The Polydextrose Production Scenario Market size is forecast to reach $684.9 million by 2025, growing at a CAGR of 4.8% during the forecast period 2020-2025. 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. Increasing application of polydextrose as a stabilizer & thickener, and the rising number of diseases like obesity, and diabetes is the major factor driving the growth of the market. Increasing use of polydextrose in functional edible products as it is high in fiber and is low in calorie is set to further enhance the overall market demand for the Polydextrose Production Scenario Market during the forecast period 2020-2025.
Polydextrose Production Scenario Market Segment Analysis – By Product
The Powder segment held the largest share in the Polydextrose Production Scenario Market in 2019 and is estimated to grow at a CAGR of 5.3% during the forecast period 2020-2025. Tasteless, odorless, white-cream colored, granular powder form polydextrose is perfectly soluble in water. In the production of low-calorie bakery products such as bread, pizza dough, crackers, lavash, polydextrose is included in the formulation to provide desired mouth sensation and texture properties while substituting sugar and starch. Polydextrose also contributes to prolonging the shelf life of these products with its moisture-retaining feature. Polydextrose contributes to the oral sensation, fullness, and textural properties of sugar, which is substituted with synthetic or natural sweeteners, which are used in the production of various foods and give intense sweetness. The powder is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
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Polydextrose Production Scenario Market Segment Analysis – By Applications
The Bakery & Confectionery segment held the largest share in the Polydextrose Production Scenario Market in 2019. Polydextrose is a water-soluble dietary fiber that can improve gastrointestinal function, lower blood sugar, and lipids. It is a kind of food with a health caring function. Polydextrose and AK sugars are added to bakery products to replace sucrose. After the replacement, the product has a soft texture and good moisture retention. Also, there is no difference between the appearance and the taste is delicate. The greater the proportion of substitution is, the better the elasticity is and the lower the hardness is. Polydextrose can therefore be used as a substitute for sucrose in the production of low-calorie cakes without affecting the performance of the finished product. Adding a proper amount of polydextrose can improve the quality of the finished bread. At the same time, it can reduce the moisture evaporation of bread during the storage period and maintain the softness moderately, that is, polydextrose has a certain freshness preservation effect on bread production. The Bakery & Confectionery is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
Polydextrose Production Scenario Market Segment Analysis – By Geography
North America dominated the Polydextrose Production Scenario Market in 2019 with a share of more than 38.77%, followed by the Asia Pacific owing to the favourable regulations regulated by the U.S., and rising concerns about obesity & other health issues among the population. The shift in consumer consumption towards healthy nutrition owing to health consciousness is also increasing the growth of the Polydextrose Production Scenario Market in this region.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the changing food preference. Increasing corn cultivation, and changing eating patterns along with the concerns regarding proper health is increasing the growth of the Polydextrose Production Scenario Market in this region.
Polydextrose Production Scenario Market Drivers
Increasing application of polydextrose as a stabilizer & thickener
Increasing application of polydextrose as a stabilizer & thickener is increasing the growth of the Polydextrose Production Scenario Market. Polydextrose is used in all types of food products such as cakes, pastries, sweet desserts, ice-cream, sugar confectionery, and chocolate as well as meat products. Its benefits have been found mostly in reduced sugar and calorie food where it replaces sugars with typical usage levels above 5%. There is also commercially available a hydrogenated form of polydextrose that has no reducing properties and is resistant to acid and alkaline conditions. Polydextrose can function as a humectant in foods to slow down undesirable changes in moisture content. It helps to retain moisture, texture, and shelf life in a range of product applications, from confectionery and baked goods to reformed meat products. Polydextrose technically has greater potential than sorbitol as a humectant ingredient or as part of a humectant system. Thus, increasing the growth of the Polydextrose Production Scenario Market.
Growing consumption of functional & nutritional foods, and increasing demand for commercial beverages
Growing consumption of functional & nutritional foods and increasing demand in commercial beverages is increasing the growth of the Polydextrose Production Scenario Market. Polydextrose is a low calorie, sugar-free, low glycemic carbohydrate that has a variety of functional properties including high water solubility, high glass transition temperature, prebiotic properties, and good stability at elevated temperature. It also aids blood glucose homeostasis and can decrease low-density lipoprotein (LDL) cholesterol and total cholesterol levels in blood serum. These functional and physiological benefits have led to considerable interest from the food industry to use polydextrose in the development of new healthy products. High solubility, clarity, and rheological properties similar to sucrose make polydextrose versatile enough to add a desirable texture to a variety of liquids, including dairy drinks and yogurts, sauces, and dressings while reducing calories from fat or sugar. Consumers, in general, do not want to taste the fiber but are attracted to smoother and richer consistency when it comes to various liquids. Taste and texture are always key concerns when reformulating foods to health-conscious consumer.
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Polydextrose Production Scenario Market Challenges
Availability of a large number of ingredients like gelatin, and the presence of a large number of substitutes
Some of the factors that are set to impede the growth of the Polydextrose Production Scenario Market are the availability of a large number of ingredients like gelatin, and the presence of a large number of substitutes.
Polydextrose Production Scenario Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Polydextrose Production Scenario Market. In 2019, the Polydextrose Production Scenario Market share is consolidated by the top ten players present in the market. Polydextrose Production Scenario Market, the top 10 companies are Tate & Lyle, Danisco A/S, Medallion Labs, Baolingbao Biology, MengzhouTailijie, Vitahealth, CJ CheilJedang, Shandong Minqiang Biotechnology Co. Ltd., Samyang Genex, and Cargill Inc. among others.
In December 2017, Tate and Lyle have expanded its manufacturing capacity, and upgraded its processes, at its STA-LITE® Polydextrose facility in Nantong, Jiangsu Province, China. This expansion has increased the capacity at the facility in Nantong by more than three times from when it was acquired by Tate and Lyle in 2014.
North America dominated the Polydextrose Production Scenario Market in 2019 owing to the favourable regulations regulated by the U.S. and increasing health awareness. The Polydextrose Production Scenario Market scope for different regions will be provided in the final report.
Growing consumption of functional & nutritional foods and increasing demand for commercial beverages is likely to aid in the market growth of the Polydextrose Production Scenario Market.
Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Polydextrose Production Scenario Market report.
The availability of a large number of ingredients like gelatin and the presence of a large number of substitutes is poised to create hurdles for the Polydextrose Production Scenario Market.
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