Press release
The Dextrose Market is expected to reach $12.77 billion by 2032, with a CAGR of 8.1%.
The global market for dextrose was estimated to be worth 6.37 billion in 2023. From USD 6.86 billion in 2024 to USD 12.77 billion in 2032, the market is anticipated to register a CAGR of 8.10% during the forecast period. Some of the key reasons for this growth are:• The food and beverage sector is witnessing shifts in consumer tastes towards sweet treats and desserts, which is increasing the demand for the dextrose market.
• The application of dextrose in the pharmaceutical sector for clinical-grade products aids in market expansion.
• With individuals searching for healthier sugar substitutes, dextrose stands out as a practical option, driving market growth.
• The growing consumer interest in organic beauty products supports the expansion of the dextrose market.
What Is Dextrose?
Dextrose is a type of sugar, essentially identical to glucose, which is the sugar found in the bloodstream and is often derived from corn or wheat. Dextrose is commonly used as a sweetener in foods. It is also administered medically as an IV solution to rapidly increase blood sugar levels in situations like hypoglycemia (low blood sugar) due to its rapid absorption by the body. Dextrose is almost very similar to glucose, meaning the body can readily use it for energy production. It is used as a sweetener in various processed foods, beverages, and baked goods. As it is easily absorbed, dextrose can rapidly increase blood sugar levels or can be given to gain some extra calories to the patients or the person who is unable to eat.
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Key Players in Market
The market features fierce competition, where established companies depend on advanced technology, superior products, and a robust brand reputation to boost revenue expansion. A few of these market players include:
• AGRANA Beteiligungs-AG
• Archer Daniels Midland Co (ADM)
• Cargill Incorporated
• Foodchem international corporation
• Fooding Group Limited
• Gulshan Polyols Ltd.
• Ingredion Incorporated
• Roquette Freres
• Tate & Lyle
• Tereos
Dextrose Market Report Highlights
• In 2022, the dextrose monohydrate segment took the lead in Dextrose Market revenue. The rising number of health-conscious consumers has spurred the incorporation of dextrose into a range of products, creating an avenue for market expansion. Moreover, dextrose is applied in caramel coloring, beverage powders, and various formulations to extend the shelf life of products.
• Within the Dextrose Market's application segment, the Food & Beverage industry typically dominates with the largest share. Dextrose serves as a sweetener, flavor enhancer, and functional ingredient in a wide array of food and beverage products, including baked goods, confectionery, beverages, processed foods, and dairy items. While dextrose is also utilized in sectors like Personal Care Products, Pharmaceuticals, Paper and Pulp Products, and Agricultural Products, its market share in these segments is relatively smaller in comparison.
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Regional Analysis
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Segmental Overview
• The market for dextrose is segmented based on type, form, source, application, and region.
• Based on type, the market is segmented as dextrose anhydrate and dextrose monohydrate.
• In 2022, the dextrose monohydrate segment led the dextrose market revenue because the rising health-conscious consumer base has spurred the incorporation of dextrose in multiple products.
• The dextrose market segmentation, based on application, is made into pharmaceutical, personal care, food & beverages, and others.
• The food & beverages segment held the largest market share over the forecast period because dextrose is extensively used as a sweetener, flavor enhancer, and functional component in numerous food and beverage items.
Dextrose Market, Form Outlook (Revenue - USD Billion, 2019-2032)
• Liquid/Syrup
• Crystalline
• Powder
Dextrose Market, Application Outlook (Revenue - USD Billion, 2019-2032)
• Pharmaceuticals
• Food & Beverages
• Personal Care
• Others
Dextrose Market, Type Outlook (Revenue - USD Billion, 2019-2032)
• Dextrose Anhydrous
• Dextrose Monohydrate
Dextrose Market, Source Outlook (Revenue - USD Billion, 2019-2032)
• Wheat
• Corn
• Others
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