Dextrins Market Scope
Dextrin, a group of carbohydrate which is formed by heating dry or acid-modified starches using enzymes includes amylase or glycogen. It can be used as crispness enhancer for food processing in the food industry, coating agent in the textile industry to increase the weight and stiffness of textile fabrics, binding and thickening agent in pharmaceutical as well as in paper industry and stabilizing agent for some explosive metal azides. Use of dextrin as a cleansing agent in cosmetics is fueling the growth of the very market.
According to AMA, the Global Dextrins market is expected to see growth rate of 2.3% Research Analyst at AMA estimates that United States and Chinese Vendors will contribute to the maximum growth of Global Dextrins market throughout the predicted period.
Grain Processing Corp (United States), Roquette (France), Cargill Inc. (United States), Matsutani (Japan), Archer Daniels Midland (ADM) (United States), Ingredion (United States), Tate & Lyle (United States), Agrana Group (Austria), Avebe (Netherlands), Nowamyl (Poland), Shijiazhuang Huachen (China) and Henan Feitian (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kraft Chemical (United States), Zhucheng Dongxiao (China), Zhucheng Xingmao (China) and Mengzhou Jinyumi (China).
Segmentation Overview
The study have segmented the market of Global Dextrins market by Type (Maltodextrin, Cyclodextrin, Amylodextrin, Limit Dextrin and Others), by Application (Food & Beverage, Pharm, Industrial and Others) and Region with country level break-up.
On the basis of geography, the market of Dextrins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Demand from Cosmetic industry
Market Growth Drivers:
Increasing Health Conscious Populations, Owing to Prefere Fat-Free Dairy Products and Rising Demand for Use of Natural Ingredient
Challenges:
Dextrins are utilized in an extensive assortment of industries, and they typically appear as a food additive in an extensive series of products.
Restraints:
adhesives for paper products
Opportunities:
Increasing Consumption in Bakery, Dairy, Confectionary and Dairy Product in Food Industry and Key Players are Focusing on Technological Innovation, Equipment Upgrades, to Reduce Costs and Improve Quality
Market Leaders and their Expansionary Development Strategies
In July , 2022 Cargill and Continental Grain Company today announced the completion of the previously announced acquisition of Sanderson Farms, Inc. by a joint venture between Cargill and Continental Grain. The acquisition was announced on August 9, 2021
In January 2023,Cargill has completed the acquisition of Owensboro Grain Company, LLC, a fifth-generation family-owned soybean processing facility and refinery located in Owensboro, Ky. The transaction was first announced in November 2022.
Key Target Audience
Dextrins Manufacturers, Dextrins Raw Material Suppliers/Distributors, Suppliers/Distributors/Wholesalers, End-User and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.