The global demand for Glucose Syrup Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Glucose syrup, also referred to as confectioner's glucose, is a gluten-free sugar syrup containing over 90% glucose. It is one of the most versatile sugar products used in confectionery, sauces, bakery, beverages, and pharmaceuticals. This syrup is a concentrated solution of dextrose, maltose, and higher saccharides and is obtained by starch hydrolysis. Glucose syrup is added to packaged baked goods, candies, beverages, jams, and sauces to prevent crystallization, preserve the product, and make them sweeter, chewier, and stickier. It is also used in pharmaceutical products to protect their shelf life. Glucose syrup is often part of the mixture used to create fake blood for films and television.
Market Dynamics
The robust demand for sweeteners in the ever-expanding food and beverage industry will be the key driving force for the glucose syrup market. The nontoxicity, anti-crystal, anti-freezing, humectant, and preservative properties will escalate the syrup's demand in manufacturing convenience foods. Rising disposable income coupled with increasing popularity of ice creams, chewing gums, chocolates, and canned foods among youth and adults, will be a market booster. The booming entertainment industry will further propel the market growth as this syrup is used to create fake blood. The restraining factors for this market's growth are the adverse effects of glucose syrup on human health.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of glucose syrup.
Market Segmentation
The entire Glucose Syrup market has been sub-categorized into grade, application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Grade
By Application
- Sweetening Agent
- Wine
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for glucose syrup market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Glucose Syrup Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glucose syrup market include Luke's Organic, The Coca - Cola Company, PepsiCo Inc., Danone S.A., Tyrells Potato Crisps Limited, Steric Trading Ptv. Ltd., Lucozade Ribena Suntory, Rhythm Superfoods, Kettle Foods Inc., Green Mills Inc.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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