The global polydextrose market share is likely to generate a revenue of nearly US$ 226.6 million in the year 2023.
FMI projections further project the market to register a CAGR of 4.1% between the years 2023 and 2033. This report further predicts the demand for polydextrose, in terms of value, to reach US$ 338.4 million by the end of the year 2033.
The primary driver influencing the market is the rise in the knowledge of the advantages of using polydextrose sweeteners, such as their reduced calorie content and increased fiber content. Additionally, rising consumer demand for polydextrose prebiotics along with a change in consumer priorities for maintaining good health has strengthened the market further.
The sales of polydextrose are also anticipated to benefit from expanding areas of application in the food and beverage sector. Furthermore, an uptick in corn cultivation activities and a rise in food processing industries are the supply-side factors propelling the growth of the polydextrose market.
Key Takeaways from the Global Polydextrose Market Study Report
Competitive Landscape for the Polydextrose Market Players
Tate & Lyle PLC, Danisco (DowDuPont Inc.), Cargill Inc., The Scoular Company, Baolingbao Biology, Samyang Corporation, Golden Grain Group Limited., Foodchem International Corporation, Shandong Bailong Chuangyuan Bio-Tech Co., Ltd., Henan Tailijie Biotech Co., Ltd, and Rajvi Enterprise Private Limited among others are some of the key players in the global polydextrose market.
Market Segments Covered in Polydextrose Industry Analysis
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