DUBLIN, June 22, 2016 /PRNewswire/ —
Research and Markets has announced the addition of the “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” report to their offering.
The market size is projected to reach USD 42.20 Billion by 2021, at a CAGR of around 6.7% from 2016 to 2021
Emerging countries such as India and China are the primary targets of this industry. Increasing demand for convenience food & beverages, research & development activities, and the increasing demand for aerated and non-aerated drinks are some of the major driving factors for this market.
The glucose, dextrose, and maltodextrin market, on the basis of product, is segmented into glucose, dextrose, and maltodextrin. Glucose accounted for the largest market share in 2015, and is also projected to have a larger share during the forecast period due to the demand for packaged foods, bakery items, and infant foods that has led to the need for higher yield for glucose syrup and solids.
The glucose, dextrose, and maltodextrin market, based on application, is segmented into food & beverages, pharmaceuticals, personal care/cosmetics, paper & pulp industry, and others. The others segment consists of agriculture, leather processing, and other industrial applications. The food & beverages segment accounted for the largest share in the glucose, dextrose, and maltodextrin market in 2015. Food & beverages have several applications such as in bakery items, confectionery, convenience foods, and energy drinks. The food & beverage industry is growing globally and therefore the demand for glucose, dextrose, and maltodextrin for the production of new and innovative products is increasing.
The glucose, dextrose, and maltodextrin market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. The major drivers for the growth of the glucose, dextrose, and maltodextrin market include increase in disposable income and changing food habits among the consumers in developing countries such as India and China.
Growth in demand for gums is a restraint faced by the market players. Gums are also used as a thickening agent in the food & beverage industry like glucose, dextrose, and maltodextrin. Moreover, the demand for natural gums, such as acacia gums is on a significant rise as it is considered 100% natural and GMO free, and can also replace sugar with the same texture and binding properties.
The glucose, dextrose, and maltodextrin market is characterized by high competition due to the presence of a number of large- and small-scale firms. New product launches, expansions, and mergers & acquisitions are the key strategies adopted by these players to ensure their growth in the market.
The market is dominated by players such as Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Penford Corporation (U.S.), and Tate & Lyle PLC (U.K.).
Other major players in the market are Roquette Frères (France), Emsland-Starke GmbH (Germany), Grain Processing Corporation (U.S.), AGRANA Investment Corp (Austria), and AVEBE U.A. (The Netherlands)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Glucose, Dextrose, and Maltodextrin Market, By Brand
8 Glucose, Dextrose, and Maltodextrin Market, By Product
9 Glucose, Dextrose, and Maltodextrin Market, By Application
10 Glucose, Dextrose, and Maltodextrin Market, By Form
11 Glucose, Dextrose, and Maltodextrin Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/vfnmqn/glucose
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SOURCE Research and Markets