Global Glucose Syrup Market, By Source (Corn, Wheat, Barley, Potatoes, Rice, Cassava and Others), Grade (Food, Pharmaceuticals, Industrial and Others), Form (Liquid, Granular and Others), Application (Food and Beverages, Confectionery, Pharmaceuticals and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Glucose Syrup Market
Data Bridge Market Research analyses that the global glucose syrup market will project a CAGR of 4.50% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, surging demand for packaged and convenience food and beverage items, rising consumer consciousness towards high quality and nutritional food products, surging demand for dextrose and malto-dextrin as a nutritional supplement and increasing personal disposable income by the major companies are the major factors attributable to the growth of glucose syrup market.
Glucose syrup is a sweetener and is rich in starch. Glucose syrup is extracted using hydrolysis of glucose molecules. Glucose syrup contains large amount of calories and includes small amounts of minerals like zinc, magnesium, thiamine and calcium. Therefore, glucose syrup is used in the making of frozen desserts and other sweet food and beverage items.
Rising population and surge in the demand for snacks such as ready-to-eat, frozen and packaged foods are the major factors fostering the growth of the glucose syrup market. Changing and evolving lifestyle, growth in the penetration of e-commerce platforms especially in the developing economies, growing demand for sweeteners, binders, emulsifiers, and thickening agents and rising focus of the manufacturers on the deployment of advanced technologies are other important factors acting as glucose syrup market growth determinants. Rising expenditure to undertake research and development proficiencies, increasing demand for glucose syrup by pharmaceuticals industry, rising consumption of ice creams and chocolates especially in the emerging economies will further induce growth in the glucose syrup market value.
However, growing consumption of gums as an alternative to glucose, dextrose, and malto-dextrin will pose a major challenge to the growth of the glucose syrup market. High costs associated with the research and development proficiencies and will also hamper the glucose syrup market growth rate. Stringent monitoring regulations imposed by the government will yet again derail the glucose syrup market growth rate. Side effects on the excessive consumption of glucose syrups will also act as glucose syrup market growth restraint.
This glucose syrup market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on glucose syrup market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glucose Syrup Market Scope and Market Size
The glucose syrup market is segmented on the basis of source, grade, form and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the global glucose syrup market is segmented into corn, wheat, barley, potatoes, rice, cassava and others.
- On the basis of grade, the glucose syrup market is segmented into food, pharmaceuticals, industrial and others.
- On the basis of form, the glucose syrup market is segmented into liquid, granular and others.
- On the basis of application, the glucose syrup market is segmented into food and beverages, confectionery, pharmaceuticals and others.
Glucose Syrup Market Country Level Analysis
The glucose syrup market is analyses and market size, volume information is provided by country, source, grade, form and application as referenced above.
The countries covered in the glucose syrup market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the glucose syrup market and will continue to during the forecast period owing to the growing demand for ready-to-eat food and beverage items among individuals. Asia-Pacific is set to undergo substantial gains and score the highest CAGR for this period owing to the growth and expansion of food and beverages industry, ever-rising population base in this region and increasing need for a sugar replacement in this region.
The country section of the glucose syrup market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glucose Syrup Market Share Analysis
The glucose syrup market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glucose syrup market.
The major players covered in the glucose syrup market report are AGRANA Beteiligungs-AG, Ingredion., ADM, Tate & Lyle, Cargill, Incorporated, Roquette Frères, Grain Processing Corporation, Avebe, TEREOS, Global Sweeteners Holdings Limited., Emsland Group, The Baker’s Kitchen, BENEO, DGF SERVICE LTD, ACH FOOD Companies, Inc., Dr. August Oetker Nahrungsmittel KG, L'Epicerie., Dr Oetker Queen Australia, COFCO and Luzhou Bio-chem Technology ( Shandong ) Co., Ltd. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.