Glucose, Dextrose and Maltodextrin Market Size Estimated to Reach $51.89 Billion by 2025

Glucose, Dextrose and Maltodextrin Market size is estimated to reach $51.89 Billion by 2025, growing at a CAGR of 7.1% percentage during the forecast period 2020-2025. Glucose is the main type of sugar and is the major source of energy for the body cells. Dextrose is a simple sugar that is made from corn, honey and fruits. Maltodextrin is a polysaccharide that is used as a food additive. Rapid increase in the demand for convenience foods, increase in the demand for food and beverages, increase in the investment by the major companies, sedentary lifestyle and increase in the standard of living are the factors that are set to drive the growth of the global market for the forecast period 2020-2025.

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By Product Type- Segment Analysis

Based on the Product Type, the Glucose segment held the largest share in 2019 owing to its several applications such as it prevents sugar molecules from crystallization and has high water binding capacity. It is also used as volume enhancing agent, sweetener, texturant and is fermentable. Dextrose segment is estimated to be the fastest growing segment during the forecast period 2020-2025. The growth in this segment is owing to the several applications such as it is used to treat very low blood sugar, most often in people with diabetes mellitus and insulin shock. It is also widely used as nutrition supplement in food production.

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By Application- Segment Analysis

Based on the Application, the Food and Beverages segment held the largest share in 2019. This is owing to the factors such as increase in the inclination towards sedentary lifestyle, growing preference for convenience foods, and increase in the investment by the major companies. Personal Care segment is estimated to be the fastest growing segment owing to the factors such as increase in the disposable income of individuals, development of innovative products and increase in the demand for organic personal care products.

By Geography - Segment Analysis

Based on the Geography, North America held the largest share in 2019. The growth in this segment is owing to the factors such as sedentary lifestyle, growing inclination towards taste, increase in the preference for convenience foods and increase in the demand for food and beverages. Asia-Pacific is estimated to be the fastest growing segment owing to the factors such as increase in the disposable income of individuals, growing inclination towards western lifestyle, increase in the investment by the major companies in the developing nations and increase in the demand for low-calorie foods.

Drivers – Glucose, Dextrose and Maltodextrin Market

Rapid increase in the demand for food and beverages.

The increase in the demand for food and beverages owing to the factors such as increase in the preference for convenience foods, growing demand for maltodextrin and price effectiveness of glucose syrups led to rapid increase in the growth of Glucose, Dextrose and Maltodextrin Market. The increase in the disposable income of individuals is also estimated to enhance the growth of Glucose, Dextrose and Maltodextrin Market.

Increase in the research and development activities and increase in the investment by the major companies.

The increase in research and development activities owing to the factors such as growing awareness among consumers, increase in the demand for low-calorie foods and growing inclination towards taste is estimated to enhance the growth of Glucose, Dextrose and Maltodextrin Market. Increase in the investment by the major companies is also estimated to enhance the growth of the Glucose, Dextrose and Maltodextrin Market.

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Challenges – Glucose, Dextrose and Maltodextrin Market

Increase in the demand for gums as an alternative to glucose, dextrose and maltodextrin and the government regulations.

Increase in the demand for gums as an alternative to glucose, dextrose and maltodextrin is considered as one of the major factors, which is estimated to reduce the growth of the Glucose, Dextrose and Maltodextrin Market. The government regulations is also said to reduce the growth of the Glucose, Dextrose and Maltodextrin Market.

Glucose, Dextrose and Maltodextrin Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Glucose, Dextrose and Maltodextrin Market. Key companies of this market are AGRANA, Archer Daniels Midland (ADM), Cargill, Ingredion, Avebe Group, Gulshan Polyols, Grain Processing Corporation, Tate and Lyle, Fooding Group Limited, ROQUETTE among others.

Acquisitions/Product Launches:

In 2017, Archer Daniels Midland (ADM) has acquired Chamtor, a French producer of wheat-based sweeteners and starches to expand the glucose, dextrose and starch footprint and to ensure in meeting the growing customer needs.

In 2019, Tate and Lyle has expanded its non-GMO MALTOSWEET Maltodextrin production line, which is a nutritive corn-based sweetener made from non-GMO corn to meet the growing global demand for food grade.

Key Takeaways

Geographically, North America Glucose, Dextrose and Maltodextrin Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand.

The increase in the technology and increase in the disposable income of individuals is likely to aid in the market growth of Glucose, Dextrose and Maltodextrin Market.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Glucose, Dextrose and Maltodextrin Market report.

The increase in the research and development activities and increase in the demand for food and beverages are creating higher opportunities for the growth of market for the forecast period 2020-2025.

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