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Polydextrose Market Significant Demand by 2021 | Top Companies are Tate and Lyle, Danisco A/S, Medallion Labs, Baolingbao Biology, MengzhouTalijie, Vitahealth, CJ CheilJedang, Cargill Inc and Samyang Genex
Polydextrose Market OverviewPolydextrose is composed mainly of dextrose and carbohydrates that combine to create a polymer. Polydextrose is made of natural components. Due to the complicated distribution of the bonds in its branched structure, polydextrose is responsible for the restriction of digestion in the upper gastrointestinal tract. Since polydextrose is partially fermented in the intestine, it has an energy value of 1 kcal/g.
Global Polydextrose Market was valued USD 185 million in 2013 and USD 193 million in 2016 and going to reach USD 223 million by 2021 growing at a CAGR of 1.42% during the forecast period 2016 to 2021.
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Polydextrose is a food ingredient considered as the synthetic polymer of glucose. The Food and Drug Administration of the United States, and Health Canada have classified polydextrose as a food ingredient classified as soluble fiber in 2013. The main function of polydextrose is to increase the non-food fiber content of foods and replace sugar calorie content in foods. Taste and texture play an important role for consumers and they are particularly attracted to healthy drinks. Polydextrose has a strong solubility and rheological properties similar to sucrose, which shows great versatility. Such an ingredient adds a desirable texture to liquids such as yogurt, milk drinks, sauces and salad dressings, and also reduces the calorie and sugar content. Polydextrose products are added to foods that require swelling agents or foods high in fat and sugar.
Drivers and Restraints:
The world market for polydextrose is mainly related to a greater awareness of health among consumers around the world. Health problems such as diabetes and obesity are considered the main concern in recent years. To minimize the problems, consumers tend to prefer low-calorie products and sugar. However, the volatility of raw materials has a negative impact on the market. In addition, increased corn production in developing regions such as Asia Pacific creates an opportunity for the global polydextrose market during the forecast period. Rising demand for functional foods due to the rising prebiotic benefits is anticipated to propel the growth of the global polydextrose market. Key manufacturers for polydextrose over the years have been focused towards continuous product upgradation and innovation due to the shift in consumer preferences towards sugar substitute and low-calorie foods.
Geographic Segmentation:
The global polydextrose market has been segmented into different forms and applications. On the basis of different forms, the liquid polydextrose will grow faster during the forecast period due to the increased demand for medical syrups and cultured dairy products. The polydextrose market has been segmented based on different applications, namely bakery products, confectionery products, nutritious foods, beverages, cultured dairy products and others such as jams, jellies and desserts.
As part of this study, the market has been segmented in North America, Europe, Asia-Pacific, Middle East, Africa and Latin America. It is expected that North America, which includes the United States and Canada, will absorb a large part of the market share. The favorable regulation of the Food and Drug Association is expected to stimulate growth in the polydextrose market in North America. The Asia-Pacific region, which includes China, India, Japan and Australia, is expected to publish the fastest growth rate during the estimated period due to continued demand for low-calorie foods in the developing countries. Changing eating habits and good health is an important macroeconomic phenomenon and a growing consumer concern. It is expected that the growing number of people with diabetes in the Asia-Pacific region, along with the trend towards low-calorie foods, will trigger the growth rate of the polydextrose market. It is expected that Europe, which includes France, Germany, Italy and the United Kingdom, will gain a significant share in the polydextrose market after North America due to growing concerns about obesity and other health problems.
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Key Players of Polydextrose Market:
Some of the key participants in the Polydextrose Market include Tate and Lyle, Danisco A/S, Medallion Labs, Baolingbao Biology, MengzhouTalijie, Vitahealth, CJ CheilJedang, Shandong Minqiang Biotechnology Company Limited, Cargill Inc., Samyang Genex among others.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.
The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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