The global dextrin market value was $2,785.2 million in 2020. The global dextrin market is forecast to grow at a CAGR of 3.1% during the forecast period from 2021-2027.
Dextrin is an odorless, tasteless, colorless, gummy carbohydrate that is low in molecular weight. Hydrolysis of either starch or glycogen leads to the formation of dextran. There are several non-wheat dextrins present in food, like tapioca, rice, or potatoes. It is possible to obtain dextrin that is gluten-free in these circumstances. Dextrin is a major ingredient in the food. The product is not directly used but is needed to process food. Additionally, the chemical serves as a stiffening agent in the textile industry, an adhesive in glues, and a binding agent in pharmaceuticals.
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Factors Affecting the Global Dextrin Market
- Growing numbers of small and medium-sized food manufacturing units and increasing use of dextrin will drive market growth during the forecast period from 2021-2027.
- Dextrin is high in fiber and is prebiotic. Growing health concerns and a desire for high nutritional and functional foods for human and animal consumption will propel the global dextrin market’s growth.
- It has proven to decrease triglyceride levels, which can increase strokes and heart attacks risk. Dextrins also maintain digestive health and help maintain healthy blood sugar levels. Accordingly, the growing awareness regarding the benefits of dextrin in food and its increasing use in food, beverage, cosmetic and pharmaceutical industries is forecast to increase the demand for dextrin.
Covid-19 Impact on the Global Dextrin Market
Covid-19 was a significant factor behind the decline of the product market. A lockdown implemented across various countries has hindered the processing of food in those countries. A severe pandemic has impacted the world immensely and continues to do so. Global product markets are unlikely to recover anytime soon as manufacturing units are regaining momentum. In 2020, global lockdowns disrupted the supply chain that led to challenges for dextrin manufacturers in 2021. The intense competition, rising prices, and changing consumer preferences will continue to put downward pressure on vendors’ profit margins.
Regional Outlook: The Global Dextrin Market
During the dextrin market forecast period, Asia-Pacific will continue its dominance as the leading region in the product market. The food industry has seen rapid development in Asia-Pacific, fueling the development of the product market. The Cosmetic and Pharmaceutical market in the Asia Pacific region, particularly in developing economies such as China and India, is highly favorable for the growth of the Asia Pacific dextrin market during the forecast period.
Key Players in the Global Dextrin Market
Several leading competitors in the Global Dextrin Market are:
- Agridient Inc.
- American Key Products, Inc.
- Archer-Daniels-Midland Company (ADM)
- Cargill Inc.
- Emsland Group
- Ingredion Incorporated
- Meelunie B.V, Puris
- Roquette Frères
- Tate & Lyle Plc.
- Others
Aim of the Report: The Global Dextrin Market
The global dextrin market segmentation focuses on Type, Application, and Region.
Segmentation based on Type
- Maltodextrin
- Cyclodextrin
- Amylodextrin
- Others
Segmentation based on Application
- Food
- Pharmaceutical
- industrial
- Cosmetics
- Others
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Dextrin Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Dextrin market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Dextrin Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Dextrin market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Dextrin market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Dextrin market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Dextrin market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Dextrin business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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