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.

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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.

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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.

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