Fructose Market Size

Global Fructose Market Overview

Fructose Market Size was valued at USD 8.54 billion in 2021. The Fructose industry is projected to grow from 2022 to USD 11.54 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.46% during the forecast period (2022 - 2030). Increasing Awareness Of Sugar Substitutes Among Consumers and wider application areas to enhance the market growth across the global market during the forecast period.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Market Trends

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  Increased Awareness Of Consumers Toward Sugar Substitute

  
  

The health consciousness of consumers has been increasing over the years, leading to a greater demand for sugar substitutes. Fructose, a natural sugar found in fruits, is one such substitute that is gaining popularity due to its low-calorie content and sweet taste. With increased awareness of consumers towards sugar substitutes, the use of fructose as a substitute has also increased significantly. Fructose can be used in many different ways as a substitute for sugar. It can be used to sweeten drinks, desserts, and even savory dishes like salads and soups. It also has several health benefits such as aiding digestion and reducing cholesterol levels. As more people become aware of the potential benefits of fructose, its use as a sugar substitute is likely to increase further in the future.

Moreover, With the rising awareness of health consciousness, consumers are increasingly becoming aware of the risks of consuming too much sugar. This has led to a decline in cases of sugar consumption and an enlarged utilization of fructose as a substitute. Fructose is a natural sweetener that is found in fruits and vegetables, and it has been gaining popularity as an alternative to sugar due to its low glycemic index. It is also known to be healthier than other sweeteners such as high-fructose corn syrup or artificial sweeteners. The use of fructose as a substitute for sugar has been increasing steadily over the past few years, with more people becoming aware of its health benefits. This trend is likely to continue in the future, as more people become conscious about their health and nutrition choices.

Fructose Market Segment Insights

Fructose Source Insights

The Fructose Market segmentation, based on Source, includes Sugarcane, Sugar Beet, Corn, and Others. The Corn segment held the majority share in 2021 with respect to the Fructose Market revenue. Corn is one of the major sources used in the preparation of high fructose corn syrup and is manufactured from corn starch which gets converted to glucose that is then partially hydrolyzed to fructose. The enzymes including isomerases and tetrameric metalloenzymes are used in industries for corn-based fructose manufacturing. The manufacturing of fructose from corn involves milling of starch, liquefication, filtration & decolorization, isomerization, filtering & refining, and evaporation. High fructose corn syrup has several health implications like diabetes, obesity, cardiovascular diseases, dyslipidemia, etc. which have been impacting the growth of the segment negatively.

Figure 1: Fructose Market, by Source, 2021 & 2030 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Product Insights

The Fructose Market segmentation, based on product, includes High Fructose Corn Syrup, fructose syrup, and fructose solid. The High Fructose Corn Syrup segment held the majority share in 2021 with respect to the Fructose Market revenue. High fructose corn syrup (HFCS), a liquid sweetener is one of the most commonly used fructose ingredients that are available in various levels of fructose content of 42%, 55%, and 90% referred to as HFCS 42, HFCS 55 and HFCS 90, respectively. The remaining content of HFCS is made up of glucose, thus it is also alternatively referred to as fructose-glucose syrup. Out of all the isoglucose syrups, HFCS 55 is one of the most commonly used, with major applications in soft drinks. The least sweet glucose-fructose syrup, HFCS 42, finds its application in baked goods and fruit-flavored non-carbonated beverages.

Figure 1: Fructose Market, by Product, 2021 & 2030 (USD Million)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Form Insights

The Fructose Market segmentation, based on form, includes Powder, and Liquid. The Liquid segment held the majority share in 2021 with respect to the Fructose Market revenue. One of the major factors driving the growth of the liquid fructose market is the increasing demand for liquid food products. Liquid fructose consists of high fructose corn syrup and fructose syrup. The liquid form has higher moisture content than the powder form at a range of 22% to 24%. It also has a lesser fructose content approximately a minimum level of 92.5%. Whenever the liquid form is used in many applications, the water content needs to be altered accordingly as they add additional water to the product through its moisture content. Compared to the powder form the liquid form has easy mixability in beverage products.

Figure 1: Fructose Market, by Form, 2021 & 2030 (USD Million)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Application Insights

The Fructose Market segmentation, based on application, includes Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, and Others. The Food & Beverages segment accounted for a higher market share in 2021 and Pharmaceutical is expected to witness the highest CAGR. The food & beverage sector is the leading user of fructose in various products. Sugars are one of the key ingredients of a range of food & beverage products and have several properties including palatability, flavor, texture, mouthfeel, volume, color, etc. making them an indispensable part of product development. Fructose similar to sugar plays several roles in food & beverage products’ physical and Surreal characteristics including freezing-point depression, humectant, and sweetness among other attributes. Fructose as a sweetener also helps in balancing the off flavors. One of the key characteristics that make it widespread use in food & beverage product is the low GI implying it does not spike insulin levels in the blood.

Figure 2: Fructose Market, by Application, 2021 & 2030 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Distribution Channel Insights

Based on distribution channels, the global fructose industry has been segmented into Online, and Offline. Offline held the largest segment share in 2021 and Online is expected to grow at the fastest CAGR. Offline sales channel refers to traditional brick-and-mortar retail sales and business-to-business transactions. Fructose is majorly used by various industrial manufacturers including food & beverages, pharmaceutical, cosmetics & personal care industries among others and it is also used by some bakery retailers. Trade of fructose between these manufacturers and fructose ingredient suppliers is considered a business-to-business transaction. The growing government’s and regulatory bodies' initiatives like the sugar tax, front-of-the-package labeling, etc. to reduce sugar consumption across the globe are driving the demand for fructose ingredients among food & beverage manufacturers which are anticipated to drive the growth of the segment. Also, the use of fructose in domestic cooking and baking is driving the growth of the segment comprising supermarkets, hypermarkets, convenience stores, and grocery stores.

Figure 3: Fructose Market, by Distribution Channel, 2021 & 2030 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Fructose Regional Insights

North America, Europe, Asia-Pacific, and the Rest of the World are the regions into which the study divides the market.  Asia Pacific Fructose market accounted for the largest market share at 36.66% in 2021 and is expected to exhibit a fastest-growing 4.26% CAGR during the study period. The growth of the Fructose market in Asia-Pacific can be attributed to the consumers are shifting to healthy lifestyle habits, the article further elaborated that the survey conducted among Singapore consumers has highlighted that around 66.67% of them are inclined towards adopting a healthier lifestyle and consumption habits. This trend is further fueled by the outbreak of the COVID-19 pandemic, making consumers conscious of the ingredients in food and drink products. Moreover, China Fructose market held the largest market share, and the India Fructose market was the fastest-growing market in the Asia-Pacific region.

Further, the major countries studied are: The U.S, Canada, Mexico, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Argentina, and Brazil.

Figure 3: FRUCTOSE MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America Fructose market is the second-largest market share and is expected to grow at a CAGR of 2.70% from 2022 to 2030. Centre for Disease Control and Prevention data highlights that presently an average American adult man consumes nineteen teaspoons of sugar, whereas an average woman consumes fifteen teaspoons of sugar and excessive sugar consumption has resulted in several diseases including weight gain and obesity, type 2 diabetes, high blood pressure, and tooth decay. Given the above-stated factors, many states in the US have implemented several steps like the sugar tax; National Salt and Sugar Reduction Initiative; National Strategy on hunger, nutrition, and health; etc. which have made the food and beverage manufacturers reduce the sugar levels in the products. This is expected to drive the growth of the fructose market in the region. The region is also witnessing a growing demand for fructose from the personal care industry. Further, the U.S. Fructose market held the largest market share, and the Canada Fructose market was the fastest-growing market in the North America region

The Europe Fructose Market accounts for the market share and is expected to grow at a CAGR of 3.53% from 2022 to 2030. The growth of the Fructose market in Europe can be attributed to the widely used as a sweetener and a source of energy in the food and beverage industry. It is used in the production of confectionery, dairy products, and beverages. Additionally, fructose is used in the production of various pharmaceutical products, including intravenous solutions, tablets, and syrups. It is also used in the production of diagnostic products such as fructose meters and test strips. Further, the Rest of Europe Fructose market held the largest market share, the Germany Fructose market held the second-largest market share, and is the fastest growing market in the European region.

Fructose Key Market Players & Competitive Insights

The major market companies are investing a lot of money in R&D to expand their product offerings, which will spur further growth in the fructose industry. In order to increase their investments and strengthen their worldwide presence, market participants are also releasing new items, signing contracts, buying businesses, raising investments, and working with other organizations. Competitors in the Fructose industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the global fructose industry to benefit clients and expand the fructose market sector is to manufacture locally to reduce operating costs.

Key Companies in the Fructose market include

• Cargill, Incorporated (US),


• Ingredion Inc. (US),


• Tate and Lyle (UK),


• Archer Daniels Midland Company (ADM) (US),


• Südzucker AG (Germany),


• Global Sweeteners Holdings Limited (Hong Kong),


• Roquette Freres (France),


• Galam Ltd (Israel),


• Shijiazhuang Huaxu Pharmaceutical Co., Ltd (China),


• NOW Foods (US), among others

Fructose Industry Developments

December 2022: ADM made investments to considerably increase starch production at its Marshall, Minnesota, facility in order to fulfill the rapidly increasing demand from the food and beverage industries and to support the ongoing growth of the business's BioSolutions platform.

September 2022: Cargill opened a maize wet mill in Pandaan, Pasuruan, Surabaya in an effort to address the rising demand for feeds, sweeteners, and starches in Asia and Indonesia. The local economy is anticipated to gain from the construction of this US$100 million facility, which is estimated to generate up to 4,000 new jobs and employment possibilities and support the growth of Indonesia's food and beverage sector. The expansion further helps in the growing footprint of the business.

May 2022: New Customer Innovation and Collaboration Centre opened by Tate & Lyle in Chile. The company's growth in Latin America is aided by this expansion.

Fructose Market Segmentation

Fructose Source Outlook

• Sugarcane


• Sugar Beet


• Corn


• Others

Fructose Product Outlook

• High Fructose Corn Syrup


• Fructose Syrup


• Fructose Solid

Fructose Form Outlook

• Powder


• Liquid

Fructose Application Outlook

• Food & Beverages


• Pharmaceutical


• Cosmetic & Personal Care


• Others

Fructose Distribution Channel Outlook

• Online


• Offline

Fructose Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America