Maltodextrin Market: Asia Pacific to Emerge as the Next Growth Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020
- REP-GB-544
- 2016-09-15
- Category: Food and Beverages
- Format:
Steady demand from the U.S. food and beverage sector will continue to have a significant impact on the global maltodextrin market revenues. Valued at US$ 2.64 Bn in 2015, the global market is expected to grow at over 5% annually through 2020 and reach nearly US$ 3.40 Bn in revenues. The key trends expected to shape up the market during the forecast period 2014-2020 include,
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Growing Demand for GMO-free Maltodextrin: In the backdrop of mounting concerns about the potential health impact of GMO starches, manufacturers are hard pressed to include natural and organic ingredients in their offerings. This is expected to invigorate spending on research and development (R&D) for ingredients that not only promote health and well-being, but also have long shelf-life. Scouring such ingredients is expected to pose challenges to manufacturers during the forecast period.
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Steady Adoption in Veterinary Healthcare: While food and beverage industry will continue to create sustained demand for maltodextrin, use of maltodextrin in animal feed is expected to witness an increase. Maltodextrin is used as a feed premix, spray drying carrier, and an excipient for medical tablets.
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Increasing Application as Industrial Chemicals: Growing use of maltodextrin in industrial chemicals is expected to create further market opportunities for market players. Consistent advancement in production technology has resulted in wider applications of maltodextrin.
Maltodextrin Market: Application Analysis and Forecast
Unsurprisingly, food and beverages remains the largest application segment for maltodextrin, and will remain so during the forecast period. Demand for maltodextrin from food and beverage sector is expected to reach US$ 1.68 Bn in 2016, up from US$ 1.60 Bn in 2015. Among the various food and beverage sectors – dairy products, nutritional foods, infant formula, confectionary & bakery, soups & dry mixes, and beverages – dairy products will account for the bulk of demand for maltodextrin during the forecast period. However, the dairy product segment will continue to lose market share to nutritional food segment over the course of the forecast period.
|
Maltodextrin: Application Analysis & Forecast (US$ Bn) |
|||
|---|---|---|---|
|
Application |
2016 |
2020 |
CAGR |
|
Food & Beverage |
1.68 |
XX |
XX |
|
Pharmaceuticals |
XX |
XX |
XX |
|
Paper/cardboard Processing |
XX |
XX |
XX |
|
Industrial Chemicals |
XX |
XX |
XX |
|
Others |
XX |
XX |
4.80% |
(Concealed figures available in the report)
Region-wise Analysis and Forecast on Maltodextrin Market
North America, Western Europe, and Asia Pacific will continue to remain the three largest markets for maltodextrin during the forecast period. While North America is expected to remain the largest market for maltodextrin by the end of the forecast period, it will lose 50 BPS over 2015-2020. Asia Pacific and Western Europe will gain 50 and 10 BPS respectively.
The market in North America is highly buoyant for GMO-free starches, whereas the growing demand in Europe is on account of its growing application in dry mixes, infant formula, and milk powder. Asia Pacific is expected to emerge as one of the most attractive market during the forecast period, buoyed by the growing food and beverage sector in the region. Home to nearly 60% of world’s population, maltodextrin market in the region will grow at the highest CAGR among all the regions.
|
Maltodextrin: Region-wise Analysis & Forecast (US$ Bn) |
|||
|---|---|---|---|
|
Region |
2016 |
2020 |
CAGR |
|
North America |
XX |
1.21 |
XX |
|
Western Europe |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
5.50% |
|
Latin America |
XX |
XX |
XX |
|
Eastern Europe |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
The Archer Daniels Midland Company, Ingredion Incorporated, Grain Processing Corporation, Penford Corporation, Tate & Lyle Plc, Cargill Inc., Roquette Freres SA, Tereos Syral, and Zhucheng Dongxiao Biotechnology Co., Ltd. are among the leading players in the market.
This Future Market Insights report examines the maltodextrin market for the period 2014–2020. The report starts with an overview & introduction of the global maltodextrin market focusing on its various segment and major players. In the next section, FMI covers the maltodextrin market performance in terms of market dynamics. This section includes FMI’s analysis of the key trends, drivers and restraints from the supply and demand side, which are influencing the maltodextrin market. Impact analysis of key growth drivers and restraints, based on the weighted average model is included in the maltodextrin report to better equip and arm clients with crystal clear decision-making insights.
The primary focus of the following section is to analyse the maltodextrin market by adoption among various segments; the primary applications covered under the scope of the report are,
-
Food & beverages
- Dairy products
- Nutritional food
- Infant formula
- Confectionery & bakery
- Soup & dry mixes
- Beverages
- Pharmaceuticals
- Paper/cardboard processing
- Daily & fine chemicals
- Cosmetics and others (animal feed)
The next section of the report highlights maltodextrin adoption by regions. It provides a market outlook for 2014–2020 and sets the forecast within the context of the maltodextrin ecosystem, various regions has been accessed by each application. This study discusses the key regional trends contributing to growth of the maltodextrin market on a worldwide basis, as well as analyses the degree at which global drivers are influencing this market in each region. Key regions assessed in this report include:
- North America
- Latin America
- Europe (Western & Eastern)
- Asia Pacific
- Middle East and Africa
A unique section included in the report is the source of maltodextrin as GMO and GMO-free, as there is a growing trend of clean label food. Food processing companies are looking for GMO-free data for applications in categories such as baby food, sports drink, and nutritional food among others.
All the above sections, by application or by regions, evaluate the present scenario and the growth prospects of the Maltodextrin market for the period 2014 –2020; 2014 as the base year and data has been provided for the trailing 12 months.
To calculate the maltodextrin market size, we have considered revenue generated from the sale of maltodextrin by various manufacturers. The maltodextrin market is a fragmented market when we consider each application segment, however to tap the growing market, multinationals are aggressively adopting the strategy of merger and acquisition in emerging markets. The forecast presented here assesses the total revenue by value across the maltodextrin market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the maltodextrin market will develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analysis, based on supply side, downstream industry demand, and economic envelope.
It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the maltodextrin market. This detailed level of information is important for the identification of various key trends of the maltodextrin market.
Also, another key feature of this report is the analysis of all key maltodextrin application segments, sub-segments, regional adoption and product segment revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the maltodextrin market.
Furthermore, to understand key growth segments in terms of growth & adoption of maltodextrin, the report offers a detailed maltodextrin market attractiveness index. The resulting index should help providers identify real market opportunities.
In the final section of the report, maltodextrin competitive landscape is included to provide report audiences with a dashboard view, based on categories of provider in the value chain, presence in maltodextrin product portfolio and key differentiators. Key categories of providers covered in the report are maltodextrin manufacturers. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the Maltodextrin value chain and the potential customers for the same.
Key global players in maltodextrin market are Cargill Inc., Ingredion Incorporated, The Archer Daniels Midland Company, Tate & Lyle Plc, Roquette Freres SA, Penford Corporation, Grain Processing Corporation, Tereos Syral and Zhucheng Dongxiao Biotechnology Co., Ltd. There are several small players operating on regional level with small turnover of maltodextrin. Large multinationals are adopting the strategy of mergers and acquisition of mid-size companies specializing in maltodextrin to become the market leaders in target regions. Recent example can be quoted for Ingredion acquiring Penford in March 2015.
Maltodextrin Market Reports - Table of Contents
1 Research Methodology
2 Research Methodology
3 Assumptions & Acronyms Used
4 Executive Summary
5 Global Maltodextrin Market Overview
5.1 Global Maltodextrin Market: Taxonomy
5.2 Global Starch Market By Product Type
6 Global Maltodextrin Market Size and Forecast
6.1 Global Maltodextrin Market Size and Forecast
6.2 Global Maltodextrin Market Absolute $ Opportunity
7 Global Maltodextrin Market Dynamics
7.1 Demand Side Drivers
7.2 Supply Side Drivers
7.3 Global Maltodextrin Market Restraints
7.4 Value Chain Analysis
7.5 Global Trends in Maltodextrin Market
8 Global Maltodextrin Market Analysis & Forecast By Region
8.1 Global Maltodextrin Market BPS Analysis By Region
8.2 North America Maltodextrin Market
8.2.1 North America Maltodextrin Market By Application
8.3 Latin America Maltodextrin Market
8.3.1 Latin America Maltodextrin Market By Application
8.4 Asia Pacific Maltodextrin Market
8.4.1 Asia Pacific Maltodextrin Market By Application
8.5 Western Europe Maltodextrin Market
8.5.1 Western Europe Maltodextrin Market By Application
8.6 Eastern Europe Maltodextrin Market
8.6.1 Eastern Europe Maltodextrin Market By Application
8.7 Middle East & Africa Maltodextrin Market
8.7.1 Middle East & Africa Maltodextrin Market Size By Application
8.8 Global Maltodextrin Market Attractiveness By Region
9 Global Maltodextrin Market Analysis By Application
9.1 Food & Beverages Application Segment Market Size & Forecast, 2014–2020
9.1.1 Food & Beverages Application Sub-segment BPS Analysis, 2014 & 2020 (%)
9.2 Pharmaceuticals Application Segment Market Size & Forecast, 2014–2020
9.3 Paper/Cardboard Processing Application Segment Market Size & Forecast, 2014–2020
9.4 Industrial Chemicals Application Segment Market Size & Forecast, 2014–2020
9.5 Cosmetics Application Segment Market Size & Forecast, 2014–2020
9.6 Others Application Segment Market Size & Forecast, 2014–2020
10 GMO & GMO-free Crop Production Data
10.1 GMO and GMO-free Crop Production Data: Maize, Potato, Rice, Wheat
10.2 GM Crops Market Scenario
10.3 Maltodextrin Price Trends
10.4 Global GMO and GMO-Free Maltodextrin Market Size & Forecast, (2013–2020)
10.5 Major Applications of GMO-free Maltodextrin
11 Competitive Landscape
11.1 Competition Benchmarking of Maltodextrin Global Players
11.2 Company Profiles
11.2.1 Cargill, Incorporated
11.2.2 Archer Daniels Midland Company
11.2.3 Ingredion Incorporated
11.2.4 Roquette Frères S.A.
11.2.5 Tate & Lyle Plc
11.2.6 Penford Corporation
11.2.7 Grain Processing Corporation
11.2.8 Zhucheng Dongxiao Biotechnology Co., Ltd.
11.2.9 Tereos Syral S.A.S.
Maltodextrin Market Reports - List of Tables
Table 1: North America Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 2: Latin America Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 3: Asia Pacific Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 4: Western Europe Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 5: Eastern Europe Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 6: MEA Maltodextrin Market Size By Application (US$ Mn) (2013–2020)
Table 7: Global Overall Crop Production and Forecast, (Mn Tons), 2013–2020
Table 8: Global GM and GMO Free Maize Production and Forecast, (Mn Tons), 2013–2020
Maltodextrin Market Reports - List of Figures
Figure 1: Global Starch Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 2: Global Starch Market Split By Product Type, 2014–2020
Figure 3: Global Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 4: Global Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 5: Global Maltodextrin Market Value Share & BPS Analysis By Region, 2014 & 2020 (%)
Figure 6: North America Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 7: North America Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 8: Latin America Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 9: Latin America Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 10: Asia Pacific Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 11: Asia Pacific Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 12: Western Europe Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 13: Western Europe Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 14: Eastern Europe Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 15: Eastern Europe Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 16: MEA Maltodextrin Market Value (US$ Mn) & Y-o-Y Growth (%) Forecast, 2014–2020
Figure 17: MEA Maltodextrin Market Absolute $ Opportunity, 2015–2020 (US$ Mn)
Figure 18: Global Maltodextrin Market Attractiveness By Region, 2014
Figure 19: Global Maltodextrin Market Size & Forecast By Food & Beverages Application, 2014–2020
Figure 20: Global Maltodextrin Food & Beverage Application Split By Region
Figure 21: Food & Beverages Application Sub-segment Value Share & BPS Analysis, 2014 & 2020 (%)
Figure 22: Global Maltodextrin Market Size & Forecast By Pharmaceutical Application, 2014–2020
Figure 23: Global Maltodextrin Pharmaceutical Application Split By Region
Figure 24: Global Maltodextrin Market Size & Forecast By Paper/Cardboard Processing Application, 2014–2020
Figure 25: Global Maltodextrin Paper/Cardboard Processing Application Split By Region
Figure 26: Global Maltodextrin Market Size & Forecast By Industrial Chemicals Application, 2014–2020
Figure 27: Global Maltodextrin Industrial Chemicals Application Split By Region
Figure 28: Global Maltodextrin Market Size & Forecast By Cosmetics Application, 2014–2020
Figure 29: Global Maltodextrin Cosmetics Application Split By Region
Figure 30: Global Maltodextrin Market Size & Forecast By Others Application, 2014–2020
Figure 31: Global Maltodextrin Others Application Split By Region
Figure 32: Price Trend Across Major Maltodextrin Producing Countries/Regions
Figure 33: Global GMO and GMO-Free Maltodextrin Market Size & Forecast, (2013–2020)
Figure 34: Global GMO and GMO-Free Maltodextrin Market Y -o-Y Growth Analysis, (2014–2020)