The global dextrose market is estimated at USD 5.9 billion in 2022; it is projected to grow at a CAGR of 7.8%.to reach USD 8.6 billion by 2027. Increased consumption of healthy foods and increased demand for ready-to-eat meals are driving market demand. Continuous growth in demand for low-calorie food products, expanded antacid suspension manufacturing in the pharmaceutical industry, and rising demand from the personal care industries are expected to boost the global market.
Dextrose Market Key Insight:
The dextrose market is expected to witness significant growth in the coming years. Dextrose is a simple sugar that is commonly used in food and beverage products as a sweetener, as well as in pharmaceuticals as an intravenous nutrient.
One of the key drivers of the dextrose market is the increasing demand for processed and convenience foods. As consumers become more health-conscious, they are seeking out products with natural sweeteners like dextrose instead of artificial sweeteners.
Another factor driving the growth of the dextrose market is the growing demand for intravenous nutrient solutions in the healthcare industry. Dextrose is often used in these solutions as a source of energy for patients who are unable to consume food orally.
The Asia-Pacific region is expected to be the fastest-growing market for dextrose, due to the growing demand for processed foods and the increasing healthcare expenditure in countries like China and India.
Opportunity: Potential alternative sources of dextrose
Corn and wheat have been the major sources of starch for various food and industrial applications. Initially, the abundant supply of these agriculturally has negated the requirement to develop any alternate sources. However, the US ethanol policy and the growing demand for wheat as a raw material for biofuel generation in European countries have indirectly posed problems for the dextrose market. The availability of corn primarily exported by the US, and wheat, Europe’s prime starch commodity, is expected to decrease owing to the ethanol policies in these regions. This, coupled with the increasing demand for dextrose across various sectors, necessitates the need to tap other sources of starch.
Cassava is one of the sources which has already been addressed. Although it has been in the market for some time and has been extensively introduced into the industry, the full potential is yet to be tapped. Some of the other untapped sources of dextrose are rice, yam, and tubers, which are abundantly found in Asia, Africa, South America, and Oceania. Bean starch is an example of an untapped source for food applications, which needs focus and presents an opportunity for innovation in the dextrose industry. Bean starch, if modified, may help improve the quality of fresh, gluten-free bread. It has been known to boost its elasticity, potentially offering better texture in the final loaf. Such findings could lead to enhanced products for the already blossoming gluten-free food market.
Key Players:
The key players in this include Cargill Incorporated (US), ADM (US), Ingredion (US), Agrana (Austria), Tate & Lyle (UK), Roquette Frères (France), Avebe Group (The Netherlands), Tereos (France), Gulshan Polyols Ltd (India), Belgosuc NV (Belgium), Fooding Group Limited (China), Foodchem International Corporation (China), Grain Processing Corporation (US), Uniglad Ingredients UK Ltd (UK), Now Foods (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the dextrose monohydrate market include Archer Daniel Midland, Avebe, Cargill, Incorporated, Feitian, Foodchem International, Ingredion, Roquette Freres, Tate and Lyle, Tereos Group, Xiwang Group.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Dextrose Monohydrate Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/dextrose-monohydrate-market/download-sampleMarket DynamicsRising incidences of dehydration due to diarrhoeal diseases worldwide drive the demand for dextrose monohydrate.
Diarrheal diseases are one of the leading death cause globally, with the rural population contributing majorly.
According to World Health Organization, globally, nearly 1.7 billion cases of childhood diarrhoeal disease are reported every year.
Recent efforts to bring awareness and promote ORS use for diarrhea treatment in some countries contribute to the substantial progress of the global dextrose monohydrate market.
