Press release
Global Dextrose Injection Market Size, By Segmentations, Growth, Market Drivers, Key Players, Trends & Forecast 2023-2032
Global Dextrose Injection MarketThe global Dextrose Injection market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2032, witnessing a CAGR of % during the forecast period 2023-2032.
Dextrose is also called as glucose as they are chemically identical. It plays a vital role in providing energy to body cells. Dextrose Injection is a non-pyrogenic and sterile solution for caloric supply and fluid replenishment by a single dose. Route of administration of dextrose injection is intravenous i.e. into the vein. Dosage of dextrose injection depends upon weight, age, and clinical condition of the patient. Dextrose 5% in water is injected into the vein to replace lost fluids and also provide carbohydrates to the body. Dextrose 5% in water is also used to treat hypoglycemia (low blood sugar), insulin shock and dehydration (fluid loss).
Dextrose is a carbohydrate which is a part of nutrition. Dextrose solution along with amino acids and fats provide nutrition the body. This is called as total parental nutrition. Hyperkalemia is a condition in which potassium levels are high. Dextrose solution (50%) is administered to person suffering from hyperkalemia.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing number of launches pertaining to novel dextrose injection products by key players in the market is expected to drive market growth. For instance, in 2018, Steria Inc., engaged in production, development, marketing and distribution of essential hospital and retail pharmacy products, launched new drug Bupivacaine Hydrochloride in 8.25% dextrose injection indicated for spinal anesthesia. It is a subarachnoid injection (spinal block).
The research provides an overview of the industry, including definitions, classifications, and the structure of the industrial chain. The Global Dextrose Injection Market study includes development trends, competitive landscape analysis, and major regions development status. Policies and strategies for development are reviewed, as well as manufacturing methods and cost structures. Import/export consumption, supply and demand, price, revenue, and gross margins are all included in this report.
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Primary and secondary research is conducted to gain access to current government rules, market information, and industry statistics. Dextrose Injection producers, distributors, end users, industry groups, governments' industry bureaus, industry magazines, industry experts, third-party databases, and our in-house databases were used to collect data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, and ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application, and region, providing a holistic view of as well as a deep insight into the Dextrose Injection Market covering all of its essential aspects.
This report aims to provide a comprehensive presentation of the global market for Dextrose Injection, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dextrose Injection.
COVID Impact
The COVID-19 pandemic has had a significant impact on the global healthcare industry, including the dextrose injection market. Dextrose injection is a type of intravenous solution used to treat dehydration and low blood sugar levels in patients. During the pandemic, the demand for dextrose injection increased due to the need for intravenous fluids in the treatment of COVID-19 patients.
One of the main impacts of COVID-19 on the dextrose injection market was the disruption of supply chains and logistics. The pandemic led to the closure of borders and restrictions on movement, which affected the transportation of goods and raw materials needed for the production of dextrose injection. This resulted in shortages of the product in some regions, leading to price increases and limited access to healthcare for some patients.
In addition, the pandemic also led to a surge in demand for dextrose injection in the healthcare industry. COVID-19 patients required intravenous fluids to manage dehydration and maintain electrolyte balance, which led to an increase in demand for dextrose injection. As a result, some manufacturers ramped up their production to meet the demand, while others faced challenges in sourcing raw materials and maintaining production levels.
Furthermore, the COVID-19 pandemic also led to changes in healthcare policies and practices that affected the use of dextrose injection. With the focus on managing the pandemic, some healthcare facilities postponed non-essential procedures and treatments, which reduced the demand for dextrose injection in certain regions. On the other hand, some healthcare facilities had to rapidly scale up their operations to accommodate the surge in demand for COVID-19 treatments, which led to increased use of dextrose injection.
Overall, the COVID-19 pandemic had a mixed impact on the dextrose injection market, with both positive and negative effects.
Market Segmentation:
1.Type: Dextrose injection is available in various types, including 5% dextrose injection, 10% dextrose injection, and 50% dextrose injection.
2.Application: Dextrose injection is used for various applications, including fluid and electrolyte replenishment, as an energy source, and as a diluent for other medications.
3.End User: Dextrose injection is used in various settings, including hospitals, clinics, ambulatory surgical centers, and homecare settings.
4.Region: The dextrose injection market can be segmented based on geographic regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
5.Distribution Channel: The dextrose injection market can be segmented based on the distribution channel, including hospital pharmacies, retail pharmacies, and online pharmacies.
These are some of the common ways to segment the Dextrose Injection market, but there may be other ways depending on the specific needs and requirements of the market.
Key Player:
•Archer Daniels Midland Company (ADM)
•Ingredion Incorporated
•AGRANA Beteiligungs-AG
•Tate & Lyle PLC
•Cargill, Incorporated
•Roquette Frères
•Grain Processing Corporation
•Tereos S.A.
•Fooding Group Limited
•Global Sweeteners Holdings Limited
Regional Analysis:
Asia Pacific dominated the glucose (Dextrose) market and accounted for the maximum revenue share of 38.7% in 2020. The region is also projected to continue with its dominance throughout the forecast period from 2020 to 2028. The presence of a huge customer base is the major factor contributing to the maximum regional market value. The major economies of the region including
India and China are major revenue contributors. The boosting demand for food and beverages products across these countries owing to their large customer base as well as rapid economic development is driving the market in the region.
The increasing demand for F&B products and cosmetics and personal care due to increased discretionary income coupled with the rising urban population is expected to support fast growth of the market in the region. In addition, the increasing expansion of major players in the region owing to the presence of growth opportunities like rising purchasing power of residents and changing eating habits are further accelerating the regional market value.
In 2020, Asia Pacific is followed by Middle East & Africa in terms of revenue share (%), and the region is also estimated to maintain its position during the forecast timeframe. The flourishing tourism industry in countries such as the UAE and Saudi Arabia is bolstering demand for food and beverages products, which, in turn, is contributing to the regional market value. The continuously rising demand for natural food ingredients and products in countries such as South Africa, Saudi Arabia, and the UAE are further supporting the regional market value.
Europe is gaining pace on account of its major economies including the U.K., Germany, and Italy. Organic, clean label, and natural products are the current significant factors that are driving the demand across the European market. Consumers in Europe are looking for healthier alternatives such as organic, fresh, artisanal, and ethnic food products owing to the noticeable presence of the aging population with their focus on health. The region has a dominance of glucose syrup over its solid form, as it is in manufacturing for more than a century in the region.
In North America, the U.S. dominated the market in 2020 in terms of revenue share and is anticipated to lead the regional market throughout the estimated period. The high consumption of sugar products by Americans is the primary factor driving the growth. The high demand for sugar confectionaries including candies and chocolates due to their emotional benefits and being part of occasional gifts are supporting market growth.
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Reasons to Purchase this Report:
•Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
•Provision of market value (USD Billion) data for each segment and sub-segment
•Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
•Provides insight into the market through Value Chain
•Market dynamics scenario, along with growth opportunities of the market in the years to come
•6-month post-sales analyst support
Key Points:
•The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
•Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
•Porter's Five Force Model and SWOT analysis are used to study the global Dextrose Injection market and would help stakeholders make strategic decisions.
•The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
•In-depth analysis of the types of Dextrose Injection would help in identifying future applications in this market.
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