Global Pharmaceutical Grade Glucose Market Size, Share, and Trends Analysis Report, By Type (API Grade, Excipient Grade, and Others), and By Application (Parenteral Nutrition, Dialysis Application, and Injectables), Forecast (2022-2028)

The pharmaceutical grade glucose market is anticipated to grow at a significant CAGR of 3.2% during the forecast period (2022-2028). Pharmaceutical grade glucose is a high-purity substance used to make tablets, capsules, and other dosage forms. It is also used in food as a sweetener and flavouring ingredient. Pharmaceutical grade glucose satisfies the quality and performance standards of pharmacopoeias. It comes in a variety of grades, including extra pure, ultra-pure, and purified forms. The major factor driving the growth of the global pharmaceutical grade glucose market includes the increasing usage of pharmaceutical grade glucose in the manufacturing of medicines and syrups.

The global pharmaceutical grade glucose market is segmented based on type and application. Based on type, the market is sub-segmented into API grade, excipient grade, and others. Based on application, the market is sub-segmented into parenteral nutrition, dialysis application, and injectables. Among these applications, the parenteral nutrition segment is expected to propel the growth of the market due to the increasing usage of glucose in the manufacturing of medical injections. For instance, paracetamol syrup and simple linctus medicines are prepared with the use of pharmaceutical grade glucose.

The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Vishwaraj Sugar Industries Ltd. announced that it would use its patented technology to make pharmaceutical grade glucose. The corporation boasts a state-of-the-art R&D center with cutting-edge technology. This pharma grade glucose is now being supplied to prominent pharmaceutical firms in India, with intentions to export it all around the globe. It has also started producing refined grade sugar, which meets the requirements of IS 1151, 2021 version. In Karnataka, the company has also put-up development plans of $32.6 million for the construction of a greenfield sugar mill and a distillery.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Cargill India Pvt. Ltd., Archer Daniels Midland Co., Ingredion Inc., Tereos India Pvt. Ltd., Roquette Freres SA, and Qinhuangdao LiHua Starch Co. Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Pharmaceutical Grade Glucose Market Report by Segment

By Type

• API Grade
• Excipient Grade
• Others

By Application

• Parenteral Nutrition
• Dialysis Application
• Injectables

Global Pharmaceutical Grade Glucose Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa