The worldwide dextrin market is expected to be valued at 2,980, 8 million USD in 2022. While the market is expanding at a CAGR of 4.1% during the forecast period, the market is likely to grow to $4,202.9 million. The rising number of food SMEs and increasing application of dextrin are expected to create growth opportunities for the market during the forecast period.
Dextrin is a group of carbohydrates with low molecular weight produced form starch using enzymes like amylase or glycogen. Dextrin can be used as crispness enhancer for food processing in food industry, coating agent in textile industry to increase the weight and stiffness of textile fabrics, binding and thickening agent in pharmaceutical as well as in paper industry and stabilizing agent for some explosive metal azides.
Health benefits of dextrin makes it popular in manufacturers for using it in various food products. Dextrin helps in promoting healthy intestinal flora, maintain cholesterol levels etc. Use of dextrin as cleansing agent in cosmetics is fueling its demand in global market.
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Dextrin Market Segmentation:
Dextrin market is segmented on the basis of type as maltodextrin, cyclodextrin, amylodextrin, limit dextrin, highly branched cyclic dextrin etc. Maltodextrin is a short chain starch used as a food additive which is easily digestible. Limit dextrin has two types as beta limit dextrin and alpha limit dextrin hydrolyze beta amylase and alpha amylase respectively. Cyclodextrin is formed by degradation of starch by bacteria’s. Highly branched cyclic dextrin is obtained from enzymatic breaking of amylopectin in clusters.
Dextrin market is segmented on the basis of application in different industries such as food industry, pharmaceutical industry, cosmetics industry etc. In food industry, dextrin is used in confectionary and dairy products. In confectionary, dextrin acts as a thickening agent which is soluble and does not affect the taste of the final product.
Dextrin Market Regional Outlook:
On the basis of regions, the Dextrin market has been segmented into North America, Latin America, Western Europe and Eastern Europe, Asia-Pacific Excluding Japan, Japan, and the Middle East and Africa. North America dominates the global dextrin market while Asia Pacific is expected to represent comparatively higher CAGR over the forecast period.
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The global dextrin market is growing in North America region as a result of considerable inflow of money due to rise in food, pharmaceutical and cosmetic industries in the region. Dextrin market in Western Europe is expected to grow over the forecast period due to increasing establishments of food industries in Germany.
Dextrin Market Drivers and Trends:
Versatile application of dextrin in various industries such as food industry, cosmetic industry, pharmaceutical industry fueling increasing market demand for dextrin in globally. Cosmetic industry is growing in global market and dextrin is used in cosmetic hair and skin care products, which is in turn fueling market demand for dextrin. Dextrin possesses excellent film-forming capacity which makes it popular in some of the specialty industries.
Dextrin is usually obtained in dried form which makes it easy for transportation and handling which is factor driving global import and export market for dextrin. Dextrin has various health benefits such as it promotes healthy intestinal flora, supports healthy cholesterol level, used for cleansing, maintains blood sugar, supports heart health etc. thus various application in pharmaceutical industry in turn fueling the market demand and growth of dextrin in global markets.
Dextrin Market Key Players:
Some of the key players in the global dextrin market include Visco Starch, Sunar Grup, Dinosaur Nutrition Labs, True Protein Pty Ltd., MILLECOR, Nutricia etc. are among these.
The report covers exhaustive analysis on:
- Dextrin Market Segments
- Dextrin Market Dynamics
- Historical Actual Market Size, 2015 – 2016
- Dextrin Market Size & Forecast 2017 to 2027
- Dextrin Market Supply & Demand Value Chain
- Dextrin Market Current Trends/Issues/Challenges
- Dextrin Players Competition & Companies involved
- Dextrin Market Technology
- Dextrin Market Value Chain
- Dextrin Market Drivers and Restraints
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Regional analysis for Dextrin Market includes
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Dextrin Market
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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