Dextrose Prices

Dextrose Prices December 2023

The dextrose prices in the USA for Q4 2023, reached 657 USD/MT in December. The market witnessed a fall in prices due to the availability of surplus quantities due to low product demand both internationally and domestically. The price of dextrose further dropped in the United States because of the declining prices of essential raw materials, such as corn.

The price trend for dextrose in South Korea for Q4 2023, reached 607 USD/MT in December. The Q4 prices of dextrose in South Korea declined because of limited product demand from the downstream sector. The country also experienced a decrease in inflation, which resulted in lower energy prices and production costs, further lowering dextrose prices in the final quarter of 2023.

The price trend for dextrose in Germany for Q4 2023, reached 649 USD/MT in December. In Q4 of 2023, it saw a decrease in price trend because of the presence of extra supply and declining demand from end-use sectors. Also, the country’s economy is going through a mild recession due to decreasing consumer spending and manufacturing activities, which caused a further decline in prices for dextrose.

Dextrose Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dextrose Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dextrose pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dextrose at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dextrose price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dextrose price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dextrose Market Analysis

The global dextrose market size reached US$ 6.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 12.3 Billion, at a projected CAGR of 8.10% during 2023-2032.

• The food and beverage (F&B) industry is embracing dextrose as a sweetening and bulking agent in various products. As the F&B industry is projected to expand throughout the globe, the demand for additives will also witness a surge. For example, Europe witnessed a 21.5% increase in consumer spending on food and drinks. Furthermore, the F&B industry in Europe saw an impressive turnover of Euro 1121 billion in 2022. Beyond this, in India, industry estimates suggest that the food processing sector will be USD 470 billion by FY2025. This positive trajectory in the F&B sector will lead to a surge in demand for dextrose.
• Additionally, consumers are becoming increasingly aware of the negative impact of sugar intake on the body. For example, according to the Health and Nutrition Survey by Euromonitor, nearly 65% of respondents agreed that they need to reduce sugar consumption to improve their diet. Furthermore, in the United States, 62% of Americans believe that their health is more important to them. These upcoming trends suggest that demand for sweeteners like dextrose will see significant growth, as they are considered healthier compared to synthetic sweeteners.
• Dextrose is also becoming increasingly popular in the pharmaceutical sector as a raw material for producing intravenous fluids and oral rehydration solutions. For instance, AdvaCare Pharma is offering dextrose injections in 5%, 10%, and 20% dosage forms to treat dehydration and prevent hypoglycemia. Furthermore, it serves many other applications, such as tablet and capsule diluents, sweetening agents, and tonicity agents.
• The dextrose market share is further reinforced by its utilization in sports nutrition to provide quick energy replenishment. For instance, Steadfast Nutrition offers a dextrose monohydrate-containing sports drink called Snergy, which is suitable for those working atleast 45 minutes. Apart from this, NOW offers a sports dextrose powder, which is made from non-genetically modified organism (GMO) corn and tastes approximately 25% less sweet than cane sugar. Furthermore, the sports and energy drink sector is expected to reach US$ 198.7 billion by 2032, growing at a rate of 6.3% between 2024 and 2032. This upward trend is projected to increase the demand for dextrose in the coming years.

Dextrose News

The report covers the latest developments, updates, and trends impacting the global dextrose market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dextrose production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dextrose price trend.

Latest developments in the dextrose industry:

• In April 2023, Ingredion expanded its pharmaceutical and nutraceutical business in India by acquiring Amishi Drugs & Chemicals (AD&C) and Mannitab Pharma Specialities. This will elevate the Ingredion’s pharmaceutical-grade ingredient portfolio to serve a nearly $1.5 billion global market. The company’s pharma and nutraceutical business offers functional excipients, anhydrous dextrose, and mannitol-based active pharmaceutical ingredients
• In October 2023, ADM and Solugen announced a partnership to meet the demand for sustainable products. Under the agreement, Solugen will build a 500000 sq. ft. biomanufacturing facility next to ADM’s corn complex in Marshall. This will allow Solugen to utilize ADM’s dextrose to expand its current line of lower-carbon organic acids and develop new materials. The initial phase of the project is set to start in the first half of 2025.

Product Description

Dextrose is a type of wheat or corn-based sugar that is used in processed and prepackaged foods. It is chemically identical to glucose, a sugar found in human bloodstream. It is also odorless and white in appearance with a clean, sweet taste. Dextrose comes in monohydrate and anhydrous forms, with varying sweetening properties. It has a high glycemic index, that assists to increase blood sugar levels quickly and provide instant energy.

It is manufactured through different methods like starch hydrolysis and enzymatic conversion of glucose. Dextrose serves as a sweetening agent, pharmaceutical ingredient, fermentation substrate, bulking agent, cryoprotectant, precursor, feed additive, and binding agent in different applications. It is a cost-effective and readily available material that promotes endurance, increases performance, prevents hypoglycemia, and supports electrolyte balance.

Regional Coverage

The report provides a detailed analysis of the dextrose market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dextrose price trend.

Global Dextrose Price

The report offers a holistic view of the global dextrose pricing trends in the form of dextrose price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into dextrose historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into dextrose price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dextrose demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dextrose Price

The European dextrose prices in the fourth quarter of 2023 saw fluctuations because of several influencing factors. Initially, weakened economic conditions and excessive inflation in the region affected the purchasing power of consumers, causing a decline in demand for dextrose. Along with this, the European market faced numerous hurdles in the demand and supply of the product, creating pronounced changes in dextrose prices.

This analysis can be extended to include detailed dextrose price information for a comprehensive list of countries.

North America Dextrose Price

North American dextrose market encountered many fluctuations during the last quarter of 2023. The region had a surplus inventory of dextrose because of declining demand from local and global markets, which caused a dip in prices. The market was also influenced by increasing inflation and potential recession, which created a declining price cut for dextrose up to the conclusion of the quarter.

Specific dextrose historical data within the United States and Canada can also be provided.

Middle East and Africa Dextrose Price

The report explores the dextrose pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dextrose prices for countries can also be provided.

Asia Pacific Dextrose Price

In Asia Pacific, the dextrose market saw a downward trend in prices during Q4 of 2023 due to reduced demand from end use industries. On account of interest rates hikes, consumers in the area continued to remain cautious while making purchases, which reduced the demand for dextrose overall. In addition to this, decreasing energy prices that impact transportation and operating expenses caused South Korea's inflation to decrease, which in turn pushed down the dextrose prices.

This dextrose price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dextrose Price

The analysis of dextrose prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dextrose pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dextrose price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dextrose price charts ensure our clients remain at the forefront of the industry.