Press release
Maltodextrin Market to Develop Rapidly by 2024 - 2031 | Cargill, Incorporated, Archer Daniels Midland Company
Maltodextrin Market
The global maltodextrin market is estimated to be valued at US$ 3,571.9 million in 2021 and is expected to exhibit a CAGR of 5.1 % over the forecast period (2021-2028).
Market Dynamics:
The growing demand for functional foods & beverages among consumers is a major factor that is projected to drive the growth of maltodextrin market during the forecast period. Maltodextrin enhances mouthfeel and improves texture in products such as yogurts, processed cheese etc. In addition, it adds stability and helps extend shelf life of products. The rising demand from food processing industry is anticipated to offer lucrative opportunities for maltodextrin manufacturers over the forecast timeframe.
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High Raw Material Costs may Restrict Growth of the Maltodextrin Market
Maltodextrin is mainly derived from corn and tapioca starch through an enzymatic process. Corn is one of the primary ingredients used for manufacturing maltodextrin. Global corn supply and costs have remained volatile over the past few years due to fluctuating crop yields, rising input costs for corn farmers, exports demand from key importers like China, and diversion of crops for ethanol production in the US. Any increase in global corn prices indirectly impacts the maltodextrin market by raising its production costs. Manufacturers may seek alternative raw materials or pass on higher costs to consumers by increasing maltodextrin prices. This can limit its demand from cost-sensitive food and beverage applications to an extent. With uncertain agricultural commodity markets, fluctuating costs remain a key challenge for maltodextrin producers and users.
Emerging Markets present Lucrative Opportunities for Growth of the Maltodextrin Market
Developing economies in Asia Pacific, Latin America, Eastern Europe, Middle East and Africa hold significant growth potential for the maltodextrin market over the forecast period. Rising population, increasing disposable incomes, growing consumption of packaged and convenience foods along with changing urban lifestyles are fuelling the demand for food additives and ingredients in emerging markets. Leading maltodextrin manufacturers from developed regions are shifting their focus towards developing countries to tap into new revenue sources. Improving economic conditions coupled with rapid Westernization of diets in China, India, Brazil, South Africa and other developing countries will further support the demand growth of maltodextrin in the coming years. Market players can gain substantial profits by partnering with regional food companies and developing tailored products for evolving requirements in lucrative emerging territories.
Increasing Demand for Low Calorie and Natural Ingredients is Shaping the Maltodextrin Market Trends
Consumers globally are becoming more health conscious and demanding innovative products made from natural ingredients without compromising on taste and nutrition. This paradigm shift has prompted food formulators to replace synthetic additives and replace them with plant-based, low calorie and clean label alternatives. Maltodextrin manufacturers are responding to these evolving trends by introducing new product variants like erythritol coated maltodextrin, acacia fiber coated maltodextrin and corn cob maltodextrin made from agricultural byproducts. Companies are also focusing on developing specialty grades of maltodextrin that enhance mouthfeel, texture and stability while providing optimal nutrition. The trend towards naturalness
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Top Companies Featured in This Report:
★ Cargill
★ Incorporated
★ Archer Daniels Midland Company
★ Ingredion Incorporated
★ Roquette Frères S.A.
★ Tate & Lyle Plc
★ Penford Corporation
★ Grain Processing Corporation
★ Zhucheng Dongxiao Biotechnology Co., Ltd.,
★ Tereos Syral S.A.S.
Market Segmentation:
By Product Type:
★ Food and beverage, Pharmaceuticals, Paper and cardboard processing, Daily and fine chemicals, Cosmetics, Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1:Â Study Coverage
Chapter 2:Â Executive Summary
Chapter 3:Â Analysis of Maltodextrin Market Competition Landscape by Players
Chapter 4:Â Assessment of Maltodextrin Market Size by Type and Application
Chapter 5:Â Global and Regional Analysis
Chapter 6:Â Company Profiles, recent developments, and investments
Chapter 7:Â Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8:Â Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9:Â Research Findings and Conclusion
Chapter 10:Â Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Maltodextrin sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/2441Â
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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