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Dextrin Market: Future Industry Scope, Growth Opportunities, and Forecast Through 2024-2031 | Ingredion Incorporated, American Key Products, Inc., Meelunie B.V.
Dextrin Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Dextrin market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Dextrin Market reached US$ 2.94 billion in 2023 and is expected to reach US$ 4.08 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.
What is Dextrin Market?
The dextrin market focuses on the production and use of dextrin, a carbohydrate derived from starch through hydrolysis. Dextrin serves as a versatile ingredient in various industries, including food and beverages as a thickener and stabilizer, in pharmaceuticals for drug delivery, and in adhesives and textiles for binding. The market is driven by the rising demand for clean-label ingredients, natural thickeners, and eco-friendly industrial solutions, fostering growth and innovation across sectors.
Growth Driver
Growing Demand for Clean-Label and Natural Ingredients
With increasing consumer awareness about the benefits of clean-label ingredients, there is a growing demand for clean-label dextrin in various products. This trend is encouraging manufacturers to produce dextrin at an industrial scale. For example, Roquette Frères, a French food company known for plant-based ingredients, introduced Nutralys T70S in 2021. This new line of corn maltodextrin serves as a clean-label ingredient for use in a wide range of food products, meeting the rising consumer demand for natural and transparent ingredients.
Key Players:
Profiles of some of the major players in the global Dextrin market, which 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.
Industry Development:
In January 2023, Kirin Holdings Company, a Japanese beverage company, announced a collaboration with Fancl Corporation, a dietary supplements firm, to launch the Kirin x Calolimit Apple Sparkling beverage. This carbonated drink contains indigestible dextrin, a form of dietary fiber aimed at supporting digestive health.
In March 2021, Angel Starch and Food Private Limited, a manufacturer and exporter of industrial starch, introduced dextrin starches to the market. The launch of Tapioca White Dextrin expanded the company's range of dextrin products, especially in the textile manufacturing sector across Europe, strengthening its presence in the dextrin market.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Dextrin market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Type: Maltodextrin, Cyclodextrin, Amylodextrin, Others.
By Powder Form: Yellow, White, Brown.
By Nature: Organic, Gluten-Free, Non-GMO.
By Distribution Channel: Offline Distribution Channel, Online Distribution Channel.
By Price Range: Low-Cost, Mid-Range, Premium.
By Application: Emulsifier, Stabilizer, Thickener, Binder, Others.
By End-User Industry: Food and Beverage, Pharmaceutical, Cosmetic, Paper and Textiles, Others.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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