The Europe, Middle East and Africa maltodextrin market is being aided by the expansion of the food and beverage as well as the cosmetics sectors in the region. The rise in demand for organic products and naturally derived ingredients in these sectors has witnessed a robust growth in recent years, especially among the younger consumers and middle-class population. Increase in purchasing powers and improvements in the economic conditions of the Middle east and African countries is also driving the growth of the convenience and packaged food sector in Europe Middle East and Africa. With maltodextrin being extensively used in processed food products, the growth in the packaged food segment in the region is also boosting the market of the polysaccharide. The Middle East region has seen a rise in the frozen foods segment in recent years, driven by an expanding expatriate population, which is expected to further propel the maltodextrin market in the area. Maltodextrin is used as a cryoprotectant, preventing ice crystal formation in frozen food items. They also help in controlling the mouthfeel of these products and stabilising their texture.
With consumers increasingly seeking non-genetically modified food options, manufacturers are increasingly producing maltodextrin which can be labelled as non-GMO. In 2017, Tate and Lyle, one of the major players in the starch industry, announced its plan to double the production capacity of non-GMO ‘MALTOSWEET’, a maltodextrin product, at its Boleraz plant in Slovakia. The expansion, which is expected to be completed by 2020, will capitalise on the rising demand for non-GMO and food grade maltodextrin, especially in regions like Europe, Middle East and Africa, and the Asia Pacific.
The maltodextrin market in the region is being driven by the ease of availability of various feedstock of the polysaccharide, especially wheat and potatoes. The total potato output in 2017 in the EU-28 countries stood at 62 million tonnes, increasing by about 9% as compared to 2016. Germany, one of the leading potato producer in the region, harvested 11.3 million tonnes of potatoes in 2017, which was a hike of about 5%, as compared to 2016. While countries in Europe largely produce maltodextrin from potatoes and wheat, countries like Egypt and Nigeria mostly import the product from India and China.
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Market Analysis by Applications, Regions, and Feedstock:
- Food and beverages, pharmaceutical, health and personal care, and agriculture are the main application sectors for maltodextrin.
- Germany, France, United Kingdom, Nigeria, Saudi Arabia, and UAE are the major maltodextrin markets in this region.
- The various feedstocks for maltodextrin available in this market are wheat, potato, corn and cassava.
Key Findings of the Report:
- The Europe Middle East and Africa maltodextrin market is being driven by the growing demand for sweeteners in Southern and Central Europe, as well as in Africa.
- The industry is also being propelled forward by the rise in the alcoholic beverage segment where maltodextrin finds extensive application.
- The booming cosmetics industry in countries like Saudi Arabia, Iran, and UAE is also aiding the industry.
- The growing demand for anti-ageing and men’s grooming products in Europe will provide further impetus to the maltodextrin market.
Key Offerings of the Report:
- The EMR report gives an overview of the global market, covering the global as well as regional supply and consumption of maltodextrin for the periods (2018-2023) and (2024-2032).
- The report analyses the global historical (2018-2023) and forecasted (2024-2032) markets for maltodextrin according to its applications for various regions.
- It also offers the historical (2018-2023) and future (2024-2032) supply and consumption of maltodextrin in Europe Middle East and Africa and its regional markets.
- It provides strategic global trade data analysis for the year 2020, covering the value and volume of the major exporting and importing countries.
- The report presents an analysis of the regional price trends in the Europe Middle East and Africa maltodextrin market for the periods (2018-2023) and (2024-2032).
- It analyses the Europe Middle East and Africa feedstock market, looking into their regional supply and consumption, along with their price trends for the historical (2018-2023) and forecasted (2024-2032) periods.
Cargill, Incorporated, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Roquette Frères, Tate & Lyle PLC, Tereos S.A, The Agrana Group, Hurgrana KFT, Tiba Starch & Glucose Manufacturing Company, and Tongaat Hulett Limited are the key players in the Europe Middle East and Africa maltodextrin market. The EMR report examines their market share, capacity, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds.
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