Liquid Glucose Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 12/03/2019 -- Liquid glucose is an odourless and yellowish liquid derived from the hydrolysis of starch. It is also known as glucose syrup and corn syrup. It finds application in controlling sucrose and dextrose crystallization in confections, including hard candies. It plays a key role as a flavor and texture enhancer in candies, ice creams, and various other frozen desserts. Novel product introductions are playing a key role in boosting the liquid glucose market growth.
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Key Players to Adopt Novel Product Innovation as a Key Strategy
Key players operating in the global liquid glucose market include Shri Tradco, Goya Agro, Sukhjit Group, Sayaji, Sanstar, Riddhi Siddhi Gluco Biols, Gulshan Polyols, SSCPL, Yashwant Sahakari, Gayatri, and Anil Products. The key players are coming up with new products with an aim to expand their base across the globe.
By Product Type
? Food Grade
? Pharmaceutical Grade
? Industry Grade
? Candy Confectionery and Sweet Making
The researchers predict that food grade is expected to acquire a handsome share in the liquid glucose market owing to surge in the application of liquid glucose in various food products.
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Growing Demand from the Food Industry to Drive the Market
Liquid glucose is gaining immense traction in the food industries including candy industry, baking products, and beverages. This is acting as a key factor driving the liquid glucose market. Industrial and pharmaceutical sectors are also making extensive usage of liquid glucose, which is having a positive impact on the liquid glucose market growth.
North America is expected to grab a major share in the liquid glucose market in the forthcoming years. This is attributed to surge in the demand for bakery products, such as cakes. Asia Pacific is predicted to witness substantial growth in the coming years because of booming food sector and rising awareness pertaining to benefits of liquid glucose. Europe is also likely to emerge as a lucrative market in the near future owing to rise in the consumption of candies and baked goods.