Maltodextrin Market Size, Share, Growth, Trends, and Forecast 2030

Maltodextrin Industry Prospective:

The global maltodextrin market size was worth around USD 3281.97 million in 2022 and is predicted to grow to around USD 4925.14 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.23% between 2023 and 2030.

Request Free Sample

Maltodextrin Market: Overview

Maltodextrin is made from potato starch, corn, wheat, and rice in white powder form. It is closely related to corn syrup solids and although derived from plants, maltodextrin is highly processed. When consumed in limited quantities as a part of a balanced diet, it can act as an excellent source of energy and carbohydrates for people who burn more calories per day such as athletes and people who may need an increase in blood sugar level. It is also popular due to its nutritional value as a part of the final carbohydrate count. As per medical suggestion, carbohydrates should form at least 45 to 65% of the overall calories consumed by a person. These carbohydrates should mainly be made of complex carbohydrates however, maltodextrin is a source of simple carbohydrates and can raise blood sugar levels quickly.

Key Insights:

• As per the analysis shared by our research analyst, the global maltodextrin market is estimated to grow annually at a CAGR of around 5.23% over the forecast period (2023-2030)
• In terms of revenue, the global maltodextrin market size was valued at around USD 3281.97 million in 2022 and is projected to reach USD 4925.14 million, by 2030.
• The maltodextrin market is projected to grow at a significant rate due to the rising applications in the food industry
• Based on form segmentation, spray-dried powder was predicted to show maximum market share in the year 2022
• Based on application segmentation, food & beverage was the leading segment in 2022
• On the basis of region, North America was the leading revenue generator in 2022

Request Free Sample

Maltodextrin Market: Growth Drivers

Rising applications in the food industry to drive market growth

The global maltodextrin market is projected to grow owing to its rising applications in the food sector. It is typically used as a filler or thickener in various processed food items to increase the overall volume. Maltodextrin is also used to enhance the product shelf life of processed food. Since it is easy to produce and available at low cost, it performs the role of a thickening agent perfectly especially in food products such as sauces, salad dressings, gelatins, and instant pudding. Furthermore, it can also be combined with artificial sweeteners to enhance the sweetness of processed desserts, canned fruits, and powdered drinks.

The growing demand for processed food is directly impacting the consumption rate of maltodextrin. Factors such as changing lifestyles, rapid urbanization, surging popularity of processed food, and aggressive product portfolio diversification adopted by food manufacturers have resulted in drastic revenue improvement for the processed food segment. A recent report claimed that 73.1% of American citizens consume ultra-processed food. These product types were 52% less expensive than food products that were less processed. The surging prices of organic and non-processed food are one of the reasons many people prefer to consume processed items and most consumers also tend to lack awareness about the total ingredients of the processed food item.

Maltodextrin Market: Restraints

Health concerns associated with excess consumption of maltodextrin may restrict market growth

The global maltodextrin market growth is projected to be restricted due to the several health concerns associated with excess consumption of maltodextrin. The glycemic index (GI) rating of maltodextrin is between 106 and 136, which is more than the GI rating of table sugar. Excess consumption can lead to a spike in blood sugar levels and also if it is not balanced with correct quantities of protein and fiber in the overall diet. Diabetic patients or people with high insulin resistance should not consume maltodextrin. Furthermore, studies suggest that excess consumption of food additives can impact gut health by changing bacterial composition and making people more susceptible to diseases. It does so by suppressing probiotics growth that is necessary for a perfect immune system. Studies also suggest that maltodextrin can lead to the growth of harmful bacteria such as Escherichia coli or E.coli which is also associated with severe medical conditions such as Crohn’s Disease.

Maltodextrin Market: Opportunities

Rising applications in personal care products to deliver high-growth opportunities

Maltodextrin has excellent thickening properties that have resulted in its growing use in the robust and rapidly advancing personal care sector. It is used to improve the overall texture of products used for hair care or lotions. Extended applications in this segment include shaving products, facial masks, soap bars, and body washes. Some of the benefits associated with the use of maltodextrin in these products include excellent film formation and faster drying time. Since it is naturally produced, it is considered a mild or nonirritant unlike some of the synthetically produced thickening products used in the personal care sector. The rising segment of product buyers increasingly focusing on key ingredients used in products that are applied to the body, face, or hair has resulted in companies switching to products with naturally produced ingredients since artificial ingredients are known to cause severe allergic reactions and are considered extremely harsh. Some crucial drivers for the dynamic personal care sectors include increasing disposable income of the general population, rising number of product options across price ranges, higher availability especially strengthened by leveraging market reach of online sales platforms, and intense marketing techniques adopted by product manufacturers.

Growing use of maltodextrin in energy drinks poses higher expansion possibilities

The maltodextrin industry is likely to be fueled by the growing use of the additive in the energy drinks segment. Furthermore, the body digestion rate of maltodextrin is quicker as compared to sucrose and sugar which helps in achieving a quick boost of energy which is typically needed by athletes or sports players competing at games. Sports drink manufacturers have been using maltodextrin to a growing extent and as the demand for these drinks continues to grow the market will generate high revenue.

Maltodextrin Market: Challenges

Regulatory challenges over maltodextrin quantity in food products to challenge market growth

Due to the health effects of maltodextrin, the use of the additive in food products is highly regulated across regional levels and in the international market. Companies must ensure adhering to the local laws and guidelines permitting the extent to which maltodextrin can be introduced in edible products. For instance, the European market is regulated by the guidelines listed in the EU Food Information to Consumers Regulation No 1169/2011 (FIC) as it covers topics such as nutrition information requirements for pre-packed foods and labeling.

Maltodextrin Market: Segmentation

The global maltodextrin market is segmented based on form, source, application, and region.

Based on form, the global market seg  ments are agglomerated and spray-dried powder. The highest revenue was observed in the spray dried powder segment since most maltodextrin available in the commercial world is used in this form. It is produced using a highly efficient spray drying method preventing heat-sensitive components from drying due to high temperature. Maltodextrin in spray-dried powder form has excellent solubility in cold and liquid conditions promoting segmental growth. They are used for producing dairy products and confectionery items. Studies indicate that maltodextrin is a good source of quick energy as 1 gram of it contains around 4 calories.

Based on source, the maltodextrin industry is fragmented into potato, wheat, corn, and others.

Based on application, the maltodextrin industry divisions are agriculture, personal care products, and food & beverages (F&B). In 2022, the most significant application of maltodextrin was in the F&B segment due to the excellent additive properties possessed by maltodextrin. Growing sales of processed food products and energy drinks are the main reasons for segmental proliferation. In 2022, the global F&B market was valued at USD 6730 billion.

Maltodextrin Market: Report Scope

Maltodextrin Market: Regional Analysis

North America to deliver the best results in the years to come

The global maltodextrin market is expected to register the highest growth in North America. The region is projected to grow at a CAGR of more than 4% during the projection period. The primary reason for the higher growth rate is the growing use of maltodextrin in the food & beverages (F&B) sector as a safe food additive as it is approved by the United States Food & Drugs Administration (FDA) authority. North America has a high demand and consumption rate for processed food products. A report jointly published by researchers from Spain, the US, and Brazil after conducting an analysis of 281 countries pointed out that nearly 12% of children and 14% of adults are addicted to processed and ultra-processed food products. The US has one of the highest rates of processed food consumers. Furthermore, the increasing sale of energy drinks strengthened by the presence of key energy drinks producers and expanding sales across domestic and emerging markets may further fuel regional growth. Growth in Asia-Pacific is expected to be significant due to the presence of a large consumer market. Increasing revenue in the personal care segment with the growing popularity of organic products holds excellent growth opportunities.

Maltodextrin Market: Competitive Analysis

The global maltodextrin market is led by players like:

• Ingredion Incorporated
• Archer Daniels Midland Company
• Roquette Frères
• Cargill
• Incorporated
• Tate & Lyle PLC. Grain Processing Corporation
• Zhucheng Dongxiao Biotechnology Co. Ltd.
• Tereos
• AGRANA Stärke GmbH
• The Agrana Group
• Gulshan Polyols Ltd.
• Matsutani Chemical Industry Co. Ltd.
• AVEBE
• Foodchem International Corporation
• Beneo

The global maltodextrin market is segmented as follows:

By Form

• Agglomerated
• Spray Dried Powder

By Source

• Potato
• Wheat
• Corn
• Others

By Application

• Agriculture
• Personal Care Products
• Food & Beverages (F&B)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa