Polydextrose Industry Analysis in Korea

Analytical Study of Polydextrose in Korea from 2023 to 2033

Consumption of polydextrose in Korea is estimated to exhibit a healthy CAGR of 7.6% through 2033. Sales of polydextrose in Korea are expected to jump from USD 10.34 million in 2023 to USD 21.59 million by 2033.

Attributes	Details
Industry Size of Polydextrose in Korea in 2023	USD 10.34 million
Expected Industry Size of Polydextrose in Korea by 2033	USD 21.59 million
Forecast CAGR between 2023 to 2033	7.6%

The polydextrose industry in Korea is anticipated to flourish due to various studies conducted to gain clarity about the beneficial effects of polydextrose on gut health. This is expected to boost its applications in the dietary supplements and food processing industry.

The growing focus on lower-risk raw materials to avoid any supply chain disruption in the future is bringing polydextrose into focus. Also, end users are developing polydextrose-based solutions for categories like confectionery, functional beverages, dairy, nutrition bars, etc. The expansion in these applications is projected to increase the industry growth of polydextrose in Korea.

Top Trends Raising the Sales of Polydextrose in Korea

• The remarkable versatility of polydextrose, owing to its tastelessness, is increasing its usage in the food processing industry. These factors have also been instrumental in the high uptake of polydextrose in animal feed, dietary supplements, and other applications.
• Consumers in Korea are inclined toward health-promoting food choices. This shift in patterns is lifting the sales of polydextrose as it is high in fiber and low in calories, thus elevating the nutritional content of any food product.
• The rising demand for functional food products owing to expanding awareness about prebiotics has also been a critical factor.
• Surging health concerns and the emerging trend of clean-label products are also positively influencing the sales of polydextrose.

Category-wise Insights

Powdered Polydextrose Holds Prominence in Korea

Leading Form	Powder
Value Share % (2023)	87.1%

Powder polydextrose is the top-performing segment that has a stake of 87.1% in the polydextrose industry in Korea in 2023. Powdered polydextrose is highly adaptable across diverse food applications, like baked goods, frozen desserts, confectionery, and beverages.

End users also choose powdered form over liquid due to its prolonged shelf life and cost-efficiency. However, polydextrose liquid is expected to gain a larger market share in the coming years, driven by its convenience of use.

Food Processing Industry Seizes a Significant Share of Polydextrose in Korea

Leading End Use Application	Food Processing Industry
Value Share % (2023)	73.8%

The food processing industry is the leading consumer of polydextrose in Korea. As per latest study conducted by our analysts, the segment contributed 73.8% value share in 2023. The emerging trend of clean-label food products is creating opportunities for the food processing industry, consequently driving the demand for polydextrose.

Consumers in Korea are conscious toward their health and seek healthy food options. This is promoting the sales of polydextrose as it is an effective substitute for fat and sugar in multiple food products. The increasing dissemination of information regarding polydextrose's health benefits, such as improved gut health, is further contributing to its growing utilization.

Food processing industry also uses polydextrose to elevate the texture of different food products. This leads to its deployment in sauces, puddings, frozen desserts, and other applications, adding a creamy texture to food items.

Key Tactics Employed by Manufacturers of Polydextrose in Korea

Key players offering polydextrose in Korea are focusing on establishing robust distribution networks and forming partnerships with leading distributors. This strategy enables broader product accessibility and reach, extending even beyond borders. Moreover, players are partnering and collaborating with other industry players, including technology providers, food manufacturers, and research institutions. This, in turn, creates expansion opportunities for polydextrose suppliers.

Leading players are further investing in research and development activities to drive innovations and product advancements. Additionally, competitors are strategically merging and acquiring smaller companies to obtain latest technologies, more access, and industry share. This empowers companies to achieve economies of scale and elevate overall competitiveness.

For deeper industry penetration, players are focusing on building consumer trust via adherence to regulatory standards and guidelines for food safety. Firms are thus actively involved in maintaining compliance with changing regulations. Furthermore, industry leaders are waking up to the growing importance of effective customer relationships to retain and attract more customers.

New Occurrences in the Field of Polydextrose in Korea

• In December 2023, Samyang banks on specialty and biotech ingredients as the world is dealing with supply chain challenges. Presently, the sugar prices are at a ten-year high. Thus, creating prospects for healthy sugar substitutes.
• In October 2022, Aji no Shinai Ame (tasteless candy), composed of organic sugar substitute erythritol and synthetic sugar substitute polydextrose, was made available at Lawson convenience store. The product is sold exclusively via Lawson convenience stores and offers a general absence of taste.

Detailed Profiles of Leading Players Providing Polydextrose in Korea

Company Name	Company Particulars
Dongwon F&B	Dongwon F&B resulted from the food division of Dongwon Industries. This spinoff company originated in November 2000 as a firm that specializes in food products. Dongwon F&B is based on corporate philosophy that healthy food is the best medicine. The firm is growing to become #1 in food culture field.
Kyowa Hakko Bio Co., Ltd.	It is an international ingredients manufacturer that provides health solutions. These solutions facilitate optimal health for increased quality of life.
Samyang Genex Co., Ltd.	Samyang Genex Co., Ltd. primarily manufactures starch-based products and corn sweeteners. The company headquarters are in Korea, and was incorporated in 1964. It commonly produces modified starch, sorbitol, maltitol, fructose, starch syrup, etc. These products find extensive use in varied industries like pharmaceutical, food, textile, and cosmetics. The company distributes its products under the brand name “Q1”.

Key Players Providing Polydextrose in Korea

• Dongwon F&B
• Kyowa Hakko Bio Co., Ltd.
• Samyang Genex Co., Ltd.
• CJ CheilJedang Corp.
• Wellcom Korea Co., Ltd.
• Others

Scope of Korea Polydextrose Industry Report

Attribute	Details
Estimated Industry Size of Polydextrose in Korea 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 Polydextrose in Korea	2018 to 2022
Demand Forecast for Polydextrose in Korea	2023 to 2033
By Form	Powder Form, Liquid Form
By End Use	Food Processing Industry (Bakery and Confectionery, Breakfast Cereals, Snacks and Bars, Dairy Products, Desserts and Ice Cream, Soups, Sauces, and Dressings, Spreads and Fillings, Beverages and Dairy Drinks), Dietary Supplements, Animal Feed and Pet Food, Others
Report Coverage	Industry Size, Industry Trends, Analysis of Key Factors Influencing Polydextrose Consumption in Korea, Insights on Korea Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Companies Profiled	Dongwon F&B; Kyowa Hakko Bio Co., Ltd.; Samyang Genex Co., Ltd.; CJ CheilJedang Corp.; Wellcom Korea Co., Ltd.; Others

Segments Covered in Korea Polydextrose Industry Analysis

By Form:

• Powder Form
• Liquid Form

By End Use:

• Food Processing Industry
  • Bakery and Confectionery
  • Breakfast Cereals
  • Snacks and Bars
  • Dairy Products
  • Desserts and Ice Cream
  • Soups, Sauces, and Dressings
  • Spreads and Fillings
  • Beverages and Dairy Drinks
• Dietary Supplements
• Animal Feed and Pet Food
• Others

By Province:

• South Gyeongsang
• North Jeolla
• South Jeolla
• Jeju

Frequently Asked Questions

At What Rate is the Polydextrose Industry Growing in Korea?

The anticipated CAGR through 2033 is 7.6%.

How Big will the Polydextrose Industry be in Korea?

Demand for polydextrose in Korea is expected to surpass USD 21.59 million by 2033.

What is the Key Strategy that Polydextrose Providers in Korea Adopting?

Mergers and acquisitions are expected to be an effective strategy for leading providers.

Which Form of Polydextrose is Highly Preferred in Korea?

Polydextrose in powdered form is highly favored in Korea.

Which End Use Application Takes Up a Significant Share?

The food processing industry significantly uses polydextrose.