The global Glucose market size is expected to be worth around US$ 73.6 billion by 2030, according to a new report by Vision Research Reports.
The global Glucose market size was valued at US$ 50.9 billion in 2020 and is anticipated to grow at a CAGR of 8.0% during forecast period 2021 to 2030.
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Growth Factors
The market is projected to be driven by the growth in sugar products and shifting preference towards natural ingredients across cosmetics and personal care products.
The increasing demand for glucose (dextrose) in the food and beverages sector especially across bakery and confectionery, dairy, soups, dressings and sauces, and beverages is expected to fuel market growth. The demand is majorly gaining pace from the developing economies including China and India because the bigger firms are building economic opportunities across the food and beverages value chains, particularly to support future business growth. Economic development along with rapid urbanization is fuelling the demand across developing economies.
Glucose syrup is having a potential customer base across the globe due to its widespread usage. It has significant benefits across F&B, pharmaceuticals, as well as cosmetics, and personal care. It helps in flavor and texture enhancement, helps in controlling sucrose and dextrose crystallization in confectionaries, enhances the shelf life of the products, fermentation in, and helps in retaining moisture among others. These are the major factors supporting the growth and demand for glucose syrup in the market.
Report Highlights
The syrup segment dominated the market and accounted for the maximum revenue share of 81.2% in 2020. The segment is also projected to maintain its dominance throughout the forecast period. It is basically the liquid glucose derived commonly from corn and also from other cereal grains including wheat, rice, barley, potato, and cassava. For instance, AGRANA Beteiligungs-AG provides a variety of glucose syrup under the brand name AGENABON and the majority of them are manufactured from corn and wheat.
The food and beverages segment dominated the market and held the largest revenue share of 63.4% in 2020. The application segment is also estimated to maintain its dominance throughout the forecast period from 2020 to 2028. The wider application segment including bakery and confectionery, dairy, soups, dressings and sauces, and beverages among others is contributing to the maximum revenue share in the market. Rapidly expanding food and beverages sector across the globe due to increasing research and development activities by the major industry manufacturers for the development of new products and improvisation of existing ones is driving the market.
Asia Pacific dominated the glucose (Dextrose) market and accounted for the maximum revenue share of 48.7% in 2020. The region is also projected to continue with its dominance throughout the forecast period from 2020 to 2028. The presence of a huge customer base is the major factor contributing to the maximum regional market value. The major economies of the region including India and China are major revenue contributors. The boosting demand for food and beverages products across these countries owing to their large customer base as well as rapid economic development is driving the market in the region.
Key Players
| Report Coverage | Details |
| Market Size | US$ 73.6 billion by 2030 |
| Growth Rate | CAGR of 8.0% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Form, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Archer Daniels Midland Company (ADM); Ingredion Incorporated; AGRANA Beteiligungs-AG; Tate & Lyle PLC; Cargill, Incorporated; Roquette Frères; Grain Processing Corporation; Tereos S.A.; Fooding Group Limited; Global Sweeteners Holdings Limited |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Glucose Market, By Form
7.1. Glucose Market, by Form, 2021-2030
7.1.1. Syrup
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Solid
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Glucose Market, By Application
8.1. Glucose Market, by Application, 2021-2030
8.1.1. Food & Beverages
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Pharmaceutical
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. Cosmetic & Personal Care
8.1.3.1. Market Revenue and Forecast (2016-2030)
8.1.4. Pulp & Paper
8.1.4.1. Market Revenue and Forecast (2016-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Glucose Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Form (2016-2030)
9.1.2. Market Revenue and Forecast, by Application (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Form (2016-2030)
9.2.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Form (2016-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Form (2016-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Form (2016-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Form (2016-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Form (2016-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Form (2016-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Form (2016-2030)
9.5.2. Market Revenue and Forecast, by Application (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Form (2016-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Form (2016-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2030)
Chapter 10. Company Profiles
10.1. Archer Daniels Midland Company (ADM)
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Ingredion Incorporated
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. AGRANA Beteiligungs-AG
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Tate & Lyle PLC
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Cargill, Incorporated
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Roquette Frères
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Grain Processing Corporation
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Tereos S.A.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Fooding Group Limited
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Global Sweeteners Holdings Limited
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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