Maltodextrin is extracted by hydrolysis of starch. It is used as a filling or thickening agent in food and beverages. Maltodextrin is mostly extracted from corn and wheat. Maltodextrin is used in foods, brewery, and snacks among others. It is crucial element in sports drink resulting in more favorite drink for the athletes. It is also used in frozen desserts.
Growing demand for packaged food, infant food, and bakery products have increased the production enormously which acts as a main driver for maltodextrin market. Besides, usage of maltodextrin in sugar free products, enlarged usage of maltodextrin in food and beverages industry are also the factors driving the market growth. Maltodextrin is further used in pharmaceuticals, cosmetics, and paper making which is expected to create new opportunities for the maltodextrin market manufacturers in the forecast period of 2020- 2027. Moreover, the alternative agents used as the thickening agent in food and beverages industries such as gums will hamper the growth of maltodextrin market in the forecast period.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the Maltodextrin market. Also, complete analysis of changes on food and beverage expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The study analyses the global maltodextrin market based on the type, application, end user, source, and geography. The market finds application in blinders, sweeteners and encapsulation. MD10, MD15, and MD20 are the various types of maltodextrins covered in this study. The major end use industries of maltodextrin include food & beverage, pharmaceuticals, and cosmetics. Geographically, the study is comprised by the key countries of North America, Europe, Asia-Pacific, and the Rest of the World.
The market finds application in blinders, sweeteners and encapsulation. The sweetener segment held a lion’s share in the market. The growth of the food & beverage industry, especially in the confectionery products sector, is likely to increase the demand for sweeteners. Further, increasing demand for aerated and non-aerated beverages drives the demand for sweetener from the beverage industry.
MD10, MD15, and MD20 are the various types of maltodextrins covered in this study. The MD15 segment is anticipated to dominate the market share over the forecast period owing to rising demand from personal care products as thickener, humectant, stabilizer, foaming agent, and filler. Booming cosmetic industry owing to increase awareness and spending on personal care, skin care and hair care products is further pushing the segment growth.
The major end use industries of maltodextrin include food & beverage, pharmaceuticals, and cosmetics. The food & beverage segment is likely to be the fastest growing segment in the market. Increasing demand from processed food, sports supplement, infant food, animal feeds, confectioneries, ice creams, and bakery products to increase mouthfeel and properties of the food products is driving its demand. Increasing population, growing focus towards processed food, increasing adoption of organic food additives are some of the factors pushing the segment growth.
Corn, wheat, rice, and potato starch are the main source of maltodextrin in the market. The corn segment is anticipated to hold the largest market share, by source. Corn is a high quality and an easily available source of maltodextrin. Therefore, the increasing demand for artificial sweetener in the food and beverage industry is anticipated to bode well for the corn-based maltodextrin market.
Geographically, the study is comprised by the key countries of North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is leading the global maltodextrin market. The ever-rising consumption of low-calorie artificial sweeteners will increase the demand for maltodextrin in the region.
Furthermore, North America is dominating the maltodextrin market in terms of consumption. Plant-based food additives are in high demand since customers have become more health-conscious. Similarly, the ingesting of US-produced cheese products on the rise. This is helping the maltodextrin market grow significantly.
The key competitors of this market include Archer Daniels Midland Company, Ingredion Incorporated, Grain Processing Corporation, Penford Corporation, Tate & Lyle Plc, Cargill Inc., Roquette Freres SA, Tereos Syral, Zhucheng Dongxiao Biotechnology Co.,Ltd., Agrana Grou, Matsutani, Nowamyl, SSFI-AAA, Radha Govind, and Henan Feitian Agricultural Development Co., Ltd., and among others.
The study analyses the global maltodextrin market based on the type, application, end user, source, and geography. The market finds application in blinders, sweeteners and encapsulation. MD10, MD15, and MD20 are the various types of maltodextrins covered in this study. The major end use industries of maltodextrin include food & beverage, pharmaceuticals, and cosmetics. Geographically, the study is comprised by the key countries of North America, Europe, Asia-Pacific, and the Rest of the World.
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