Food and Beverages Industry Report Starch Derivatives Market | Page 2

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Glucose syrup led the market in 2014. It was valued at 55.0% in terms of volumes in that year. It is likely to
witness major gains over the forecast period. This growth could be ascribed to rising consumption of desserts,
ice creams, processed meats, bakery products, and sauces.
Increasing glucose consumption in non-food applications counting adhesives, plywood, paper, cosmetics, and
pharmaceuticals could spur the segment demand further. In addition, it serves as a volume adding agent, flavor
enhancer, texture agent and inhibitor of sugar crystallization in drinks.
Maltodextrin is projected to observe considerable growth in terms of revenue. It is expanding at a CAGR of
6.6% over the forecast period. Its growing use in sectors such as food, cosmetics, pharmaceuticals, paper,
textile, construction, and paints & coatings will attribute to the growth.
Applications in the market consist of food & beverages, cosmetics, paper, pharmaceuticals , feed, and others.
Food & beverages was the leading application segment in 2015. It contributed more than 60% of the total
volumes in the aforementioned year. The segment is escalating at a lucrative rate on account of growing
consumption for convenience and packaged food in assorted countries including China, India, Brazil, the U.S.,
Germany, and Saudi Arabia. Key companies involved in the worldwide starch derivatives market are Cargill Inc,
ADM, Agrana Group Emsland Group, Roquette Frères, and Ingredion Incorporated.
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