Project report for Glucose

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The Indian Glucose Market has its demand across varied industry verticals such as food and beverages, pharmaceutical, cosmetic and personal care, and pulp and paper. It acts as a flavor enhancer, stabilizer, texture enhancer, humectants, adjuncts, preservative, and coating and bulking agent. One of the major properties of glucose is to prevent the crystallization of sugar molecules in confectionaries.The expanding applications of glucose or dextrose in the end-use market are the primary factor bolstering its demand. The increasing demand for bakery and confectionery products due to changing food habits coupled with the growing urbanization, as well as an increasing number of women in bakery products manufacturing is majorly supporting market growth. 

Glucose, also known as dextrose, is a natural sugar that is chemically similar to glucose. If given in adequate doses, dextrose can reduce body protein and nitrogen losses, promote glycogen deposition, and reduce or prevent ketosis. Dextrose is normally metabolized to carbon dioxide and water, so giving someone a dextrose and water solution is a good idea. It is the same as giving away the same amount of free water. Dextrose is easily metabolized and provides calories while also increasing blood glucose levels. If given in adequate doses, dextrose can reduce body protein and nitrogen losses, promote glycogen deposition, and reduce or prevent ketosis. It is used for regulating body fluid and is injected into the human body to stabilize body fluid and restore the human being's fatality as well as the inside body pressure. Electrolyte metabolism and treatment of discarded water, particularly in severe cases.

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Market potential & Strategy

The glucose, dextrose, and maltodextrin market estimated at INR 25,53,95,98,57,500 in 2020. It is projected to reach INR 38,43,16,50,07,500 by 2024, at a CAGR of 7.0% from 2020, in terms of value. The market is driven by the increase in demand from the beverage industry, intense research & development activities, and increase in demand for convenience foods. The demand for glucose, dextrose, and maltodextrin in the food & beverages segment, is expected to witness significant growth in the near future, as major food & beverage companies are expected to increase the application of glucose, dextrose, and maltodextrin due to their multiple benefits, including their role as sweeteners, binders, emulsifiers, and thickening agents. However, growth in demand for gums as an alternative to glucose, dextrose, and maltodextrin restrains market growth. Glucose is primarily used along with sugar as it exhibits complimentary characteristics to natural sugar such as preventing sugar from crystallizing, reducing stickiness of sugar, and retention of extra moisture. Glucose is extensively used as an additive in pharmaceuticals and nutrition foods owing to its high energy content. Over the past few years, there has been an increasing use of glucose in the form of tablets or medicine for patients having low blood sugar. Growth of the pharmaceutical industry is expected to augment demand for glucose market over the forecast period. Glucose is used in a wide range of applications including food & beverage, pharmaceutical, cosmetics and paper-making. Food & beverages was the largest market for glucose over the past few years and the trend is anticipated to continue over the forecast period on account of growing demand for bakery goods and confectioneries. Increasing demand of energy drinks which contains a significant amount of glucose on account of maintaining a healthy lifestyle also has been the reason for this rapid growth rate in the food & beverage sector.

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