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    Glucose Syrup Market

    ID: MRFR/F-B & N/1726-CR
    125 Pages
    Harshita Gorade
    February 2021

    Glucose Syrup Market Research Report Information- by Source (Corn, Wheat, Barley, Potatoes, Rice, Cassava and others), by Grade (Food, Pharma, Industrial and others), by Form (Liquid, Granular and others), by Application (Food, Beverage, Confectionery, Pharmaceuticals and others) and Region - Forecast to 2030

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    Table of Contents

    Glucose Syrup Market Summary

    As per Market Research Future Analysis, the Global Glucose Syrup Market is projected to grow at a CAGR of 5.45% from 2022 to 2030, reaching approximately USD 5.2 billion by 2030. Glucose syrup, derived from the hydrolysis of starches like corn, rice, and wheat, is widely used in the food and beverage industry, particularly in baked goods, confectionery, and frozen desserts. The market is driven by rising demand for convenience foods and sugar substitutes, although challenges such as health concerns related to diabetes and market fragmentation may hinder growth. The COVID-19 pandemic has also impacted consumer behavior and supply chains, but the market is expected to recover and expand in the coming years.

    Key Market Trends & Highlights

    Key trends influencing the glucose syrup market include rising demand in various sectors and regional growth dynamics.

    • Market size is expected to reach USD 5.2 billion by 2030.
    • Europe held the largest market share in 2021, driven by consumer preferences and regulations.
    • Asia-Pacific is projected to exhibit the highest CAGR during the forecast period, fueled by increasing health awareness.
    • The food-grade segment generated the most revenue in 2021 and is expected to grow rapidly.

    Market Size & Forecast

    2022-2030 CAGR 5.45%
    2030 Market Size USD 5.2 billion
    Largest Regional Market Share in 2021 Europe

    Major Players

    Cargill, Archer Daniels Midland Company, Tate & Lyle, Ingredion Incorporated

    Glucose Syrup Market Trends

    The demand for glucose syrup is anticipated to grow as it is increasingly utilized in various food and beverage applications, reflecting a broader trend towards sweeteners that enhance flavor and texture.

    U.S. Department of Agriculture

    Glucose Syrup Market Drivers

    Rising Demand in Food and Beverage Sector

    The Global Glucose Syrup Market Industry experiences a notable surge in demand driven by the food and beverage sector. Glucose syrup serves as a versatile sweetener and thickening agent, utilized in various products such as candies, baked goods, and beverages. As consumer preferences shift towards convenience foods and sweetened beverages, the market is projected to reach 3.68 USD Billion in 2024. This growth is indicative of the increasing reliance on glucose syrup as a key ingredient, suggesting a robust trajectory for the industry in the coming years.

    Market Segment Insights

    By Source Insights

    By Source Insights

    The  glucose syrup market segmentation, based on source, is corn, wheat, barley, potatoes, rice, cassava, and others. The  glucose syrup industry growth was prominently high under the corn category in 2021 and is also expected to rise at the fastest CAGR during the predicted period as Glucose syrup is a sweetening liquid produced by the hydrolysis of glucose molecules; corn is commonly used to produce glucose syrup due to its high starch content. Glucose syrup is used in the production of frozen desserts and sweets. To add sweetness to baked goods, glucose syrup is also employed.

    Glucose syrup is normally fat-free.

    By Application Insights

    By Application Insights

    The  glucose syrup market segmentation, by application, is food, beverage, confectionery, pharmaceuticals, and others. Beverage held the market share in 2021 and is expected to grow at the fastest CAGR. Sugar is an essential component of all wines. Grapes accumulate sugar in the form of glucose and fructose during fermentation. Natural glucose tastes less sweet than wine's fructose. As a result, dextrose syrup is employed in various wines to boost the sweetening effect. During fermentation, dextrose syrup is added, and the stirring speed is adjusted to give the wine a light pinkish tint, making it look appealing.

    This is one of the primary reasons for using dextrose syrup during fermentation.

    By Grade Insights

    By Grade Insights

    By grade, the market is segmented into food, pharma, industrial, and others. The food-grade segment generated the most revenue in 2021 and is expected to expand at the fastest CAGR throughout the forecast period. High demand for sweeteners in confectionery grades, as well as the expansion of the bread industry, are driving category growth. The other two categories are pharmaceutical and industrial. This category has a substantial market share. Fruit drinks and soft drinks include a significant amount of glucose syrup. Furthermore, soft drink consumption has surged fivefold in the last few years.

    This is predicted to have a positive influence on glucose syrup sales.

    By Form Insights

    By Form Insights

    Based on form, the market is segmented into liquid and granular. The liquid category dominated the market in 2021. In the food & beverage industry, liquid glucose or glucose syrups play an important role. Glucose syrups' excellent properties make them a popular ingredient in various food products.

    Global Glucose Syrup Market Share by Region, 2021 (%)

     Glucose Syrup Market Overview, by Region

    By region, the  glucose syrup market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Europe accounted for the most extensive market share. Asia-Pacific will exhibit the highest CAGR during the forecast period.

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    Regional Insights

    Key Companies in the Glucose Syrup Market market include

    Industry Developments

    Future Outlook

    Glucose Syrup Market Future Outlook

    The Global Glucose Syrup Market is projected to grow at a 5.71% CAGR from 2024 to 2035, driven by rising demand in food and beverage applications, health consciousness, and innovative product formulations.

    New opportunities lie in:

    • Develop low-calorie glucose syrup alternatives to cater to health-conscious consumers.
    • Invest in sustainable sourcing practices to enhance brand reputation and meet regulatory demands.
    • Leverage e-commerce platforms for direct-to-consumer sales, expanding market reach and accessibility.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and industry innovations.

    Market Segmentation

    By Form Outlook

    • Liquid
    • Granular

    By Region Outlook

    North America
    • US
    • Canada
    • Mexico

    By Application Outlook

    • Food
    • Beverage
    • Confectionery
    • Pharmaceuticals
    • Others
    • Pharma
    • Industrial

    By Usage By Source Outlook

    • Corn
    • Wheat
    • Barley
    • Potatoes
    • Rice
    • Cassava
    • others

    Report Scope

    Report Attribute/Metric Details
      Market Size   USD 5.2 Billion
      CAGR   5.45% (2022-2030)
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2020
      Forecast Units   Value (USD Billion)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   by Source, Grade, Form, Application, and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Cargill,Archer Daniels Midland Company,Tate & Lyle,Others
      Key Market Opportunities   Higher Demand For Healthier Ingredients, Increase In Scope For Specialty Foods
      Key Market Drivers   Rise In Demand For Bakery Products, Increasing Demand For Beverages

    Market Highlights

    Author
    Harshita Gorade
    Research Analyst

    Harshita Post graduate MBA in Business Administration from Welingkar Institute, Mumbai and 5 years of experience in the field of product market research. As a Research Analyst, I have cross-domain experience in packaging, and industrial Automation & Equipment. I am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at Market Research Future Reports. My responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.

    Get In Touch
    Leave a Comment

    FAQs

    What is the study period of the glucose syrup market report?

    The  glucose syrup market forecast period is 2022 - 2030

    What is the glucose syrup Market Growth rate?

    The market is expected to register a CAGR of ~5.45% over the next ten years, according to  glucose syrup market research

    Which region has the highest market growth rate?

    Asia-Pacific is expected to register the highest CAGR during 2022 - 2030

    Which region has the largest share of the market?

    Europe held the largest share in 2021

    What is the expected glucose syrup market size by 2030?

    The market size is expected to be USD 5.2 billion by 2030.

    Who are the key players in the market?

    Cargill, Archer Daniels Midland Company, Tate & Lyle, and Others are the major companies operating in the market.

    1. '1 Executive Summary
    2. Introduction
      1. Definition
      2. Scope Of The Study
    3. Research Objective
      1. Assumptions
        1. Limitations
      2. Market Structure
    4. Research Methodology
      1. Introduction
      2. Primary Research
      3. Secondary Research
    5. Market Dynamics
      1. Introduction
      2. Drivers
        1. Rise In Demand For Bakery Products
        2. Increasing
    6. Demand For Beverages
      1. Higher Focus On Research And Development
        1. Increase In Usage Across
    7. Various Industries
      1. Restraints
        1. Concentration Of Feedstock
        2. Unused By Products
        3. Regulations
      2. Opportunities
        1. Higher Demand
    8. For Healthier Ingredients
      1. Improvement In Economic Conditions
        1. Increase In Scope For Specialty Foods
      2. Challenges
        1. Increasing
    9. Use Of Sugar Substitutes
      1. Environmental Hazards Due To Industrial Effluents
        1. High Amount Of
    10. Waste Generation
    11. Market Trends
    12. Trends In Supply/Production
      1. Trends In Demand/Consumption
      2. Emerging Markets (Supply & Demand)
      3. Trade (Import-Export)
    13. Analysis
    14. Export Analysis
    15. Import Analysis
    16. Innovations In Product/Process
      1. Macroeconomic Indicator Analysis For Top 4 Glucose Syrup
    17. Market
    18. Pestle Analysis-U.S
      1. Pestle Analysis-India
        1. Pestle Analysis-China
        2. Pestle Analysis-Thailand
    19. Market Factor Analysis
    20. Introduction
    21. Value Chain Analysis
      1. Porter’s Five Forces
        1. Threat Of New Entrants
        2. Threat Of Substitutes
        3. Barganing
    22. Power Of Buyers
    23. Bargaining Power Of Suppliers
      1. Intensity Of Rivalry
      2. Supply Chain Analysis
    24. Global Glucose Syrup Market Overview
      1. Global Glucose Syrup
    25. Market Overview
    26. Global Glucose Syrup Market, By Source
    27. Global Glucose Syrup Market, By Grade
    28. Global
    29. Glucose Syrup Market, By Form
    30. Global Glucose Syrup Market, By Application
      1. North America
    31. Glucose Syrup Market
      1. Europe Glucose Syrup Market
      2. Asia Pacific Glucose Syrup Market
      3. Rest Of The
    32. World Glucose Syrup Market
    33. Competitive Landscape
      1. Introduction
    34. Company Profiles
      1. Cargill Inc. (U.S.)
        1. Overview
        2. Company Snapshot
        3. Product
    35. Portfolio
    36. Recent Developments Of Cargill Inc
      1. Swot Of Cargill Inc
      2. Archer Daniels Midland Company (U.S.)
        1. Overview
        2. Company
    37. Snapshot
    38. Product Portfolio
      1. Swot Of Archer Daniels Midland Company
      2. Tate & Lyle Plc (U.K.)
        1. Overview
        2. Company
    39. Snapshot
    40. Product Portfolio
      1. Swot Of Tate And Lyle Plc
      2. Agrana Beteiligungs-Ag (Austria)
        1. Overview
        2. Company
    41. Snapshot
    42. Product Portfolio
      1. Recent Developments
        1. Swot Of Tate And Lyle Plc
      2. Ingredion, Inc.
    43. (U.S.)
    44. Overview
    45. Company Snapshot
    46. Product Portfolio
      1. Roquette Freres (France)
        1. Overview
        2. Company Snapshot
        3. Product Portfolio
        4. Recent Developments
      2. Grain Processing
    47. Corporation (U.S.)
      1. Overview
        1. Company Snapshot
        2. Product Portfolio
        3. Recent Developments
    48. List of
    49. INNOVATIONS IN PRODUCT/PROCESS IN GLUCOSE SYRUP 30
    50. PESTLE ANALYSIS-CHINA 33
    51. KILO TONS 41
    52. GLOBAL GLUCOSE SYRUP MARKET, BY SOURCE (2024-2030), KILO TONS 42
    53. MARKET, BY GRADE, (2024-2030), KILO TONS 42
    54. KILO TONS 43
    55. GLOBAL GLUCOSE SYRUP MARKET, BY APPLICATION, (2024-2030), KILO TONS 43
    56. SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 44
    57. (2024-2030), BY REGION, KILO TONS 45
    58. BY REGION, KILO TONS 45
    59. REGION, KILO TONS 46
    60. GLOBAL RICE SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 46
    61. SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 46
    62. GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 47
    63. BY GRADE KILO TONS 48
    64. GLOBAL FOOD GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 49
    65. GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 49
    66. GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 50
    67. (2024-2030), BY REGION, KILO TONS 50
    68. KILO TONS 51
    69. GLOBAL LIQUID FORM GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 52
    70. FORM GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 52
    71. SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 53
    72. BY APPLICATION, KILO TONS 54
    73. KILO TONS 55
    74. GLOBAL BEVERAGE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 55
    75. GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 56
    76. (2024-2030), BY REGION, KILO TONS 56
    77. (2024-2030), BY REGION, KILO TONS 57
    78. BY COUNTRY, KILO TONS 57
    79. KILO TONS 58
    80. NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 58
    81. GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 59
    82. BY APPLICATION, KILO TONS 59
    83. U.S. GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 60
    84. (2024-2030), BY FORM, KILO TONS 61
    85. KILO TONS 61
    86. CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 62
    87. MARKET, (2024-2030), BY GRADE, KILO TONS 62
    88. BY FORM, KILO TONS 63
    89. CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 63
    90. SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 64
    91. BY GRADE, KILO TONS 64
    92. MEXICO GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 65
    93. MARKET, (2024-2030), BY APPLICATION, KILO TONS 65
    94. BY COUNTRY, KILO TONS 66
    95. TONS 66
    96. EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 67
    97. MARKET, (2024-2030), BY FORM, KILO TONS 67
    98. BY APPLICATION, KILO TONS 68
    99. KILO TONS 68
    100. NETHERLANDS GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 69
    101. GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 69
    102. BY APPLICATION, KILO TONS 70
    103. ITALY GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 71
    104. MARKET, (2024-2030), BY FORM, KILO TONS 71
    105. BY APPLICATION, KILO TONS 72
    106. TONS 72
    107. GERMANY GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 73
    108. MARKET, (2024-2030), BY FORM, KILO TONS 73
    109. BY APPLICATION, KILO TONS 74
    110. TONS 74
    111. SLOVAKIA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 75
    112. SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 75
    113. BY APPLICATION, KILO TONS 76
    114. KILO TONS 76
    115. REST OF EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 77
    116. GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 77
    117. BY APPLICATION, KILO TONS 78
    118. ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE KILO TONS 79
    119. GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 80
    120. BY FORM, KILO TONS 80
    121. ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION KILO TONS 81
    122. SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 81
    123. BY GRADE, KILO TONS 82
    124. CHINA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 82
    125. MARKET, (2024-2030), BY APPLICATION, KILO TONS 83
    126. BY SOURCE, KILO TONS 83
    127. TONS 84
    128. THIALAND GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 84
    129. MARKET, (2024-2030), BY APPLICATION, KILO TONS 85
    130. BY SOURCE, KILO TONS 85
    131. INDIA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 86
    132. MARKET, (2024-2030), BY APPLICATION, KILO TONS 87
    133. BY SOURCE KILO TONS 87
    134. MALAYSIA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 88
    135. SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 88
    136. BY APPLICATION, KILO TONS 89
    137. SOURCE KILO TONS 89
    138. REST OF ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 90
    139. PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 90
    140. GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 91
    141. SYRUP MARKET, (2024-2030), BY COUNTRY, KILO TONS 92
    142. (2024-2030), BY SOURCE KILO TONS 92
    143. BY GRADE, KILO TONS 93
    144. REST OF THE WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 93
    145. WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 94
    146. SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 94
    147. BY GRADE, KILO TONS 95
    148. BRAZIL GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 95
    149. MARKET, (2024-2030), BY APPLICATION, KILO TONS 96
    150. BY SOURCE, KILO TONS 96
    151. TONS 97
    152. ARGENTINA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 97
    153. SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 98
    154. BY SOURCE, KILO TONS 98
    155. EGYPT GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 99
    156. MARKET, (2024-2030), BY APPLICATION, KILO TONS 100
    157. BY SOURCE, KILO TONS 100
    158. KILO TONS 101
    159. SOUTH AFRICA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 101
    160. GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 102
    161. SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 102
    162. BY GRADE, KILO TONS 103
    163. KILO TONS 103
    164. OTHER COUNTRIES GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS
    165. COMPETIVE LANDSCAPING: GLUCOSE SYRUPMARKET: BY STRATEGY 105
    166. ARCHER DANIELS MIDLAND COMPANY: GLUCOSE SYRUP PRODUCTS 109
    167. GLUCOSE SYRUP PRODUCTS 113
    168. RECENT DEVELOPMENTS 117
    169. RECENT DEVELOPMENTS 120
    170. GLUCOSE SYRUP PRODUCTS 123
    171. List of Figures
    172. OF BAKERY PRODUCTS WORLDWIDE IN 2015, BY COUNTRY (USD BILLION) 19
    173. TRILLION LITRES, 2024-2030 20
    174. GLOBAL GLUCOSE SYRUP MARKET DEMAND TRENDS AND FORECAST (2024-2030) 25
    175. MARKETS (SUPPLY & DEMAND) 26
    176. EXPORT SHARE ANALYSIS, (2024-2030) 27
    177. TREND IN GLUCOSE SYRUP IMPORTS (2024-2030), KILO TONS 28
    178. WORLD GLUCOSE SYRUP IMPORTS GROWTH TRENDS (2011-15), % 29

    Glucose Syrup Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Glucose Syrup Market Research Report - Forecast to 2030 Infographic
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