Glucose, Dextrose, and Maltodextrin Market were valued USD 34.73 billion in 2018 and expected to be growing at a CAGR of 6.71%, to reach USD 48.05 billion by 2023. Glucose, dextrose, and maltodextrin are general ingredients in packaged and prepared foods. Glucose is table sugar; dextrose is another name for the regular sugar, glucose with less chemical variations. Maltodextrin is obtained from starch and retains many of starch’s chemical properties. All three are carbohydrates that affect your cells in similar ways and are utilized for the same things by the body. Maltodextrin, so much like dextrose, is obtained from starch. It is mainly a polysaccharide, meaning it is made of many monosaccharide units, all of which are glucose units. Maltodextrin does not have a specific chemical formula; molecules of this substance can be made from two to up to 20 glucose units. Not as much sweeter as glucose, maltodextrin is sweeter than starch due to the smaller molecules of maltodextrin can bind to the sweetness receptor much more efficiently, though larger maltodextrin molecules cannot. It is employed in food and beverages business to impart both a starchy texture and slightly sweet flavor. Nutrition wise, like other sugars, maltodextrin has four calories per gram.
Market drivers and restraints:
The key driver of the global Glucose, Dextrose and Maltodextrin market is the increasing demand for convenience food or packaged food and beverage products that also includes the higher demand for carbonated and non-carbonated beverages. Other drivers include the intense research and developmental activities done by leading companies in the market, more substantial disposable incomes and changing lifestyles. As for the restraints of the market, the production prices, the investment needed for research and development and health concerns among customers are the important ones.
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Report segmented as:
- Food and Beverages
- Personal Care/Cosmetics
- Paper and Pulp Industry
Based on geography, the global market is segmented under various regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America leads the Glucose, Dextrose and Maltodextrin Market in 2018 with the region accounting for 37% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is estimated to grow quickly in the coming years as is evident from the high CAGR value for the region. Another promising market in the coming years is Latin America, whose CAGR is second only to the Asia Pacific.
Important market players:
Some of the key companies leading the market, by their products and services include Archer Daniels Midland Company, Ingredion Incorporated, Agrana Investment Corp, Tate & Lyle PLC, Cargill Incorporated, Penford Corporation, Roquette Frères, Emsland-Stӓrke Gmbh, Grain Processing Corporation, and Avebe U.A.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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