Yellow and White Dextrins Market Size, Share, Growth and Industry Analysis by Type (White Dextrin, And, Yellow Dextrin) By Application (Adhesive Industries, Foundries, Textile Industries, And, Others), Regional Forecast To 2031

Updated On: 08 April 2024

Yellow and White Dextrins Market REPORT OVERVIEW

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The global yellow and white dextrins market size is anticipated to be worth USD 102.3 million in 2022. As per our research, the market is projected to touch USD 134.69 million by 2031 with a CAGR of 3.1% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Yellow and white dextrins are mainly used for making food crispy. They have a lot of applications in food industry. Apart from being useful in the food industry they are also prominently used as coatings in the textile industry. They are very widely used and have a lot of demand in the market during the recent years.

Many new discoveries are being done in this industry. All the new developments have paved the path for the market growth. One such new discovery that can be witnessed in the yellow and white dextrin market is the production of netter quality products. The newly produced products are of better quality and are prone to be more effective. This has been identified as the new trend. These are the major factors driving the market growth.

COVID-19 impact:  Plant Shutdowns in Key Industrial Regions Reduced Market Growth

The COVID-19 pandemic caused a disruption in all the industries and markets throughout the world. It forced all the countries to impose lockdowns and social distancing norms. Due to this there was a steep decline in the global economic curve. The yellow and white dextrins industry was not an exception and experienced a huge loss during the pandemic period.

There was a massive disruption in the demand-supply chain and equilibrium across all industries, especially in the chemical industry which brought down the yellow and white dextrins market share. Another major reason was the shutdown of the plants and factories in key production regions such as Asia, North America and Europe in the later quarter of 2020 that reduced the scale of production in the market. The increase in the price of raw materials, non-availability of skilled workers were also some reasons that led to the fall of market share during the pandemic.

LATEST TRENDS

"High Quality Production of Product to Increase the Market Growth"

New developments and discoveries are being done everyday in all the fields, especially in the field of science, drugs, and, medications. These discoveries have helped the market grow. One such new discovery that can be witnessed in this market is the production of high-quality yellow and white dextrins.

The newly produced products are of better quality and are prone to be more effective. Improved methods are also being found out in the industry that enable the production of higher quantities of this yellow and white dextrin. Greater production leads to higher sales which in return increases the market growth. These have been some of the latest trends in the market.

Yellow and White Dextrins Market Segmentation

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• By Type

The market can be divided on the basis of type into the following segments.

White dextrin, and, yellow dextrin. The White dextrin that is expected to lead the market during the forecast period.

• By Application

Classification based on application is as follows:

Adhesive industries, foundries, textile industries, and, others. The adhesive industries segment is expected to lead the market during the forecast period.

DRIVING FACTORS

"Several Health Benefits to Drive Market Growth"

Yellow and white dextrins have a lot of health benefits. These products are very useful for improving our health. This factor has propelled the market growth in the recent times.

It is very helpful in maintaining healthy intestinal flora. They also create a balance by maintaining the cholesterol levels. They act as cleansing agents. Apart from this they also maintain the blood sugar level and also look after heart health. This factor has driven the yellow and white dextrins market growth.

"Growing Adoption in Pharmaceutical Industry to Amplify Market Growth"

Apart from being a part of the food industry these products also form a part of the pharmaceutical industry. This has created a lot of demand for this product all over the world.

Dextrin when used along with various dietary fibers can be used for reducing the glycemic load from a meal that contains a lot of carbohydrates.  This has driven the usage of this product leading to yellow and white dextrins market growth in the recent years.

RESTRAINING FACTOR

"High Production Cost to Impede Market Growth"

The high production cost of this product is one such restraining factor that can drastically decrease the market growth. Even though the product is not very costly the procedure of manufacturing this product can sometimes be very high.

This can drastically reduce the scale of production. Reduction in the scale of production can also directly affect the sales in the market. This can act as a major factor restraining the market growth.

Yellow and White Dextrins Market Regional Insights

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"Rising Investment and Manufacturing Capacity to Foster Growth in North America "

The region that is seen dominating the market is North America. Asia Pacific is the region that occupies the next position in the market share. Asia Pacific and North America are the major markets with high revenue returns. Many favorable factors have led to the growth of the market in North America.

Some of them include the high manufacturing capacity and huge investments that are coming in from the key players of the market. The availability of resources, raw materials and men force are some of the other notable factors that have contributed to the market growth in the past few years. Adoption of innovative products and also the support provided by the government for the manufacturing process have propelled the market growth in North America.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Avebe (Netherlands)
• LYCKEBY AMYLEX (Cezh Republic)
• Emsland Group (U.S.)
• Sudstarke (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations.