Glucose Dextrose and Maltodextrin Market by Product (Glucose, Dextrose, Maltodextrin) by Application (Food and beverages, Pharmaceuticals, Personal care products, Paper and pulp) – Business Overview, Analysis and Industry Forecast 2017-2023

Global Glucose, Dextrose, and Maltodextrin Market was valued at USD XX Billion in the year 2017. Global Glucose, Dextrose, and Maltodextrin Market is further estimated to grow at a CAGR of XX% from 20112 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

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ADM (U.S), Ingredion (U.S), AGRANA (U.S) are the key players in this market.

Drivers:

• Rise in Demand for Beverages

Restraints:

• Growth in Demand for Gums as an Alternative to Glucose.

Opportunities:

• Wide Range of Untapped Applications

Challenges:

• Fluctuating Costs of Raw Materials

The Global Glucose, Dextrose, and Maltodextrin Market is divided as Product, Application, Form and Region. The food & beverages segment is projected to dominate the market through the forecast period. The growth of this market is proportionally dependent on the growth of the convenience food industry. Glucose in the food & beverage industry will witness an increasing trend during the forecast period owing to the rising consumer demand for convenience foods from regions such as North America, South America, Asia Pacific, the Middle East, and Africa. Moreover, rapid urbanization and the changes in consumer lifestyles are expected to fuel the demand for packaged foods, which will lead to higher demand for glucose, resulting in market growth.

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Dextrose is used as a sweetener and nutritional supplement in the production of various food products such as in candy & gums, creams, bakery products, jarred & canned foods, frozen dairy products, and cured meats. The market for maltodextrin is driven by the demand for low-calorie food items in the packaged food and bakery products industries. These factors drive the usage of glucose, dextrose, and maltodextrin in the food & beverages segment.

The glucose segment is estimated to dominate the glucose, dextrose, and maltodextrin market as glucose syrup is widely used in food & beverages, pharmaceutical, and personal care products. In the confectionery industry, it is used as a doctoring agent to prevent crystallization, imparting uniformity to the product. It also has a wide application range in bakery products. Liquid glucose is used in the production of cough syrups and antacid suspensions in the pharmaceuticals industry. In the personal care products industry glucose acts as a flavoring agent, humectant, and skin conditioning agent. The growth of these industries drives the market for glucose.

Key Benefits for Stakeholders

• Government and research organizations
• Associations and industrial bodies
• Raw material suppliers and distributors
• Beer and wine producers/processors
• Commercial research & development (R&D) institutions

By Product

• Glucose
• Dextrose
• Maltodextrin

By Application

• Food and beverages
• Pharmaceuticals
• Personal care products
• Paper and pulp
• Others

By Form

• Syrup
• Solid

By Region

• North America
• Europe
• Asia-Pacific
• RoW
• SGS

Key Market Players

• ADM
• Ingredion
• AGRANA
• Tate & Lyle
• Cargill
• ROQUETTE
• Grain Processing Corporation
• Avebe Group
• Tereos
• Global Sweeteners Holdings

(A brief overview of 10 companies is also provided)

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This release was published on openPR.