Press release
Glucose, Dextrose, and Maltodextrin Market Analysis, Trends and Dynamic Demand by Forecast 2023 to 2032
Glucose, Dextrose, and Maltodextrin Market size was valued at US$ 51.36 Bn. in 2021 and the total revenue is expected to grow at 7% through 2021 to 2029, reaching nearly US$ 88.24 Bn.Growing demand for glucose, dextrose, and maltodextrin as an emulsifier, binder, sweetener, and thickening agent in food and drinks and convenience food is likely to drive the target market's growth over the forecast period. Furthermore, there is an increasing demand for dextrose and maltodextrin as sweeteners and nutritional supplements for low-calorie products such as pastries, creams, sweets, and gums. This is another aspect that is likely to boost the global glucose, dextrose, and maltodextrin market in the approaching years. Furthermore, increased demand for liquid glucose in pharmaceuticals for manufacturing of growing population, along with high spending capacity, cough syrup and antacid suspensions, and transforming lifestyle of people are some of the factors projected to drive the potential market in. forecast period.
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Carbohydrates include glucose. It is also known as sugar (monosaccharide), which is produced by algae and plants during the photosynthesis process. It is primarily employed in the production of cellulose in cell walls. Dextrose is a form of glucose derived from maize that is used as a sweetener in food as well as a treatment for low blood sugar and dehydration. Maltodextrin is a polymer produced by partial hydrolysis of starch and utilised as a food additive.
Glucose, Dextrose, and Maltodextrin Market Dynamics
Rise in demand for beverages
Sweeteners such as glucose and maltodextrin are widely utilised. The growth of the soft drink industry has boosted the demand for grain sweeteners. Soft drink consumption is quickly increasing in developing markets. Although fructose and glucose syrups can be used to sweeten juices and aerated drinks, saccharide sugar or low-calorie syrups are usually preferred. Furthermore, the demand for maltodextrin is predicted to rise in the next years because it is utilised as a filling agent and thickener in beverages, as well as a key component in sports drinks.
ncrease the demand in pharmaceutical sector
Pharmaceutical businesses are now selling medicines and supplements including glucose, dextrose, and maltodextrin, which are used to treat a variety of health problems such as sickness, accidents, and trauma. Even in the paper and pulp industry, glucose, dextrose, and maltodextrin have applications. These are some of the variables that are predicted to fuel market expansion.
Opportunities
Increase in R&D activities
Rising R&D activities in a variety of industries, including pharmaceuticals, food and beverage, and others, as well as a strategy to track the untapped market, are projected to open up new prospects for manufacturers in the glucose, dextrose, and maltodextrin markets.
Wide range of untapped applications
Increasing demand from the beverage industry, rising demand for convenience foods, and rising R&D activities due to their wide range of applications, including their use as binders, emulsifiers, sweeteners, and thickening agents, are expected to drive growth in the global glucose, dextrose, and maltodextrin market and provide additional opportunities for the market's growth rate.
Market Segmentation:
The glucose, dextrose, and maltodextrin market can be segmented based on the following categories:
Type:
a. Glucose
b. Dextrose
c. Maltodextrin
Source:
a. Corn
b. Wheat
c. Potato
d. Rice
e. Cassava
Application:
a. Food and Beverages
i. Bakery and Confectionery
ii. Dairy and Frozen Products
iii. Beverages
iv. Others
b. Pharmaceuticals
c. Personal Care and Cosmetics
d. Industrial Applications
i. Paper and Pulp
ii. Adhesives and Sealants
iii. Textile and Leather
iv. Others
Functionality:
a. Sweetener
b. Thickener
c. Binder
d. Others
Region:
a. North America
b. Europe
c. Asia Pacific
d. Latin America
e. Middle East and Africa
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These segments provide a comprehensive understanding of the glucose, dextrose, and maltodextrin market and can be used by industry players to identify potential opportunities and create effective strategies to target specific segments.
Competitive Landscape:
Some of the major players operating in the glucose, dextrose, and maltodextrin market are:
Archer Daniels Midland Company
Cargill, Inc.
Roquette Freres
Ingredion Incorporated
Tate & Lyle PLC
Grain Processing Corporation
Penford Corporation
Global Sweeteners Holdings Limited
Zhucheng Dongxiao Biotechnology Co., Ltd.
Gulshan Polyols Ltd.
These players are constantly involved in strategic initiatives, such as mergers and acquisitions, partnerships, collaborations, and product launches, to strengthen their market position and expand their geographical reach.
Why to buy this Report?
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
§ Business Model
§ Production Capacity, Revenue, Sales, Gross Margin
§ Key Business Strategy
§ SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
§ Company Share Analysis from 2018-2022
§ Company Analysis by Revenue and Sales
§ Company Production Capacity, Gross Margin
§ Company Share Analysis by Application/End Use
§ Company Share Analysis by Product/Specification
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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