Maltodextrin Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022 by Credence Research
According to a new market report published by Credence
Research “Maltodextrin Market -
Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 -
2021,” the maltodextrin market was valued at US$ 3.1 Bn in 2015, and
is expected to reach US$ 4.6 Bn by 2021, expanding at a CAGR of 6.0% from 2016
to 2021.
Browse the full Maltodextrin
Market (Sweetner, Binder, Encapsulation, Others) for Food && Beverages,
Feed, Pharmaceuticals, Personal Care & Cosmetics, Papermaking and Other
Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast
2015 – 2021 report at http://www.credenceresearch.com/report/maltodextrin-market
Market Insights
Maltodextrin which is produced from
starch is a polysaccharide used as a food additive in the food & beverages
industry. The benefits offered by maltodextrin are the chief reason for its
high demand in the market. Maltodextrin is easy digestible, has moderately
sweet or almost flavorless and has absorption power similar to glucose. It has
therefore known to be the key starch derivative in the food industry. It is
used as a thickener, binding agent and flavor in many food products. It is also
used in the production of soft drinks and candy. Hence, food & beverage
industry is the major consumer of maltodextrin and is expected to increase its
demand in the near future. Owing to the unique properties possessed by
maltodextrin, it has application in wide range of end-use industries. The
binding property of maltodextrin makes it applicable in the production of
tablets. Tablets such as capsules are manufactured using maltodextrin. Hence,
high demand is reported from the pharmaceutical industry for maltodextrin in
the market.
Growing demand for low calorie food
is driving the market for maltodextrin worldwide. Maltodextrin is used as an
alternative to sugar in various food stuffs. Easy availability is another
factor contributing for its use in the food & beverage industry. In
addition, growing health awareness among the population in both the developed and
developing economies is another factor promoting the growth of maltodextrin
market. Awareness regarding healthy food and its benefits to the human body is
driving the food manufacturers to use low calorie and sugar less ingredients
and hence, maltodextrin has proved to be an effective substitute to sugar.
Competitive Insights
Food & Beverages accounted to be
the major application segment with more than 40% share of global maltodextrin
market in 2016. It is an effective sugar substitute and hence is used on a
large scale in food and beverages industry. Increasing acceptance for
maltodextrin over sugar is driving the growth of maltodextrin market globally.
Maltodextrin apart from being a food additive also possess binding properties
which has led to its application in the pharmaceutical industry. It is used in
the production of medicines such as capsules. Hence, pharmaceutical is the
second largest application segment boosting demand for maltodextrin in the
market. Other applications such as papermaking, feed, personal care &
cosmetics are also projected to generate high demand for maltodextrin during
the forecast period from 2016 to 2021.
Key Trends
·
Alternative to sugar, low calorie
sweetner
·
Used in production of medicines
·
Increasing demand for processed foods
·
Opportunities from increasing in
demand for GMO-free maltodextrin
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