Throughout the first half of 2023, Maltodextrin prices closely mirrored the fluctuations in feedstock starch prices. However, starch faced a decline in the international market primarily due to increased grain and starch supplies, especially from Ukraine amid the ongoing conflict with Russia. The abundant product availability, coupled with reduced upstream costs, led to sluggish and low swinging price trends for Maltodextrin globally.
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Definition
Maltodextrin is a carbohydrate derived from starch, commonly corn, rice, or potato. It is a white powder with a neutral taste and easily soluble in water. Maltodextrin is widely used as a food additive to enhance texture, thickness, and flavor in various processed foods, beverages, and snacks. It also serves as a bulking agent, stabilizer, and thickener in food products and finds applications in the pharmaceutical and cosmetic industries.
Key Details About the Maltodextrin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Maltodextrin in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Maltodextrin Price chart, including India Maltodextrin price, USA Maltodextrin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Maltodextrin Price Trend:
Maltodextrin has crucial industrial applications in the food industry as a food additive, offering texture and thickness to processed foods and beverages. It acts as a bulking agent and stabilizer, ensuring product consistency. Furthermore, it finds use in pharmaceuticals as a capsule filler and in cosmetics as a stabilizer, showcasing its versatility in multiple industries.
Key Players:
- Roquette Frères SA
- Ingredion Incorporated
- Tereos Starch & Sweeteners
- Archer Daniels Midland Company (ADM)
- Tate & Lyle PLC
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