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Dextran is a “complex branched glucan (polysaccharide made of many glucose molecules) composed of chains of varying lengths,” which are used medicinally to reduce blood viscosity and to expand the volume. It was first discovered by Louis Pasteur in wine as a bacterial product, but its use was popularized after further developments by Allene Jeanes. Dextran with varying structures and wide-ranging molecular weights is produced by several microorganisms. It is found in maple syrup, sauerkraut juice, Honey, and refined crystalline sugar. It is commercially produced in industries by fermentation of a sucrose-rich medium. The product yield depends on factors, such as temperature, pH, and nitrogen source. It is used as an anti-platelet to reduce blood viscosity and to treat hypovolemia, which can result from severe burns, trauma or injury, surgery, or some other causes of bleeding.
The financials, including gross profit, overall revenue, sales volume, revenue growth rate, and other key facts and figures, of leading companies in the market, have been examined, analyzed, and presented in the report. The report consists of profiles of these companies, their respective market positions, and strengths and weaknesses of established players as well as new entrants. It also comprises Porter’s Five Forces and SWOT analysis for each company.
Rising demand for dextran in various industries such as pharmaceutical and food is estimated to boost global market growth over the forecast period. Revenue from the global dextran market is projected to register a significantly high growth rate over the forecast period. It is used as a thickener, emulsifier, and stabilizer in these industries. The use of dextran in foods have been popularized in recent years as it is a naturally growing bacterial product and is safe to use in foods and beverages. The growing use of dextran as a drug for hypovolemia treatment is projected to drive market growth over the forecast period.
The global market has a comparatively lesser number of suppliers scattered all over the world. The market faces close competition among the suppliers to capture a higher revenue share of the global market. Pharmacosmos, being the leading supplier of the global market, holds the largest market share. Among the regional markets, the Europe market is estimated to hold the largest revenue share of the global market over the forecast period, owing to the presence of companies such as Pharmacosmos and PK Chemicals in the region. Revenue from the Asia Pacific market is expected to register a significantly high growth rate over the forecast period, due to high demand for dextran in the region.
This report comprises forecasts for the market at the global, regional, and country levels. The report contains an analysis of trends in each segment of the market from 2017 to 2027. For this study, Reports and Data has segmented the global dextran market based on type and application as follows:
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Want to curate the report according to your business needs
Report Description + Table of Content + Company Profiles