A report has recently been published on the Global Maltodextrin Market by the renowned market research company, Value Market Research. The report predicts that the global maltodextrin market has been valued at USD 3.9BN in 2019 and is estimated to reach 6.2 BN by 2026 with a CAGR of 7% from 2020 to 2026. There is a rapid growth being experienced by the maltodextrin market globally due to an increase in demand for packaged foods, bakery products and sugar-free sweeteners. Besides, maltodextrin having been considered to be a safer alternative for diabetic patients is becoming another major factor adding to the growth of this market as a result of rise in the number of diabetic patients. The rising demand for beer leading to an increase in the number of breweries is also responsible for boosting the market demand.
Maltodextrin is a polysaccharide that has its applications as a sweetener, thickener and a stabilizer in order to improve the taste, texture and shelf life of packaged food products. It is a white coloured tasteless powder that is produced from starchy substances such as potato, corn, wheat and rice. It is also commonly used in meat substitutes, sugar substitutes, cooked cereals, baked goods, energy and sports drinks.
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, 2019-2026” covers the analysis of the market and the market flow along with an outlook on the competitive landscape.
By product, the global maltodextrin market is segmented into MD 10, MD 15, MD 20 and MD 30 out of which MD 15 has been recognised as the leading segment of this segmentation owing to the rising demand from personal care products and the cosmetics industry. By application, the global maltodextrin market is classified into food & beverage, pharmaceutical and pulp & paper industries where food & beverages has led this segmentation owing to the growing population and growing demand for processed food, supplements, infant food and organic food additives.
North America, Europe, Asia Pacific, Latin America and Middle East & Africa are the areas over which the analysis for the global maltodextrin market is conducted over. North America has dominated the global maltodextrin market owing to a growing demand for instant drinks and ice creams.
The Report Segments Global Maltodextrin Market -
By Product
By Application
- Food & Beverage
- Pharmaceutical
- Pulp & Paper Industries
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
ADM, Agrana Group, Avebe, Cargill Inc., Grain Processing Corp, Henan Feitian, Ingredion, Matsutani, Roquette, Tate & Lyle, WGC and Zhucheng Xingmao
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