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Maltodextrin Market Size
- Report ID: GMI7599
- Published Date: Dec 2023
- Report Format: PDF
Maltodextrin Market Size
Maltodextrin Market size was valued at USD 3.26 billion in 2023 and is anticipated to grow a CAGR of over 4.6% between 2024 and 2032. The market continues to exhibit steady growth globally, primarily driven by its widespread applications across various industries such as food and beverage, pharmaceuticals, and cosmetics.
The food and beverage sector remains the largest consumer due to maltodextrin's versatile properties as a thickening agent, stabilizer, and filler in processed foods and beverages. The market is witnessing increased demand owing to the rising consumption of convenience and functional foods.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Maltodextrin Market Size in 2023: | USD 3.26 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.6% |
| 2032 Value Projection: | USD 4.70 Billion |
| Historical Data for: | 2018 – 2023 |
| No. of Pages: | 120 |
| Tables, Charts & Figures: | 198 |
| Segments covered: | Source, Grade, Application & Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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However, challenges persist, including fluctuating raw material prices, evolving regulatory landscapes, and consumer concerns regarding health implications. Manufacturers are increasingly focusing on developing organic and non-GMO variants to cater to health-conscious consumers. Moreover, the market faces competition from alternative ingredients and substitutes, compelling companies to innovate, diversify, and emphasize sustainability practices to maintain market share and meet evolving consumer demands.
Frequently Asked Questions (FAQ) :
Maltodextrin Market Scope
