Latin America Maltodextrin Market Growth, Share, Size, Price, Analysis, Industry Trends and Forecast 2020-2025 | Expert Market Research

Food & Beverages News

According to a new report by Expert Market Research titled, ‘Latin America Maltodextrin Market Report and Forecast 2020-2025’, the total Latin America maltodextrin production for the period 2017-2018 was approximately 105 million metric tons. With a 3% market share, the regional market added to the growth of the global market, which is projected to grow at a CAGR of 5% in the forecast period of 2020-2025, to attain 5 million metric tons in 2025.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/latam-maltodextrin-market/requestsample

The Latin America maltodextrin market is driven by its thriving beverage industry. The annual revenue of the Latin America and Caribbean beverage industry stands nearly at USD 17.7 million and represents 17.5% of the global beverage market. Rapid economic growth and improvements in Latin American countries will also aid the maltodextrin market in the region along with the simultaneous rise in the middle-class population. The Latin American GDP is projected to grow by 2.6% in 2020, more than the 2% growth rate expected this year. The expansion in these economies will also lead to the rise in the disposable incomes of the consumers. These developments will lead to a higher consumption of processed foods further propelling the maltodextrin market as the product finds extensive use in processed and instant foods like frozen foods, ready-to-eat products, and instant noodles, among others.

The rise in the middle-class population is also aiding the growth in the region’s cosmetics industry, a major end-use sector for maltodextrin after the food and beverage sector. Latin America comprised almost 11% of the global cosmetics industry in 2017, with Brazil, Colombia, and Chile being the significant beauty markets. Despite the recent economic slowdown, Brazil’s cosmetic industry has seen a robust growth and remains the leading market in the region. The beauty industry in the country accounts for nearly 1.8% of its GDP. Due to continuous product innovations and new launches, and the growing demand for biocosmetics, the maltodextrin market in this region is expected to see further growth due to the expansion of its application portfolio. Maltodextrin finds widespread use in the cosmetics sector in products like eyeliner, lipstick, lip liners, eyeshadow, mascara, moisturiser, and anti-ageing products, among others. It imparts various functional attributes and acts as an absorbent, binding agent, emulsion stabiliser, film-forming agent, and moisturiser in these products.

Read Full Report With Table Of Contents – https://www.expertmarketresearch.com/reports/latam-maltodextrin-market

Market Analysis by Applications:

  1. Food & Beverages
  2. Pharmaceutical
  3. Health & Personal Care
  4. Agriculture
  5. Others

Food and beverages, pharmaceutical, health and personal care, and agriculture are the major application sectors for maltodextrin.

Market Analysis by Regions:

  1. Brazil
  2. Argentina
  3. Colombia

Brazil, Argentina, and Colombia are the major regional markets in the Latin America maltodextrin market.

Market Analysis by Feedstock:

  1. Corn
  2. Cassava
  3. Wheat
  4. Potato

Corn, cassava, wheat and potato are the major maltodextrin feedstocks.

Competitive Landscape & Supplier Analysis:

  1. Cargill, Incorporated
  2. The Archer Daniels Midland Company (NYSE: ADM)
  3. Ingredion Incorporated (NYSE: INGR)
  4. Tereos S.A
  5. Roquette Frères
  6. Tate & Lyle PLC (LON: TATE)
  7. The Agrana Group (VIE: AGR)

Cargill, Incorporated, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Tereos S.A, Roquette Frères, Tate & Lyle PLC, and The Agrana Group are the key players in the Latin America maltodextrin market as identified by the Expert Market Research report. The report takes an in-depth look into their market share, production capabilities and latest developments like plant turnarounds, capacity expansions, and mergers and expansions.

Read More Reports:

https://www.expertmarketresearch.com/reports/asia-pacific-sorbitol-market
https://www.expertmarketresearch.com/reports/north-america-natural-sweeteners-market

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com/), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 138 Duane St, NY 10013
City: New York City
State: New York
Country: United States
Follow us on twitter: @expertmresearch
Website: https://www.expertmarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *