PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421578
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421578
The global dextrose market size is expected to reach USD 12.77 billion by 2032, according to a new study by Polaris Market Research. The report "Dextrose Market Share, Size, Trends, Industry Analysis Report, By Form (Liquid/Syrup, Crystalline, Powder); By Type; By Application; By Source; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Dextrose monohydrate is employed in powder and tablet forms, as well as in isotonic and hypertonic solutions, primarily for medicinal purposes. When combined with vitamin D and minerals like calcium, it is utilized in the production of glucose tablets. Additionally, it plays a crucial role in treating hypoglycemia in diabetic individuals and can be combined with ascorbic acid to address various health issues, including cardiac problems and intoxication concerns.
Dextrose monohydrate is finding growing applications in the confectionery industry, particularly in the production of various confectionery items like chewing gums and chocolates. Its notable preservative qualities contribute to prolonging the shelf life of these confectionery products, resulting in an increased utilization of dextrose monohydrate in this sector. The aim is to introduce food products that strike the right balance between taste and nutrition, which is expected to drive the demand for food-grade dextrose monohydrate in the foreseeable future. The expanding demand for confectionery products can be attributed to new product launches and increased food expenditure in emerging markets.
Dextrose possesses binding properties and serves as a diluent and filler for capsules, tablets, and sachets. In the pharmaceutical sector, it acts as an adjuvant for various cell culture applications. Furthermore, it finds applications in veterinary medicine for preparing infusions and injections. These versatile properties make dextrose highly sought after in various end-use industries and are expected to fuel its growth in the coming years. Additionally, the increasing prevalence of diabetes and obesity due to high sugar consumption has prompted consumers to seek reduced-sugar or dextrose-based products for a healthier lifestyle. Dextrose market manufacturers are focusing on launching such reduced-sugar products, contributing to the overall market growth.
Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Dextrose devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Dextroses throughout the forecast period.
Polaris Market Research has segmented the Dextrose market report based on form, type, application, source, and region: