Growing demand for functional foods and beverages, rapid growth in industrialization especially in emerging economies is expected to increase demand for dextrin
PORTLAND, OR, USA, January 28, 2022 /EINPresswire.com/ — Growing awareness of the health benefits of dextrin Content foods such as aiding with digestive issues, maintaining homeostasis in the stomach, and maintaining healthy blood sugar levels are further accelerating the growth of the market.
The Dextrin Market size was valued at USD 2,785.8 Million in 2020 and is projected to reach USD 4,032.7 Million by 2030, registering a CAGR of 3.4 from 2021 to 2030.
Dextrin is a colorless, gummy, low molecular weight, odorless and tasteless carbohydrate. It is formed as a result of the hydrolysis of starch or glycogen. The dextrin used in foods is mostly made from sources other than wheat, such as tapioca, rice, or potatoes. In these cases, dextrin may be available with absolutely gluten-free. Dextrin is mainly used in the food industry. It is not used directly but as a necessary substance for food processing and finishing. Other uses include its use as a stiffening agent in the textile industry, as an adhesive in glues, and as a binding agent in the pharmaceutical industry. Growing number of manufacturing units of small and medium food enterprises and growing use of dextrin are expected to drive the growth of the product market over the forecast period.
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The COVID19 outbreak has had a significant and negative impact on the commodity market. This is attributed to the lockdowns put in place in various countries, which have hampered food processing and other processing industries. The pandemic is having a profound impact on the world and is still affecting many parts of the world. The global commodity market is unlikely to recover anytime soon as manufacturing units regain momentum. Lockdowns across the globe in 2020 and continued restrictions in 2021 have disrupted the supply chain posing challenges for manufacturers in the dextrin market. Intense competition, pricing issues and changing consumer preferences will continue to put downward pressure on vendor profit margins.
According to the dextrin market analysis, the dextrin market is segmented into type, application, and region. On the basis of type, the market is categorized into maltodextrin, cyclodextrin, amylodextrin and others. By application, it is divided into Food, Pharmaceutical, Industrial, Cosmetic and Other. By region, it is analyzed in North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Italy and Spain, rest of Europe), Asia-Pacific (China, Japan , India, Australia, South Korea and Rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa).
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The players operating in the global commodity market have adopted various development strategies to grow their market share, increase their profitability and stay competitive in the market. Key Players profiled in this report are Agridient Inc., American Key Products, Inc., Archer-Daniels-Midland Company (ADM), Cargill Inc., Emsland Group, Ingredion Incorporated, Meelunie BV, Puris, Roquette Frères and TATE & LYLE . APIs.
Main benefits for stakeholders
The report provides a quantitative analysis of current market size trends, estimates and dynamics from 2020 to 2030 to identify existing opportunities.
Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
In-depth analysis along with market sizing and segmentation helps determine the existing market opportunities.
Major countries in each region are mapped based on their revenue contribution to Dextrin market share.
The positioning segment of market players facilitates benchmarking and provides a clear understanding of the current position of market players in the Dextrin industry.
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CHAPTER 1 INTRODUCTION
1.1.Description of the report
1.2. Main benefits for stakeholders
1.3.Key Market Segments
1.4.Key players in the value chain
1.5.3.Analysis tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Main results of the study
CHAPTER 3: MARKET OVERVIEW
3.1. Definition and scope of the market
3.2. Key findings
3.2.1. Main pockets of investment
3.3.Value chain analysis
3.4. Porter’s Five Forces Analysis
3.5. Market dynamics
22.214.171.124.Multipurpose application of dextrin
126.96.36.199.Increased consumer preference for clean label and high nutritional value food products
188.8.131.52. Increase in demand for dextrin in industrial applications
184.108.40.206. Rise in demand for ready meals
220.127.116.11.Availability of many substitutes
18.104.22.168.Innovation in organic dextrin
22.214.171.124.Increased demand for resistant dextrin
3.6.Market Share Analysis (2020)
3.7.Parent Market Analysis
3.8. Price analysis
3.9.Impact of COVID-19 on the Dextrin Market
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