The global glucose, dextrose, and maltodextrin market has grown exponentially in the last few years. The market size is projected to reach USD 42.20 Billion by 2021, at a CAGR of around 6.7% from 2016 to 2021. Emerging countries such as India and China are the primary targets of this industry. Increasing demand for convenience food & beverages, research & development activities, and the increasing demand for aerated and non-aerated drinks are some of the major driving factors for this market.
Pune, India -- (SBWIRE) -- 06/21/2016 -- The report "Glucose, Dextrose, and Maltodextrin Market by Product (Glucose, Dextrose, and Maltodextrin), Application (Food & Beverages, Pharmaceuticals, Personal Care/Cosmetics, and Paper & Pulp), & by Region - Global Forecast to 2021", The glucose, dextrose, and maltodextrin market is projected to reach a value of USD 42.20 Billion by 2021, at a CAGR of 6.7%. The market is driven by factors such as the rising demand for convenience food & beverage products, which also include the rising demand for carbonated and non-carbonated beverages, and intense research & development activities.
Browse 144 market data tables with 82 figures spread through 224 pages and in-depth TOC on "Glucose, Dextrose, and Maltodextrin Market - Global Forecast to 2021"
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Dextrose is projected to be the fastest-growing segment in the glucose, dextrose, and maltodextrin market on the basis of product from 2016 to 2021
Dextrose is projected to be the fastest-growing segment on the basis of product in the glucose, dextrose, and maltodextrin market. One of the major factors attributed to the growth is that it is cheaper when compared to maltodextrin. Manufacturers of energy drinks have a high demand for dextrose supplements as it raises the insulin level almost instantly in the body which acts as an effective post workout supplement. Moreover, it is also used in the pharmaceutical industry to make tablets or given intravenously to the patients to increase their blood sugar levels. Other end use industries, such as paper & pulp and cosmetics industries have a demand for dextrose which is also drives the growth of the dextrose market.
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Food & beverage segment depicts high potential for the glucose, dextrose, and maltodextrin market
Glucose, dextrose, and maltodextrin can be used in several applications, such as food & beverage, pharmaceuticals, personal care/cosmetics, and paper & pulp industries. However, the food & beverages industry is the largest application of glucose, dextrose, and maltodextrin as a major share of glucose, dextrose, and maltodextrin is converted to sweeteners that are used in end products as sugar-replacers and also in fat-free products. On the other hand, the market for dextrose has substantial growth potential in the pharmaceutical industry, this is because dextrose is used to manufacture oral gel and tablets for patients in order to increase their sugar levels.
Significant growth for glucose, dextrose, and maltodextrin is observed in the Asia-Pacific region
Asia-Pacific has a high growth potential for glucose, dextrose, and maltodextrin. China is among the leading countries for the production of glucose, dextrose, and maltodextrins as the country faces growth in the economy which has led to an increase in the disposable income of people. Therefore, due to higher disposable incomes, people are demanding more convenience food & beverages which include aerated and non-aerated drinks and energy drinks; glucose, dextrose, and maltodextrin is required in the production of these products to add texture and flavor which has also led to the growth of the glucose, dextrose, and maltodextrin market.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Penford Corporation (U.S.), and Tate & Lyle PLC (U.K.).
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