United States Maltodextrin Market Report and Forecast 2024-2032

United States Maltodextrin Market Report and Forecast 2024-2032

United States Maltodextrin Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the United States Maltodextrin market size reached a value of USD 1.04 million in 2023. Aided by the increasing demand for convenience foods, the growing popularity of sports and energy drinks, and the expanding applications of maltodextrin in various sectors, the market is projected to further grow at a CAGR of 4.8% between 2024 and 2032 to reach a value of USD 1.59 million by 2032.

One of the key drivers of the United States maltodextrin market growth is the rising demand for convenience foods and beverages. Maltodextrin is widely used as a thickener, filler, or preservative in a variety of processed foods and beverages, including soups, sauces, salad dressings, and soft drinks. Its neutral taste and ability to improve texture and mouthfeel make it a popular ingredient in convenience foods.

Another factor driving the United States maltodextrin market demand is the increasing popularity of sports and energy drinks. Maltodextrin is commonly used as a carbohydrate source in sports and energy drinks due to its rapid absorption and ability to provide a quick energy boost. As the demand for sports and energy drinks continues to rise, so does the demand for maltodextrin as a key ingredient.

The increasing utilisation of maltodextrin in infant nutrition as a substitute for lactose in cases of lactose intolerance among infants is also a factor driving the market growth. Lactose intolerance is a common condition among infants, where they are unable to digest lactose, the sugar found in milk. This can lead to digestive issues such as diarrhoea, bloating, and stomach cramps.

As per the United States maltodextrin market analysis, expanding applications of maltodextrin in various sectors such as pharmaceuticals, personal care, and industrial applications are mainly driving the market growth. In the pharmaceutical sector, maltodextrin is used as a binder or filler in tablets and capsules. In the personal care sector, it is used in cosmetics and skincare products for its moisturising and thickening properties. In the industrial sector, maltodextrin is used in adhesives, coatings, and paper manufacturing.

Corn-based maltodextrin holds a substantial share of the market, primarily due to its increasing use as an energy component in sports beverages. The growth of this segment is further propelled by its cost-effectiveness and its ability to enhance the taste and texture of food items. In the future, cassava-based maltodextrin is anticipated to experience significant growth as it provides a more economical alternative to corn-based maltodextrin, thereby leading to the United States maltodextrin market development.

Market Segmentation

The market can be divided based on the source, application, and region.

Market Breakup by Source

• Corn-Based
• Wheat-Based
• Potato-Based
• Cassava-Based
• Others

Market Breakup by Application

• Food and Beverages
• Pharmaceutical
• Health and Personal Care
• Agriculture
• Others

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States maltodextrin market. Some of the major players explored in the report by Expert Market Research are as follows:

• Cargill, Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Roquette Frères
• Tereos Group
• Tate & Lyle PLC
• Grain Processing Corporation
• The Agrana Group
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.