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Maltodextrin Market
The global maltodextrin market is projected to increase from a valuation of US$ 3.7 Bn in 2023 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 2023.
Maltodextrin Market 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, brewery and snacks among others. It is key element in sports drink resulting in more favourite drink for the athletes. It is also used in frozen food.
The market for maltodextrin was mainly driven by increasing demand from downstream products such as ice-cream, milk powder and other instant drinks. Maltodextrin is used in various food and beverages applications such as soft and instant drinks, candy, ice cream and flavouring and essence among others. In addition, maltodextrin is also used in breweries as it increases the head retention and dryness of the drink. One of the major opportunities for the maltodextrin market is sugar free food. As maltodextrin is not true sugar and is safe for diabetic patients it is more likely used in sugar free products. However, individuals suffering from gluten intolerance will not be able to opt for these products and can act as a restraint to the market.
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In terms of demand, North America was the leading region for maltodextrin market. The demand is higher from sports drink and food market. North America was followed by Europe, where the demand is huge from ice cream and instant drink market. The demand for maltodextrin is mainly from France, the U.K. and Germany. Asia Pacific is expected to be the fastest growing market for the maltodextrin. The demand is this region is driven by India and China. Huge demand from ice cream and instant drinks market is likely to be major driver for Asia Pacific region. Regions such as Latin America, South America and Central Europe are expected to exhibit lower demand for maltodextrin in upcoming years.
Maltodextrin made from wheat is an example of a component that should not be used in gluten-free products. Celiac disease sufferers are unable to consume the same foods. Over the forecast period, the rise in the prevalence of the celiac disease is anticipated to restrain the market growth for maltodextrin.
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Some of the key manufacturers in the cyclohexane market are
Tate and Lyle Plc The Archer Daniels Midland Company (ADM) Cargill Incorporated Ingredion Incorporated Roquette Freres and Tereos Syral among others.
Since maltodextrin improves the texture of food without adding calories, it is frequently utilised as a partial fat substitute. Given this, fitness and health fanatics frequently ingest it. Maltodextrin is valued for its ability to emulsify, gel, texturize, and prevent crystallisation. It has a taste that is neutral and can be used to introduce spices into food.
Maltodextrin is a perfect component to use in a variety of foods and beverages due to the aforementioned purposes.
Table of Content of this Report:
Maltodextrin Market Overview and Analysis [ Market Size | Market Y-o-Y Growth | Market Dynamics] Maltodextrin Market Overview and Analysis [ Supply Chain | Cost Structure | Pricing Analysis | Raw Material Sourcing Strategy and Analysis | List of Distributors] Global Maltodextrin Market Analysis and Forecast By Product Type Global Maltodextrin Market Analysis and Forecast By Application Type Global Maltodextrin Market Analysis and Forecast By Region [ Europe | North America | APAC | Middle East and Africa] Global Maltodextrin Market Company Share, Competition Landscape and Company Profiles Research Methodology Secondary and Primary Sources Assumptions and Acronyms
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