The maltodextrin market is expected to reach USD 4.07 billion by 2028 and grow at a rate of 6.30% in the forecast period 2021 to 2028. Increase in the demand from end-user industries for the product all over the globe is the vital factor escalating the demand for maltodextrin market in the forecast period of 2021- 2028.
Maltodextrin is defined as a white hygroscopic polymeric carbohydrate, that finds major application as additives in food and beverage products to increase their texture and mouthfeel. It is derived from corn or wheat starch by partial hydrolysis in the presence of acids or enzymes. Maltodextrin is used to improvise the taste, quality and appearance of the food items. Maltodextrin is produced from starch by using method such as partial hydrolysis and is used as a food additive to preserve food flavor.
Increase in the demand for bakery products, packaged food, infant food among others have risen the production tremendously which acts as a major driver for maltodextrin market, also rise in the beer industry, increase in the demand for convenience food, increase in the demand for beverages, rise in the urbanization and continuous change in the lifestyle due to rise in the disposable income are also the factors driving the food grade maltodextrin market growth. Moreover, rise in the wide range of untapped applications and increase in the research and development activities in the market which is likely to create new opportunities for the food grade maltodextrin market manufacturers in the forecast period of 2021- 2028.
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Food Grade Maltodextrin Market Scope and Market Size
The food grade maltodextrin market is segmented on the basis of form and product. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of form, the food grade maltodextrin market is segmented into powder and liquid.
- Based on product, the food grade maltodextrin market is segmented into MD 10, MD 15, MD 20 and MD 30.
Food Grade Maltodextrin Market Country Level Analysis
The food grade maltodextrin market is analyses and market size, volume information is provided by country by form and product as referenced above.
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The countries covered in food grade maltodextrin market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the food grade maltodextrin market due to rise in the population, increase in the demand for convenience food, growing urbanization, and increase in the beer consumption in this region.
The country section of the food grade maltodextrin market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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The major players covered in the food grade maltodextrin market report are:
BASF SE, ADM, Grain Processing Corporation, Tate & Lyle, Cargill, Incorporated., Roquette Frères., Zhucheng Dongxiao Biotechnology Co., Ltd, Feitian, Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd, San Soon Seng Food Industries Sdn Bhd, NOWAMYL, Avebe, AGRANA Beteiligungs-AG and Matsutani Chemical Industry Co., Ltd among other domestic and global players.
Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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