The global Dextrose market stood at approximately 14.5 million tonnes in 2023 and is anticipated to swell at a healthy CAGR of 4.9% during the forecast period until 2034.
Dextrose has diverse applications across several industries. Primarily recognized as a sugar substitute, it plays a pivotal role in enhancing the sweetness of various food items such as baked goods, confectionery, and beverages. Additionally, its quick energy release makes it a favoured component in sports drinks and energy supplements, catering to the nutritional needs of athletes. In the pharmaceutical sector, Dextrose has multiple roles. It acts as a diluent and filler in tablets and capsules, facilitating the manufacturing process while ensuring the proper dosage of medications. Moreover, it finds application in intravenous (IV) solutions to help stabilize blood sugar levels, particularly in patients who are unable to consume food orally, thus serving as a vital component in medical care. Furthermore, Dextrose is integral to sports nutrition, where its ability to provide rapid energy makes it a staple ingredient in pre-workout supplements and energy drinks, aiding individuals in achieving peak performance during physical activities. Beyond the realms of food and pharmaceuticals, Dextrose extends its utility to personal care products, including toothpaste and mouthwash, where it contributes to texture and formulation. In industrial settings, it participates in the production of ethanol, adhesives, and paper products, while also serving as a food additive to improve the texture and stability of various food items.
The market for Dextrose is experiencing significant growth primarily driven by its widespread utilization in food & beverages. In the food and beverage sector, dextrose is increasingly utilized as an emulsifier, sweetener, binder, and thickening agent, catering to evolving consumer preferences for natural and functional ingredients. Additionally, advancements in manufacturing processes and technology are enhancing the quality and efficiency of dextrose production, further fuelling market growth. Furthermore, the pharmaceutical industry continues to be a significant consumer of dextrose, where it serves as a diluent and filler in tablet and capsule formulations, contributing to the market's steady expansion. With increasing awareness of health and wellness, coupled with the expanding applications of dextrose in sports nutrition and personal care products, the market is poised for continued growth and innovation in the coming years. The global Dextrose market is likely to reach approximately 25 million tonnes in 2034.
Geographically, the Asia-Pacific region is projected for rapid growth in the dextrose market which can be justified by several factors. Firstly, the region is experiencing significant population growth and urbanization, leading to increased consumption of processed foods and beverages, where dextrose is commonly used as a sweetener and ingredient. Secondly, rising disposable incomes in countries like China, India, and Southeast Asian nations are fuelling greater demand for convenience foods and functional beverages, further driving the need for dextrose. Additionally, the expanding pharmaceutical and healthcare sectors in the region are likely to contribute to the demand for dextrose, given its applications as a diluent and filler in medication formulations. Moreover, the Asia-Pacific region is witnessing robust industrial growth, particularly in sectors such as food and beverage manufacturing, pharmaceuticals, and personal care products, all of which rely on dextrose for various purposes.
Based on the end-use industry, the global Dextrose market is divided into Food & Beverages, Pharmaceuticals, and Others. However, Food & Beverages is the dominating segment and held about 65% of the global Dextrose market in 2023 and is likely to stay so in the forecast period.
Major players in the Global Dextrose market are Archer Daniels Midland Company, Cargill Incorporated, Ingredion Incorporated, Roquette Frères, Tate & Lyle PLC, Tereos SA, Südzucker AG (Agrana Group), Louis Dreyfus Holding BV, International Flavors and Fragrances, Wilmar International Limited, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Dextrose which covers production, demand and supply of Dextrose market in the globe.
• To analyse and forecast the market size of Dextrose
• To classify and forecast Global Dextrose market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Dextrose market in the globe.
To extract data for Global Dextrose market, primary research surveys were conducted with Dextrose manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Dextrose market over the coming years.
ChemAnalyst calculated Dextrose demand across the globe by analyzing the volume of Dextrose consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Dextrose manufacturers and other stakeholders
• Organizations, forums and alliances related to Dextrose distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Dextrose manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Dextrose market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
14.5 million tonnes
Market size Volume in 2034
25 million tonnes
Growth Rate
CAGR of 4.9% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in million tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverages, Pharmaceuticals, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Member - Board of Directors
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What was the net market size of Dextrose in terms of volume in 2023?
Ans:
The global market size of Dextrose has reached approximately 14.5 million tonnes in 2023.
Q2.
Which industry is the leading end-user industry of Dextrose?
Ans:
Food & Beverages industry is the leading end-user industry of Dextrose globally.
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