Global Dextrose Anhydrous Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Dextrose anhydrous is a form of glucose made from corn starch. Dextrose anhydrous is purified and crystallized D-glucose anhydrous, or contains one molecule of crystal water. White. Odorless. Crystalline particles or crystalline powder. It has a sweet taste and the sweetness is 69% of that of sucrose. Easily soluble in water, very soluble in boiling water, slightly soluble in ethanol. Natural products are widely found in various plant tissues and honey. Dextrose anhydrous, like fructose, is a simple sugar, also known as simple sugar. Simple sugars can be combined to produce complex sugars, such as sucrose. The human body metabolizes each unit of monosaccharides, and complex sugars are not easily metabolized by the body.
Market Overview:
The latest research study on the global Dextrose Anhydrous market finds that the global Dextrose Anhydrous market reached a value of USD 998.82 million in 2022. It’s expected that the market will achieve USD 1443.1 million by 2028, exhibiting a CAGR of 6.32% during the forecast period.
Assessment of the Overall Impact of COVID-19 on the Industry
The impact of COVID-19 on the global economy. More than three million lives have been lost to COVID-19 since the start of 2021 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021.
Market Drivers
Since dextrose is prepared from corn starch, it is widely used in the food industry. Many food manufacturers start to use anhydrous dextrose instead of sugar because it has a better effect on the human body. Manufacturers widely use anhydrous dextrose in foods, and athletes also use it to supplement muscle glycogen levels. Dextrose anhydrous will lead to increased demand due to its use in medicine and people's increasing attention to the pharmaceutical industry. Due to its wide range of advantages, including the preparation of glucose injections, sodium chloride compounds, lactic acid, sodium gluconate injections, and other drugs, the huge benefits generated therein have led to increasing demand for anhydrous dextrose.
Market Development Constraints
Dextrose anhydrous is often used as a sweetener in the food industry. However, because dextrose is anhydrous and compared with sucrose, its sweetness is only 69% of sucrose, and its sweetness is lower. This characteristic limits the use of dextrose as a sweetener in many foods. Therefore, this factor will limit the development of the dextrose anhydrous industry.
Region Overview:
From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Cargill, Xiwang, Roquette, Shandong Huayi Corn Technology Co., Ltd. and Shengtai are the five key players in the global Dextrose Anhydrous market. These companies have shown consistent growth in revenue, larger volumes of sales, and a prominent presence in terms of share in the global Dextrose Anhydrous market in the past 5 years.
Cargill is an American privately held global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Cargill provides food, agriculture, financial and industrial products, and services to the world. The main business is trading. Procurement and distribution of grain and other agricultural commodities, such as palm oil. Energy, steel, and transportation trade. Feedstock for raising livestock and production. It also produces food ingredients, such as starch and glucose syrup, vegetable oils, and fats, for processed food and industrial purposes.
Xiwang Group Company Limited is a deep processing of corn and special steel industry, investment in the home, beverage, logistics, thermoelectric and many other industries of the large industrial enterprise. The company mainly produces fructose, oligosaccharides, edible and medicinal glucose, fructose syrup, sodium gluconate, maltodextrin, corn oil, steel and other. Leading products into the international market, the consumption of glucose, corn oil, anhydrous glucose, maltodextrin production scale is the largest in Asia.
Segmentation Overview:
Among different product types, Powder segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Pharmaceutical segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Dextrose Anhydrous market covered in Chapter 3:
BANGYE
Xiwang
Cargill
Shengtai
Foodchem
Shandong Huayi Corn Technology Co., Ltd.
Roquette
In Chapter 4 and Chapter 14.2, on the basis of types, the Dextrose Anhydrous market from 2018 to 2029 is primarily split into:
Crystalline
Powder
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dextrose Anhydrous market from 2018 to 2029 covers:
Food and Beverage
Pharmaceutical
Pet Feed and Food
Chemical Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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