The polydextrose industry has good development prospects, but market entry is difficult

Polydextrose is a water-soluble dietary fiber made from a mixture of citric acid, glucose, sorbitol, etc. It is a special carbohydrate with low calorie and low glycemic index. It has a high cost performance and is currently mainly used in food, Beverage field. In addition, with the continuous development in recent years, domestic companies have developed tablets, capsules, granules and other health products based on polydextrose, which is conducive to the development of the polydextrose industry. Because polydextrose can prevent constipation and fat deposition, it is favored by the market and the industry has developed rapidly.

Polydextrose mainly comes in solid powder form and liquid form. The solid powder form has a long shelf life, is easy to store and transport, and is the main sales method. Liquid polydextrose has a relatively short shelf life and is mainly exported to countries with scarce water resources.

Globally in 2020, polydextrose was mainly used in dairy products and beverages, accounting for more than 50%, followed by baby food and health products, accounting for about 30%. In the domestic market, the application proportion of polydextrose in food and beverages accounts for about 80%, while the application proportion in the field of health products accounts for about 15%.

According to the analysis of market structure, the United States, China and Europe are currently the main consumer markets for polydextrose. The Chinese market is still in the development stage, while the European and American markets have entered a mature stage, with less room for future growth. Benefiting from the development of polydextrose in the Chinese market, the global polydextrose market has shown a growth trend. In 2019, the market size was approximately US$460 million.

As a kind of prebiotic, polydextrose has high health care functions. With the increase in the per capita income of residents in my country, the demand for healthy food has increased. The demand for functional foods in my country has continued to rise. The market demand for polydextrose has also shown a growth trend. From 2015 from 25,000 tons to 43,000 tons in 2019. Correspondingly, the domestic polydextrose market has also grown rapidly, from 340 million yuan in 2015 to 490 million yuan in 2019.

According to the “Polydextrose Industry In-depth Market Research and Investment Strategy Suggestions Report 2021-2025” released by the Industrial Research Center, in 2020 Affected by the epidemic, the polydextrose market size has dropped to about 410 million yuan. However, in the post-epidemic period, domestic residents have higher demand for functional foods, which has also promoted the rapid development of the polydextrose industry. It is expected that by 2025, my country’s polydextrose market size will be approximately 620 million yuan.

Polydextrose is a technology-intensive industry with high market concentration. Currently, the world’s main polydextrose manufacturers include Tate Lyle, Tate Lyle, Talijie, Minqiang Biotech, Bailong Chuangyuan, Baolingbao Biotech, etc., with production capacity mainly concentrated in China and the United States. my country is a major producer of polydextrose. The sales volume of TOP5 companies accounts for about 92%, and the production capacity is mainly concentrated in East China.

Industry analysts said that polydextrose, as a cost-effective dietary fiber, is often used as an additive in the beverage and food fields. Research on polydextrose continues to deepen. Polydextrose is very popular in the market as a health care product, and the industry has good development prospects. my country is a major producer of polydextrose and has a high market concentration. However, the polydextrose produced by domestic enterprises still has defects. The polydextrose produced has many by-products and poor taste. There is still a lot of room for improvement in the future.