Polydextrose Market Size, Share & Trends Analysis Report By Product (Powder, Liquid), By Application (Nutritional Food, Bakery & Confectionary, Beverages), By Region, And Segment Forecasts, 2018 - 2025

Industry Insights

The global polydextrose market size was valued at USD 225 million in 2015 and is anticipated to grow at a CAGR of 5.6% over the forecast period. Increasing health awareness and growing consumption of functional and nutritional foods is expected to drive the market growth. It promotes the usage in weight management, fat reduction, rising satiety, and prebiotics.

Polydextrose is a synthetic polymer, which is derived from glucose. It is characterized as a soluble fiber by agencies including, Health Canada and Food & Drug Administration (FDA). It is usually produced from various natural raw materials including citric acid, sorbitol, and dextrose and is used as a replacement for fat, starch, and sugar.

U.S. polydextrose market revenue by application, 2014 - 2025 (USD Million)

Increasing demand in commercial beverages, puddings, dessert mixes, cakes, frozen desserts, salad dressings, candies, gelatin, and breakfast cereals is anticipated to augment the market from 2016 to 2025. Polydextrose is also utilized as a thickening agent and as a stabilizer. It is found in nutritional and medical foods owing to the low-carb & rich fiber content, and low glycemic index.

Growing demand in functional foods owing to its prebiotic benefits is projected to propel the market growth. Due to its low sugar content property, it is often used to produce sugar-free products and diabetic foods. Shift in consumer consumption towards healthy nutrition owing to health consciousness expected to fuel the market over the forecast period.

Product Insights

Powder segment accounted for over 56% of the market demand in 2015. The segment is expected to show a similar growth trend over the forecast period. The wide use of powdered polydextrose in bakery & confectionery, functional food products, and nutritional food is due to its chemical and physical property is projected to drive the polydextrose market growth.

Liquid segment is anticipated to grow at the fastest rate with a CAGR of 6.0% from 2016 to 2025. Growing demand for liquid polydextrose in cultured dairy and medical syrups is expected to boost the growth in this segment over the forecast period.

Application Insights

Bakery & confectionary application was the largest segment accounted for over 27.8% of the overall market in 2015. It is used in baked products, chocolates, dairy products, and fruit applications such as jams, jellies, and desserts. This application segment is expected to grow at a CAGR of 6.0% from 2016 to 2025.

Beverage application demand was 9.58 kilotons in 2015, and is expected to grow at a CAGR of 5.9% over the forecast period. STA-LITE polydextrose product produced by Tate & Lyle is used in a wide range of applications such as ice cream, yogurt, cereal bars, and snacks & cereals. The functional properties of polydextrose are favorable to be used in a wide range of applications including nutritional bars, cultured dairy, beverages, bakery & confectionary, and health products.

Regional Insights

North America dominated the market in 2015 and is projected to grow at a significant growth over the forecast period. Favorable regulations by the U.S. FDA are projected to propel the market from 2016 to 2025.

Regional market share, by revenue, 2015 (%)

Asia Pacific is expected to grow at the fastest rate over the coming years. The region accounted for over 19.5% of the global market in 2015, owing to the increasing demand from emerging countries such as China and India. Changing food preferences and health consciousness in these countries is expected to boost the market in the region.

Polydextrose Market Share Insights

Market players are focusing on developing new product portfolios to achieve product enhancement. The companies are increasing their investment and expansion activities in the development of new products for end-user industries to gain market share. For instance, in February 2015, Tate & Lyle launched DOLCIA PRIMA low-calorie sugar, its new ingredient set to transform the food and beverage industry towards low- or reduced-calorie products.

Major industry participants include Tate & Lyle, Danisco A/S, Medallion Labs, Baolingbao Biology, MengzhouTailijie, Vitahealth, CJ CheilJedang, Shandong Minqiang Biotechnology Co. Ltd., Samyang Genex, and Cargill Inc. Cargill Inc. is one of the companies that are into the complete value chain of polydextrose. Such fully integrated companies have financial as well as operational benefits that improve profitability and reduce operational costs.

Report Scope

Segments covered in the report

This report forecasts volume & revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2014 to 2025. For the purpose of this report, Grand View Research has segmented the global polydextrose market on the basis product, application, and region:

• Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Powder

  • Liquid

• Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Nutritional Food

  • Bakery & Confectionary

  • Beverages

  • Cultured Dairy

  • Others

• Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • Central & South America

  • Middle East and Africa