Product Code: ETC094003 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Dextrin Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.78% in 2025, the market peaks at 15.76% in 2027, and settles at 15.03% by 2029.
India dextrin market is projected to reach USD 122.3 million by 2025, registering a CAGR of 5.9%, during the forecast period. The major factors driving the growth include increasing demand from food and beverage industry, growing confectionary sector in India, rising adoption of maltodextrin as an alternative for sugar and other carbohydrates sources, and technological advancements in modified starch products.
Dextrins are widely used as an ingredient in several processed foods due to its ability to provide texture & flavor while also being cost effective which is one of the major factor boosting its demand from various end users such as food & beverage industry, confectionery manufacturing companies etc., across India. Moreover it has been observed that most of these products made using Dextrins can be stored without any refrigeration or freezing thus providing convenience in storage and transportation which further boosts its usage by consumer good manufacturers affecting positively on overall Dextrins market growth rate over said period.. Furthermore growing middle class population with increased spending power coupled with rise in awareness about importance of health among customers will result into higher consumption of nutritious products leading towards greater use of Dextrins over estimated timeline.
Despite having numerous advantages there exists certain challenges associated with utilization & production process related with usage if India dextrin???s some main obstacles faced by this industry include high operational costs i.e raw material prices along with energy costs involved during manufacturing process due which makes it difficult for small players operating within this sector resulting into higher pricing strategy adopted by them thus reducing their customer base significantly causing negative impact on entire revenue generated from sales related activities within said sector overtime.. Additionally lack od availability od resources required for production including starch sources such as corn , wheat or cassava may act as major hindrance towards achieving desired level output size hence acting negatively on overall profitability generated from operations carried out hereon making it difficult for new entrants willing to foray into this business segment.
Some prominent players currently dominating India dextrine market includes Nestle S A, Unilever Plc., Pepsi Co Inc., ITC Ltd., GSK Consumer Healthcare Limited etc.. All these companies have strong presence across country owning majority share in terms fo total volume sold thereby constituting large pie off total revenues collected annually through sale