The Latin America maltodextrin market attained a volume of 0.17 Million Tons as of 2024 and is anticipated to grow at a CAGR of 4.70% during the forecast period of 2025 to 2034. Growing demand for maltodextrin in Latin America's dairy alternatives market, which is being driven by lactose intolerance and veganism, is fueling growth. Companies are thus formulating plant-based products to cater to evolving consumer eating patterns. The market is thus expected to reach a volume of nearly 0.27 Million Tons by 2034.
According to The Observatory of Economic Complexity (OEC), Brazil is the most significant player in Latin America for the malt market and in 2023, it became the largest global importer of malt at USD 864 million. This highlights how much Brazil is reliant on malt to support its brewing and food industries. The companies have taken advantage of the demand for malt by establishing local manufacturing, consolidating distribution channels, and creating strategic partnerships with food and drink companies. By simplifying supply chains and offering specialty maltodextrins, market leaders in malt have maximized profitability while increasing their overall market share in the region.
Another trend is the increasing demand for maltodextrin in sports nutrition and functional drinks, where it acts as a quick energy source and stabilizer. With increasing health trends and fit consumers, maltodextrin is being introduced by brands into energy gels, protein powder, and electrolyte beverages. For instance, leading beverage companies in Brazil and Mexico are creating maltodextrin-based rehydration solutions to address the increased demand for performance-enhancing beverages.
According to the Latin American maltodextrin industry analysis, the "others" in the end-use category includes industrial fermentation and chemical processing, where maltodextrin can function as a stabilizer or carrier for active compounds. The industry can use local manufacturing, sustainable sourcing, and R&D innovation to respond to the growing demand in these categories. As industries transition toward cost-effective, multi-functional and clean-label offers, maltodextrin's functionality will continue to fuel its growth in Latin American markets.
Tereos S.A.
Tereos S.A., established in 1932 and headquartered in Moussy-le-Vieux, France, provides maltodextrin solutions in Latin America for food and beverage applications. Their ingredients provide stability, texture improvement, and controlled sweetness for use in nutrition and industrial applications.
Other key players in the Latin America maltodextrin market report include Roquette Frères, Tate & Lyle PLC, and AGRANA Beteiligungs-AG, among others.
Latin America Maltodextrin Market Growth
The Latin American maltodextrin market is experiencing strong growth owing to the increasing demand for functional food ingredients and expanding uses in the pharmaceutical sector. The increased health-aware consumer base is driving the application of maltodextrin in clean-label and low-calorie foods, including dairy, confectionery, and beverages. As customers call for plant-based and natural alternatives, players like Ingredion and Cargill have been able to bring in organic and non-GMO maltodextrin to address shifting demand. In addition, the rise of the pharma industry within the region is also fueling demand for maltodextrin as an excipient in drugs owing to its stabilizing and binding capabilities, thus boosting the growth of Latin America maltodextrin market.According to The Observatory of Economic Complexity (OEC), Brazil is the most significant player in Latin America for the malt market and in 2023, it became the largest global importer of malt at USD 864 million. This highlights how much Brazil is reliant on malt to support its brewing and food industries. The companies have taken advantage of the demand for malt by establishing local manufacturing, consolidating distribution channels, and creating strategic partnerships with food and drink companies. By simplifying supply chains and offering specialty maltodextrins, market leaders in malt have maximized profitability while increasing their overall market share in the region.
Key Trends and Recent Developments
Factors such as sustainability, pharmaceuticals, infant nutrition, cosmetics, and sports nutrition, alongside advanced production technologies that foster innovation, form the core functionality that shapes the Latin America maltodextrin market dynamics and trends.October 2024
A Venezuelan beverage company, Malta 58 CCS was created by Alejandro Álvarez and Elimar Coll in Argentina, which sells a value-sustainable traditional malt drink inspired by Venezuelan flavors. Currently the malt drink served in powder or 250 mL bottles can be sourced by customers in Argentina and Chile, reaching new customers monthly.May 2024
Latin America’s maltodextrin market expanded with sustainability, pharmaceuticals, sports nutrition, and cosmetics. Advanced production, local sourcing, and specialty formulations drove growth, while major players innovated in clean-label, organic, and functional ingredient solutions for diverse industry applications.May 2022
Ambev, AB InBev’s Brazilian unit, developed a ready-to-eat, malt-based beverage to support nutrition in vulnerable communities. Rich in essential nutrients, the product utilizes malt’s energy-providing properties, reinforcing Ambev’s commitment to social responsibility and food security initiatives.October 2021
Cargill launched SimPure soluble rice flour, a clean-label maltodextrin substitute with similar functionality. Unveiled at SupplySide West, it enhances mouthfeel and meets consumer demand for natural ingredients, appearing on labels as “soluble rice flour” for transparency.Expansion in Pharmaceutical Applications
Maltodextrin finds use in a growing number of drug formulations as a binder and stabilizer. As the pharmaceutical industry in Latin America continues to grow, companies such as Cargill are improving excipient-grade maltodextrin to pass rigorous regulatory requirements, providing improved drug stability and bioavailability in tablets, syrups, and powders, thus pushing the growth of the Latin America maltodextrin market.Rise in Infant Nutrition
The use of maltodextrin for infant formula is increasing since it is easily digested and possesses energy-providing characteristics. Ingredion and Tereos are producing special formulations designed to meet the nutritional needs of infants, promising lactose-free and hypoallergenic compositions, especially for regions such as Argentina and Chile, where health consciousness among infants is increasing.Growth in Personal Care and Cosmetics
Maltodextrin is emerging in the fields of skincare, haircare, and cosmetics with its moisturizing and stabilizing attributes. Maltodextrin is being added to anti-aging serums and creams by Mexican and Brazilian beauty brands as they look to capitalize on its natural nature in order to fulfill the desire for clean and green beauty options, thereby helping to create new trends in the Latin America maltodextrin market.Technological Advancements in Production
Manufacturers are embracing superior enzymatic hydrolysis and greener processing technologies to enhance the quality of maltodextrin. Archer Daniels Midland and Cargill are enhancing productivity, lessening environmental footprints, and creating more product uniformity, placing high-performance maltodextrin within easier reach of Latin American food, pharma, and industrial industries.Latin America Maltodextrin Market Trends
The Latin American market for maltodextrin is experiencing growth in demand for organic and sustainable maltodextrin due to rising consumer consciousness regarding clean-label and eco-friendly ingredients. Archer Daniels Midland and Ingredion are among the companies investing in plant-based, non-GMO, and organic maltodextrin to address this trend, particularly in the food and beverage industry, thus shaping new trends in the Latin America maltodextrin market.Another trend is the increasing demand for maltodextrin in sports nutrition and functional drinks, where it acts as a quick energy source and stabilizer. With increasing health trends and fit consumers, maltodextrin is being introduced by brands into energy gels, protein powder, and electrolyte beverages. For instance, leading beverage companies in Brazil and Mexico are creating maltodextrin-based rehydration solutions to address the increased demand for performance-enhancing beverages.
Latin America Maltodextrin Industry Segmentation
The report titled “Latin America Maltodextrin Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Application
- Food and Beverage
- Pharmaceutical
- Health and Personal care
- Agriculture
- Others
Market Breakup by Countries
- Brazil
- Argentina
- Colombia
Latin America Maltodextrin Market Share
The Latin American market for maltodextrin is experiencing rapid growth in various applications due to evolving consumer preferences and technological advancements. In the food and beverage sector, maltodextrin is being utilized as a functional ingredient more and more to improve the texture, mouthfeel, and stability of food products like dairy, confectionery, and sports nutrition. According to the Latin American maltodextrin market analysis, the growing interest in clean-label, low-calorie, and plant-based products is also driving its use. Furthermore, the pharmaceutical sector utilizes maltodextrin as an excipient in tablets where binding and drug release is a priority due to quality and regulatory considerations. Pharmaceutical manufacturers also look for non-GMO, high-purity, and hypoallergenic maltodextrin sources. The personal care and health sectors are also seeing wider usage in cosmetic and skin care applications due to maltodextrin's water-holding and stabilizing capabilities, as consumer interest in natural and skin-friendly ingredients increases. Additionally, maltodextrin is being used in clip biopesticides and fertilizers to improve performance, and to help promote more sustainable and environmentally friendly agricultural practices.According to the Latin American maltodextrin industry analysis, the "others" in the end-use category includes industrial fermentation and chemical processing, where maltodextrin can function as a stabilizer or carrier for active compounds. The industry can use local manufacturing, sustainable sourcing, and R&D innovation to respond to the growing demand in these categories. As industries transition toward cost-effective, multi-functional and clean-label offers, maltodextrin's functionality will continue to fuel its growth in Latin American markets.
Competitive Landscape
Key Latin America maltodextrin market players position themselves by being innovative, sustainable, and creating customized choices. For instance, Cargill has demonstrated a focus on producing clean-label, and functional ingredients to satisfy health-conscious consumers. Archer Daniels Midland is committed to finding organic and non-GMO solutions for its customers and promises to offer a quality sourced product that is traceable. Ingredion is focused on developing highly functional and advanced formulation solutions to improve texture, calorie management, and improve viscosity wherever possible. Some of the other Latin America maltodextrin companies active in the region like Tereos highlight long standing experience working with plant-based solutions, having decades of experience and providing stable, low-cost maltodextrin solutions fit for a variety of applications. These companies are successful through establishing local manufacturing, strategic partnerships, and looking to high-quality R&D as a point of emphasis to support establishing great product capabilities.Cargill, Incorporated
Cargill, Incorporated, founded in 1865 and based in Minnesota, United States, supplies maltodextrin in Latin America for food, beverage, and pharmaceutical uses. Their world-class solutions ensure great solubility, pure taste, and dextrose equivalency control to suit various industry requirements.Archer Daniels Midland Company
Archer Daniels Midland Company, established in 1902 and headquartered in Chicago, United States, distributes maltodextrin in Latin America with emphasis on clean-label, non-GMO, and organic solutions. Its products add texture, bulking, and energy to food, beverage, and nutrition applications.Ingredion Incorporated
Ingredion Incorporated, which was founded in 1906 and has headquarters in Illinois, United States, supplies maltodextrin in Latin America to be applied in dairy, confectionery, beverages, and sauces. Its innovative formulations provide calorie reduction, enhanced mouthfeel, and managed viscosity in diverse food applications.Tereos S.A.
Tereos S.A., established in 1932 and headquartered in Moussy-le-Vieux, France, provides maltodextrin solutions in Latin America for food and beverage applications. Their ingredients provide stability, texture improvement, and controlled sweetness for use in nutrition and industrial applications.
Other key players in the Latin America maltodextrin market report include Roquette Frères, Tate & Lyle PLC, and AGRANA Beteiligungs-AG, among others.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market12 Value Chain Analysis
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Maltodextrin Market Overview
9 Latin America Maltodextrin Market Analysis
10 Regional Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Latin America Maltodextrin market report include:- Cargill, Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Roquette Frères S.A.
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value in 2025 | 0.17 Million Tons |
| Forecasted Market Value by 2034 | 0.27 Million Tons |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Latin America |
| No. of Companies Mentioned | 7 |
