Maltodextrin Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Maltodextrin Market – Size, Share, Outlook, and
Opportunity Analysis, 2018 – 2026
Maltodextrin is a white hygroscopic polymeric carbohydrate, which finds major application
as additives in food and beverage products to enhance their texture and mouthfeel. It is
derived from corn or wheat starch by partial hydrolysis in the presence of acids or enzymes.
Apart from food, maltodextrin finds application in horticulture insecticides used in both field
and greenhouses. In pharmaceutical industries, maltodextrin is used as filler and stabilizer in
drug capsules.
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Market Dynamics:Maltodextrin finds major applications in food & beverages industry as thickening agent,
preservative, and binders. It is also regarded as safe over other carbohydrates for diabetic
people, owing to its low dextrin value. Maltodextrin is also taken as sports nutrients to gain
weight. Growing urbanization, changing lifestyle, and rising demand for convenience food is
increasing demand for processed & canned food, which is expected to drive growth of the
maltodextrin market over the forecast period. For instance, according to the Organization for
Economic Co-operation and Development, the global market value of packaged foods is
projected to grow from US$ 793.3 billion in 2015 to US$ 872.7 billion by 2020.
Maltodextrin possesses high glycemic index, which could increase the blood sugar level if
taken in high quantity. Maltodextrin is also susceptible to harm gut bacteria. These factors
may limit the use of maltodextrin in food, which is expected to hamper growth of the
maltodextrin market over the forecast period.
Market Outlook:Asia Pacific region holds dominant position in the global maltodextrin market, owing to
increasing population, rising demand for convenience food, growing urbanization, and
increasing beer consumption in the region. For instance, according to the World Health
Organization, in 2016, China contributed 22.4% share in global beer consumption. Moreover,
beer consumption in India increased by 8% during 2011-16, as per WHO, which gives the
major growth to maltodextrin industry.
Key players in the Global Maltodextrin Market:Key players operating in the global maltodextrin market include Cargill Inc., BASF SA,
Tereos SA, Grain Processing Corp, Global Sweeteners Holdings Ltd., Ingredion Inc.,
Archer-Daniels-Midland Company, Gujarat Ambuja Exports Ltd., Henan Feitian Agricultural
Development, and Nowamyl SA.
Major companies are adopting organic and inorganic growth strategies, in order to enhance
their product portfolio. For instance, in July 2018, Archer Daniels Midland Company, in
association with Vedan International, launched a new line of tapioca maltodextrin product
range.
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The research report on Maltodextrin Market is segmented by Form, by Application, and by Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026