FMI Dextrin Market Growth and Forecast 2017-2027 | Page 5

Dextrin Market
Dextrin market is segmented on the basis of application in different industries such as food industry,
pharmaceutical industry, cosmetics industry etc. In food industry, dextrin is used in confectionary and
dairy products. In confectionary, dextrin acts as a thickening agent which is soluble and does not affect
the taste of the final product. In dairy industry, dextrin is used as a replacement of fat, and hence market
demand from dairy industry is growing rapidly as health conscious consumers preferring fat free dairy
products. In pharmaceutical industry, dextrin act as a binding agent in medicine preparation. In cosmetics
industry, dextrin is used as an ingredient for cosmetic formulations in skin and hair care products.
Dextrin Market Regional Outlook:
On the basis of regions, the Dextrin market has been segmented into North America, Latin America,
Western Europe and Eastern Europe, Asia-Pacific Excluding Japan, Japan, and the Middle East and Africa.
North America dominates the global dextrin market while Asia Pacific is expected to represent
comparatively higher CAGR over the forecast period. The global dextrin market is growing in North
America region as a result of considerable inflow of money due to rise in food, pharmaceutical and
cosmetic industries in the region. Dextrin market in Western Europe is expected to grow over the forecast
period due to increasing establishments of food industries in Germany.
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Dextrin Market Drivers and Trends:
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