Dextrose Market - By Form (Dextrose Monohydrate, Dextrose Anhydrous, Liquid Dextrose), By Application (Food and Beverage Industry, Pharmaceuticals, Animal Feed, Personal Care and Cosmetics), By Distribution Channel & Forecast, 2023 - 2032

Dextrose Market - By Form (Dextrose Monohydrate, Dextrose Anhydrous, Liquid Dextrose), By Application (Food and Beverage Industry, Pharmaceuticals, Animal Feed, Personal Care and Cosmetics), By Distribution Channel & Forecast, 2023 - 2032

Dextrose market is poised to record 7.9% CAGR from 2023 to 2032, driven by the emergence of clean label trends. Of late, consumers are increasingly seeking transparency and simplicity in food and beverage products owing to the popularity of easily recognizable and natural ingredients. Additionally, health-conscious consumers are actively seeking alternatives to refined sugars and high-fructose corn syrup, further turning to dextrose for its lower glycemic index and rapid energy release.

Furthermore, according to a report published by PAHO in November 2022, the rise in obesity, unhealthy diets, and the lack of physical activity contributed to over threefold rise in the number of adults with diabetes in the Americas in the previous 30 years. This increasing incidence of diabetes is, thus, driving the demand for dextrose in medical applications and diabetic-friendly products.

The overall dextrose market is segmented in terms of form, application, distribution channel, and region.

Based on form, the liquid dextrose industry size is anticipated to gain significant traction between 2023 and 2032 attributed to its widespread application across industries, such as food and beverages, pharmaceuticals, and healthcare. Liquid dextrose offers several advantages, such as easy integration into liquid formulations and rapid absorption by the body. The rising health consciousness among consumers has also spurred the adoption of liquid dextrose as healthier alternative to high-fructose corn syrup in various products. Growing prominence in sports nutrition and intravenous solutions in healthcare will also propel the segment growth.

In terms of application, the dextrose market from the personal care and cosmetics segment witnessed notable expansion in 2022 and is expected to expand at notable growth rate through 2032. Owing to its humectant properties that help retain moisture, dextrose has gained prominence as a multifunctional ingredient in skincare and cosmetic formulations. Dextrose also marks extensive presence in facial scrubs and peels for promoting smoother and rejuvenated skin on account of its gentle exfoliating abilities. Additionally, the rising demand for natural, clean, and sustainable beauty products is pushing several personal care and cosmetic brands to increasingly prioritize natural ingredients, thereby contributing to the market expansion.

Regionally, Asia Pacific dextrose market size is estimated to amass considerable revenue by 2032. The increasing demand for processed foods, beverages, and pharmaceuticals in densely populated countries, such as China and India is driving the consumption of dextrose as a sweetener, bulking agent, and energy source. Furthermore, the ongoing development of the pharmaceutical and healthcare sector across APAC countries coupled with the higher usage of dextrose in intravenous solutions will contribute to the regional market growth.