Soluble Fiber Market Share Analysis
Maltodextrin, a composite of maltose, polysaccharides, oligosaccharides, and glucose, stands at 15-20% equivalence to dextrose. Prepared through the hydrolysis of starch, followed by refining and spray-drying, maltodextrin presents itself as one of the artificial sugars with a mild, sweet taste. Widely embraced as a food additive, it finds its way into an array of packaged foods such as seasonings, cereals, potato chips, desserts, soups & sauces, canned fruits, snacks, spice mixes, baked goods, instant pudding, salad dressings, nutrition bars, sauces, yogurt, sugar-free sweeteners, cake mixes, and meal replacement shakes, among others.
Distinctively, maltodextrin offers fewer calories compared to sugar, rendering it suitable for the production of sugar substitutes. Its versatility extends to applications in coffee whiteners, imitation cheeses & sour creams, as well as whipped toppings. In the confectionary realm, maltodextrin serves various roles, acting as a binding, crystal inhibitor, and plasticizer for candy coating, soft-center candies, glazing, frosting, and snack and nut coating. Moreover, it enhances the hygroscopic features in hard candies, ensuring minimal impact on the fat, fiber, and protein content of the final product due to its minimal usage in food and beverage items.
Beyond the food and beverage sector, maltodextrin experiences heightened demand in the pet food and animal feed industry, owing to its functional properties such as stabilizing, thickening, anticaking, and bulking. The year 2017 witnessed the approval of maltodextrin application by AFFCCO for the production of pet food, poultry feed, and other animal feed and nutrition products. Maltodextrin-based products play a role in supporting digestive health in cattle and pets, contributing to their widespread use in pet food and animal nutrition products.
The benefits associated with consuming maltodextrin-based products, coupled with the increasing demand for healthy pet food and products promoting cattle health among pet parents, serve as major catalysts propelling the growth of the maltodextrin industry. These key enablers are projected to drive significant growth during the forecast years, further solidifying maltodextrin's position in various industries.