Dextrin Market Size,Share,Growth,Industry Analysis and Forecast (2024-2031)

Dextrin is an essential ingredient in various industries, including the food and cosmetic industry. The rising health consciousness among consumers drives the demand for various natural and functional ingredients. The high fibre content of dextrin helps eliminate wastes from the body and maintain a healthy body weight. Health benefits of dextrin encourage consumers to incorporate dextrin based food and beverage products in their daily diet.

Manufacturers are highlighting the production of non-GMO sourced dextrin. For instance, Nutriose, from Roquette, is a sugar-reduced wheat dextrin from non-GMO wheat. With the rising trend of clean-label ingredients in food and beverage products, the market for dextrin increases constantly due to its sourcing from natural products. The availability of gluten-free dextrin from corn potato starch increases the demand for gluten-free product production.Many dextrin manufacturers provide gluten-free dextrin produced from potato and corn-based raw materials for their use in gluten-free product production. For instance, in 2021, Cargill Inc. announced the introduction of C Tex, a new line of corn maltodextrin products in their product portfolio. Likewise, TACKIDEX, a potato dextrin, is manufactured by Roquette, for its use as an ingredient in clinical nutrition and nutraceuticals.

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Market Dynamics

Dextrin has several applications in various industries. The increasing demand for dextrin from all different industries positively impacts market growth. In the food and beverage industry, dextrin is widely used as a binder, stabilizer and thickening agent. Dextrin plays a key role in pharmaceutical applications as an adhesive and stiffening agent for surgical dressings. It is also used as a diluent and binder for tablet granulation.

The role of dextrin as a binder and emulsifier in the cosmetic industry drives its applications in skin care product formulation. The ability of dextrin to increase the solubility of water-soluble compounds raises its application in the production of body lotions and creams, to achieve a desirable smooth and uniform texture of the product. The wide applications of dextrin in several industries increase its demand, boosting market growth.Rising Demand for Clean-Label and Natural Ingredients The rising consumer awareness regarding the benefits of clean-label ingredients demands the production and use of clean-label dextrin ingredients in various products. The rising demand motivates manufacturers to produce such dextrin at the industrial level. For instance, Roquette Freres, a French-based food company providing plant ingredients, launched Nutralys T70S in 2021. This new line of corn maltodextrin provides a clean-label ingredient for its applications in various food products.

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Segment Analysis

The global dextrin market is segmented based on type, powder form, nature, distribution channel, price range, application, end-user industry and region.Useful and Versatile Ingredient The global dextrin market is segmented based on type into maltodextrin, cyclodextrin, amylodextrin and others. Maltodextrin contributed to the largest segment in the global dextrin market due to its wide applications in the food and beverage industries. Maltodextrin is a food additive in various products such as ice creams, candies and breweries. Maltodextrin's solubility and fat-replacing nature boost its use in the food and beverage sector.Maltodextrin has greater applications as a thickener and preservative in the production of processed food products. Extending shelf life, improving product texture and providing a neutral taste are some of the benefits of maltodextrin in food production. The easy digestibility and rapid absorption properties of maltodextrin drive its applications in various products, driving market growth.

Competitive Landscape

The major global players in the market include Ingredion Incorporated, American Key Products, Inc., Meelunie B.V, Agridient Inc., Emsland Group, Avebe, Archer Daniels Midland Company, Cargill, Inc., Tate & Lyle and Roquette Freres S.A.

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