Industry Background:
Corn sweetener is syrup which is also called as High Fructose Corn Syrup (HFCS), it is a sweetener made from corn starch (Maize).Corn Sweeteners also known as corn syrup or glucose syrup used in confectioners, in foods to soften texture, add volume, prevent crystallization of sugar, and enhance flavour cookies, catsups, cereals, flavoured yogurts, ice cream, preserved meats, canned fruits and vegetables, soups, beers, and many more. It is used for different recipes like sweetened juices, processed desserts, packaged fruits, crackers, Condiments and salad dressings, Granola and nutrition bars, Peanut and other nut butters, some bread and wheat.As the taste buds of upcoming generation is more open for fast food and processed food there is high demand of different syrups, sauces and sweeteners.
According to AMA Research, the market for Corn Sweetener is expected to register a CAGR of 3.0% during the forecast period to 2030. This growth is primarily driven by Highly used in Providing Texture, Browning, Stability, Consistency, Baking
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Archer Daniel Midland Company (United States), Cargill (United States), Ingredion (United States), Tate & Lyle (United Kingdom), Global Sweeteners Holdings Limited (China), Karo syrup (United States), Bakersville (India), Raab vital food (Germany), ACH foods (United States) and Conagra Brands (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2023, Ingredion announced a partnership with DuPont de Nemours to develop a new, low-calorie sweetener derived from corn [Source]. This collaboration aims to create a next-generation sweetener option for the food and beverage industry.
In February 2024, ADM launched a new line of stevia leaf extracts called "Avalon® Allulose Series" [Source]. Allulose is a naturally occurring sweetener with a similar taste to sugar but fewer calories. This launch signifies ADM's diversification beyond traditional corn sweeteners.The change in taste buds of the new generation with fast food and processed food there is high demand of different syrups and sweeteners such as corn and many more in market. The companies are trying more new products and unique taste is key for taking over market the competition is rising due to variety of products are available in market which may convince the companies to merger and acquire the firms.
Regulatory Insights:
The FDA classifies high-fructose corn syrup, sucrose, and other sugars as "generally recognized as safe," or “GRAS" in agency parlance. To be GRAS, there must be a scientific consensus that the ingredient is safe at the levels consumed. After so many queries related corn sweetener the US FDA given green signal to corn sweeteners but kept condition for restricted usage.
Influencing Trend:
Growing Use as Alternative To Sugar Syrup and Rising use in Many Food Products Due To High Fructose Level
Market Growth Drivers:
Highly used in Providing Texture, Browning, Stability, Consistency, Baking and Easily Available in Market
Challenges:
Highly Banned in some countries due to negative effects and Increasing Risk Of Type 2 Diabetes
Restraints:
Problems like Tooth Decay, And Metabolic Syndrome can Occur When A Person Consumes It In Large Quantities and Can Caused Obesity And Weight Gain
Opportunities:
Increasing Demand For Fast Food Due To Hectic Lifestyle and Processed Food Are On High Demand
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Corn Sweetener Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Corn Sweetener Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Corn Sweetener players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Corn Sweetener Study Sheds Light on
The Corn Sweetener Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Corn Sweetener industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Corn Sweetener industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.