The United States market is expected to grow at a CAGR of 6.1% during the forecast period. This growth is driven by the increasing popularity of gluten-free diets and a rising health consciousness, which are boosting the demand for maltodextrin.

NEWARK, DE / ACCESSWIRE / August 2, 2024 / The maltodextrin market size is expected to be valued at USD 4,134.20 million in 2024. The progress of the market is projected to be sturdy over the period from 2024 to 2034, with a CAGR of 4.8%. By 2034, the market value is forecasted to hit USD 6,583.00 million.

Maltodextrin is developing to be one of the prime ingredients used in sweet products, from ice cream to peanut butter. The use of maltodextrin as a thickening agent is seeing it receive greater attention from manufacturers. The demand for sugar substitutes is also influencing the upward mobility of the market.

Maltodextrin is playing an increasingly important part in healthy food. From sports supplements to diet shakes, the rising demand for healthy food is positively influencing the maltodextrin market. Another avenue through which the market is moving forward is through the cosmetics industry, where too there is enhanced demand for organic products.

Greater parental acceptance of baby food and infant formula is driving the demand for maltodextrin. However, the market also has to face up to some challenges. The availability of other sugar substitutes and alternatives to maltodextrin, such as corn syrup, are set to impede the progress of the market.

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Key Takeaways from the Maltodextrin Market

• The maltodextrin market is projected to be valued at US$ 4,134.20 million in 2024.

• Corn is the prevailing source in the market. Coorn-based maltodextrin is expected to account for 56.7% of the market share in 2024.

• Spray-dried maltodextrin tops the form segment. For 2024, spray-dried maltodextrin is anticipated to account for 63.1% of the market share.

• The United States is a promising country for the market. For the forecast period, the CAGR for the United States is estimated to be 6.1%.

• China is slated to have a bright future for the market. The CAGR for China over the forecast period is predicted to be 4.8%.

• The market is expected to register a CAGR of 4.7% in Germany over the forecast period.

"Maltodextrin's gluten-free qualities are helping the consumer base of the product to grow wider. As more people turn towards gluten-free diets, demand for maltodextrin is set to rise. Market players have the opportunity to increase the demand for maltodextrin through making prominent the health and gluten-free elements of maltodextrin," says Nandini Roy Choudhury, Client Partner at Future Market Insights 

Competition Analysis of the Maltodextrin Market

Market players are increasing collaborations with stakeholders in end-user industries. Reducing the cost of production is a key area of concern for market players.

Key Companies in the Maltodextrin Market

• Grain Processing Corp

• Roquette

• Cargill Inc.

• Matsutani

• ADM

• Ingredion

• Tate and Lyle

• Agrana Group

• Avebe

• Nowamyl

• Tereos

• Zhucheng Dongxiao Biotechnology

• Lehmann Food Ingredients

• Others

Recent Developments in the Maltodextrin Market

• In September 2022, Cargill's new maize wet mill opened in Indonesia for increased production of maltodextrin.

• In July 2022, Grain Processing Corporation acquired Natural Products, Inc.

• In June 2022, BASF launched two maltodextrin-infused products called the Probiolift and the Postbiolift.

• In July 2021, the Beta Fuel line of products, containing maltodextrin, was launched by Science in Sport.

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Key Segments

By Source:

• Corn-Based

• Wheat-Based

• Potato-Based

• Cassava-Based

• Others (Rice, Banana)

By Application:

• Food and Beverages

• Cosmetics and Personal Care

• Pharmaceuticals

• Daily and Fine Chemicals

• Others

By Form:

• Spray-Dried Powder

• Instantized / Agglomerated

By Region:

• North America

• Latin America

• Europe

• South Asia

• East Asia

• Oceania

• Middle East and Africa (MEA)

Authored by:  

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.    

She has exceptional analytical skills and often brings thought leadership to the table.   

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.  

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.   

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.  

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The global digestion resistant maltodextrin market size is set to reach USD 567 million in 2024 and grow at a CAGR of 6.6%, reaching USD 781 million by 2034.

The demand for digestion resistant maltodextrin in Japan is expected to grow at a CAGR of 6.2%, with sales increasing from USD 22 million in 2023 to around USD 40 million by 2033.

Demand for digestion resistant maltodextrin in Korea is projected to grow from USD 9.65 million in 2022 to USD 10.34 million in 2023. With a CAGR of 7.6%, sales are expected to surpass USD 21.59 million by 2033.

Demand for Digestion resistant maltodextrin in Western Europe is expected to grow at a CAGR of 5.6% through 2033, with sales increasing from USD 31.6 million in 2023 to USD 54.3 million by 2033.

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The digestive enzyme supplements market size is projected to reach USD 1.9 billion in 2023 and USD 3.5 billion by 2033, growing at a CAGR of 6.1%.

The demand for insoluble dietary fiber market is projected to grow at a CAGR of 9.1% from USD 2,889 million in 2024 to USD 6,872.7 million by 2034.

The global dietary fiber market size is projected to grow from USD 12,343.6 million in 2024 to USD 33,098.0 million by 2034, with a CAGR of 10.3% over the forecast period.

The global digestive health supplements market size is estimated to reach USD 17,160 million in 2023. With a 6% CAGR, it is projected to grow to USD 29,648.6 million over the forecast period.

With rising demand for functional ingredients, the global soluble fiber market size is expected to reach USD 5,339.2 million in 2024. It is projected to grow at an 8.2% CAGR, reaching USD 11,814.5 million by 2034.

About Future Market Insights (FMI) 

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. 

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