Glucose Syrup Market Share and Forecast to 2025
Posted by shanigaram karthik on February 13th, 2020
The global Glucose syrup market is estimated to reach an annual compound rate of xx% between 2020 and 2025. Due to its long shelf life, non-toxic humectants, anti-crystals and antifreeze (elements that retain moisture and freshness) and conservation properties, the demand for glucose syrup is increasing.
Glucose syrup is a liquid that is produced after the hydrolysis of glucose molecules, usually wheat, corn, potatoes and rice. This syrup is used to prepare frozen desserts, sweets and baked goods to add sweetness. This type of syrup does not contain fat and contains a lot of calories. In addition, glucose syrups made from corn starch contain small amounts of zinc, thiamine and calcium. Glucose sugar is also used in beer production and as an ingredient in homemade ice tea or lemonade drinks.
The growing demand for baked goods such as waffles, pancakes, etc., is a crucial factor to boost the growth of the global glucose syrup market. Increasing consumer awareness related to the health benefits of the consumption of glucose syrup is another element that is expected to boost growth in this market in the coming years. Also, the increased use of glucose syrup to make candy that helps prevent crystallization is likely to lead to the growth of the world market. Increasing the adoption of glucose syrup in baked goods does not affect the appearance and improves moisture retention, keeping baked goods fresh. The increasing use of glucose syrup in confectionery preparations to prevent rough texture is supposed to support the growth of the global glucose syrup market.
Foods that contain glucose syrup are not relatively healthy, so people gain weight in a short time. When people consume glucose syrup, the body secretes more insulin, causing many diseases.
The glucose syrup market is classified by grade into food and pharmaceuticals. The high demand for sweeteners and the growth of the bakery industry are crucial to the growth of the food segment.
The global glucose syrup market is classified according to the application as sweetening agents, wine and more. Wine occupies most of the market as sugar is an essential ingredient in them.
The North American glucose syrup market is expected to occupy a high sales quota in the next decade. The increase in the consumption of prepared beverages and the demand for sweets, bakery products and desserts in the region is expected to boost growth in the North American market.
The Asia-Pacific glucose syrup market is foreseen to record profitable growth during the forecast period. The European market is projected to register steady growth in the coming years as the command for bakery products increases.
The main company in the global market is the Agrana Group. Cargill, Inc; Abbe U.A; Archer Daniels Midland; Baker's Kitchen; Beneo Ingridiano; DGF service; Expensive syrup; Grain Processing Corporation; Dr. Oetker; L 'Epicerie; Rocket Freres; Queen Fine Foods; Tate and Lyle.
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Joined: June 19th, 2019
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