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3. Market Leaders: Cargill Incorporated (US), ADM (US), Ingredion (US), Agrana (Austria) and Tate & Lyle (UK) are Projected to Dominate the Market Due to Their Highly Expanded Sales Network and Technology Based Development to Provide High Quality Dextrose Market

The market for Dextrose is estimated at USD 5.9 billion in 2022; it is projected to grow at a CAGR of 7.8% to reach USD 8.6 billion by 2027Dextrose are majorly used in food & beverage, pharmaceutical, personal care, paper & pulp and various other industrial applications. However, increased demand for sweeteners/sugar substitutes in North America and Asia Pacific is expected to boost the growth of the dextrose. This, in turn, is expected to further strengthen the demand for dextrose for food & beverage application in these regions during the forecast period.

Cargill Incorporated is engaged in the manufacturing and marketing food, agricultural, financial, and industrial products, and services. The company operates through the following business segments: Agriculture, Animal Nutrition, Beauty, Bioindustries, Foodservice, Food & Beverage, Industrial, Pharmaceutical, Meat & Poultry, Risk Management, Supplements, and Transportation. Dextrose is offered under the bioindustries segment. The company operates in around 70 countries. It has an additional sales presence in nearly 125 countries across North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Some of the subsidiaries of the company include Cargill Meat Solutions (US), Cargill Enterprises Inc. (Russia), Cargill Asia Pacific Holdings Pte Limited (Singapore), Cargill RSA (Pty) Limited (South Africa), Cargill España SA (Spain), Cargill Nordic A/S (Sweden), Provimi (Netherlands), and NatureWorks (US).

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Archer Daniels Midland Company (ADM) produces food & beverage ingredients, feed & feed ingredients, industrial ingredients, biofuels, and naturally derived alternatives to industrial chemicals. It operates through four segments:

• Agriculture services & oilseeds: Activities related to the agricultural raw material origination, marketing, transportation, and storage, as well as crushing and further processing of oilseeds
• Carbohydrate solutions: Engaged in corn and wheat wet and dry milling and other activities
• Nutrition: food, beverages, nutritional supplements, and feed and premix for livestock, aquaculture, and pet food are all served by the Nutrition segment. Plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients are among the ingredients and solutions manufactured, sold, and distributed by this segment
• Other business: this includes the company’s remaining operations such as investor services, insurance activities, and more

The company offers dextrose under the nutrition business segment, which is further categorized into human nutrition subsegments. It operates in more than 170 countries and has 44 innovation centers, around 500 crop procurement facilities, and 270 food & feed ingredient manufacturing facilities, where cereals, grains, and oilseeds are processed into products used in the food, beverage, nutraceutical, industrial, and feed sectors. The company has a presence across Europe, Asia Pacific, Africa, South America, and North America. Some of its facilities span six continents:

• Asia Pacific: 8 Innovation Centers, 25 Processing Plants and Procurement Centers
• South America: 5 Innovation Centers, 39 Processing Plants, and 69 Procurement Centers
• Europe, Middle East & Africa: 20 Innovation Centers, 81 Processing Plants, and 114 Procurement Centers
• North America: 29 Innovation Centers, 182 Processing Plants

Ingredion is one of the global ingredient solution providers for industries such as food, beverage, animal nutrition, brewing, and other commodities such as beauty & homecare, paper & corrugation, and biomaterial. The ingredients category offered by the company includes encapsulants and emulsifiers, extracts, fibers, fruits & vegetable ingredient products, functional native starch, modified starch, flours, gums and hydrocolloids, nutritive sweeteners, nonnutritive sweeteners, plant protein ingredients, and starches. The company transforms corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company’s business segments include food, beverages, animal nutrition, brewing, and others. Dextrose products are offered under the food, beverage, and animal nutrition segment. The company sells its products in over 120 countries in North America, South America, Asia Pacific, Europe, and the Middle East. Some of its major subsidiaries are National Starch Food Innovation (US), Pure Circle Limited (UK), Verdient Foods, Inc (Canada), and Penford Corporation (US).

Agrana is a leading sugar, starch, and fruit product manufacturer in Europe. It manages its business through three segments, namely, fruits, starch, and sugar. It is a world leader in the production of fruit preparations and is the largest manufacturer of fruit juice concentrates in Europe. It manufactures specialty flours through its starch segment. It primarily operates in Europe and has its regional brand for dextrose called Dextrodyn and operates through its sugar segment. The non-food sector operations hold its leadership role in specialty starches for the paper, textile, cosmetics, pharmaceutical, and building material industries. Agrana enhanced its production scale and geographical presence through the expansion of an existing facility in Austria. It has a strong geographical presence in major regions such as North America, Europe, and Asia Pacific.

Tate & Lyle is engaged in the manufacturing and marketing of food and industrial ingredients. The company operates through three business segments: food & beverage solutions, sucralose, and primary products. Dextrose is offered through its primary products business segment. It serves a broad range of applications in food & packages, feed, industrials, and pharmaceuticals & personal care. Its products include stabilizing systems, sucralose, alcohol, citric acid, and high fructose corn syrup. The company produces specialty food ingredients that comprise sucralose, starch-based specialty ingredients, and custom blends (food systems). Bulk ingredients include sweeteners, industrial starches, acidulants and ethanol, and co-products. The products of the company are used in various industries, namely, food, beverages, pharmaceuticals, cosmetics, paper, packaging, and feed.

Related Reports:

Dextrose Market by Type (Anhydrous, Monohydrate), Form (Solid, and Liquid), Application (Food & Beverages, Pharmaceuticals, Personal Care Products, Paper & Pulp Products, Agricultural Products), Functionality and Region - Global Forecast to 2027

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