About Glucose Syrup
Glucose syrup is a sweetening liquid, which is made from corn, rice, wheat, and potato because they are a rich source of starch. Glucose syrup is used for making frozen dessert and candy. Glucose syrup is also used to make baked food items. Glucose Syrup can be preserved for a long period of time due to the increase in the shelf-life. Increasing demand for bakery product and drinks is impacting on the demand od glucose syrup.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market for Glucose Syrup is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Glucose Syrup market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill (United States), Ingredion (United States), Archer Daniels Midland (United States), Roquette (France), Avebe U.A. (Netherlands), Beneo (United States), Tate & Lyle (United Kingdom), Agrana Group (Austria), Grain Processing Corporation (United States), Queen Fine Foods(Australia) and Sunar Misir (Turkey) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Glucose Syrup market by Type (Low Dextrose Equivalent Value and High Dextrose Equivalent Value), Application (Sweetening Agent, Wine and Others) and Region.
On the basis of geography, the market of Glucose Syrup has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Super Markets/Hyper Markets will boost the Glucose Syrup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Intec of Fruit Drinks and Soft Drinks
Market Growth Drivers:
Rising Demand of Bakery Product Worldwide and Increasing Disposable Income among Population Worldwide
Challenges:
Falling Cost due to Extreme Market Fragmentation
Restraints:
High Intake of Glucose Syrup Leads to Many Diseases
Opportunities:
Growth of the Bakery Industry and R&D Investments in Food and Beverages Industries
Market Leaders and their expansionary development strategies
In February 2024, Cargill and food tech leader ENOUGH, which produces fermented protein sustainably, are expanding their current partnership to further innovate nutritious and sustainable alternative meat and dairy solutions consumers crave. Cargill is investing in ENOUGH’s most recent (Series C) growth funding campaign and has signed a commercial agreement to use and market its fermented protein.
On 20 November 2020, Ingredion EMEA is expanding its portfolio of sugar reduction and specialty sweeteners solutions across Middle East and Africa, with the launch of Stablesweet LD low sugar glucose syrup. Derived from corn, the glucose syrup is designed to enable manufacturers to produce shelf-life stable products while reducing sugar content.
Key Target Audience
Glucose Syrup Manufacturer, Distributor, Private Companies, End-User and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.