothies, and quick soups are also driving the maltodextrin market forward.

Maltodextrin market Restraint

Rising prevalence of celiac disease

Wheat maltodextrin is not suited for gluten-free products. Customers with celiac disease are unable to consume the same. Over the forecast period, the rising prevalence of celiac disease is expected to impede maltodextrin market growth. The fluctuating cost of raw materials used in the manufacture of maltodextrin is projected to impede market expansion. Furthermore, rising demand for gums as a substitute for maltodextrin is projected to impede market expansion.

Global Maltodextrin Market Report Snapshots

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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 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

Global Maltodextrin Market Dynamics

Global Maltodextrin Market Report Snapshots

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