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Maltodextrin Market

Market Study on Maltodextrin: North America to Remain Leading Regional Market

Maltodextrin Market Segmented By Corn-based, Wheat-based, Potato-based, Cassava-based Source with Spray-dried Powder, “Instantized” / Agglomerated** Form

Maltodextrin Market Outlook (2022-2032)

The global maltodextrin market is projected to increase from a valuation of US$ 3.7 Bn in 2022 to US$ 6 Bn by the end of 2032, expanding at a steady CAGR of 4.9% over the next ten years.

Sales of maltodextrin represented 28.1% share of the global thickeners market in 2021.

Maltodextrin Market Size (2022E)

US$ 3.7 Bn

Projected Maltodextrin Sales (2032F)

US$ 6 Bn

Market Growth Rate (2022-2032)

4.9% CAGR

Contribution of Food & Beverage Industry to Market Share (2021A)

3.5%

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How are the Growth Avenues in the Maltodextrin Market are Being Driven?

“Rising Demand for Downstream Products”

In recent years, there is a noticeable increase in the demand for maltodextrin from downstream products, for example, milk powder, ice cream, and other instance drinks. The product is used at an increased rate in many food and beverages, for instance, candy, soft and instant drinks, ice cream, and flavoring and essence. Moreover, maltodextrin is used in breweries to increase dryness and head retention of the drink.

So, the growing use of the industry product in various food items is estimated to bolster sales opportunities in the maltodextrin market in the coming years.

“Growing Global Requirement for Sugar-free Products”

The increased demand for sugar-free food around the world is likely to drive sales avenues in the market. As maltodextrin is not typical sugar and is commonly safe for patients with diabetes that is further likely to stimulate its application in sugar-free products.

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What is Restricting Market Growth?

“Increasing Population of Gluten-Intolerant People”

There is a noticeable increase in the population of gluten-intolerant people around the world. These people due to their physical issues are unable to opt for the industry products that are further anticipated to serve as a restraint to the market growth opportunities.

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Which Region Leads the Global Maltodextrin Market?

“Increased Demand from Sports Drinks and Food in North America”

Out of all the regional areas, North America is projected to hold a leading position in the global maltodextrin market in the years ahead. The dominance of the regional market is attributed to rising demand for these products from the sports drink and food market.

North America is followed by Europe owing to rising demand from the instant drink and ice cream market for these products. Germany, the U.K., and France are the prominent countries that are likely to fuel demand opportunities in the regional market.

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Recent Industry Development

  • Cargill, in 2021, launched a maltodextrin substitute that is based on rice flour. The ingredient can be used as a substitute for maltodextrin and is also helpful to improve mouthfeel. According to Cargill, consumers generally found SimPure rice flour, a prototype to be creamier in sensory tests of the powdered chocolate milk.

Maltodextrin Overview

Maltodextrin is manufactured by partial hydrolysis of starch. It is used as a thickening or filling agent in food and beverages. Maltodextrin is manufactured from wheat or corn. Maltodextrin is used in foods, breweries, and snacks among others. It is a key element in sports drinks resulting in more favorite drinks for the athletes. It is also used in frozen food.

Key Market Players

Some of the key manufacturers of maltodextrin are Tate and Lyle Plc, The Archer Daniels Midland Company (ADM), Cargill Incorporated, Ingredion Incorporated, Roquette Freres, and Tereos Syral.

Maltodextrin Industry Report Scope

Attribute

Details

Forecast period

2022-2032

Historical data available for

2017-2021

Market analysis

USD million for value

Key regions covered

  • North America
  • Europe
  • Latin America
  • East Asia
  • The Middle East & Africa
  • South Asia & Pacific

Key countries covered

  • U.S.
  • Canada
  • the UK
  • Germany
  • France
  • Spain
  • Mexico
  • Italy
  • Japan
  • China
  • India
  • New Zealand
  • Malaysia
  • Australia
  • Thailand
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

Key market segments covered

  • Source
  • Form
  • Application
  • Region

Key companies profiled

  • Tate and Lyle Plc.
  • The Archer Daniels Midland Company (ADM)
  • Cargill Incorporated
  • Ingredion Incorporated
  • Roquette Freres
  • Tereos Syral

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & pricing

Available upon request

Maltodextrin Industry Research by Category

By Source:

  • Corn-based
  • Wheat-based
  • Potato-based
  • Cassava-based
  • Others (Rice, Banana)

By Form:

  • Spray-dried Powder
  • “Instantized” / Agglomerated**

By Application:

  • Food and Beverages
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Daily and Fine Chemicals
  • Others

By Region:

  • North America
  • Europe
  • Latin America
  • East Asia
  • The Middle East & Africa
  • South Asia & Pacific

- Companies Covered in This Report -

  • Tate and Lyle Plc.
  • The Archer Daniels Midland Company (ADM)
  • Cargill Incorporated
  • Ingredion Incorporated
  • Roquette Freres
  • Tereos Syral

- Frequently Asked Questions -

The global maltodextrin market is estimated to progress at a CAGR of 4.9% through 2032.

The present valuation of the maltodextrin market is US$ 3.7 Bn.

The maltodextrin market is likely to reach US$ 6 Bn by the end of 2032.  

The food & beverage industry holds 3.5% share of the maltodextrin market.

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