In Asia, dextrose monohydrate prices forecast displayed a varied trajectory across both quarters of 2023. The initial quarter saw a rise, driven by increased demand from sweetening and food industries due to China's Lunar New Year. However, prices fell during the second quarter due to accumulating inventories. European prices were predominantly influenced by production and energy costs linked to the Russia-Ukraine conflict and Chinese supply chain disruptions. Stabilized costs, improved feedstock availability, and enhanced trade routes contributed to declining prices. In North America, high inventory levels led to low prices in Q1, followed by an increase as stocks cleared in Q2.
Definition
Dextrose Monohydrate, also known as glucose monohydrate, is a crystalline form of glucose, a simple sugar. It is commonly used in the food and pharmaceutical industries as a sweetener, carbohydrate source, and stabilizing agent. Dextrose Monohydrate is easily soluble in water and is often used to enhance the sweetness and texture of various food products, including beverages, confectionery items, and baked goods. In the pharmaceutical field, it can be utilized as an excipient in tablet formulations and as a source of energy in intravenous fluids.
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Key Details About the Dextrose Monohydrate 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 the Dextrose Monohydrate 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 Monohydrate Price chart, including India Dextrose Monohydrate price, USA Dextrose Monohydrate 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 Monohydrate Price Trend:
Dextrose Monohydrate serves pivotal roles across industries. In the food sector, it acts as a sweetener and texturizer, enhancing the taste and quality of beverages, confectionery, and baked goods. In pharmaceuticals, it's utilized as a carbohydrate source and excipient in tablet formulations, and in intravenous fluids to provide energy.
Key Players:
- Cargill Incorporated
- Roquette Frères SA
- Tereos SA
- Australian Food Ingredient Suppliers Pty Ltd (AFIS)
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