Market Trends of Glucose (Dextrose) Industry
Increasing Application in the Beverage Sector
The beverage industry, including alcoholic and non-alcoholic beverages, is booming with various new players entering the market, thus making the market more competitive. Players are developing innovative products to attract consumers, creating the need for better ingredients, including sweeteners. According to the National Bureau of Statistics of China, a total of 13.8 million metric ton of soft drinks were produced in China in December 2022, representing a 4.6% rise from the same time the year before.
Dextrose can precisely control the sweetness and flavor balance in soft drinks manufactured from concentrated or pulp fruit depending on the particular fruits utilized. Dextrose and high-intensity sweeteners are compatible for usage in different beverages. Additionally, while manufacturing low-calorie beers, the percentage of sugar instantly available for fermentation is increased by quickly adding fermentable dextrose to the wort made from malt and other adjuncts. This produces a low-calorie beer with a regular alcohol concentration. Up to three fermentation stages are used to create specialty beers with higher alcohol content. Inside the bottle, together with extra yeast, the final fermentation occurs. Dextrose is considered ideal as a sweetener in such products because it can be used for fermentation immediately. The versatility and compatibility of glucose with various ingredients are expected to drive the market during the forecast period.
Asia-Pacific is Expected to Emerge as the Fastest-growing Market
The Asia-Pacific region is projected to be the fastest-growing in the dextrose market for food and beverages due to the rising demand for low-caloric food and the large-scale availability and affordability of corn and wheat starch. The region's rapidly growing convenience food and pharmaceutical industries have led to increased consumption of glucose (dextrose) products. In order to maintain a healthy lifestyle, consumers are increasingly looking for energy drinks that contain a significant amount of glucose, thus driving the food and beverage sector, primarily in countries like China, Australia, Japan, and India. The rise in demand for beverages such as energy drinks has been driving the market across the region. Dextrose delivers readily absorbed carbohydrates necessary for sustained energy and endurance in energy and sports beverages.
Dextrose is widely used across the dairy industry. Dextrose enhances shelf life and is suitable for balancing sweetness in dairy and fermented desserts. Ice cream and sorbet's texture and mouthfeel are enhanced by preventing sucrose recrystallization with the addition of dextrose. Dextrose is frequently used in conjunction with other sugars to regulate the overall sweetness in milk drinks (chocolate or other flavors). According to the USDA Foreign Agricultural Service, ice cream and frozen dessert sales in the Indian packaged foods market totaled USD 1.32 billion in 2021. Hence, the thriving dairy industry across the Asia-Pacific region has been propelling the market Aacross the region.