Dextrose Syrup Market

Dextrose Syrup Market Value and Growth Rate:

Dextrose Syrup Market was worth US$ XX million in 2022 and is anticipated to reach the valuation of US$ XX million by 2027 and is predicted to register a CAGR of 5.4% during 2022-2027.

Dextrose Syrup Market Scenario:

Dextrose syrup is a glucose syrup with a high dextrose concentration that is often made from starch hydrolysis. It has a sweet taste and a high nutritional value, making it an attractive sweetener for use in the pharmaceutical and food and beverage sectors. It has been shown to be an excellent substitute for ordinary granulated sugar. Demand for dextrose syrup has risen dramatically in recent years as it has become more widely used in food products such as sweets and bakery goods. Dextrose syrup is used in the food industry as a thickening, humectant, and sweetener to enhance the taste and texture of products while also extending their shelf life. Aside from that, it helps to keep sweets from crystallizing. Dextrose syrup has come to prominence in the pharmaceutical business because of its many applications. It's utilized as a sweetener in unpleasant medicines to make them taste better. In addition, it is used to treat hypoglycemia (low blood sugar) and dehydration. Because dextrose syrup is a simple sugar with a high-calorie content, the human body may swiftly absorb it as a source of energy. As a result, it's dissolved in solutions that are given to those who have low blood sugar levels. Furthermore, rising consumer awareness of the health benefits of dextrose syrup consumption, as well as the increasing use of dextrose in cosmetic and personal care products such as toiletries, body washes, and skin & hair care products, will provide growth opportunities for market players in the coming years.

Global Dextrose Syrup Market Drivers:

The rising popularity of dextrose syrup as a result of its numerous benefits, as well as the quick expansion of end-use verticals such as food and drinks, cosmetics and personal care, bakery products, and pharmaceuticals, are some of the primary drivers propelling the dextrose syrup market.

In the food and beverage sector, dextrose syrup is increasingly employed as a sweetener and taste enhancer. It also serves an important function in extending the shelf life of items and improving their texture. Dextrose syrup is used in baked goods, confectionery, canned fruits, jams, sports drinks and energy drinks, hard liquor, and other foods and beverages. The increasing use of dextrose syrup in the pharmaceutical industry is propelling the dextrose syrup market Growth, and this trend is expected to continue in the future. To hide the unpleasant flavors, it is extensively employed as a sweetener in the manufacture of chewable tablets, lozenges, and syrups. Furthermore, it has gained a lot of momentum as a treatment for people with low blood sugar. Furthermore, growing uses of dextrose syrup in the building and construction sectors would drive the dextrose syrup market size up throughout the forecast period.Subsequently, to maintain correct water retention and alleviation across the boards, dextrose syrups are employed in the manufacture of plasterboards. It's also used in clay to mitigate cracking during the heating process.

Dextrose Syrup Market Restraints:

Although dextrose syrup is gaining popularity in the food and pharmaceutical industries, the market is likely to be restrained by a number of problems. Some of these variables include the negative consequences of ingesting too much sugar and the availability of different alternate options. Also, as health consciousness is increasing in people, they may reduce or eliminate the intake of dextrose as it is high in calories and not the best for people who live a sedentary lifestyle. Another key restriction is the rise in demand for gums as a substitute for glucose, dextrose, and maltodextrin. The rise in the attractiveness of gums like gum Arabic, xanthan gum, guar gum, and locust bean gum over products that are derived from starch like dextrose is posing a challenge for the market. Foods and beverages stabilized with gums have been found to be more stable than those stabilized with modified starches. The improving market demand of gums is likely to restrain the use of starch derivatives in the food industry. Gums provide functional benefits to food and beverage in addition to taste, texture, and stability.

REPORT COVERAGE:

Recent Developments in the Global Dextrose Syrup Market:

In March 2018, to accommodate the increased customer demand for healthier food and beverage products, Tate & Lyle established its food application laboratory in Shanghai.

Dextrose Syrup Market Segmentation: 

By Application:

• Food & Beverage

• Pharmaceutical

• Personal care

• Others

Soft drink demand is quickly expanding in the Asia Pacific and South America's developing countries. Although saccharose sugar or low-calorie syrups can be used to sweeten juices and aerated drinks, fructose and glucose syrups are commonly favored. This is owing to the affordability of dextrose syrups, as well as its properties such as increased viscosity which is used to improve food presentation. Dextrose also helps in the thickening and emulsification of sports drinks, Hence this segment is dominated by Food & Beverages.

So, in essence, dextrose is a sweetener and nutritional supplement found in a variety of foods, including candy and gums, creams, bakery items, jarred and tinned meals, frozen dairy products, and charcuterie. It can also be used to improve the taste and quality of beverages, jelly, jam, and honey, as well as lengthen the shelf life. As a result, changes in eating habits and a preference for snacks and sweets, where dextrose is utilised as a sweetening agent, boost dextrose utilisation in the food and beverage market.

By Type:

• Dextrose Monohydrate

• Dextrose Anhydrous

Dextrose Monohydrate dominates in this segment with the larger market share as it is used quite often in the food & beverages industry. Due to the advantageous features of dextrose monohydrate, such as balancing sweetness, influencing colouring, extending shelf life, enhancing fermentation, and increasing the quality and texture of baked products, the baking industry has a high-value share of roughly 25%.

Dextrose Syrup Market Regional Analysis: 

The Global Dextrose Syrup Market Report includes the segmentation of Regions:

• North America 

  1. The U.S. 

  2. Canada 

  3. Mexico 

In the North American region, Because of the continuous expansion of end-use verticals such as pharmaceuticals, food and drinks, construction, and cosmetics, North America is expected to maintain its dominance in the global dextrose syrup market throughout the forecast period. Due to changing lifestyles and increased expenditure, countries such as the United States and Canada are seeing a surge in demand for processed meals, bakery items, confectionery, and ready-to-drink beverages. The market for dextrose syrup is gaining a lot of traction as a result of this. Furthermore, the presence of a well-established pharmaceuticals industry, as well as the growing popularity of dextrose syrup for treating hypoglycemia patients, is favorably boosting market growth throughout the region.

• Asia Pacific 

  1. China 

  2. India 

  3. Japan 

  4. Australia 

In the Asian Pacific region, due to expanding demand for low-calorie foods and widespread accessibility and affordability of dextrose, the Asia Pacific region is anticipated to witness the fastest in the dextrose market for food and drinks. Furthermore, the Asia Pacific region's rapidly increasing fast food and personal grooming industries have resulted in an increase in dextrose consumption.

• Europe 

  1. The U.K. 

  2. Germany 

  3. Switzerland 

  4. Belgium 

In the European region, the dextrose syrup market is increasing at a steady rate of X.X% and the growth of the pharmaceutical industry is pushing the market for dextrose syrup in Europe.

• Latin America 
  1. Brazil 
  2. Argentina 

• Middle East & Africa 

  1. South Africa 

  2. Saudi Arabia 

Dextrose Syrup Market Key Players:

1. Tereos (France)

2. Grain Processing Corporation (USA)

3. Avebe Group (Netherlands)

4. Global Sweeteners Holdings (Hong Kong)

5. Gulshan Polyols (India)

6. Fooding Group Ltd. (USA)

7. Cargill (USA)

8. Tate and Lyle (UK)

9. ADM