Polydextrose Market - Growth, Trends, and Forecasts (2020-2025)
|出版商||Mordor Intelligence LLP||商品編碼||704817|
|出版日期||內容資訊||英文 80 Pages
|全球聚葡萄糖市場:成長，趨勢，預測(2018年∼2023年) Polydextrose Market - Growth, Trends, and Forecasts (2020-2025)|
|出版日期: 2020年05月01日||內容資訊: 英文 80 Pages||
The global polydextrose market is projected to record a CAGR of 5.4% during the forecast period, 2020-2025.
Shift Towards Low-Calorie Dietary Trends
Globally, consumers are becoming more concerned about the food and beverages they consume. In fact, over 50% of consumers are trying to avoid sugars and a large portion of consumers are looking to add more fiber to their diet. By adding polydextrose in their food and beverage products, food and beverage manufacturers are meeting emerging consumer demands as it provides the mouthfeel and texture of sugar, making it an ideal alternative in products that offer reduced sugar and calories. Thus, the market share for reduced sugar food and beverages is rising rapidly in developed markets, such as Italy, in turn, driving the market for ingredients, such as polydextrose that replace sugars in foods and beverages.
North America Emerged as A Leading Region
North America held the largest market share in the global polydextrose market in 2019 and is anticipated to grow at a significant rate over the forecast period due to favorable regulations implemented by the U.S. FDA. Further, the demand for polydextrose is projected to be the highest in the Asia-Pacific countries, like India and China, during the forecast period, owing to the developments in functional food products and rising health concerns in this region.
Companies are observed to engage in agreements with food and beverage manufacturers to expand their market share. Further, extensive marketing of polydextrose by placing significant emphasis on its properties and utilization is expected to increase the awareness about the product, thereby, driving its demand in the future. In December 2017, Tate & Lyle 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 & Lyle in 2014.