Dextrin Market Size, Share, Opportunities, And Trends By Application (Foods, Adhesives And Coatings, Others), By Chemical Type (Maltodextrin, Cyclodextrin, Icodextrin), By Color Type (White, Yellow, British Gum), And By Geography - Forecasts From 2023 To 2028

The dextrin market is projected to show steady growth during the forecast period.

Dextrins represent a group of hydrophilic polysaccharides, characterized as partially hydrolyzed starch. They play a role in the natural starch digestion process within the human gastrointestinal tract. Dextrins find diverse applications, contributing to the manufacturing of spiral and convolute tubes, carbon paper, abrasives, and dry distemper. Their versatility extends to machine labelling of various items such as tins, cartons, packages, envelopes, and corrugated boxes.

Moreover, dextrins serve as essential components in the production processes of crackers, utilizing their adhesive properties and contributing to the explosive character. In industries like bookbinding, paper cone and tube manufacturing, carton sealing, cigarette pasting, and match-head and matchbox production, dextrins play pivotal roles. Additionally, they function as thickening and binding agents in pharmaceuticals and paper coatings, showcasing their versatility across various sectors. Furthermore, they serve as stabilizing agents, particularly in explosive metal azides like Lead (II) azide.

The market for dextrins is segmented based on chemical types, including maltodextrin, cyclodextrin, and icodextrin. Additionally, the market is categorized by color types, such as white, yellow, and British gum, reflecting the diverse applications and adaptability of dextrins across different industries.

Market Drivers

• Demand from the food and beverages industry-

Dextrin plays a crucial role in the food and beverage industry. Here, it serves as a versatile component utilized for thickening, sweetening, and bulking, as well as enhancing the overall texture of food products. The significance of dextrin in this sector is related to the substantial expenditures made by households on food and non-alcoholic beverages.

In 2021, households within the EU collectively spent over €1,035 billion, equivalent to 7.1% of the total EU GDP, representing a significant share of 14.3% of total household expenditure. Similarly, U.S. consumers demonstrated a substantial allocation of disposable personal income to food in 2022, with average spending of 11.3 percent. The cumulative spending on food and beverages in the U.S. in 2022 reached $2.39 trillion, including expenditures in grocery stores, and other retail outlets, as well as away-from-home meals and snacks.

Dextrin's applications in the food and beverage sector extend beyond conventional uses, as it contributes nutritional and functional benefits. Acting as a source of soluble fibre, dextrin finds application in an array of food products, including French fries, batter and breading, soups, sauces, confections, beverages, snacks, cereals, puddings, yogurts, and baked goods. This diverse utilization has led to a surge in demand for dextrin, contributing to the overall expansion of the dextrin market.

• Dextrin application in the Cosmetic and Pharmaceuticals industry-

Dextrin plays a pivotal role in both the pharmaceutical and cosmetic industries, showcasing its versatility and adaptability in various applications. In the pharmaceutical sector, dextrin serves as a vital component, functioning as a binder and disintegrant in the formulation of tablets and capsules. As an excipient, it serves as binders, fillers, stabilizers, and suspending agents, showcasing their multifunctional attributes in pharmaceutical formulations. Notably, in 2022, overall pharmaceutical expenditures in the United States experienced a notable 9.4% growth compared to the preceding year, totalling an impressive $633.5 billion. As the pharmaceutical industry continues to grow, the demand for dextrin is poised to expand in tandem.

In the cosmetic industry, dextrin finds application as a versatile ingredient, serving as a thickener and bulking agent. Its role extends to being an excipient for dry extracts and pills, contributing to the preparation of emulsions, dry bandages, and the thickening of dye pastes and mordants used in fabric printing for vibrant and lasting colors.

The constant exploration of new applications in cosmetics and pharmaceuticals underscores dextrin's ongoing relevance and adaptability. Its biocompatibility, versatility, and relatively low cost contribute to its status as a valuable addition to a diverse array of formulations, highlighting its significance in advancing innovations in these industries.

Market Restraints

• Side effects related to the use-

Although dextrin is generally recognized as safe for consumption and is extensively utilized in various food and other products, it is essential to be mindful of potential side effects. It is noted particularly in specific individuals or when consumed in excessive quantities. It is advised to exercise caution, particularly in individuals with conditions such as esophageal strictures, ulcers, stenosis, intestinal adhesions, gastrointestinal obstruction, faecal impaction, or those experiencing difficulty swallowing. However, when used with care and following appropriate guidelines, dextrin is generally considered safe, and adverse effects are not commonly reported.

The dextrin market by color type is segmented into white, yellow, and British gum

The dextrin market is segmented by color type, into three primary segments: white, yellow, and British gum. White dextrin finds diverse applications in the food sector, serving as a crispness enhancer, a component in food batters, a coating agent, a thickening agent for stews and soups, and a fat replacer in low-calorie food formulations. Yellow dextrin, on the other hand, is extensively utilized in the production of spiral and convolute tubes. Its versatile applications extend to carbon paper manufacturing, abrasives, and dry distemper, showcasing its adaptability across different industrial sectors. British gums, known for their high solubility, play a crucial role as carriers for active food ingredients such as flavourings, spices, and colorants.

North America is anticipated to hold a significant share of the dextrin market.

North America is projected to account for a notable share of the dextrin market. This is owing to the substantial size of the overall chemical industry and the widespread applications of dextrin within this sector. The U.S. chemical industry, a key player in this region, contributes to over a quarter of the U.S. GDP. This industry plays a vital role in the production of nearly all commercial and household goods and serves as a crucial driver of economic growth. Valued at a staggering $768 billion, the U.S. chemical industry stands as a cornerstone of economic activity. Dextrin, with its diverse applications ranging from pyrotechnics and paper coatings to foundry and adhesives, is in high demand within this thriving chemical landscape. As a result, the North American region, emerges as a significant player in the dextrin market.

Market Developments

• January 2023-  Glico Nutrition showcased its functional carbohydrate, Cluster Dextrin™ (also known as Highly Branched Cyclic Dextrin), at SupplySide West. This material emerged as an optimal energy source for a diverse range of sports activities. Demonstrated through clinical studies. This event served as a platform for Glico Nutrition to present the clinical efficacy and suitability of its carbohydrate offering, positioning it as a valuable resource for individuals engaged in various sporting endeavours.
• April 2022-   In Paris, Roquette Beauté introduces Beauté by Roquette® DE 006, an innovative microbiome-friendly ingredient. This 100% plant-based dextrin holds COSMOS and NATRUE approvals, ensuring its alignment with natural and organic cosmetic standards. Vegan-friendly and designed as an ideal companion for fragile and sensitive skin and scalps, DE 006 serves a diversity of the skin microbiome.

Company Products

• White dextrin by Gromotech Agro Chem Pvt Ltd.-  The company offers white dextrin tailored for diverse applications, notably in the foundry industry. This versatile product plays a pivotal role in textile finishing and serves as a coating agent, enhancing the weight and stiffness of textile fabrics. In the foundry sector, white dextrin is employed to optimize processes, ensuring superior outcomes. The packaging of white dextrin is designed for convenience and protection, as it is available in 50 kg HDPE sacks with liners inside. The company also offers customized packing options to meet the unique needs of clients, ensuring flexibility and tailored solutions. In addition to white dextrin, the company also offers yellow dextrin.
• Dextrin powder by UPI chemicals-  The company offers dextrin, in the form of off-white to yellow powder. It has multiple applications. In the realm of adhesives, dextrin serves as a water-soluble glue, particularly in removable envelope adhesives and paper tubes, and as a secure and efficient sealing solution. It can be utilized in industries such as food and beverage, and pharmaceutical sectors. In the leather industry, it plays a role as a binder, contributing to the cohesion and quality of leather products. The packaging options provided by the company, range from 250-gram and 500-gram HDPE, wide-mouth bottles to larger up to 100 lb.
• Dextrin Adhesive Glue by USA Adhesive- The company offers a product named Dextrin Adhesive Glue, specifically for cellulosic materials, notably paper and paperboard. These adhesives stand out for their ability to provide a clean machining experience while ensuring bonding capabilities, addressing the unique requirements of these materials. It is manufactured through a meticulous process, of cooking starch in water at a precise temperature of 200°F. Dextrin adhesive glue is a comprehensive solution for many industrial and creative applications.

Dextrin Market Scope:

 

Report Metric	Details
Growth Rate	CAGR during the forecast period
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Application Chemical Type Color Type Geography
Companies Covered	Gromotech Agro Chem Pvt Ltd. Universal Preserv-A-Chem Inc. U.S. Adhesives, Inc. Ram Shree chemicals Primient And more
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

Market Segmentation

• By Application
  • Foods
  • Adhesives And Coatings
  • Others
• By Chemical Type
  • Maltodextrin
  • Cyclodextrin
  • Icodextrin
• By Color Type
  • White
  • Yellow
  • British Gum
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. DEXTRIN MARKET BY APPLICATION

5.1. Introduction

5.2. Foods

5.3. Adhesives and coatings

5.4. Others

6. DEXTRIN MARKET BY CHEMICAL TYPE

6.1. Introduction

6.2. Maltodextrin

6.3. Cyclodextrin

6.4. Icodextrin

7. DEXTRIN MARKET BY COLOR TYPE

7.1. Introduction

7.2. White

7.3. Yellow

7.4. British Gum

8. DEXTRIN MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Gromotech Agro Chem Pvt Ltd.

10.2. Universal Preserv-A-Chem Inc.

10.3. U.S. Adhesives, Inc.

10.4. Ram shree chemicals

10.5. Primient

10.6. Spectrum Chemical

10.7. Visco Starch

10.8. Ataman Chemical

10.9. Gujarat Ambuja Exports Limited

10.10. Sanjay Adhesives.

Gromotech Agro Chem Pvt Ltd.

Universal Preserv-A-Chem Inc.

U.S. Adhesives, Inc.

Ram Shree chemicals

Primient

Spectrum Chemical

Visco Starch

Ataman Chemical

Gujarat Ambuja Exports Limited

Sanjay Adhesives.