Maltodextrin Industry | Opportunities Analysis and Newest Trends (2019-2024)
Global maltodextrin market is estimated to grow at a CAGR of between 4.9% to 5.9% from 2019 to 2024.
Maltodextrin is a
white powder which is extracted from natural sources including rice, corn,
starch, potato, and wheat. It is a polysaccharide which is used as a food
additive. It is produced from the partial hydrolysis of starch.
Axiom MRC added an, “Maltodextrin Market Report, By Type, Application, End User and
Geography- Global Market Share, Trend Analysis and Forecast up to 2024”
Maltodextrin has been
approved by the U.S. Food and Drug Administration (FDA) as a safe food
additive. The consumption of maltodextrin as a food additive is largely
governed by changing trends in the genetically modified food products.
Consumers are expected
to lower the consumption of starch from GMO products and are rather expected to
consume maltodextrin as an alternative GMO-free starch. The global maltodextrin
market is estimated to grow at a CAGR of
between 4.9% to 5.9% from 2019 to 2024. The key factor driving growth of
global maltodextrin market is the rising demand for healthy food products that
contain maltodextrin.
Global Maltodextrin Market Segmented Based on:
Based on standard types:
MD10
MD15, and
MD20.
Based on applications:
Binders
Sweetener
Encapsulation, and
others.
Based on end-users:
Food & Beverage
Pharmaceuticals
Industrial
Paper
Animal Feed
Cosmetics, and others.
This segment is
further expected to remain dominant in the near future expanding at a CAGR of
5.3% from 2019 to 2024.
Maltodextrin Market Based on Geography:
North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa. North America comprises U.S., Canada, and Mexico
whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of
Europe. The key countries included under Asia Pacific are China, Japan, India,
Australia, and Rest of Asia Pacific. In Latin America, Brazil, Argentina, and
Rest of Latin America are the key segments whereas in Middle East & Africa,
South Africa and Rest of MEA are the key segments covered in the report.
Maltodextrin Market Players:
Archer Daniels Midland Company, Ingredion Incorporated, Grain
Processing Corporation, Penford Corporation, Tate & Lyle Plc, Cargill Inc.,
Roquette Freres SA, Tereos Syral, Zhucheng Dongxiao Biotechnology Co.,Ltd.,
Agrana Grou, Matsutani, Nowamyl, SSFI-AAA, Radha Govind, and Henan Feitian
Agricultural Development Co., Ltd. among others.
Axiom Market Research & Consulting™ (also known as
Axiom MRC), is a full-service market research and data analytics firm, driven
by a simple aim of providing key market intelligence to companies to assist
them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
Media
Contact:
Ganesh Sai
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
Tel: +1(845)875-9786, +44(0) 20 238697007
Comments
Post a Comment