According to a new market report published by Credence Research “Maltodextrin Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the maltodextrin market was valued at US$ 3.2 Bn in 2016, and is expected to reach US$ 4.6 Bn by 2022, expanding at a CAGR of 6.0% from 2016 to 2021.
Browse the full Maltodextrin Market (Sweetner, Binder, Encapsulation, Others) for Food && Beverages, Feed, Pharmaceuticals, Personal Care & Cosmetics, Papermaking and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/maltodextrin-market
Maltodextrin which is produced from starch is a polysaccharide used as a food additive in the food & beverages industry. The benefits offered by maltodextrin are the chief reason for its high demand in the market. Maltodextrin is easy digestible, has moderately sweet or almost flavorless and has absorption power similar to glucose. It has therefore known to be the key starch derivative in the food industry. It is used as a thickener, binding agent and flavor in many food products. It is also used in the production of soft drinks and candy. Hence, food & beverage industry is the major consumer of maltodextrin and is expected to increase its demand in the near future. Owing to the unique properties possessed by maltodextrin, it has application in wide range of end-use industries. The binding property of maltodextrin makes it applicable in the production of tablets. Tablets such as capsules are manufactured using maltodextrin. Hence, high demand is reported from the pharmaceutical industry for maltodextrin in the market.
Growing demand for low calorie food is driving the market for maltodextrin worldwide. Maltodextrin is used as an alternative to sugar in various food stuffs. Easy availability is another factor contributing for its use in the food & beverage industry. In addition, growing health awareness among the population in both the developed and developing economies is another factor promoting the growth of maltodextrin market. Awareness regarding healthy food and its benefits to the human body is driving the food manufacturers to use low calorie and sugar less ingredients and hence, maltodextrin has proved to be an effective substitute to sugar.
Food & Beverages accounted to be the major application segment with more than 42% share of global maltodextrin market in 2016. It is an effective sugar substitute and hence is used on a large scale in food and beverages industry. Increasing acceptance for maltodextrin over sugar is driving the growth of maltodextrin market globally. Maltodextrin apart from being a food additive also possess binding properties which has led to its application in the pharmaceutical industry. It is used in the production of medicines such as capsules. Hence, pharmaceutical is the second largest application segment boosting demand for maltodextrin in the market. Other applications such as papermaking, feed, personal care & cosmetics are also projected to generate high demand for maltodextrin during the forecast period from 2016 to 2021.
- Alternative to sugar, low calorie sweetner
- Used in production of medicines
- Increasing demand for processed foods
- Opportunities from increasing in demand for GMO-free maltodextrin
For More Information, List of Figure, Tables And TOC Visit – http://www.credenceresearch.com/report/maltodextrin-market
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Web: Credence Research
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Email: Send Email
Address:105 N 1st ST #429
City: SAN JOSE
Country: United States