Dextrose Monohydrate is a white crystalline powder composed of the monosaccharide sugar glucose. It is obtained from the hydrolysis of starches, such as corn, and is widely used as a food additive by itself or as an ingredient in countless commercial food products.
Dextrose Monohydrate is a component of intracellular metabolism and can be metabolized by plants, animals and microorganisms. It is commonly used in a wide range of applications, such as food ingredients, animal feed, pharmaceuticals, fermentation, industrial production, and in many other industries as a insulin, fertilizers, refined sugars, and sweeteners in a wide range of foods.
Global Dextrose Monohydrate market shows rapid growth from past few years and it is estimated to continue growing in the future. The rising demand for Dextrose Monohydrate as a food sweetener in various industries such as food and beverage, pharmaceuticals and cosmetics manufacturing has been driving the market growth. Some of the major regions driving the Dextrose Monohydrate market are North America, Europe and Asia-Pacific. The key players in the global Dextrose Monohydrate market are Cargill Inc., Archer Daniels Midland Company, Tate and Lyle, Roquette Freres and AVA Biochem AG.
The global Dextrose Monohydrate market was valued at US$ 4292.2 million in 2022 and is anticipated to reach US$ 5514.2 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Dextrose Monohydrate Market available at: https://www.themarketreports.com/report/global-dextrose-monohydrate-market-research-report
This report aims to provide a comprehensive presentation of the global market for Dextrose Monohydrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dextrose Monohydrate.
ADM is the largest player with the percentage of 15% market share. The following is Cargill, accounting for 14% market share.
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