Glucose, Dextrose and Maltodextrin Market

Glucose, Dextrose and Maltodextrin Market Size (2023-2028)

The global Glucose, Dextrose and Maltodextrin Market size was calculated to be USD 34.47 billion in 2022. It is determined to reach USD 51.87 billion by 2028 with a notable CAGR of 7.0% during the envisioned period.

Market Overview:

Glucose is extensively used as a sweetener in several food products and as dextrose, it is widely used in snacks, cookies, mixes, and toppings. Maltodextrin is a tasteless sugar that can be easily digested and quickly absorbed. Glucose is an essential component of our body's ability to perform a variety of metabolism. Our body gets the energy it needs from protein and fat, but that alone cannot provide the body with the energy it needs. It is a mistake to assume that the necessary glucose can only be obtained from the foods and vegetables you eat. Even people without proper knowledge will have a hard time buying and consuming products that are optimal for supplying glucose. Therefore, to alleviate this difference, glucose, dextrose, and maltodextrin play a crucial role.

Recent Developments in Glucose, Dextrose and Maltodextrin Industry:

• In March 2018, Tate and Lyle extended its Shanghai Food Applications Laboratory to satisfy developing purchaser need for solid food and refreshment items.
• In October 2017, Ingredion propelled another line of Mortgage Glucose Syrup (VERSASWEET) in the United States and Canada.
• ADM acquired a production plant from Tate & Lyle PLC (United Kingdom) in Morocco. This acquisition enables the company to reach clients by region and worldwide.

Glucose, Dextrose and Maltodextrin Market Growth:

As the demand for glucose, dextrose, and maltodextrin increases, the worldwide market will establish a strong foothold during the outlook period and record a profitable CAGR.

REPORT COVERAGE:

Drivers:

Increased demand in the beverage industry, call for fast food and increased research and development activities are believed to drive growth in the global markets for glucose, dextrose, and maltodextrin. They are widely adopted because they act as binders, sweeteners, thickeners, and emulsifiers in many food and beverage companies. Glucose, dextrose, and maltodextrin also provide several health benefits, making them preferred by health-conscious consumers. Glucose has a high water-holding capacity and prevents sugar crystallization. An increase in the confectionery industry, an increase in living standards and an increase in bakery are expected to improve global markets for glucose, dextrose and maltodextrin. As people's lifestyles change, people search for products. Consumers are now looking for products like soaps and hair conditioners, shampoos for hair, eye makeup, skin care, etc., which can have great benefits for users' skin. Furious rivalry between buyer merchandise makers can give these items to help target clients and at last to keep up their client base. This demand in the personal care products industry will help strengthen the glucose, dextrose and maltodextrin markets. Even pharmaceutical companies now offer supplements and medications that contain glucose, dextrose, and maltodextrin to treat a variety of health problems stemming from illness, accident, or trauma.

Consumption of healthy foods and increased demand for packaged foods are two main trends driving growth in the global markets for glucose, dextrose and maltodextrin. Continuing demand for low-calorie foods, an increase in the production of antacid suspensions and cough syrups in the pharmaceutical industry, and increasing demand in the personal care industry for the manufacture of skin conditioning agents are promoting the global market. The increasing demand for glucose, dextrose, and maltodextrin as binders, sweeteners, emulsifiers, and thickeners in prepared foods and beverages are key factors in boosting growth in the target market in the coming decade. In addition, the growing demand for dextrose and maltodextrin as nutritional supplements and sweeteners for low-calorie products such as creams, sweets and gums, and baked goods, is supposed to accelerate the development of global markets for glucose, dextrose and maltodextrin. Also, the increasing need for liquid glucose in medicines for the production of cough syrup and antacids, population growth, high consumption capacity and changes in personal lifestyle are just some of the factors that will drive growth in the potential market in the coming years. R&D activity in various industries, such as food and beverages, pharmaceuticals, etc., is increasing, and the approach to tracking unexplored markets is expected to provide new opportunities for manufacturers in target markets.

Restraints:

Side effects such as weight gain, high cholesterol, and diabetes can occur due to excessive consumption of foods that contain glucose, dextrose, and maltodextrin. This is a factor that can hinder the growth of the worldwide market. To prevent any type of harm or death to users, government regulations and strict monitoring of the glucose, dextrose and maltodextrin industries can inhibit the growth of the market.

Glucose, Dextrose and Maltodextrin Market Segmentation Analysis:

By Product:

• Glucose   
• Dextrose 
• Maltodextrin         

By Application:

• Food and Beverages          
• Pharmaceuticals  
• Personal Care/Cosmetics 
• Paper and Pulp Industry   
• Others     

By Form:

• Syrup        
• Solids        

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

Depending on the geography, the global marketis divided into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and the Middle East and Africa. The North American market for glucose, dextrose and maltodextrin is supposed to occupy the largest share of revenue in the target market and are determined to maintain dominance over the next decade. Increased demand for packaging and fast food, disposable income and the presence of leading players are likely to drive growth in the regional market. These industries require glucose, dextrose and maltodextrin as the main raw materials for the production of the product. A similar trend was in Western Europe similar to North America. In APEJ, with the exception of Japanese countries like China, India has the largest population in the world. The demand for various products such as cosmetics, paper, medicines and supplements is increasing. The manufacture of these products requires a large amount of glucose, dextrose, and maltodextrin, and this will drive the market in APEJ. In Eastern Europe, the market is developing at a decent stage and is likely to reflect robust growth over the assessment period. In MEA and Latin America, the market is in a small range.

Key Players in the Market:

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

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