Global Polydextrose Market - Growth, Trends and Forecasts (2018 - 2023)
|発行||Mordor Intelligence LLP||商品コード||704817|
|出版日||ページ情報||英文 120 Pages
|世界のポリデキストロース市場：成長、動向、予測（2018年〜2023年） Global Polydextrose Market - Growth, Trends and Forecasts (2018 - 2023)|
|出版日: 2018年07月20日||ページ情報: 英文 120 Pages||
The global polydextrose market is expected to register a CAGR of 5.4% during the forecast period (2018-2023) due to the increased application of polydextrose in bakery and confectionery products, supplements, beverages, sauces, and others, owing to its inherent properties like low calorie, odorless, and solubility among others.
The market is driven by the increased applications of polydextrose as a humectant, stabilizer and thickener, in bakery and confectionery products, beverages, yogurts, salad dressings and others. Also, with the rising number of diseases like obesity, diabetes and others, the use of polydextrose has increased in functional edible products as it is a high in fiber and is low in calories.
However, due to the availability of a large number of ingredients like carrageen, gelatin, and stevia among others, which be used as a replacement of polydextrose, is expected to lower the market share. The presence of a large number of substitutes is expected to pose a threat to polydextrose manufacturers by lowering its bargaining power.
Companies are observed to engage into agreements with food and beverage manufacturers to expand its market share. Further, extensive marketing of polydextrose by placing significant emphasis on its properties and utilization is expected to increase the awareness about the product and driving its demand in the future.
The global polydextrose market is segmented on the basis of application and form. By application, polydextrose is being used as a replacement for sugar in several functional food and beverage items like cakes, candies, puddings and others. The highest application of dextrose is found to be in bakery and confectionery products, due to its increased application as a stabilizer, thickener and others. By form, the market has been segmented into powder and liquid.
Regional Market Analysis
North America is observed to be the holding the largest market share in the global polydextrose market in 2017 and is anticipated to grow at a significant rate over the forecast period due to favorable regulations implemented by the U.S. FDA. Further, the demand for polydextrose is projected to be the highest in the Asia-Pacific countries like India and China during the forecast period, owing to the developments in functional food products and rising health concern in this region.
December 2017 - Tate & Lyle has expanded its manufacturing capacity, and upgraded its processes, at its STA-LITE® Polydextrose facility in Nantong, Jiangsu Province, China. This expansion has increased the capacity at the facility in Nantong by more than three times from when it was acquired by Tate & Lyle in 2014.
Major players - Tate & Lyle, Dupont Nutrition & Health, Shandong Minqiang Biotechnology Co.,Ltd., Baolingbao Biology, CJ CheilJedang Corp., Van Wankum Ingredients and Golden Grain Group Limited among others.
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Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
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