Global Dextrose Monohydrate Industry Report: Analysis and Forecast 2022-2027
Dextrose Monohydrate Industry by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices
The global dextrose monohydrate market reached a value of about USD 4150.3 million in 2020. The industry is projected to grow at a CAGR of around 3.6% in the forecast period of 2021-2026to reach a value of about USD 5122.5 million by 2026.
The global dextrose monohydrate market report provides a detailed analysis of the industry, including key segments, trends, drivers, restraints, competitive landscape, and other important market factors. Dextrose Monohydrate is used to extend the shelf life of a variety of beverages, confectionery, and bakery items. The component's natural chemical-free property appeals to both manufacturers and consumers, resulting in an increase in demand. North America is the highest category spender especially (the United States and Canada).
Dextrose Monohydrate: Industry Definition and Segmentation
Scope
Dextrose Monohydrate is the monohydrate form of D-glucose, a natural monosaccharide and carbohydrate. Its goal is to replenish nutrients and electrolytes that have been lost due to dehydration. It is the major component of oral rehydration salts and provides metabolic energy (ORS). It's also used to deliver nutrition to patients through intravenous (IV) fluids. It has a few advantages, including restoring blood glucose levels, providing calories, possibly preventing liver glycogen depletion, and a protein-sparing action.
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The industry Dextrose Monohydrate comprises segments:
- By products - powder, liquids, and others
- By applications - pharma and healthcare, food and feed additives, and others
- By region - North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
Snapshot of the Report
The regional markets for the industry can be divided into North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
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Category Drivers
The demand for dextrose is being driven by a growing customer preference for natural, chemical-free components. It's widely utilized in the food and beverage business since it extends the shelf life of packaged foods, boosting the industry's growth. The ingredient is also used as a flavour enhancer in meat products, and the increased demand for packed ready-to-eat-cook meat items is propelling the industry forward. Dry mixes, confectionary, ice cream, pickles, and non-food goods like adhesives and concrete compositions all contain it. The product's wide range of applications is boosting the market growth.
Category Insight by Region
North America, Europe, Asia Pacific, the Middle East, Africa, and South America are the key regions in the worldwide Dextrose Monohydrate market, with North America accounting for the biggest market share. Due to the widespread use of Dextrose Monohydrate in intravenous (IV) fluids to deliver nutrition to patients, the healthcare and pharmaceutical segments are the market leaders. Additionally, it is an important component of oral rehydration salts (ORS). Dextrose is extensively utilised in products like beverages, confectionery, and bakery items to extend their shelf life because it is obtained naturally and plays an important role in food and beverage preservation. As a result, there is a huge increase in demand for the component.
Higher disposable incomes, changing consumer consumption patterns, and increased expenditure on ready-to-eat food goods are all contributing to the market's rise. Dextrose Monohydrate is predicted to grow dramatically because of increased investments in research & development, product innovation, technical developments, and other factors. Furthermore, favourable government policies are likely to have a positive impact on the market.
Best Procurement Practices
The dextrose monohydrate industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of dextrose monohydrate across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Category Management Studies
Dextrose is a plant-based dietary component derived from grains (mostly maise and wheat). It is a simple sugar that belongs to the carbohydrates category. After being dried or crystallised, it is utilised in food as a liquid or as a powder. It has a caloric content of four calories per gramme. It's manufactured from starch, and it's made using a water-based method that breaks down complicated carbohydrates into smaller molecules. Enzymes are used to break down starch molecules into single glucose/dextrose molecules, which are long chains of linked glucose molecules. This product's dry form has a delicate flavour, excellent solubility, and clarity in solutions, as well as mobility and flow. 1.0 percent grits, pH 4.0 to 6.0 (5 percent w/v solution) (retained on 1000-micron screen).
Key Supplier Profiles included in the Global Dextrose Monohydrate Industry Report
The key market players are Cargill Incorporated, Archer Daniels Midland Company, Tate & Lyle PLC, and Roquette Frères S.A.
The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.
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