As cited by the research report titled, ‘Global Maltodextrin Market Size study, by Form (Powder and Liquid), Application (Food & Beverages, Pharmaceuticals, Paper & Pulp Processing, Personal Care & Cosmetics, and Others) and Regional Forecasts 2021-2027’, available with Market Study Report, global maltodextrin market was valued at USD 4.33 billion in 2020 and is estimated to record a CAGR of 6.12% over 2021-2027  to accumulate a valuation of USD 6.56 billion by the end of the forecast duration.
 

According to the report findings, increasing urbanization, evolving lifestyles, and rising customer inclination towards for convenience food are the major factors driving the global maltodextrin market growth.
 

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Moreover, growing beer industry is generating lucrative prospects for the business scenario. In fact, as per the World Health Organization (WHO), in 2016, beer accounted for nearly 36% of the total alcohol consumption, indicating an increased demand for maltodextrin for beer production.
 

Besides, utilization of maltodextrin in horticulture pesticides which are applied in fields & greenhouses along with its use in pharmaceutical industry as filler & stabilizer in medicine capsules are further enhancing the market outlook.
 

For the record, maltodextrin is a white hygroscopic polymeric carbohydrate which is mainly added to food & beverages to enhance its texture, flavor & thickness. It is manufactured by partially hydrolyzing maize or wheat starch by subjecting them to acids or enzymes.
 

Elaborating on the negatives, global maltodextrin market expansion is likely to be restrained in the upcoming over health concerns regarding product consumption in large quantities as it can raise blood sugar levels and also disrupt gut microbes.
 

Based on form, the industry is segmented into powder and liquid. Considering the application spectrum, the marketplace is divided into food & beverages, paper & pulp processing, pharmaceuticals, and personal care & cosmetics, including others.
 

Geographically, Asia Pacific, Europe, North America, and Latin America are major growth hubs for the industry. Of these, North America market is anticipated to amass a considerable portion of the overall industry share over 2021-2027, due to changing consumer preference towards convenience goods, rising demand for packaged food, and increasing alcohol consumption.

Meanwhile, Asia Pacific industry is anticipated to exhibit a strong CAGR over the forecast period owing to increasing disposable income, rising demand for food & beverages, and growth in end use industries like pharmaceuticals & others across the region.
 

Prominent players influencing the worldwide maltodextrin industry dynamics are Henan Feitian Agricultural Development Co. Ltd., Gujarat Ambuja Exports Limited (GAEL), Archer-Daniels-Midland Company, Ingredion Inc., Global Sweeteners Holdings Limited, Grain Processing Corporation (GPC), Tereos Internacional S.A., BASF SE, Cargill Inc., and Nowamyl S.A.