Glucose Syrup Market Overview:
During the projection period of 2022 to 2030, the global market for glucose syrup is anticipated to grow at a CAGR of 5.45% to reach 5.2 billion by volume. The body uses glucose, a simple sugar, as its main source of energy and it is present in all of its systems and functions. Due to its essential role in the sustenance and maintenance of life, glucose is included on the World Health Organization's list of essential medicines.
Europe Glucose Syrup Market stands as a prominent, characterized by a combination of factors such as technological innovation, regulatory frameworks, and shifting consumer preferences. Glucose syrup, valued for its multifunctional properties and wide-ranging applications, plays a crucial role in the region's food and beverage industry, pharmaceuticals, and other industrial sectors. With consumers increasingly opting for natural and clean-label products, glucose syrup serves as a versatile ingredient that meets formulation requirements while addressing health and wellness concerns. Moreover, advancements in processing technologies and sustainable sourcing practices contribute to the growth of the European glucose syrup market. Strategic partnerships between manufacturers, retailers, and regulatory bodies ensure compliance with quality standards and foster market expansion, positioning Europe as a key region shaping the dynamics of the global glucose syrup industry.
Because glucose syrup is concentrated, transportation expenses are lower, leading to efficiency. Another factor influencing the Glucose Syrup Market is the government's support of agriculture, particularly sugar beet and sugarcane farmers. Due to insufficient sugar production from sugar beets due to the situationally increasing demand for glucose syrup, North America and Europe are now net sugar importers. The increase in demand from the food, beverage, and confectionery industries was the cause of the glut. The market is also being driven by the explosive growth of canned and packaged foods.
Other factors influencing the use of glucose syrup include its long shelf life, humectant and preservative properties, nontoxicity, anti-freezing and anti-crystal formation, and glaze generation.
Key Players:
Cargill Inc. (U.S.), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Agrana Group (Austria), Roquette (France), Tate & Lyle plc (U.K.), Grain Processing Corporation (U.S.), and others are the major global Key Glucose Syrup Market Players.
Market Segmentations:
The global Glucose Syrup Industry has been divided into segments based on source, grade, application, and geography to create an aerial picture of the market.
The market has been divided into categories for corn, wheat, barley, potatoes, rice, cassava, and others, according to the source. By source, corn and wheat hold the highest market shares. A CAGR of 5.45% is anticipated for the liquid version of the product.
Based on grade it has been divided into food, pharmaceutical, industrial, and other categories. On basis of shape it has been divided into liquid, granular, and other segments. The market for liquid forms is anticipated to increase at the quickest rate, followed by granular forms.
The division of market on the type of application includes food, beverage, confectionery, pharmaceuticals, and other categories. The market for glucose syrup is anticipated to be dominated by food-based applications.
Related Reports:
Beer Market Research Report Information By Packaging Type (Cans, Botlles), By Category (Alcoholic, Non-Alcoholic), By(Popular Priced, Premium), By Production (Macro Brewery, Microbrewery, Craft Brewery, Others), By Consumer Group (Gen, Gen Z, Millennials, Boomers), By Distribution Channel, (On Premises, Supermarkets & Hypermarkets, Specialty Stores, Online, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Forecast Till 2030
Weinmarktforschungsbericht nach Typ (Rotwein, Weißwein, Roséwein, Sekt und andere), Verpackungsart (Flaschen und Dosen), Vertriebskanal (Gastronomie und Einzelhandel (Supermärkte und Verbrauchermärkte, Fachgeschäfte und andere) und Region (Nordamerika, Europa, Asien-Pazifik und Rest der World) - Prognose bis 2027
種類別(揚げ、焼き、その他)、包装材料別(プラスチック、紙、金属、その他)、流通チャネル別(店舗ベース、非店舗ベース)、および地域別のナチョスの市場調査-2027年までの予測
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