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Europe Glucose, Dextrose, and Maltodextrin Market by Product (Glucose, Dextrose, and Maltodextrin), by Application (Pharmaceuticals, Food & Beverages, Paper & Pulp Industry and Personal Care/Cosmetics), by Form (Syrup and Solids) and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 2673
Pages: 145
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Europe Glucose, Dextrose and Maltodextrin Market Growth and Forecast (2022 - 2027):

The Europe Glucose, Dextrose and Maltodextrin Market was worth US$ xx million in 2021, and it is predicted that it will reach a valuation of US$ xx million by 2026 with an annual expansion rate of xx% between 2021 and 2026.

Market Overview:

Glucose is a type of carbohydrate, also known as a sugar (monosaccharide), produced by plants and algae during photosynthesis. Glucose is an essential element that our body needs to carry out various metabolisms. Our bodies provide the energy it needs from protein and fat, but that alone cannot provide the energy it needs. Maltodextrin is a polysaccharide produced by partial hydrolysis of starch and is used as a food additive. It is a misconception to assume that the necessary glucose can only be obtained from human foods and vegetables. Even people without the proper knowledge will find it difficult to purchase and consume products that generate optimal sources of glucose. Therefore, glucose, dextrose, and maltodextrin play an active role in alleviating this difference. Additionally, as the demand for glucose, dextrose, and maltodextrin increases, and will gain a strong foundation with a profitable CAGR over the forecast period.

Recent Developments in Europe Glucose, Dextrose and Maltodextrin Industry:

  • In October 2017, Tate & Lyle (UK) plans to boost maltodextrin production by expanding its production capacity in Boleraz, Slovakia.

Europe Glucose, Dextrose and Maltodextrin Market Growth:

The European market is driven by growing demand from the beverage industry, intensive research and development activities, and rising demand for prepared foods.

Drivers:

Increasing need in the beverage industry, growing demand for convenience foods, and increased research and development activities are believed to drive growth in the Europe Glucose, Dextrose and Maltodextrin markets. They are widely adopted by many food and beverage companies due to their role as a binder, sweetener, thickener, and emulsifier. Health-conscious consumers also prefer glucose, dextrose, and maltodextrin, as they provide several health benefits. Glucose exhibits a high-water holding capacity and helps prevent sugar crystallization. The consumption of healthy foods and the growing demand for packaged foods are two main trends that are supposed to drive the growth of the European market. Glucose is widely used in the production of food products such as frozen dairy products, creams, bottled foods, canned foods, bakery products, toughened meats, candy, and gum. Maltodextrin is widely adopted in the packaged food and bakery industry. Constant demand for low calorie foods, increased production of antacids and cough syrup in the pharmaceutical industry, and growing demand in the personal care industry for the manufacture of skin conditioning agents are driving Europe Glucose, Dextrose and Maltodextrin market. Fierce competition among consumer goods manufacturers to offer these products can benefit their target customers and eventually help the company maintain its customer base. Even pharmaceutical companies are offering supplements and drugs that contain Glucose, Dextrose and Maltodextrin to treat various health problems suffering from illness, accidents, and trauma. Demand for Glucose, Dextrose and Maltodextrin is expected to increase due to various benefits such as sweeteners, binders, emulsifiers, and others.

The food and beverage sector is expected to experience significant growth in the near future. As the lifestyle of the individual changes, they look for products that can help them. Consumers are now looking for products like hair conditioners. Glucose, dextrose, and maltodextrin-derived soaps, eye makeup, shampoos, and skincare can have great benefits for the user's hair and skin. This demand from the personal care products industry will help revitalize the Europe Glucose, Dextrose and Maltodextrin markets. The boom in the confectionery industry, an improvement in living standards and an increase in the number of bakeries are expected to fuel the European market.The approach to tracking growing R&D activity and untapped markets in a variety of industries, including food and beverage and pharmaceuticals, is likely to provide new opportunities for manufacturers operating in Europe Glucose, Dextrose and Maltodextrin markets.

Restraints:

Side effects like weight gain, high cholesterol, and type 2 diabetes can be caused by overconsumption of foods that contain glucose, dextrose, and maltodextrin. The trend of increasing preference for gums such as gum arabic, guar, xanthan gum, and locust bean gum compared to starch-derived products is emerging as a market limitation. Chewing gum is a threat to starch derivatives such as glucose, dextrose, and maltodextrin in various food and beverage industries, and is also used to prevent sugar crystallization. The growing preference for gums may limit the use of starch derivatives in the food industry. Government regulations and strict control of the Glucose, Dextrose and Maltodextrin to prevent any kind of harm or death of users can play a role in restricting the growth of the Europe Glucose, Dextrose and Maltodextrin market.

Europe Glucose, Dextrose and Maltodextrin Market Segmentation Analysis:

By product type, the glucose segment held the largest share in 2019 due to various applications, such as preventing the crystallization of sugar molecules and having a high water-binding capacity. It is also used as a bulking enhancer, sweetener, and texture agent, and can be fermented. The glucose segment will also expand with the highest CAGR in theoutlookperiod 2020-2025. The growth of this part is due to various applications, such as those used to treat very low blood sugar levels. Most of the time it occurs in people with diabetes and insulin shock. It is also widely used as a nutritional supplement in food production.

By application, the food and beverage sector accounted for the largest share in 2019. This is due to factors such as a greater sedentary lifestyle, a greater preference for convenient food, and greater investment in large companies. The personal care sector is estimated to be the fastest growing sector due to factors such as increasing individual disposable income, the development of innovative products and an increased demand for organic personal care products.

Regional Analysis:

Geographically the Europe Glucose, Dextrose and Maltodextrin Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe is likely to be the second largest market in the glucose, dextrose and maltodextrin-based products. In Western Europe, there is a growing demand for a variety of products, including pharmaceuticals, papers, cosmetics, and supplements. Large amounts of glucose, dextrose, and maltodextrin are needed to produce these products, and this demand will drive the glucose, dextrose, and maltodextrin markets in the region. In Eastern Europe, the glucose, dextrose and maltodextrin markets are in a good stage and are supposed to reflect healthy growth over the conjecture period.

Key Players in the Market:

Major Key Players in the Europe Glucose, Dextrose and Maltodextrin Market are

  • Archer Daniels Midland Company
  • Agrana Investment Corp
  • Roquette Frères
  • Cargill Incorporated
  • Avebe UA
  • Grain Processing Corporation
  • Emsland-Starke Gmbh
  • Penford Corporation
  • Ingredion Incorporated
  • Tate& Lyle PLC

 

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