Global Dextrose Monohydrate Market Size is valued at 3.7% CAGR in terms of revenue, is expected to reach $ 5071.3 million by the end 2026, from $ 4384.7 million in 2021.
Dextrose Monohydrate can be defined as a crystallized and unadulterated form of dextrose which is widely used as a fermentation substrate, humectant, sweetener or a carrier in numerous end-use applications including confectionary and bakery, snacks, dairy products and beverages.
Application of dextrose monohydrate is growing in F&B industry with its contribution being several attributes such as flavor and texture enhancement. When compared to other sugars, The high glycemic index of dextrose monohydrate is appealing to manufacturers whose focus is on supplying enhanced energy to their customers via various F&B products.
Overall, the bakery industry holds a share of close to 25%, because of beneficial properties of dextrose monohydrate like influencing coloring, extending shelf life, balancing sweetness, bettering fermentation along with improving the texture and quality of bakery products.
Food grade dextrose monohydrate is the main product with the low price, which accounting for 93% market share and Dextrose monohydrate is more widely used in convenience food, accounting for about 30 percent of the market share.
Cargill, Incorporated invested USD 6.4 million in a food pilot facility at its North American pilot development center. The development center will enable the company to increase its speed and bring innovative products to the market.
Foodchem International Corporation set up a research & development center for developing innovative products. The center enabled the company to meet the needs of its customers for customized products, along with the purpose of serving them with improved existing products.
Top Key players in the Dextrose Monohydrate Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Dextrose Monohydrate Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Tereos, Roquette, Ingredion, Cargill, ADM, Tate & Lyle, Avebe, Global Sweeteners, Xiwang Group, Ronghai Health, Lihua Starch, Zhucheng Dongxiao Biotechnology, Qingyuan Food, Zhucheng Xingmao Corn Developing, Feitian and others.
Dextrose Monohydrate Market is segmented based on the type, applications, companies and regions.
North America would remain at the driver’s seat in the dextrose monohydrate market.
North America holds the highest market value share of 40%, attributable to increased consumer awareness regarding health consciousness, which driving demand for sugar substitutes with high sweetness.
Europe and Asia Pacific to remain attractive markets for dextrose monohydrate.
The report offers in-depth assessment of the growth and other aspects of the Dextrose Monohydrate Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Dextrose Monohydrate Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.