The global tapioca maltodextrin sales are estimated to reach approximately USD 620.1 million by the end of 2024. Forecasts suggest the industry will achieve a 7.8% compound annual growth rate and exceed USD 1,314.2 million in value by 2034.
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The industry for tapioca maltodextrin has been growing exponentially, owing to its exceptional characteristics as an ingredient. It is important in food and beverages because it is a stabilizer, thickener, and flavor and color carrier. Its neutral flavor and good solubility allow it to improve the texture and mouthfeel of products without changing their taste, which is advantageous for manufacturers who want to protect the taste of their products.
In addition, health-conscious consumers have increased their craving for clean-label ingredients. Derived from cassava roots, tapioca maltodextrin is viewed as being natural and non-GMO compared to other maltodextrins that are obtained from sources such as corn or wheat. This is in line with the increasing movement toward food labeling that is clear and easy to understand and the inclination towards the use of ingredients that are healthy and sustainable.
Maltodextrin is becoming popular among sports professionals and athletes as a source of energy due to its quick digestibility fast supply of energy and increased bulking features. This has resulted in its increased use in energy gels, protein powders, and meal replacement shakes, as it quickly replenishes the glycogen stores of the person and can support better recovery and performance.
For example, Cargill and Ingredion Incorporated have launched more products aiming at the markets' needs, as tapioca-based maltodextrin has gained more popularity, Cargill has decided to expand its product line of high-quality maltodextrin which can be supplied around the globe, while its competitor Ingredion focuses on the clean-label and gluten-free category by offering a selection of products based on tapioca.