Glucose Industry Overview
The glucose (dextrose) market is highly competitive at the global level. The major players operating in the country, such as Cargill Incorporated, Archer Daniels Midland Company, Tereos SA, Wilmar International Limited, and Louis Dreyfus Holding BV, have strengthened the market through their product offerings. The major global players have vast product lines and geographical reach, which give them an upper hand. In the recent past, continuous product innovations with functional benefits have been the key competitive factor in the market. Key global players have intensified their R&D efforts to develop niche and innovative products based on the end-user industry's requirements. Tate & Lyle, one of the prominent players in the market studied, spent EUR 41 million on research and development in 2021, whereas Tereos SA spent EUR 17.2 million on R&D during 2021-2022.
Glucose Market Leaders
-
The Archer Daniels Midland Company
-
Cargill, Incorporated.
-
Tereos S.A.
-
Wilmar International Limited
-
Louis Dreyfus Holding B.V.
- *Disclaimer: Major Players sorted in no particular order
