The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Maltodextrin which is produced from starch is a polysaccharide used as a food additive in the food & beverages industry. The benefits offered by maltodextrin are the chief reason for its high demand in the market. Maltodextrin is easy digestible, has moderately sweet or almost flavorless and has absorption power similar to glucose. It has therefore known to be the key starch derivative in the food industry. It is used as a thickener, binding agent and flavor in many food products. It is also used in the production of soft drinks and candy. Hence, food & beverage industry is the major consumer of maltodextrin and is expected to increase its demand in the near future. Owing to the unique properties possessed by maltodextrin, it has application in wide range of end-use industries. The binding property of maltodextrin makes it applicable in the production of tablets. Tablets such as capsules are manufactured using maltodextrin. Hence, high demand is reported from the pharmaceutical industry for maltodextrin in the market.
Growing demand for low calorie food is driving the market for maltodextrin worldwide. Maltodextrin is used as an alternative to sugar in various food stuffs. Easy availability is another factor contributing for its use in the food & beverage industry. In addition, growing health awareness among the population in both the developed and developing economies is another factor promoting the growth of maltodextrin market. Awareness regarding healthy food and its benefits to the human body is driving the food manufacturers to use low calorie and sugar less ingredients and hence, maltodextrin has proved to be an effective substitute to sugar.
Food & Beverages accounted to be the major application segment with more than 40% share of global maltodextrin market in 2016. It is an effective sugar substitute and hence is used on a large scale in food and beverages industry. Increasing acceptance for maltodextrin over sugar is driving the growth of maltodextrin market globally. Maltodextrin apart from being a food additive also possess binding properties which has led to its application in the pharmaceutical industry. It is used in the production of medicines such as capsules. Hence, pharmaceutical is the second largest application segment boosting demand for maltodextrin in the market. Other applications such as papermaking, feed, personal care & cosmetics are also projected to generate high demand for maltodextrin during the forecast period from 2016 to 2021.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Maltodextrin contains:
Analysis and forecast of Specialty Fats and Oils market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Specialty Fats and Oils market;
Assessment and forecast of Specialty Fats and Oils market development;
Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.
– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026
– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies
– Details of major planned Specialty Fats and Oils projects in the world up to 2026
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