Dextrin Market by End-user and Geography - Forecast and Analysis 2022-2026
| Published: Jun 2022 | Pages: 129 | SKU: IRTNTR73742 |
The dextrin market share is expected to increase by USD 450.35 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.1%.
This dextrin market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dextrin market segmentation by end-user (food, pharmaceuticals, cosmetics, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The dextrin market report also offers information on several market vendors, including Cargill Inc., Cooperatie Koninklijke Avebe U.A., Emsland Starke GmbH, GlaxoSmithKline Plc, Ingredion Inc., Meelunie BV, Oxygen Essentials For Life, Parchem Fine and Specialty Chemicals, Roquette Freres SA, Sanstar Bio Polymers Ltd., Sunar Egypt, Tate and Lyle Plc, and Visco Starch among others.
What will the Dextrin Market Size be During the Forecast Period?
Download the Free Report Sample to Unlock the Dextrin Market Size for the Forecast Period and Other Important Statistics
Dextrin Market: Key Drivers, Trends, and Challenges
The growing global pharmaceutical industry is notably driving the dextrin market growth, although factors such as growing demand for fresh foods may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dextrin industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Dextrin Market Driver
The growing global pharmaceutical industry is one of the key drivers fueling the dextrin market growth. Primarily, the factors such as increasing healthcare awareness and the growing knowledge of healthcare conditions among people with the help of the internet are increasing the sales of over-the-counter drugs. The pharmaceutical industry in Southeast Asian countries such as Vietnam, Indonesia, and the Philippines remains untapped. These countries witness a huge demand-supply gap for pharmaceutical products. For instance, healthcare spending in Vietnam reached nearly $22 billion in 2020, which is an increase of 40% when compared with that in 2013. Therefore, the growth of the pharmaceutical industry is expected to drive the growth of the global dextrin market during the forecast period.
Key Dextrin Market Trend
Rising demand from the gluten-free food segment is one of the key drivers supporting the dextrin market growth. The health benefits of gluten-free foods include improved cholesterol levels, improved digestion, and reduced inflammation of the intestine. They also benefit children with autism as they are sensitive to peptides and proteins in foods that contain gluten and casein. Also, the consumption of gluten-free food has increased dramatically over the past five years. For instance, an estimated 25% of Americans follow a gluten-free diet as per a study conducted in 2020. Therefore, keeping growing awareness as a key factor, the dextrin market will have a positive impact during the forecast period.
Key Dextrin Market Challenge
Growing demand for fresh foods is one of the key factors challenging the dextrin market growth. Fresh foods are not frozen and are free from preservatives. Moreover, due to the rising awareness among consumers about the health benefits of fresh foods, there is a high demand for such products across the globe. Furthermore, there has been a global shift in demand for fresh food products as opposed to frozen foods. Eating fresh produce provides an individual with enhanced energy, reduces premature aging, and helps in weight reduction. Such benefits of consuming fresh foods may challenge the dextrin market growth during the forecast period.
This dextrin market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global dextrin market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dextrin market during the forecast period.
Who are the Major Dextrin Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Cargill Inc.
- Cooperatie Koninklijke Avebe U.A.
- Emsland Starke GmbH
- GlaxoSmithKline Plc
- Ingredion Inc.
- Meelunie BV
- Oxygen Essentials For Life
- Parchem Fine and Specialty Chemicals
- Roquette Freres SA
- Sanstar Bio Polymers Ltd.
- Sunar Egypt
- Tate and Lyle Plc
- Visco Starch
This statistical study of the dextrin market encompasses successful business strategies deployed by the key vendors. The dextrin market is fragmented and the vendors are deploying growth strategies such as an increase in research and development (R&D) activities and new product launches to compete in the market.
Product Insights and News
- Gsk.com - The company offers Benefiber original which provides clear, taste-free Benefiber powder which is a plant-based prebiotic fiber that nourishes the good bacteria that exist naturally in gut of the human body.
- Ingredion.com - The company offers NATIONAL 0280 tapioca dextrin which is a starch-based crisping agent designed to impart a range of textural properties to battered and fried food products, particularly french fries.
- Oxygennutrition.com.au - The company offers CLUSTER DEXTRIN which is produced through an advanced enzyme process involving the breakdown of starch.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The dextrin market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Dextrin Market?
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48% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the dextrin market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rise in the demand for packaged food products among consumers across developing countries like China and India will facilitate the dextrin market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the dextrin market in APAC witnessed certain challenges due to the outbreak of the COVID-19 pandemic. However, following the outbreak of the COVID-19 pandemic, developing countries like India have been investing significantly in improving pharmaceutical manufacturing in the region, which will increase the demand for dextrin during the forecast period.
What are the Revenue-generating End-user Segments in the Dextrin Market?
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The dextrin market share growth by the food segment will be significant during the forecast period. Some of the application of dextrin includes its use in enhancing crispness in food processing applications, especially in different types of batters, coatings, and glazes. It is also used as a raw material for manufacturing other food additives, such as pectin. Dextrin can also be made from non-wheat sources, like tapioca, rice, or potatoes. In these cases, it can be used to prepare gluten-free food. Also, the consumption of gluten-free food is rising in North America and Europe due to rising awareness about celiac disease. Such increasing use in food processing will drive the dextrin market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the dextrin market size and actionable market insights on post COVID-19 impact on each segment.
Dextrin Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the dextrin market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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Dextrin Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.1% |
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Market growth 2022-2026 |
$ 450.35 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.1 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 48% |
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Key consumer countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Cargill Inc., Cooperatie Koninklijke Avebe U.A., Emsland Starke GmbH, GlaxoSmithKline Plc, Ingredion Inc., Meelunie BV, Oxygen Essentials For Life, Parchem Fine and Specialty Chemicals, Roquette Freres SA, Sanstar Bio Polymers Ltd., Sunar Egypt, Tate and Lyle Plc, and Visco Starch |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Dextrin Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive dextrin market growth during the next five years
- Precise estimation of the dextrin market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the dextrin industry across APAC, Europe, North America, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of dextrin market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Food - Market size and forecast 2021-2026
- Exhibit 28: Chart on Food - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Food - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Food - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Food - Year-over-year growth 2021-2026 (%)
- 5.4 Pharmaceuticals - Market size and forecast 2021-2026
- Exhibit 32: Chart on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
- 5.5 Cosmetics - Market size and forecast 2021-2026
- Exhibit 36: Chart on Cosmetics - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Cosmetics - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Cosmetics - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Cosmetics - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by End-user
- Exhibit 44: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Cargill Inc.
- Exhibit 97: Cargill Inc. - Overview
- Exhibit 98: Cargill Inc. - Product / Service
- Exhibit 99: Cargill Inc. - Key news
- Exhibit 100: Cargill Inc. - Key offerings
- 10.4 GlaxoSmithKline Plc
- Exhibit 101: GlaxoSmithKline Plc - Overview
- Exhibit 102: GlaxoSmithKline Plc - Business segments
- Exhibit 103: GlaxoSmithKline Plc - Key news
- Exhibit 104: GlaxoSmithKline Plc - Key offerings
- Exhibit 105: GlaxoSmithKline Plc - Segment focus
- 10.5 Ingredion Inc.
- Exhibit 106: Ingredion Inc. - Overview
- Exhibit 107: Ingredion Inc. - Business segments
- Exhibit 108: Ingredion Inc. - Key news
- Exhibit 109: Ingredion Inc. - Key offerings
- Exhibit 110: Ingredion Inc. - Segment focus
- 10.6 Oxygen Essentials For Life
- Exhibit 111: Oxygen Essentials For Life - Overview
- Exhibit 112: Oxygen Essentials For Life - Product / Service
- Exhibit 113: Oxygen Essentials For Life - Key offerings
- 10.7 Parchem Fine and Specialty Chemicals
- Exhibit 114: Parchem Fine and Specialty Chemicals - Overview
- Exhibit 115: Parchem Fine and Specialty Chemicals - Product / Service
- Exhibit 116: Parchem Fine and Specialty Chemicals - Key offerings
- 10.8 Roquette Freres SA
- Exhibit 117: Roquette Freres SA - Overview
- Exhibit 118: Roquette Freres SA - Product / Service
- Exhibit 119: Roquette Freres SA - Key offerings
- 10.9 Sanstar Bio Polymers Ltd.
- Exhibit 120: Sanstar Bio Polymers Ltd. - Overview
- Exhibit 121: Sanstar Bio Polymers Ltd. - Product / Service
- Exhibit 122: Sanstar Bio Polymers Ltd. - Key offerings
- 10.10 Sunar Egypt
- Exhibit 123: Sunar Egypt - Overview
- Exhibit 124: Sunar Egypt - Product / Service
- Exhibit 125: Sunar Egypt - Key offerings
- 10.11 Tate and Lyle Plc
- Exhibit 126: Tate and Lyle Plc - Overview
- Exhibit 127: Tate and Lyle Plc - Business segments
- Exhibit 128: Tate and Lyle Plc - Key news
- Exhibit 129: Tate and Lyle Plc - Key offerings
- Exhibit 130: Tate and Lyle Plc - Segment focus
- 10.12 Visco Starch
- Exhibit 131: Visco Starch - Overview
- Exhibit 132: Visco Starch - Product / Service
- Exhibit 133: Visco Starch - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources
- 11.5 List of abbreviations
- Exhibit 140: List of abbreviations
- food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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dextrin market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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