+91-8668442535
Home / Chemicals / Maltodextr

Maltodextrin Market By Application (Food & Beverages, Feed, Personal Care & Cosmetics, Pharmaceuticals, Papermaking) By End User (Sweetner, Binder, Encapsulation) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Maltodextrin is a polysaccharide known as a white powdered starch derivative. It is a food additive that belongs to the group of complex sugar. Production of maltodextrin is carried out through partial hydrolysis of grain starch, including wheat, corn, rice, and potatoes. This method absconds the product with less than 20% of sugar. Therefore, it is also used in sugar substitutes such as Equal and Splenda. Maltodextrin is known to have a bland flavor and smooth texture.

It is cheaper than any other hydrocolloids. Hence, it is used on a large scale in the food & beverages industry. In the food industry, maltodextrin is used in salad dressings, desserts, snacks, instant pudding, etc. Apart from the food & beverage industry, maltodextrin is also used as a binding agent in the manufacture of medicines. Therefore, increasing demand for maltodextrin is reported from the pharmaceutical industry and is projected to increase in the near future.

Growing health consciousness among the people in both the developed and developing economies is driving the market growth of maltodextrin globally. The benefits of maltodextrin are driving the food manufacturers to use maltodextrin over sugar in various food products they make. Hence, the food & beverage industry is the major consumer of maltodextrin in the market.

The pharmaceutical industry is expected to follow the food & beverage industry in terms of demand in 2015 and is expected to rise during the forecast period. Easy availability is another factor promoting the demand for maltodextrin from various end-use industries worldwide. Other applications which make use of maltodextrin for a wide range of applications include papermaking, personal care & cosmetic and feed, among others. These applications are also anticipated to contribute to the growing demand for maltodextrin in the global market during the forecast period from 2016 to 2021.

The maltodextrin market was valued at $ 3.1 Bn in 2015 and is expected to reach US$ 4.6 Bn by 2021, growing at a CAGR of 6.0% during the forecast period 2016-2021.

Based on its application, the maltodextrin market is categorized into following segments:

  • Food & Beverages
  • Feed
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Papermaking
  • Others

Food & Beverages accounted as the major application of the maltodextrin market. It accounted for more than 40% share of global maltodextrin market in 2015. Maltodextrin is used on a large scale in the food industry as a filler or thickener due to its properties such as viscosity, binding and texture. Increasing awareness for health and health consciousness has contributed to the rising demand for maltodextrin. Growing demand for low-calorie food has gained high demand for maltodextrin from the food industry globally. Maltodextrin is added in breweries as it increases dryness and heat retention of the drink.

It is fluffed to give volume to artificial sweeteners while keeping calories and weight down. Therefore, the food & beverages industry is anticipated to fuel the growth of the global maltodextrin market. Maltodextrin is also used in manufacturing drugs and medicines. They are used as diluents in single dosage preparations such as sachets. As they possess binding properties, they are also used in the manufacture of a few medicines and tablets. Hence, high demand from the pharmaceutical industry is another factor driving the growth of the global maltodextrin market.

Maltodextrin is also used to manufacture personal care products such as facial scrubs, soaps, cleansing lotions, etc. Personal care & cosmetics is also anticipated to fuel demand for maltodextrin in the market. In addition, other applications such as feed and papermaking are also projected to fuel market demand for maltodextrin during the forecast period from 2016 to 2021.

Based on its application, the maltodextrin market is categorized into the following functions:

  • Sweetener
  • Binder
  • Encapsulation
  • Others

Maltodextrin is used as an alternative to sugar. It is used for various applications in the end-use industries such as food & beverages, pharmaceuticals, feed, and papermaking. Maltodextrin is used as a sweetener, binder, additive, and others. It also serves the purpose of encapsulation of ingredients. The emulsifying, high solubility and low viscosity properties of maltodextrin have led to high global demand from the above-mentioned end-use industries. Among the functions stated above, maltodextrin is used as a sweetener on a large scale in the food industry. As mentioned, it is used as an alternative to sugar. Growing health consciousness among the population in developed as well as developing economies has led to high demand for low-calorie foods and hence maltodextrin is in high demand in the market.

Furthermore, Maltodextrin is used as the binder for many applications in the pharmaceutical industry. It is used to produce various tablets and drugs such as capsules. Hence, maltodextrin is also used as a binder and is expected to gain importance in the near future. Maltodextrin also functions as binders and an encapsulation ingredient in various other applications such as feed, personal care & cosmetics, and papermaking. These applications are also projected to boost market demand for maltodextrin due to the functional properties which benefit the end-use industries worldwide.

Based on geography, the global maltodextrin market is segmented into the following categories

  • North America
  • U.S.
  • Canada
  • Rest of North America
  • Europe
  • France
  • Germany
  • UK
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacifi
  • Middle East & Africa
  • Latin America
  • Rest of the World (RoW)

North America accounted for the largest share of the global maltodextrin market in 2016. North America and Europe accounted for more than 58% of the global maltodextrin market in 2016. Maltodextrin has become a vital ingredient in wide range of end-use industries. The growing popularity of maltodextrin over sugar has led to high demand for maltodextrin in the market. Increasing health consciousness among the population is the major factor driving the growth of the global maltodextrin market. In addition, the preferable choice for low-calorie food over other food has led to high demand for maltodextrin from the food & beverage industry. Easy availability is another factor adding to the demand for maltodextrin globally. The Asia Pacific is also anticipated to boost market demand for maltodextrin due to high demand from the pharmaceutical and papermaking industries. Maltodextrin is used as a binder in the production of various drugs and medicines and in manufacturing paper and its products. Hence, Asia Pacific is also expected to boost market growth for maltodextrin in 2016 and is expected to increase in the near future. Other regions such as the Middle East & Africa, Latin America, and Rest of the World are also projected to contribute to the growing demand for maltodextrin in the market due to its applications in a wide range of end-use industries.

Frequently Asked Questions

The market for Maltodextrin is expected to reach US$ 4.6 Bn by 2021.

The Maltodextrin market is expected to see significant CAGR growth over the coming years, at 6.0%.

The report is forecasted from 2016-2021

The base year of this report is 2015.

Tate & Lyle PLC, Cargill Inc, The Archer Daniels Midland (ADM) Company, Roquette Frères SA, Agrana Group, Grain Processing Corporation, Zhucheng Dongxiao Biotechnology Co. Ltd., Ingredion Incorporated, Tereos Starch & Sweeteners s.a.s., Penford Corporation are some of the major players in the global market.

Choose License Type
Trusted By
Godaddy
Published Date:  Apr 2016
Category:  Chemicals
Report ID:   57799
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support