The polydextrose market is estimated to be valued at USD 218.2 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 319.9 Mn by 2032, rising at a CAGR of 3.9% for 2022-32. The polydextrose market accounts for 5% of the total dextrose monohydrate market which was valued at USD 3970.8 Mn as of 2021.
In the backdrop of FDA’s recent (and favorable) dietary fiber guidance, increasing usage of polydextrose for food and beverage fortification with fiber-rich ingredients is likely to propel polydextrose consumption worldwide, in coming years. Fostering inclusion of polydextrose in personal care products – especially cosmetics is cited as another important factor boosting applicability of polydextrose.
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While functional attributes of polydextrose continue to sustain their consumption in the global market, a new research intelligence published by Future Market Insights has provided a strong forecast that the global consumption of polydextrose would reach around 120,000 MT towards the end of 2019. In terms of revenue, the polydextrose market valuation is projected to see merely 3.6% revenue growth yearly, in 2019. The polydextrose landscape thus is cited as a high volume-low growth market at a global level.
A Preferred Substitute for ‘High Calorie’ Ingredients
A growing consumer focus on an improved, healthier lifestyle that subsequently results in increased consumption of healthful ingredients such as dietary supplements and functional/fortified ingredients, pre and probiotics, infant formula, and others. This is primarily referred to as the key factor driving polydextrose demand.
Prominent health benefits of polydextrose, including the ability to regulate blood glucose level, support proliferation of gut-friendly microbiota, improve digestion, and aid in weight management by suppressing hunger will reportedly continue to push polydextrose consumption among health conscious population, says the report.
The healthful food and beverages specifically targeting obese population is more likely to witness soaring incorporation of polydextrose owing to the ability to control calorific intake. A growing trend of polydextrose incorporation in diabetes friendly foods and beverages is likely to sustain notably high consumption of polydextrose.
Polydextrose Market
Exclusive Insights on Key Segments of Polydextrose Market
Besides dietary supplements, dairy and beverages are projected to consume considerable volumes of polydextrose, finds research. The report however indicates a promising growth outlook for the market only in dietary supplements segment. Whereas, the report points to a sluggish revenue growth of market in other segments which also include bakery and confectionary, desserts, snack bars, breakfast cereals, spreads, and sauces. Powdered polydextrose remains favored over polydextrose in liquid form – the former representing more than 3/4th share of the current market value.
Europe to Retain a Lion’s Share, Asian Market Holds Promise
Despite over 1/3rd share contributed to the total polydextrose market value, Europe is slated for sluggish revenue growth in coming years. As estimated by the report, the polydextroze demand in the region will be sustained by relatively higher consumption of dietary supplements.
Polydextrose market in emerging Asian economies and China, which collectively hold a more than 1/4th share in the current market value, is however forecast to witness moderate growth in revenue in 2019 and ahead. This has been attributed to the rapidly expanding obese as well as diabetic population across Asian Rim.
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Polydextrose Manufacturers Recommended to Switch to Novel Formulations
The report discusses potential challenges posed by key restraining factors associated with the performance of polydextrose market. A paradigm shift currently trending the food and beverages industry, i.e. growing consumption of unconventional, plant-based ingredients is more likely to hold a negative impact on synthetic polydextrose consumption.
Market Segments Covered in Polydextrose Industry Analysis
By Form :
- Powder Form
- Liquid Form
By End Use :
- Bakery & Confectionery
- Breakfast Cereals
- Snacks & Bars
- Dairy Products
- Desserts & Ice Cream
- Soups, Sauces, & Dressings
- Spreads & Fillings
- Beverages & Dairy Drinks
- Dietary Supplements
- Animal Feed and Pet Food
Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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