High- fructose corn syrup is widely used as a sweetener in the processed foods. They are made from corn starch. They are similar to the sugar and are widely used in fruit flavored drinks and sodas. This syrup is made of both glucose and fructose. The corn is first blended to produce corn starch, which is then further processed to produce corn syrup. To make them taste similar to sucrose, then the small amount of glucose which is present in the corn syrup in changed into enzymes. High fructose corn syrup consists of 24% of water and is in liquid form. HFCS 42, HFCS 55 and other are some of the common types of the high fructose corn syrup. As they are similar to the normal sugar, excess HFC syrup can cause many health problems such as obesity, diabetes, bloating & gas and other.
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Some of the factors responsible for the growth of this market are as follow:
The global high fructose corn syrup market is segmented on the basis of type as HFCS 42, HFCS 55, & others and application as food & beverages, pharmaceutical, & others.
Key Market Scenario:
“According to Data Bridge Market Research, global high fructose corn syrup market is expected to register a steady CAGR of 4.31% in the forecast period of 2019-2026”
Few of the major competitors currently working in the global high fructose corn syrup market are Archer Daniels Midland Company; Cargill, Incorporated; Global Sweeteners Holdings Limited; Ingredion Incorporated; Showa Sangyo Co., Ltd.; Tate & Lyle; Kerry Inc.; JAPAN CORN STARCH CO., LTD.; Roquette Frères; DAESANG Corporation; HUNGRANA KFT.; Baolingbao Biology Co., Ltd.; Sinofi Ingredients and Kasyap among others.
HFCS are widely used in many products because they have the ability to improve the food quality, taste, texture, and color. They are cost effective as compared to the table sugar which is the reason they are highly in demand by the manufacturers. It is easy to maintain and cost less manufacturing cost. These are some of the factor due to which they are facing demand in the market.
Global High Fructose Corn Syrup Market – Industry Trends and Forecast to 2028