Glucose, Dextrose, and Maltodextrin Market by Product (Glucose, Dextrose, and Maltodextrin), Application (Food & Beverages, Pharmaceuticals, Personal Care/Cosmetics, and Paper & Pulp), & by Region - Global Forecast to 2021
The glucose, dextrose, and maltodextrin market is projected to reach USD 42.20 billion by 2021, at a CAGR of 6.7% from 2016 to 2021. The market is driven by the growing demand for aerated as well as non-aerated beverages, and the rising demand for convenience & packaged foods. Rising global population and the growing GDP of developed and developing countries is likely to drive the demand for the glucose, dextrose, and maltodextrin market in the near future.
“Glucose application to witness the fastest growth rate in the personal care/cosmetics market by 2021”
Glucose is used in the personal care/cosmetics industry as a flavoring agent, humectant, and skin-conditioning agent. It is used in the formulations of various products, such as bath products, cleansing products, eye makeup, hair makeup, and skin care. The rising awareness among consumers regarding health and hygiene has led to the increase in the demand for personal care products and cosmetics. The market for glucose in the pharmaceutical industry in the Asia-Pacific region is expected to rise considerably due to the improved standard of living and higher disposable incomes of the rising middle-class population.
“Asia-Pacific to lead the market in terms of growth rate between 2016 and 2021”
The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period. This region has a large market for glucose, dextrose, and maltodextrin and is continuously increasing due to economic growth, higher disposable income, improved standard of living, and high demand for convenience food & beverages.
The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is mentioned as below.
By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
By Designation: Director Level – 30%, C Level – 45%, and Others – 25%
By Region: North America – 20%, Europe – 35%, Asia-Pacific – 40%, South America –5%
Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Penford Corporation (U.S.), and Tate & Lyle PLC (U.K.) collectively accounted for the largest portion of the glucose, dextrose, and maltodextrin market in 2015. Other players such as Roquette Frères (France), Emsland-Stӓrke GmbH (Germany), Grain Processing Corporation (U.S.), AGRANA Investment Corp (Austria), and AVEBE U.A. (The Netherlands) also have a strong presence in this market.
Reasons to buy this report:
To get a comprehensive overview of the global glucose, dextrose, and maltodextrin market
To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
To gain insights of the major countries/regions in which the glucose, dextrose, and maltodextrin market is flourishing