Maltodextrin Market Size Predicted to Reach USD 5,550.00 Million by 2026
According to the report, The global Maltodextrin market in 2019 was approximately USD 4,000.00 Million. The market is expected to grow at a CAGR of around 7.0% and is anticipated to reach around USD 5,550.00 Million by 2026.
Maltodextrin is a food additive used in several processed foods. It is a white color powder that dissolves in water and relatively tasteless. It is made from wheat, potato starch, rice, and corn. Manufacturers use maltodextrin in processed food to improve their shelf life, thickness, and flavor. It also consumed as carbohydrate supplements by athletes. Manufacturing of maltodextrin is called hydrolysis. The process uses acids, enzymes, and water to breakdown the starch into reduced pieces. Maltodextrin is known as a very-easy-to-digest carbohydrate. However, it does not have any nutritional value. Genetically modified corn is a common source of maltodextrin. Processed foods that contain maltodextrin include frozen meals, energy & sports drinks, soups, salad dressings, pasta, cooked rice & cereals, and other related products. Some manufacturers add maltodextrin to livestock feed, hair-care products, lotions, creams, and cosmetics.
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The maltodextrin market research report delivers an acute valuation and taxonomy of the Maltodextrin industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Maltodextrin industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the maltodextrin industry is provided for the leading economies of the world.
The maltodextrin market is segmented based on type, and application. On the basis of type segmentation, the market is classified into MD 10, MD 15, MD 20, and MD 30. In terms of application segmentation, the market is bifurcated into pharmaceuticals, food & beverage, paper and pulp industries, and others (personal care products, infant foods, etc.).
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Some of the essential players operating in the maltodextrin market, but not restricted to include Roquette, Cargill Inc., Grain Processing Corp, ADM, Matsutani, Tate & Lyle, Ingredion, Avebe, Agrana Group, Zhucheng Xingmao, Henan Feitian Agricultural Development Co., Ltd., Shijiazhuang Huachen Starch Sugar Production Co., Ltd., Qinhuangdao Lihua Starch Co. Ltd., Shandong Xiwang Sugar Industry Co., Ltd., San Soon Seng Food Industries Sdn. Bhd., PPZ NOWAMYL S.A, and WGC, among others.
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