Global Glucose Syrup Market Information- by source (corn, wheat, barley, potatoes, rice, cassava and others), by grade (food, pharma, industrial and others), by form (liquid, granular and others), by application (food, beverage, confectionery, pharmaceuticals and others) and by Region Forecast to 2022
Pune, Maharashtra -- (SBWIRE) -- 05/02/2017 -- Market Research Future published a cooked research report on the global glucose syrup market has been projected to grow over 3.6% post 2022.
The market data and market information presented through market data tables and figures spread over 125 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Glucose Syrup Market Research Report - Forecast to 2022".
The market share for glucose syrup has been escalating based on the increasing usage of the product across various industries. The high self-life of the product is a result of wide focus on research and development sector across various food and beverage industries. The equivalent sweetness as table sugar and usage in lesser quantity has increased the popularity of glucose syrup globally. Hence, the global market for glucose syrup has witnessed continued demand during the last few years and is projected to reach 29,888 kilo tons by 2022, at a CAGR of 3.6% from 2016 to 2022.
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The application of glucose syrup in food industry is projected to hold a lion's share of about 50% competing amongst the other applications in various other industries. In addition, the application of glucose syrup in beverage and confectionery together is evaluated to account for more than 30% of the total market share. The confectionery based application of glucose syrup is anticipated to grow with the highest growth rate.
Key Players of Glucose Syrup Market:
-Cargill Inc. (U.S.)
-Archer Daniels Midland Company (U.S.)
-Tate & Lyle plc (U.K.)
-Agrana Group (Austria)
-Ingredion Incorporated (U.S.)
-Grain Processing Corporation (U.S.)
Market Research Analysis:
-High extraction of glucose syrup form corn will drive demand for corn as a major source among the glucose syrup source segment.
-Increase in consumption and usage of glucose syrup in food industry will support the increase in of market share in food industry.
-Volume wise market size will continue to be higher under APAC region with more than 40% share. With rise in disposable incomes in India and China and growing demand for sweeteners.
1 Executive Summary
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
3 Research Methodology
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.2.1 Rise in Demand for Bakery Products
4.2.2 Increasing Demand for Beverages
4.2.3 Higher Focus on Research and Development
4.2.4 Increase in Usage across Various Industries
4.3.1 Concentration of Feedstock
4.3.2 Unused By Products
4.4.1 Higher Demand for Healthier Ingredients
4.4.2 Improvement in Economic Conditions
4.4.3 Increase in Scope for Specialty Foods
4.5.1 Increasing Use of Sugar Substitutes
4.5.2 Environmental Hazards due to Industrial Effluents
4.5.3 High Amount of Waste Generation
Asia-Pacific region is estimated to dominate the market holding more than 40% in the year 2016 followed by Europe with more than 25% of the total share. Thailand is one of the major glucose syrup producers in the Asia-Pacific region. In North America, U.S. holds the major share for glucose syrup market, followed by Mexico. Canada is projected to grow with the highest CAGR in the given forecast period due to the increased consumption of sweetened food and beverages.
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