The Glucose-fructose syrup market has an estimated market valuation of USD 9,300.5 Million in 2024 and is projected to grow at a CAGR of 2.6% to reach a market valuation of USD USD 11,718.6 Million by 2034.
Glucose-fructose syrup derived from corn or wheat, is a liquid sweetener composed of varying proportions of glucose and fructose, its application is widely used in the manufacture of soft drinks and other food products and beverage products such as confectioneries and baked products as well as in processed foods. It is appreciated for its economy and more functional characteristics which include improving the texture of the end product, extending its shelf-life, and also maintaining the general taste of the final product.
Flavoring potentialities and glucose-fructose syrup play a crucial role in the textural characteristics of snack products. It is hygroscopic and, therefore, useful in maintaining moisture to make products and edible items tasty when consumed. This is especially significant within the convenience snack category since consumers expect snacks to be fresh throughout their shelf life.
Glucose fructose syrups are particularly beneficial because they are used to adjust the formulations with lower sugar and added functionality such as fiber and protein. Such flexibility enables brands to market their products as both relevant to modern consumers’ lives as well as healthy, which is something that all consumers seek when considering snacks and food.
Key Takeaways from the Specialty Yeas Market Study:
- The Glucose-fructose syrup market is projected to grow at a CAGR of 2.6% during the forecast period (2024-2034)
- The United States Glucose-fructose syrup is expected to grow by 23.5% to reach a market share during the forecast period.
- Based on Source, the Wheat source segment is expected to dominate the Glucose-fructose syrup industry with a 64.5% market share in 2024 however
“The Glucose-fructose syrup market is set to witness robust growth in the coming years, driven by changing consumer preferences, technological advancements, and innovative product developments. Companies must adapt to these trends to remain competitive and capitalize on emerging opportunities”, – says Nandini Roy Choudhury, Client Partner at Future Market Insights
Who is winning?
In the industry, there are several major players like Cargill, Inc., Archer Daniels Midland Company (ADM), Tate & Lyle PLC, Ingredion Incorporated, Roquette Frères, and SunOpta Inc. These major players primarily concentrate on the introduction of new products and product developments. Due to Glucose-fructose syrup’s many application options and its incredibly powerful health benefits, major manufacturers are working to expand the product’s areas of use.
For Instance,
In 2020, Tate & Lyle said that it was extending its glucose-fructose syrup portfolio, with a clear focus on clean labels due to rising consumer consciousness in the ingredients industry.
Get valuable insights into the Specialty Yeas Market:
Future Market Insights, in its new offering, provides a thorough, detailed, and unbiased analysis of the Glucose-fructose syrup market, presenting Historical Demand data for the years 2019-2023 and Forecast statistics for the years 2024-2034.
The study categorizes valuable insights into the Glucose-fructose syrup market based on Source, Application, Packaging, Claim, Distribution Channel, and Region. By Source, the segment has been categorized into Wheat and Maize, Different Pet types of Bakery, Beverages, Confectionery, Culinary, Dairy & Ice Cream, and Fruit Processing are the application, Packaging types including Bottles, Cans, and Pouches, Different Claim Include Gluten-free, Vegan, Dairy-free, Dairy-free, Different Distribution Channel which included Direct, Indirect, Store-based Retailing, and Online Retail, in key Regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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