Digestion Resistant Maltodextrin Industry Analysis in Korea

An In-depth Look at Sale of Digestion Resistant Maltodextrin in Korea from 2023 to 2033

Demand for digestion resistant maltodextrin in Korea is expected to reach USD 10.34 million in 2023, up from its 2022 valuation of USD 9.65 million. The demand for digestion resistant maltodextrin is expected to progress at a healthy pace from 2023 to 2033, registering a CAGR of 7.6%. By 2033, the sales of digestion resistant maltodextrin are expected to surpass USD 21.59 million in Korea.

Key Insights for Digestion Resistant Maltodextrin in Korea

• Digestion resistant maltodextrin's key quality is recognized to be its richness in dietary fiber. Combined with the product's low-calorie count, digestion resistant maltodextrin is emerging as a popular healthy food ingredient.
• As the demand for confectioneries and sweet products grows in Korea, manufacturers are on the lookout for bulking agents. Digestion resistant maltodextrin is one such product being used by manufacturers, employed for ice cream, jellies, and more treats.
• In addition to traditional food products, digestion resistant maltodextrin is also being used in supplementary and replacement food. Thus, the product is finding use in nutritional bars, dietary supplements, and more in Korea.

Attributes	Details
Industry Size for Korea in 2023	USD 10.34 million
Expected Industry Size for Korea by 2033	USD 21.59 million
Forecasted CAGR between 2023 to 2033	7.6%

Key Trends Shaping the Demand for Digestion Resistant Maltodextrin in Korea

• Consumption of maltodextrin in Korea is rising. As a result, there is a complementary increase in demand for digestion resistant maltodextrin, which is reputed to be even more nutritious.
• In Korea, trends of plant-based and organic foods are thriving. As a result, digestion resistant maltodextrin, which is plant-based, is expected to grow in popularity in the country.
• Digestion resistant maltodextrin is still viewed as a niche food ingredient in Korea. Thus, there is a lack of consumer awareness of the product. However, with scientific studies involving the product expounding on the benefits of the ingredient, there is expected to be growth in consumer knowledge.
• Nutraceutical consumption in Korea is growing. As digestion resistant maltodextrin becomes a common ingredient in nutraceuticals, the bulking agent is expected to thrive in Korea.
• Demand for plant-based food is driving the sale of corn-based ingredients in Korea. Thus, corn-based digestion resistant maltodextrin is coming to the fore as a major food ingredient in the country.

Category-wise Insights

Corn-based Digestion Resistant Maltodextrin Soaring in Korea Due to Widespread Acceptance of Corn as an Ingredient

Corn is the most popular base for digestion resistant maltodextrin in Korea. For 2023, corn-based digestion resistant maltodextrin is expected to account for 57.3% of the industry share.

Corn already has a prominent place in Korean cuisine. As the popularity of corn-based food increases worldwide, Korea is also witnessing significant trends in corn-based products. Thus, corn-based digestion resistant maltodextrin is dominant in Korea. Additionally, the simple and cost-effective extraction and storage process of corn are also contributing to the growth of the product in the country.

Demand for Digestion Resistant Maltodextrin in Korea Based on Source	Corn
Industry Share in 2023	57.3%

Spray-dried Powder is the Most Common Form of Digestion Resistant Maltodextrin

Digestion resistant maltodextrin is most commonly found in the form of spray-dried powder in Korea. For 2023, spray-dried powder is predicted to contribute to 63.5% of the industry share by form.

With the increasing use of digestion resistant maltodextrin in food items, manufacturers are looking to simplify the process of incorporating the ingredient into food. Spray-dried powder is a convenient method for producers to include the product in foods and beverages. Thus, spray-dried powder is triumphant as a form in Korea.

Demand for Digestion Resistant Maltodextrin in Korea Based on Form	Spray-Dried Powder
Industry Share in 2023	63.5%

Competitive Landscape

Korea is an emerging market for digestion resistant maltodextrin. As such, industry players are still exploring the potential of the product in the country. They are also aiming to address the lack of awareness among Koreans about the product. The health benefits of the product are highlighted on foods and beverages containing digestion resistant maltodextrin, while adhering to established government labeling guidelines.

Recent Developments Observed in Digestion Resistant Maltodextrin in Korea

• In July 2022, the local giant Samyang Corporation showcased various drinks, jams, and cereal bars in the United States as part of the International Food Technology Fair. Many of the products contained digestion resistant maltodextrin.
• In November 2021, the Korean Ministry of Food and Drug Safety (MFDS) revised rules for the labeling of products with digestion resistant maltodextrin. The rule aimed to clarify the recommended daily intake of the material.

Some of the Key Players Offering Digestion Resistant Maltodextrin in Korea

• Samyang Corporation
• VitaminHouse Inc.
• Fine Food Tech Co. Ltd.
• Day Well Jeu
• Amicogen
• DAESANG Co., Ltd.
• Global Food Korea Co. Ltd.

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	USD 10.34 million
Projected Industry Size by 2033	USD 21.59 million
Anticipated CAGR between 2023 to 2033	7.6% CAGR
Historical Analysis of Demand for Digestion Resistant Maltodextrin in Korea	2018 to 2022
Demand Forecast for Digestion Resistant Maltodextrin in Korea	2023 to 2033
Report Coverage	Industry Size, Industry Trends, Key Insights for Digestion Resistant Maltodextrin in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Companies Profiled	Samyang Corporation; VitaminHouse Inc.; Fine Food Tech Co. Ltd.; Day Well Jeu; Amicogen; DAESANG Co., Ltd.; Global Food Korea Co. Ltd.
Key Provinces Profiled	South Gyeongsang, North Jeolla, South Jeolla, Jeju

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
• 5. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Source
  • 5.1. Corn-based
  • 5.2. Wheat-based
  • 5.3. Potato-based
  • 5.4. Cassava-based
  • 5.5. Others
• 6. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form
  • 6.1. Spray-dried Powder
  • 6.2. Instantized/Agglomerated
• 7. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application
  • 7.1. Beverages
    • 7.1.1. Alcoholic Beverages
    • 7.1.2. Non-alcoholic Beverages
  • 7.2. Food
    • 7.2.1. Breakfast Cereals
    • 7.2.2. Dairy Products
    • 7.2.3. Instant Puddings
    • 7.2.4. Margarines and Butters
    • 7.2.5. Salad Dressings
    • 7.2.6. Sauces
    • 7.2.7. Snack Foods
    • 7.2.8. Others
  • 7.3. Nutraceuticals
• 8. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 8.1. South Gyeongsang
  • 8.2. North Jeolla
  • 8.3. South Jeolla
  • 8.4. Jeju
  • 8.5. Rest of Korea
• 9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 13. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. Market Structure Analysis
• 15. Competition Analysis
  • 15.1. Samyang Corporation
  • 15.2. Matsutani Chemical Industry Co., Ltd.
  • 15.3. Roquette Freres S.A.
  • 15.4. Ingredion Incorporated
  • 15.5. Tate & Lyle
  • 15.6. Grain Processing Corporation
  • 15.7. WGC Co., Ltd.
  • 15.8. Kraft Heinz Company
  • 15.9. Cargill Incorporated
  • 15.10. Archer Daniels Midland Company
  • 15.11. Baolingbao Biology Co. Ltd
• 16. Assumptions & Acronyms Used
• 17. Research Methodology