Product Code: ETC094007 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Dextrin Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 7.26% in 2025 and reaches 9.78% by 2029.
The Dextrin market in Indonesia is projected to grow at a growing growth rate of 8.46% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia Dextrin Market has been growing rapidly over the past few years. This can be attributed to the increasing demand for dextrins from various industries such as food, pharmaceuticals and cosmetics. Additionally, strengthening economic conditions in Indonesia have led to increased consumption of products containing dextrin. As a result, the market is expected to expand significantly during the forecast period (2025-2031).
The trend of using dextrin in food applications is gaining traction in Indonesia due to its ability to enhance product quality by providing stability and texture while improving flavor and taste. The rising awareness about health benefits associated with natural ingredients among consumers is also driving growth in this sector. In addition, increasing investment by manufacturers towards R&D activities for developing cost-efficient production processes are likely to further boost market growth in coming years.
The major factors driving the growth of the Indonesia Dextrin Market include rising demand from food industry owing to its application as a thickener or stabilizer; increasing use of cornstarch & tapioca flour which are used as raw materials for producing starch derivatives; development of innovative products with improved functional properties; and expansion of FMCG industry along with changing lifestyle preferences resulting into high purchasing power among people living in Indonesia. Moreover, stringent regulations imposed on conventional preservatives coupled with growing preference towards natural sweeteners are creating huge opportunities for players operating across this region during 2025-2031 time frame.
The outbreak of COVID-19 had an adverse impact on Indonesia Dextrin Market due to disruption caused throughout supply chains leading towards lower production rates & delayed shipments across different regions.Moreover ,impact upon retail sector resulted into reduced end user demand hence hampering overall market revenue generation.However ,as countries gradually come out from lockdowns ;market is anticipated to witness resurgence soon after second quarter 2025 amid efforts taken by respective governments worldwide.
Some major challenges faced by players operating within this market include volatile prices & availability issues related with raw materials like cornstarch & tapioca flour thus affecting final pricing structure at times besides presence low quality substitutes available at cheaper rate thereby cutting down potential profits margins amongst others.In addition ,high import duties along with strict compliance policies pertaining regulations may serve as hindrance against new entrants looking forward enter Indonesia Dextrin Market.
FMC Corporation, DowDuPont Incorporated, PT Sarimelati Kencana (Indofood), PT Sari Husada