Infinium Global Research Maltodextrin Market | Page 8

Maltodextrin Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023 include managers and CXO level executives of theleading players in this market. The primary interviews not only help identify the market size of the maltodextrin market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the maltodextrin market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of maltodextrin. With the help of primary interviews and secondary research the market size of maltodextrinis determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of maltodextrinin the world market. Executive Summary Global Maltodextrin Market Highlights, (USD Million) The global maltodextrin market is expected to grow at a CAGR of 7.3 % between 2017 and 2023 in terms of value. High demand for packaged foods, bakery items, and infant foods that has lead to the need for higher production for maltodextrin solids and syrups. Additionally, maltodextrin is used in various food and beverages industry such as soft and instant drinks, candy, frozen desert and flavoring and essence among others. Moreover, maltodextrin is safe for diabetic patient’s which is not true sugar and it is used in sugar free products. Intense activities in research & development are likely to drive the growth of the market. On other hand, increasing used of thickening agent in the food & beverage industry such as gums is likely to restraint the growth of this market. However, patients suffering from gluten allergy will not be able to consume such products thus it is a restraining factor for this market. Furthermore, non-food uses of maltodextrin including pharmaceutical, cosmetics and paper-making is likely to bring opportunities due to the expansion of these end-use industries over the forecast period. Among the regions, North America is expected to be the largest market for maltodextrin in terms of value and volume, followed by Europe. The demand for maltodextrin is high due to © Infinium Global Research Page 8