Polydextrose Market Research Report |Share, Expected Growth and Industry Forecast 2023-2028
The latest report by IMARC Group, titled ” Polydextrose Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on high-speed camera market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. finds that the global polydextrose market size reached US$ 287.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 394.9 Million in 2028, expanding at a CAGR of around 5.1% during the forecast period (2023-2028).
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Polydextrose Market Overview
Polydextrose represents a non-digestible carbohydrate and soluble fiber that is utilized as a texturizer as well as a low-calorie bulking agent to increase the fiber content of various food products. It is usually obtained by melting and condensing glucose polymers with sorbitol end groups and comprises D-glucose, sorbitol, citric acid, phosphoric acid, etc. Polydextrose offers several health benefits, including lowering cholesterol and blood glucose levels and enhancing the frequency of mineral absorption and bowel movements in the intestinal tract. Consequently, it finds wide-ranging applications in the preparation of bakery and confectionery items, beverages, sauces, dessert mixes, gelatin, salad dressings, candies, breakfast cereals, etc.
What are the key factors driving the Polydextrose Market ?
The increasing prevalence of numerous chronic and lifestyle diseases, such as diabetes and obesity, is augmenting the demand for functional food items, owing to their high fiber and low-calorie content, which is among the key factors driving the polydextrose market. Apart from this, the growing consumer health consciousness and the inflating need for nutritional and dietary supplements are also propelling the market growth.
Moreover, the widespread adoption of polydextrose as a stabilizer, humectant, thickener, etc., in yogurt and other products is further positively influencing the global market. Besides this, it is used in commercial beverages and medical food, on account of its low-carb, rich fiber content, and low glycemic index, which is acting as another significant growth-inducing factor. Additionally, the rising popularity of this fiber as an alternative to starch, sugar, and fat in ice cream is expected to fuel the polydextrose market over the forecasted period.
For the competitor segment, the report includes global key players of the Polydextrose Market.
- Akhil Healthcare Pvt Ltd
- Baolingbao Biology Co. Ltd.[ SHE: 002286]
- Cargill Incorporated [Cargills PLC ] [ CARG]
- Danisco A/S (International Flavors & Fragrances Inc.
- DuPont de Nemours Inc.[ NYSE: DD]
- Devson Impex Private Limited
- Foodchem International Corporation
- Henan Tailijie Biotech Co. Ltd
- Rajvi Enterprise Private Limited
- Samyang Corporation [KRX: 145990]
- Shandong Bailong Chuangyuan Bio-Tech Co. Ltd.[ SHA: 605016]
- Tate & Lyle PLC [OTCMKTS: TATYY]
- and Van Wankum Ingredients.
The report segmentation is as follows:
Breakup by Form:
- Powder
- Liquid
Breakup by Application:
- Bakery and Confectionery
- Beverages
- Yogurts and Dairy Products
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
Key Questions Answered in the Global Polydextrose Market Report
• How has the global Polydextrose industry performed in the past and how will it perform in the near future?
• What is the impact of COVID-19 on the global Polydextrose market?
• What are the key regions in the global Polydextrose industry?
• What are the major driving factors and challenges in the global Polydextrose market?
• What is the structure of the global Polydextrose industry and who are the leading players?
• What is the degree of competition in the market?
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