dextrose

The latent demand for dextrose monohydrate, dextrose anhydrous, and corn syrup sweeteners is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market. In calendar 1990, U.S. production of glucose syrup and dextrose together totaled 3.63 million short tons, dry basis.(3/) This compares with calendar 1990 U.S. production of 6 million short tons of cane and beet sugar, refined basis, and 6.2 million short tons of HFCS. Glucose syrup and dextrose for domestic nonfood, food, and beverage use totaled 3.52 million short tons in 1990 of which nonfood use accounted for 15 percent; beverage use, also 15 percent; and food use, 70 percent. China is also a leading producer of dextrose products.