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Redding, California - October 23, 2024

Dextrin Market to Reach $4 Billion by 2031

Dextrin Market Size, Share, Forecast, & Trends Analysis by Type (Maltodextrin, Cyclodextrin), Source (Corn, Wheat), Nature (Gluten-free), Function (Thickener, Emulsifier) End-User Industry (Food & Beverages), Distribution Channel - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Dextrin Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication, the dextrin market is expected to reach $4 billion by 2031, at a CAGR of 4.3% from 2024 to 2031.

The dextrin market is experiencing growth driven by the rising demand for processed foods, an increasing number of health-conscious consumers, and the growing adoption of dextrin in pharmaceutical applications. However, high production costs hinder market growth. The growing popularity of dextrin in emerging economies, such as those in Latin America, Asia-Pacific, and the Middle East & Africa, along with advancements in production technology, presents significant growth opportunities for market players.

Key Players:

The dextrin market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the dextrin market are Ingredion Incorporated (U.S.), Cargill, Incorporated (U.S.), Roquette Frères (France), Royal Avebe (Netherlands), Archer-Daniels-Midland Company (U.S.), Grain Processing Corporation (U.S.), Tate & Lyle PLC (U.K.), Wacker Chemie AG (Germany), Emsland-Stärke GmbH (Germany), SMS Corporation Co., Ltd. (Thailand), AGRANA Beteiligungs-AG (Austria), Meelunie B.V. (Netherlands), Agridient Inc. (U.S.), and Glico Nutrition Co., Ltd. (Japan).

The dextrin market is segmented based on type, color type, nature, source, function, end-user industry, and distribution channel. This study also evaluates industry competitors and analyzes the regional and country-level markets.

Among the types studied in this report, the maltodextrin segment is anticipated to dominate the dextrin market in 2024. The growth of the food processing industry, along with the functional benefits of dextrin as a thickener, binding agent, and stabilizer, boosts the segment's dominant position in the dextrin market. Moreover, the rising demand for low-calorie foods and advancements in production processes further enhance this segment's prominence.

Among the color types studied in this report, the white dextrin segment is anticipated to dominate the dextrin market in 2024. White dextrin's advantages, including its role as a food thickening agent, crispness enhancer, and binding agent, solidify its dominant position in the dextrin market. In the pharmaceutical sector, it serves as a binding agent in tablet formulations, enhancing the stability and delivery of active ingredients.

Among the natures studied in this report, the organic segment is anticipated to register the highest CAGR during the forecast period. The rising demand for clean-label products and the growing shift toward organic food options are key factors driving the robust growth of this market as consumers increasingly seek healthier and more natural alternatives.

Among the sources studied in this report, the corn starch segment is anticipated to dominate the dextrin market in 2024. Factors such as high starch content, cost-effectiveness, the availability of raw materials, and versatile applications across various industries—including food and beverage and pharmaceuticals—contribute to the segment's dominance in the dextrin market.

Among the functions studied in this report, the thickener segment is anticipated to dominate the dextrin market in 2024. The increasing demand for processed foods in the food & beverage industry reinforces the segment's dominant position in the dextrin market. Dextrin thickeners offer formulators enhanced flexibility, reliability, and efficiency in developing a diverse array of food products.

Among the end-user industries studied in this report, the food & beverages segment is anticipated to dominate the dextrin market in 2024. The growing consumer preference for processed and convenience foods, along with increased awareness of the health benefits associated with dextrin, reinforces the segment's dominant position in the dextrin market.

Among the distribution channels studied in this report, the offline segment is anticipated to dominate the dextrin market in 2024. Producers across multiple industries—including food and beverages, pharmaceuticals, cosmetics and personal care, and textiles—purchase significant quantities of dextrin for product development, which boosts the segment's dominant position in the dextrin market.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K., and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa ((South Africa, Saudi Arabia, Israel, UAE, and the Rest of Middle East & Africa).

Among the geographies studied in this report, North America is anticipated to dominate the dextrin market in 2024. This regional market's significant share is driven by several factors, including the rising demand for convenience foods, increasing focus on health and wellness, ongoing product innovations, the clean label movement, and the presence of key industry players. In 2024, the U.S. is projected to hold a larger share of the North American dextrin market.

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Key Questions Answered in the Report:

What is the value of revenue generated by the sale of dextrin?
At what rate is the global demand for dextrin projected to grow for the next five to seven years?
What is the historical market size and growth rate for the dextrin market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which type, color type, nature, source, function, end-user industry, and distribution channel segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the dextrin market?
Who are the major players in the dextrin market? What are their specific product offerings in this market?
What recent developments have taken place in the dextrin market? What impact have these strategic developments created on the market?

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Redding, California - October 23, 2024

Dextrin Market to Reach $4 Billion by 2031

Dextrin Market Size, Share, Forecast, & Trends Analysis by Type (Maltodextrin, Cyclodextrin), Source (Corn, Wheat), Nature (Gluten-free), Function (Thickener, Emulsifier) End-User Industry (Food & Beverages), Distribution Channel - Global Forecast to 2031

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