In Asia, the trajectory of dextrose prices displayed a medley of patterns across the initial two quarters of 2023. Commencing with an ascension during the first quarter due to the revival of Chinese industries following an extended Covid-19 lockdown, along with festive fervor amplifying consumer demands. Yet, as global markets warmed and supply chains improved, demand slackened, resulting in a descent spurred by normalized crude oil and energy costs. This trend of decline persisted in the subsequent quarter due to mounting inventories and waning demands.
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In Europe, a converse narrative unfolded as dextrose prices steadily receded through the first half of the year, prompted by cost alleviation driven by renewed supply chains and reduced energy expenses following the Russia-Ukraine conflict. Concurrently, North America witnessed a gradual uptake in dextrose prices after an initial stagnation, propelled by the depletion of inventories and subsequent demand resurgence.
Definition
Dextrose, a simple sugar derived from corn or other starches, serves as a primary source of energy for the body. Also known as glucose, it is readily absorbed into the bloodstream and plays a vital role in metabolism, making it a common ingredient in medical solutions, food products, and sports supplements.
Key Details About the Dextrose Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Dextrose in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dextrose Price chart, including India Dextrose price, USA Dextrose price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Dextrose Price Trend:
Dextrose finds key industrial applications across diverse sectors. In the food industry, it acts as a sweetener, binder, and bulking agent. In pharmaceuticals, it’s used in intravenous solutions and tablets. Moreover, it serves as a fermentation substrate in biotechnology and supports energy recovery in athletic and nutritional products.
Key Players:
- Global Sweeteners Holding Ltd
- Roquette Frères SA
- Cargill Incorporated,
- Tate & Lyle PLC,
- Archer Daniels and Midland Company (ADM)
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