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 Insights

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).

Maltodextrin is a natural sugar that is often used in chewing gums, chewing snacks, diabetic sweets, and sports drink mixes. It is derived from plant starch through partial hydrolysis and is typically found as a yellowish, white spray-dried powder. Maltodextrin is a sugar that belongs to the disaccharide family. Maltodextrin, like all sugars, is made up of two fundamental units: galactose molecules and fructose molecules. The liver converts the carbohydrates into glucose, the most significant kind of energy in the body. However, glucose can also be used as an energy source during aerobic exercise, which produces fatty acids that are then stored as muscle fat.

The rising demand for low-calorie packaged foods is a major element driving the maltodextrin market's expansion. Furthermore, rising demand for maltodextrin in the cosmetic and personal care industries is boosting market growth. Furthermore, fast growth in the chemical industry is likely to fuel market growth.

US Maltodextrin Market  is poised to grow at a sustainable CAGR for the next forecast year.

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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

Product ID: SQSG30I2033

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