Press release
Dextrose, Maltodextrin And Glucose Market Size, Key Opportunities, Strategic Assessment Forecast To 2021
Precision Business Insights published a research report on "Dextrose, Maltodextrin and Glucose Market: By type (Maltodextrin, Glucose, Dextrose) by application (Confectionary and Bakery, Alcoholic and Non-alcoholic Beverages, Soft Drinks, Processed Food, Canned Juices) Geography- Global/Region/Country Forecast to 2027”.The global dextrose, maltodextrin and glucose Market was valued USD 32.6 billion in the year 2020 and anticipated to value at USD 51.67 billion till 2027 witnessing a CAGR rate of 6.8% during the forecast period 2021-2027.
Increasing Diabetic Cases is Fuelling Dextrose, Maltodextrin and Glucose Market
Dextrose, Maltodextrin and Glucose substances have a huge array of applications to provide in different industries such as pharmaceuticals, paper and pulp industries, food and beverage industries and cosmeceuticals. These work as sweeteners and reused in the fat-free and end products as alternatives for the sugar. There are some factors that positively impact the market growth such as increasing diabetic cases, huge investments in research and development activities, huge usage of sugar alternatives, increasing economic condition of the customers and growing disposable profit. In addition, increasing consumption of canned juices and growing inclination towards eating packaged and convenience foods are anticipated to impel Dextrose, Maltodextrin and Glucose market growth. But, the availability of alternatives for both gumming agents and sweeteners other than dextrin, Maltodextrin and glucose is the chief challenge for this market. The Dextrose, Maltodextrin and Glucose Market is segmented according to region, product and application.
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Europe is leading the Dextrose, Maltodextrin and Glucose Market
On the basis of regional analysis, Dextrose, Maltodextrin and Glucose market is categorized into major regions such as Latin America, Asia Pacific, Africa, North America and Europe. Europe is leading the market because of the growing demand for bakery and confectionary products from major economies of Europe region such as Greece, Norway, Denmark, Switzerland, Finland and Germany. There are several factors that are driving the North America market such as high consumption of beverages, growing demand for processed food and increase in preference towards having ready to eat food items in the region. Asia pacific market is expected to experience considerable growth rate due to the increase in consumption of aerated and non-aerated drinks, high influence of western culture on people living in developing countries, growing economic conditions of developing countries and rising living standards of people.
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Competitive Analysis
A few of the leading players operating in Dextrose, Maltodextrin and Glucose Market include Ingredion Inc. (U.S.), Tate & Lyle PLC (U.K.), Archer Daniels Midland Company(U.S.), Cargill Inc (U.S.), Penford Corporation (U.S.), Grain Processing Corporation (U.S.), Emsland-Stirke GmbH (Germany), AVEBE U.A. (The Netherlands) and Roquette Frères (France). Ingredion Inc. introduced low sugar glucose syrups, VERSASWEET in US and Canada in the year 2017. Leading industries operating in the market are focusing more on increasing their product portfolio and expanding their profit share by mergers and acquisitions. These players also focus on maximizing their sales by reaching our potent consumers.
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