Posted on 29 Jan 2019

Global Maltodextrin Market to grow at a CAGR of 5% between 2019-2024

According to a new report by EMR titled, ‘Global Maltodextrin Market Report and Forecast 2019-2024’, the global maltodextrin market grew by 6% in 2018 as compared to 2017, reaching 3.8 million metric tons in volume in 2018. The market is further expected to grow at a CAGR of about 5% in the period 2019-2024.



The demand for maltodextrin has been growing in Asia Pacific as well as in the Middle East and Africa due to an increasing use of maltodextrin in the food and beverage sectors where it finds its application as a sugar-substitute. The maltodextrin market is also flourishing in the North American and European markets with its increased applications in ice-creams, and sport and instant drinks, which have a high demand among consumers. Thus, the global growth of the maltodextrin market is driven by the rising health awareness among the consumers who are opting for lower calorie foods.

Maltodextrin is a starch derivative manufactured via the partial hydrolysis of starch. Due to its properties like rapid absorption, digestibility, and moderate to nil sweetness, it finds extensive applications in the food and beverage industry, accounting for over 60% of the total consumption of maltodextrin. Maltodextrin is added to sugar substitutes like Splenda in order bulk them up and moderate the intensity of the product’s sweetness. It is also favoured as an additive in frozen products and desserts as it does not lower the freezing point of the products, which sugar does and thus, prevents ice-crystal formation and makes products like ice-cream easier to scoop up.

The health and personal care sector is the second largest segment after food and beverage where maltodextrin is finding its increasing application. Due to its elasticity and ability to add lustre, it is used in the cosmetics industry in products used to protect skin. It is also finding growing preference within the cosmetics and beauty industry due to its compound binding and stabilizing abilities. Glycerine and sorbitol syrup can be partially replaced by maltodextrin in clear toothpastes. It can also be used as a CMC substitute in toothpastes.


Market Analysis by Application and Region:

  • Maltodextrin is most commonly used in food and beverage, health and personal care, and agriculture sectors, among others.
  • Region-wise the global maltodextrin market is divided into North America, Europe, Asia Pacific, LATAM, and Middle East and Africa.


Key Findings of the Report:

  • Ease of availability and growing low calorie food demand are driving the global maltodextrin market.
  • The increasing use of maltodextrin in animal feed and chemical industries is aiding the maltodextrin market growth.
  • It is used in the pharmaceutical sector as a coating for microencapsulation of products like vitamins as well as a diluents and binding agent in tablets.
  • Corn, cassava, potato and wheat are the major maltodextrin feedstock, with maltodextrin most commonly being derived from corn and cassava starches.
  • China, a major producer of maltodextrin, is expected to significantly propel the market in the next five years.
  • Advances made in the manufacturing of maltodextrin will provide further impetus to the market growth and will aid the major players with new opportunities.


To view the report summary and Table of Contents, click on: https://www.expertmarketresearch.com/reports/maltodextrin-market-report

Key Offerings of the Report:

  • The report by EMR provides a detailed region-wise analysis of the production and consumption of maltodextrin and its feedstock for the periods 2014-2018 and 2019-2024.
  • It gives in-depth insights into the trade data of the major exporting and importing countries of maltodextrin and its feedstock according to their value and volume.
  • The EMR report analyses the region-wise historical (2014-2018) and future (2019-2024) price trends of maltodextrin and its feedstock.
  • It presents a detailed cost analysis including the manufacturing process, operations involved and cost breakdown by various components.


Cargill Incorporated, Archer Daniels Midland Company, Shandong Xiwang Group Co., Ltd., Ingredion Incorporated, Roquette Frères SA, Tereos Starch & Sweeteners, Tate & Lyle PLC, AGRAN Beteiligungs-AG, Avebe U.A., and Matsutani Chemical Industry Co., Ltd. are the key players in the global maltodextrin industry analysed in the report by EMR. The report gives a detailed insight into the latest developments in the competitive landscape of the global maltodextrin market including plant turnarounds, capacity expansions, as well as mergers and acquisitions.

 

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

 

Contact Us:

EMR Business Solutions LLP
Website
www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790


Related Report

LATAM Palm Oil Market Report and Forecast 2019-2024

LATAM’s projected robust growth of its palm oil production will contribute to the growth of the global market in the forecast period. The global market is expected to grow at a CAGR of 6.2% in the f...

Global Food Fortification Premix Market Report and Forecast 2019-2024

The market is further expected to grow at a CAGR of 8.7% in the forecast period of 2018-2024 with 49, 650 metric tons of food fortification premix projected to be consumed globally in 2024.

Europe Food Fortification Premix Market Report and Forecast 2019-2024

The Europe market is being driven by the healthy growth of the global market which is projected to reach about 49.6 kilo metric tons in 2024, growing at a CAGR of 8.7% between 2019 and 2024.

South Africa Food Fortification Premix Market Report and Forecast 2019-2024

The South Africa food fortification premix market reached a volume of nearly 10 kilo tons in 2018. Meanwhile, the global market is projected to grow at a robust CAGR of 8.7% in the forecast period of ...

Germany Dairy Market Report and Forecast 2019-2024

In 2017, 31.9 billion litres of cow’s milk was produced in Germany. It was the leading dairy market in Europe in 2017. The Germany dairy market is expected to continue growing in the forecast period...

Have any queries or concern?

USA - Canada: +1-415-325-5166

UK: +44-702-402-5790

Email: sales@expertmarketresearch.com