During the forecast period, demand for dextrose monohydrate is expected to skyrocket due to its health benefits. In addition, its use as sweeteners, binders, emulsifiers, and thickeners is expected to broaden its applicability in the food and beverage business. The market demand is being boosted by an increase in the consumption of healthy foods and a rise in the demand for ready-to-eat meals. Continuous expansion of demand for low-calorie food goods, increased antacid suspension manufacturing in the pharmaceutical business, and rise in demand from the personal care industries are likely to propel the global market forward.
COVID-19 Impact analysis
- Companies are reporting significant increase in expenditures as a result of the corona pandemic, owing to heightened workplace safety measures, employee coronavirus testing, and higher absence due to illnesses, quarantine, and childcare.
- Confectionery manufacturers are additionally affected by growth in agricultural raw material and packaging material costs, on top of dealing with other challenges. Furthermore, businesses face rising expenses and supply issues with packaging materials.
- Exports have fallen as a result of the prolonged global slump, which has been exacerbated by the current COVID-19 problem. The latter resulted in widespread supply chain and demand disruptions, resulting in order cancellations.
- Key sales channels such as departmental stores and recreational facilities (cinemas, amusement parks, zoos, and swimming pools) were closed owing to lockdown restrictions, corporations reported a drop in revenues at the start of the year.
Top Impacting Factors
- Companies in the food and beverage industry have attempted to match their products to customer preferences. Due to change in consumer eating patterns, demand for food grade dextrose monohydrate is likely to rise in upcoming years.
- The dextrose monohydrate market is predicted to develop due to rise in demand for packaged and convenience foods. The adoption of a sedentary lifestyle has resulted in an increase in health problems. As a result, there are more prospects for growth in the sector.
- The worldwide dextrose monohydrate market is likely to be dominated by North America. Consumers in the region have a high level of awareness about health and wellbeing. This is one of the main reasons for the market's expansion in North America.
- Dextrose monohydrate is attracting food and beverage firms to include it in their offerings of sweet flavor goods to customers due to its low cost.
- Dextrose monohydrate has a lot of potential to replace sugar in the confectionery sector due to its health and disease-preventive characteristics.
Market Trends
In the Pharmaceutical Industry, Adoption has Increased
For medicinal reasons, dextrose monohydrate is utilized in powder and tablet form, as well as in isotonic and hypertonic solutions. For the manufacture of glucose tablets, it is mixed with vitamin D and minerals such as calcium. It's also used to treat hypoglycemia in diabetic people. It can be used in conjunction with ascorbic acid to treat a variety of illnesses, including cardiac difficulties and intoxication concerns.
The Confectionery Industry is Expected to Grow at a Rapid Rate
Confectioneries are increasingly using dextrose monohydrate. It is extensively utilized in the production of a variety of confectionery products, including chewing gums and chocolates. It also has excellent preservation characteristics, extending the shelf life of the finished product. As a result, the use of dextrose monohydrate in confectioneries has increased.The goal is to launch food products that are the right combination of taste and nutrition. Over the projection period, this would result in increased demand for food grade dextrose monohydrate.Demand for confectionary items is increasing, owing to new product introductions and rising food expenditure in emerging countries.
Dextrose Monohydrate is Growing in Popularity due to its Nutritional Benefits
Dextrose is a monosaccharide, or simple carbohydrate, that is easily absorbed by cellular membranes to stimulate muscle cells during training and recovery. Athletes utilize dextrose to grow muscle because it is easily absorbed. Athletes who are lifting weights frequently consume it. Carbohydrates in dextrose monohydrate give muscular fibers with practically instantaneous energy. When exercise energy is depleted, dextrose restores glycogen reserves in muscles, reducing muscular recovery time.
Key Benefits of the Report
- This study presents the analytical depiction of the dextrose monohydrate industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the dextrose monohydrate market share.
- The current market is quantitatively analyzed to highlight the dextrose monohydrate market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed dextrose monohydrate market analysis based on competitive intensity and how the competition will take shape in coming years
Questions Answered in the Dextrose Monohydrate Market Research Report
- Which are the leading players active in the Dextrose Monohydrate Market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is "dextrose monohydrate market" prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the "dextrose monohydrate market"?
Dextrose Monohydrate Market Report Highlights
| Aspects | Details |
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 Key Market Players | Xiwang Group, Tereos Group, Roquette Freres, Incorporated, Foodchem International, Archer Daniel Midland, Tate and Lyle, Avebe, Cargill, Ingredion, Feitian |
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