India: Maltodextrine Market 2025

Maltodextrine Market Size in India

After three years of growth, the Indian maltodextrine market decreased by -5% to $X in 2021. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Maltodextrine consumption peaked at $X in 2020, and then shrank in the following year.

Maltodextrine Production in India

In value terms, maltodextrine production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 22% against the previous year. Maltodextrine production peaked at $X in 2020, and then dropped in the following year.

Maltodextrine Exports

Exports from India

In 2021, approx. X tons of maltodextrine and maltodextine syrup were exported from India; picking up by 64% on 2020 figures. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2018 with an increase of 67%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, maltodextrine exports surged to $X in 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 57%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X tons), Thailand (X tons) and Nepal (X tons) were the main destinations of maltodextrine exports from India, with a combined 50% share of total exports. The United States, Indonesia, Malaysia, South Africa, the United Arab Emirates, Nigeria, Canada, Iraq, Bangladesh and Israel lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +223.8%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the United States ($X) and Thailand ($X) constituted the largest markets for maltodextrine exported from India worldwide, together accounting for 43% of total exports. Nepal, Indonesia, Canada, Malaysia, South Africa, Nigeria, the United Arab Emirates, Bangladesh, Israel and Iraq lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Indonesia, with a CAGR of +194.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average maltodextrine export price stood at $X per ton in 2021, waning by -18.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Maltodextrine Imports

Imports into India

In 2021, after two years of growth, there was significant decline in purchases abroad of maltodextrine and maltodextine syrup, when their volume decreased by -28.9% to X tons. Overall, imports, however, saw strong growth. The pace of growth was the most pronounced in 2015 with an increase of 81% against the previous year. Imports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, maltodextrine imports reduced to $X in 2021. In general, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 72% against the previous year. Imports peaked at $X in 2020, and then shrank in the following year.

Imports by Country

The United States (X tons), Turkey (X tons) and Singapore (X tons) were the main suppliers of maltodextrine imports to India, with a combined 53% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +166.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of maltodextrine and maltodextine syrup to India, comprising 30% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Turkey, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.2% per year) and Turkey (+40.4% per year).

Import Prices by Country

The average maltodextrine import price stood at $X per ton in 2021, picking up by 32% against the previous year. In general, the import price, however, recorded a mild descent. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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