Global Dextrin Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
Global Dextrin Market: Overview
“The global dextrin Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Dextrin is a group of low-molecular-weight carbohydrates. It is produced from starch using several enzymes such as glycogen or amylase. The dextrin is mainly used as crispness enhancer, coating agent, binding and thickening agent in various industries including food, pharmaceutical, paper, cosmetics, and others. In addition, the dextrin is available in powder form in the market.
Global Dextrin Market: Dynamics
Increasing demand for dextrin among various industries across the globe such as pharmaceutical, cosmetics and food and beverage, and others is a key factor anticipated to drive growth of the global dextrin market. In addition, rising adoption of dextrin in the food industry for various purposes such as fat substitute, crispness enhancer, food additive, and others is another factor expected to fuel growth of the target market during the forecast period.
Rising adoption of dextrin as a thickening and binding agent in pharmaceutical and paper industries across the globe along with increasing use of dextrin as a coating agent to increase textile fabrics stiffness and weight in the textile industry.
These above-mentioned factors are major factors expected to boost growth of the global market. In addition, increasing awareness about various health benefits associated with dextrin such as maintain blood sugar, healthy cholesterol level, improve heart health, and others resulting in growing demand for dextrin across the globe. These are other factors expected to proliferate growth of the global dextrin market.
Furthermore, increasing adoption of dextrin in the cosmetic industry in several types of skin and hair care products and rising consumer expenditure on personal care products across the globe. These are some other factors projected to propel growth of the target market.
However, consumption of synthetic dextrin may cause some health problems including gas, diarrhea, bloating, and others are a major factor projected to restraint growth of the global market.
Global Dextrin Market: Segment Analysis
Increasing adoption of white powder dextrin among various industries such as food processing, pharmaceutical, textile, and other is the primary factor driving revenue growth of the white segment among the powder form segments.
Maltodextrin can be easily absorbed and digested and rising used of maltodextrin as a food additive in the food industry across the globe is a major factor driving growth of the maltodextrin segment among the type segments.
Among the end-use industries, the food segment is anticipated to witness significant growth in the global dextrin market, owing to rising adoption of dextrin in several applications such as dairy products, bakery products, and confectionary products.
Global Dextrin Market: Region Analysis
The market in North America is projected to account for highest revenue share in the global market, attributable to rising adoption of dietary products and confectionary products among individuals and increasing health consciousness among the population in countries in this region.
The market in the Asia Pacific is projected to witness lucrative growth in the global market followed by the market in Europe, owing to expanding food industry, high disposable income, and rising adoption of luxury cosmetics products in countries such as India, China, Japan, France, UK, and Germany in these regions.
Global Dextrin Market Segmentation:
Segmentation by Powder Form:
Segmentation by Type:
- Limit dextrin
Segmentation by End-use Industries:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Visco Starch
- Sanstar Biopolymers Limited
- The Sukhjit Starch & Chemicals Limited
- Shengtai Pharmaceutical, Inc.
- Everest Starch (India) Private Limited
- Gayatri BioOrganics Limited manufactures
- Evans Adhesive Corporation, Ltd.
- Ward Adhesives, Inc.
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