In 2022, the global dextrin market is expected to be valued at USD 2,980.8 million. Throughout the forecast period, the market is projected to grow at a CAGR of 4.1%, ultimately reaching USD 4,202.9 million.
Dextrin is a group of low molecular weight carbohydrates produced from glycerol or starch, typically appearing in yellow, white, or brown varieties, with yellow dextrin being water-soluble. In the food sector, dextrin is used to enhance crispness and serve as a binding agent and thickener, while in the paper and pharmaceutical industries, it finds various applications.
Additionally, dextrin can function as a fat substitute in dairy products, baked goods, protein shakes, and chocolates. Its powdered form simplifies storage, handling, and transport. Rich in fiber and considered a prebiotic, soluble dextrin makes up about 40% of soluble fiber, with an average molecular weight of 2,500 atomic mass units. Its increasing use in animal feed is notable, and it can also replace artificial sweeteners like saccharin and aspartame. This versatility aligns well with the growing demand for ready-to-eat foods, where dextrin can be incorporated into various products.
It’s important to note that synthetic dextrin can cause diarrhea, a significant concern given that the WHO reports 1.7 billion cases of childhood diarrheal diseases each year, with 525,000 children under five succumbing to this condition. Additionally, synthetic dextrin is associated with decreased triglyceride levels, which may increase the risk of coronary diseases and strokes. These factors could pose challenges for the dextrin market in the near future. Future Market Insights has explored these insights in its latest study titled “Dextrin Market.”
Key Takeaways from Dextrin Market
- North America holds the largest market share due to sizable expenditure on healthcare. Plus, the region has hordes of obese people. The pharmaceutical and cosmetic sectors are witnessing an upswing in demand for dextrin due to need for curbing obesity.
- Europe is expected to account for a significant market share in the forecast period with countries like Germany and The Netherlands leading from the front.
- The Asia-Pacific is expected to witness the highest market share sue to growing demand for various packaged food products in India, Japan, and China. The paper and textile vertical is also subject to an increasing demand for dextrin over here.
Recent Development from the Industry:
- In April 2022, Plant-based ingredient specialist Roquette Beauté revealed Beauté by Roquette DE 006 (INCI Dextrin), a “100% plant-based dextrin” for soothing the skin and preserving the skin microbiome at the in-cosmetics Global trade show in Paris.
Key Companies Profiled
- Visco Starch
- Sunar Grup
- Dinosaur Nutrition Labs
- True Protein Pty Ltd.
- MILLECOR
- Nutricia
- Agridient Inc.
- Archer Daniels Midland Company
- Cargill Inc.
- Emsland
- Ingredion Incorporated
- Roquette Freres
- Tate & Lyle
- Meelunie BV
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Key Segments Profiled in the Global Dextrin Market
By Type:
- Maltodextrin
- Cyclodextrin
- Amylodextrin
- Others
By Application:
- Food
- Pharmaceutical Industry
- Cosmetics Industry
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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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