Dextrose monohydrate has a molecular formula of C6H12O6 · H2O and a molecular weight of 198.17. It is a white granular powder with a sweet taste, a density of 1.56g/cm3, a melting point of 146 ℃, and a flash point of 224.6 ℃.
Overview of Market Development
In recent years, with the increasing awareness of public health, people's pursuit of healthy diet and lifestyle has become increasingly strong, which has promoted the extensive application of dextrose monohydrate in functional and health drinks, and has led to the continuous expansion of the dextrose monohydrate market.
According to our research data, the estimated revenue of the global dextrose monohydrate market in 2024 is $5014 million, an increase of 2.12% compared to 2023, and is expected to continue to increase to $5628 million by 2029. The CAGR for 2024-2029 is estimated to be 2.34%.
Segmented Market Analysis
From the perspective of product types, dextrose monohydrate can be divided into two categories: food grade and medical grade, depending on the purpose and quality standards. Among them, food grade dextrose monohydrate is used as a sweetener in the food processing industry and vegetable preservation industry; Medical grade dextrose monohydrate is used as a raw (auxiliary) ingredient for oral medicine. Research shows that food grade dextrose monohydrate dominates the market, with an expected market revenue share of 87.31% in 2024.
From the perspective of downstream application patterns, dextrose monohydrate is widely used in various fields such as convenience foods, confectionery, beverages, baked goods, and medical. Among them, the convenience food industry is the largest downstream application market, with an estimated application share of 29.70% in 2024.
Global Dextrose Monohydrate Market Revenue Forecast and Market Segment Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions
From a regional perspective, the global dextrose monohydrate market is dominated by three major regions: North America, Europe, and Asia Pacific. Among them, the Asia Pacific region is the largest revenue market. Data shows that the estimated revenue of the dextrose monohydrate market in the Asia Pacific region in 2024 is $1647 million, with an estimated revenue share of 32.85%; The North American and European markets are expected to rank second and third with revenue shares of 32.71% and 29.45%, respectively.
Global Dextrose Monohydrate Market Revenue and Revenue Share by Region Forecast in 2024
Regions
|
Market Revenue (Million USD)
|
Revenue Share
|
North America
|
1640
|
32.71%
|
Europe
|
1476
|
29.45%
|
Asia Pacific
|
1647
|
32.85%
|
South America
|
139
|
2.77%
|
Middle East & Africa
|
112
|
2.23%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Dextrose Monohydrate Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".