Global Maltodextrin Market Report Expects the Market Value to reach USD 5.8 BN BY 2025
Posted On October 22, 2019
The Global Maltodextrin Market size is expected to surpass USD 5.8 BN by 2025 according to a new research report by Value Market Research. The market was valued at USD 3.6 BN in 2018 and can grow at a CAGR of 7% during the study period of 2019-2025.The market continues to progress rapidly due the development in this industry. The main factors contributing to the growth of this market are the rising demand for GMO free maltodextrin and its usage in veterinary healthcare, as industry chemicals and due to an increasing demand by breweries.
Maltodextrin a white powder polysaccharide is a food additive with its moderate sweet taste is very popular in food industry. This flavor carrier is used commonly in salad dressings, desserts, snacks, instant pudding etc. On the basis of type the maltodextrin market is segmented into MD 10, MD 15 and MD 20 in the report. Out of which MD 15 has emerged as the leading segment with the highest shares. Maltodextrin with a dextrose equivalent 15 is used in the personal product industry and the cosmetics industry on a large scale for applications such as thickening, foaming and stabilising which in turn led to this type of Maltodextrin emerging as the leading segment.
The maltodextrin market is segmented into food and beverage, cosmetics, pharmaceuticals, paper and pulp industries on the basis of applications, out of which the food and beverage segment emerged as the leading segment with the highest shares. The rapid growth in the population, the rapid evolvement of the food and beverages industry, the competitive market scenario, the economic growth and demand for healthy and better-quality food and beverages are the factors which have led to the food and beverages emerging as the leading segment.
The report “Global Maltodextrin Market Report By Product (MD 10, MD 15, MD 20 And MD 30), By Application (Food & Beverage, Pharmaceutical, Pulp & Paper Industries And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025” studies the market in detail bringing out the upcoming opportunities and growth factors.
The global maltodextrin market was dominated by North America with the largest market share globally and Europe as the second largest market. The demand for maltodextrin is mainly from France, UK and Germany. Asia pacific has the highest CAGR during the forecasting period. The market is analysed under various regions named North America, Europe, Asia-pacific, Middle East and Africa and Latin America. Regions such as Latin America, South America and Europe are likely to exhibit a lower demand for maltodextrin in the upcoming years.
The Report Segments Global Maltodextrin Market –
Food & Beverage
Pulp & Paper Industries
Middle East & Africa
Players Profiled In The Report:
The major key players profiled in the report are Grain Processing Corp, Roquette, Henan Fetian, Cargill Inc., ADM, Agrana Group, Ingredion, Tate & Lyle, Grana Group, Avebe and Nowamyl among others
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