The Global Maltodextrin market size is expected to be USD 4.64 Billion in 2024 to reach an extent of USD 7.91 Billion by 2032, recording a CAGR of 6.9% from 2024 to 2032.
Maltodextrin produced from starch is a polysaccharide that is used as an additive in the food and beverage industry. The benefits that maltodextrin offers are the main reason for its great demand in the market. Maltodextrin is easy to digest, is moderately sweet or almost tasteless, and has an absorptive power similar to glucose. Hence, it is known to be the key derivative of starch in the food industry. It is used as a thickener, binder, and flavouring agent in many food products. It is also used in the production of soft drinks and sweets. Therefore, the food and beverage industry is the main consumer of maltodextrin and its demand is expected to increase in the near future. Due to the unique properties of maltodextrin, it finds application in a wide range of end-use industries. The binding property associated with maltodextrin increased its application in the making of tablets. Tablets, like capsules, are made from maltodextrin. Therefore, the pharmaceutical industry reports strong demand for maltodextrin in the market.
Rapid urbanization and growing disposable income are two major factors for the maltodextrin market growth rate. In urban areas, people are more inclined to consume sweet products like ice cream, peanut butter, and others. Maltodextrin has special advantages in the food and beverages industry. Most of the food products we purchase contain maltodextrin, which is approved by the Food and Drugs Administration as a generally safe food additive. Food products like yogurt, nutrition bars, chips, sauces, spice mixes, and many others generally contain maltodextrin. In today’s world, both men and women are working in busy lifestyles where their preference for readily available food products that are safe and healthy to balance their health and wellness greatly influences the growth rate of the market. Americans look for easy protein intake, and protein bars are one among them. It is a known fact that at least 44 million Americans prefer protein bars every year, and the number is growing at a higher rate.
The trend towards being health-conscious despite their busy lifestyle is ascribed to prompting the growth rate of the market. Increasing health awareness and the rising number of people who focus on doing regular exercises in the gym are likely to leverage the growth rate of the market. People focus on losing weight to maintain a balanced, healthy lifestyle by doing workouts, which substantially escalates the growth rate of the maltodextrin market. The number of people suffering from obesity is eventually increasing day by day across the world. For instance, in the US, over 70 million people are obese, which is a rising risk of various chronic diseases. These statistics are inclined to raise the prominence of adopting healthy food habits followed by workouts.
The increasing scale of pharmaceutical industries is also a positive factor in the growth of the maltodextrin market. Maltodextrin plays a crucial role in manufacturing various drugs as it has various features, such as water-soluble and non-sweet. At the same time, in manufacturing single-unit dosage preparations like sachets, water-soluble products such as maltodextrin are used as a diluent that promotes excellent binders for compression. Therefore, the rising demand for the manufacturing of innovative drugs in pharmaceutical industries is to gear up the growth rate of the market. On-going research and development activities to launch various drugs that enhance the product value are additionally to propel the growth rate of the market.
Rising demand for sugar-free products is anticipated to showcase huge growth opportunities for the maltodextrin market in the coming years. The shifting trend towards the adoption of healthy diet options and also the consumption of dietary supplements on a daily basis to stay fit and healthy is enhancing the growth rate of the market. Maltodextrin has huge benefits when making dietary supplements. The growing number of athletes is also accelerating the market’s share. Athletes often need to maintain high energy levels throughout the activity, whereas energy drinks help them to give an instant energy boost. Maltodextrin is an easily digestible source that gives quick energy to the muscles in a very short time. Due to this reason, maltodextrin is used in huge quantities by the companies that manufacture energy drinks, which is attributed to the surging growth rate of the market in the foreseen years.
Lack of complete knowledge in consuming moderate dosage of maltodextrin may lead to many negative results and is a major factor restraining the growth rate of the maltodextrin market. Maltodextrin is rich in carbohydrates and has low nutritional value. Though it is used in energy drinks to boost the energy instantly in the muscles, excess consumption of maltodextrin may result in weight gain, which is a factor that is ascribed to hinder the growth rate of the market. In addition to this, a few people also face allergic reactions to the consumption of the maltodextrin market. People notice allergic reaction symptoms like gastrointestinal symptoms, especially those who are already suffering from gluten intolerance disease. Therefore, these adverse side effects among a few people are likely to stymie the growth rate of the maltodextrin market.
Rising disruptions in the supply chain are eventually raising the difficulty in the availability of raw materials, which is a major factor hindering the growth rate of the market. The fluctuations in the prices of the raw materials will constantly elevate the costs of the final products, which will negatively impact the growth rate of the maltodextrin market. In addition, the availability of alternate substances at very low prices is greatly challenging the market key players.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
6.9% |
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Segments Covered |
By Application, Product and Region. |
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Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Tereos Syral, Tate and Lyle Plc, Roquette Freres, Ingredion Incorporated, Cargill Incorporated, The Archer Daniels Midland Company (ADM) |
MD 15 dominated the product segment by having the largest market share. The growing demand for personal care products such as thickeners, moisturizers, stabilizers, foaming agents, and fillers is driving the growth of the segment. The burgeoning cosmetics industry, due to increased awareness and spending on personal care, skincare, and hair products, especially among women, is further driving growth in the segment.
MD 15 segment is leading with the dominant share of the market owing to increasing demand for the use in the manufacturing high quality personal care products. The MD 15 maltodextrin is highly safe for the use in the cosmetics and other skin care products. It acts as a binding agent in preparing a moisturizer that keeps the moisture long lasting due to its good moisture absorbing property. MD 30 is likely to have the highest growth rate during the forecast period.
The pharmaceutical industry has been gaining huge traction over the share of the maltodextrin market in the past few years. Rising incidences of various chronic diseases are anticipated to level up the productivity rate of medicines, which will surge the growth rate of the market in this segment. The food and beverages segment is expected to have prominent growth opportunities in the coming years. Increasing focus on establishing different strategies to supply food products across the world in accordance with the growing demand for various food products like snacks, ice creams, and sugar-free food options is likely to promote growth opportunities for the maltodextrin market.
North America's maltodextrin market share has been gaining huge traction in the past few years with the presence of topmost key players. The launch of various food products according to the customer’s preference over low calories is greatly influencing the growth rate of the maltodextrin market. The US and Canada are the major countries contributing the highest share of the market. The increasing demand to launch high-quality livestock feed is likely to fuel the growth rate of the market in the US. Maltodextrin has a major application in launching quality feed for livestock. Research studies state that the use of maltodextrin is showing positive results in the growth of livestock. The easily digestible nature of maltodextrin enhances the quality of life of the livestock. In addition, the rising per capita income is also leveraging the growth rate of the maltodextrin market in North America.
Asia Pacific is likely to hit the highest CAGR by the end of 2032. The increasing population and the growing demand for the production of various food products are escalating the market share in Asia Pacific. High support from both government and non-government organizations through funds in order to escalate the production units in the food and beverages industries is outraging the growth rate of the Asia Pacific maltodextrin market. India and China are growing in ways that are ascribed to investing huge amounts in various industries. The rising number of end-user industries is likely to escalate the growth opportunities for the maltodextrin market in the Asia Pacific region.
Europe's maltodextrin market size is eventually growing, following North America with the growing consumer preferences for personal care and beauty products. High disposable income in urban cities is contributing to the launch of innovative personal care products with the latest technologies that are likely to amplify the market’s size. The growing demand for dietary supplements from people who are seeking to maintain good health is eventually scaling up the growth rate of the market value.
Latin America, and Middle East & Africa are likely to have the largest growth opportunities in the future period.
Key Players In The Maltodextrin Market are Tereos Syral, Tate and Lyle Plc, Roquette Freres, Ingredion Incorporated, Cargill Incorporated, The Archer Daniels Midland Company (ADM)
By Application
By Product
By Region
Frequently Asked Questions
Maltodextrin has a wide range of applications in the food and beverage industry. It is used as a thickener, filler, or bulking agent in products such as beverages, soups, sauces, dressings, desserts, and snack foods. Maltodextrin is also used in sports and nutrition products as a source of quick energy.
Maltodextrin is produced by various food ingredient manufacturers around the world. The production process involves enzymatic hydrolysis of starch-rich crops like corn, wheat, or potatoes to break down the starch into shorter chains of glucose molecules, which are then refined and dried to produce maltodextrin powder.
Maltodextrin is a carbohydrate derived from starch, commonly corn, wheat, potato, or rice. It is produced through hydrolysis, a process that breaks down the starch into shorter chains of glucose molecules. Maltodextrin is often used as a food additive and thickening agent due to its neutral flavor and ability to dissolve in water.
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