
Global Liquid Glucose Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Jan 2022
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Global Liquid Glucose Market: Overview
Liquid glucose is also known as glucose syrup and corn syrups. Liquid glucose is type of aqueous solution with nutritive saccharide and generally obtained by starch hydrolysis. It is odourless and yellow colored liquid syrup and is processed and stored in hygienic conditions.
The advantages of liquid glucose such as a lower freezing point, high degree of sweetening, and anti-crystalline. It is stored in drums in clean and dry area, at room temperature.
Global Liquid Glucose Market: Dynamics
Growing demand from the industrial sector for the fermentation processes is a key factor expected to drive growth revenue in the global market. Additionally, higher adaptation of liquid glucose as an alternative owing to low calorie and non-nutritive sweeteners is other factor anticipated to drive growth of the target market over next ten years.
Furthermore, increasing buyer purchasing power, rising disposable income, widening applications in various other sectors such as bakery and confectionary items, are some of the additional factors expected to increase the demand for liquid glucose globally. However, high cost is a factor expected that could hamper growth of the target market.
Global Liquid Glucose Market: Segment Analysis
Among the product segments, the industrial grade segment is expected to dominate and register higher growth in terms of revenue in the global market. This is primarily due to, growing application in the leather industry.
In addition, food grade segment is expected to register fastest growth rate owing to, higher use in food products such as sweets, biscuits, confectionary, Jams, Jellies, pastries, and Ice creams. Among the application segments, the bakery & confectionary is expected to account a high share, owing to moderate sweetness & nutritive value.
Global Liquid Glucose Market: Trends and Opportunities
Market players are opting for acquisitions and product development as well as focusing on the advancement and innovation of technologies for adding new flavors in the glucose syrups that are used for diversified food applications.
For instance, In May 2017, Ingredion Incorporated, which is a US-based provider of ingredient solutions to diversified industries, launched VERSASWEET – low-sugar glucose for customer in Canada and US. The above mention is the current trend observed in the global liquid glucose market.
Global Liquid Glucose Market: Region Analysis
The market in North America is projected to estimate to contribute higher revenue share in the global market, followed by the market in Europe. This is owing, increasing demand for baked food items and cakes and large scale sugar subsidies provided by the Government in countries in the North America Region.
The market in Asia Pacific region is estimated to contribute major market share and fastest growth rate. This can be primarily attributed to, rapidly growing food sector and rising awareness about the long list of benefits of liquid glucose in Asia Pacific region.
Global Liquid Glucose Market Segmentation
Segmentation by type:
- Food grade
- Industrial grade
Segmentation by application:
- Bakery & Confectionary
- Dairy & Frozen Desserts
- Beverages
- Cereals & Breakfast Foods
Segmentation by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Ingredion Incorporated
- Cargill Inc.
- Roquette Frères S.A
- Agrana Group
- Archer Daniels Midland Company
- Tate & Lyle plc
- Grain Processing Corporation
- Sukhjit Group
- Riddhi Siddhi Gluco Biols Ltd.
- Gulshan Polyols Ltd.
- Goya Agro Industries Ltd.
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