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Glucose Syrup Market to Benefit Food & Baby Sector Within Forecast Period 2023
Market Research Future has Published Press release on “Glucose Syrup Market Research Report” that will demonstrate a CAGR % while achieving million dollar growth readily in the forecast period.
Published 11 December 2017
Global Glucose syrup Market – Overview
Due to the high demand for table sugar alternatives, the glucose syrup market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Glucose Syrup Market Research Report- Forecast to 2023.
A shift in consumer’s preference supporting the demand for starch based sweeteners is boosting the market for glucose syrup on a global level. The sector is driven in a major way by the demand directed from the food & beverage and pharmaceutical sectors. The application of glucose syrup is found to be high in convenience food, juices, sports drinks and cough syrups. Evergreen bakery and confectionery market has also provided an impetus for the increased demand of glucose syrup as a major ingredient.
Diverse application in the production of high demand products such as chocolate, sweetened bakery and beverages is constantly supporting the market growth of frozen bakery on a global level. Advancements in technology and improved supply availability in the developing markets like India and China has led to strong growth opportunities for glucose syrup market in their countries. Owning to this, the market is expected to reach a market volume of above 29 kilo tons by 2022. However, on the other hand, rising debate on obesity caused by consumption of glucose syrup is identified to be one of the major reasons confining this market.
Request Sample report@ https://www.marketresearchfuture.com/sample_request/2342
Latest Industry Updates
March 2017 Tate & Lyle, one of the key producer of sweeteners including glucose syrup launched crystalline allulose. The product launched by the company is a low-calorie sweetening solution which provides the flavor of sugar, but does not contain any calories. The product is found to have potential application as an alternative for table sugar in at-based creams and chocolate confectionery.
Aug 2017 Novozymes, a global biotechnology company have announced their production of two enzymes which are used in the production of glucose syrup. The company received approval from EFSA to manufacture the enzyme based on the rising demand for glucose syrup. The enzymes will help in enhancing the production capacity of glucose syrup to meet the rising demand.
Oct 2017 Ingredion launched its new low-sugar glucose syrups called VERSASWEET. The strategy of new product launch in the glucose syrup rage is stated to be done in order to help decrease the amount of sugar on labels. The product will capture the attention of health conscious consumers thereby increasing the sale of the product.
Feb 2016 In order to expand their global sweeteners business, The Archer Daniels Midland Company acquired Morocco-based corn wet mill from Tate & Lyle. The mill engages in the production of glucose and native starch. Rising demand for glucose syrup in various sectors of the food industries has encouraged ADM to expand their business further to strengthen their portfolio.
Global Glucose syrup Market - Competitive Analysis
With the entry of industry players in the glucose syrup segment, the production capacity of glucose and glucose syrup has seen a tremendous increase. New product launch is witnessed to be the key focus area of the players to mark their positions in the global market. Acquisition of small players and acquisitions of processing facilities are two of the common strategies observed in this market. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and investments by the manufacturers for expansions.
Key Players-
The key players profiled in glucose syrup are Cargill Inc. (U.S.), Archer Daniels Midland Company (U.S.), Tate & Lyle plc (U.K.), Agrana Group (Austria), Ingredion Incorporated (U.S.), Roquette (France), Grain Processing Corporation (U.S.)
Global Glucose syrup Market – Segments
The global glucose syrup market has been divided into source, grade, form, application and region.
On The Basis Of Source: Corn, Wheat, Barley, Potatoes, Rice, Cassava and Others
On The Basis Of Grade: Food, Pharma, Industrial and Others
On The Basis Of Form: Liquid, Granular and Others
On The Basis Of Application: Food, Beverage, Confectionery, Pharmaceuticals and Others
On The Basis Of Region: North America, Europe, Asia Pacific and ROW.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/glucose-syrup-market-2342
Global Glucose syrup Market - Regional Analysis
The global glucose syrup market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global glucose syrup market is highly dominated by Asia Pacific region due to high production of raw material such as corn in this region. Additionally, the consumption of glucose syrup is high in this region based on the rising population. North America is fastest growing region due to high consumption of sweetened baked products in this region. The consumption of glucose syrup in countries like Brazil, India and China is expected to grow in upcoming years.
Due to the high demand for table sugar alternatives, the glucose syrup market is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Glucose Syrup Market Research Report- Forecast to 2023.
A shift in consumer’s preference supporting the demand for starch based sweeteners is boosting the market for glucose syrup on a global level. The sector is driven in a major way by the demand directed from the food & beverage and pharmaceutical sectors. The application of glucose syrup is found to be high in convenience food, juices, sports drinks and cough syrups. Evergreen bakery and confectionery market has also provided an impetus for the increased demand of glucose syrup as a major ingredient.
Diverse application in the production of high demand products such as chocolate, sweetened bakery and beverages is constantly supporting the market growth of frozen bakery on a global level. Advancements in technology and improved supply availability in the developing markets like India and China has led to strong growth opportunities for glucose syrup market in their countries. Owning to this, the market is expected to reach a market volume of above 29 kilo tons by 2022. However, on the other hand, rising debate on obesity caused by consumption of glucose syrup is identified to be one of the major reasons confining this market.
Request Sample report@ https://www.marketresearchfuture.com/sample_request/2342
Latest Industry Updates
March 2017 Tate & Lyle, one of the key producer of sweeteners including glucose syrup launched crystalline allulose. The product launched by the company is a low-calorie sweetening solution which provides the flavor of sugar, but does not contain any calories. The product is found to have potential application as an alternative for table sugar in at-based creams and chocolate confectionery.
Aug 2017 Novozymes, a global biotechnology company have announced their production of two enzymes which are used in the production of glucose syrup. The company received approval from EFSA to manufacture the enzyme based on the rising demand for glucose syrup. The enzymes will help in enhancing the production capacity of glucose syrup to meet the rising demand.
Oct 2017 Ingredion launched its new low-sugar glucose syrups called VERSASWEET. The strategy of new product launch in the glucose syrup rage is stated to be done in order to help decrease the amount of sugar on labels. The product will capture the attention of health conscious consumers thereby increasing the sale of the product.
Feb 2016 In order to expand their global sweeteners business, The Archer Daniels Midland Company acquired Morocco-based corn wet mill from Tate & Lyle. The mill engages in the production of glucose and native starch. Rising demand for glucose syrup in various sectors of the food industries has encouraged ADM to expand their business further to strengthen their portfolio.
Global Glucose syrup Market - Competitive Analysis
With the entry of industry players in the glucose syrup segment, the production capacity of glucose and glucose syrup has seen a tremendous increase. New product launch is witnessed to be the key focus area of the players to mark their positions in the global market. Acquisition of small players and acquisitions of processing facilities are two of the common strategies observed in this market. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and investments by the manufacturers for expansions.
Key Players-
The key players profiled in glucose syrup are Cargill Inc. (U.S.), Archer Daniels Midland Company (U.S.), Tate & Lyle plc (U.K.), Agrana Group (Austria), Ingredion Incorporated (U.S.), Roquette (France), Grain Processing Corporation (U.S.)
Global Glucose syrup Market – Segments
The global glucose syrup market has been divided into source, grade, form, application and region.
On The Basis Of Source: Corn, Wheat, Barley, Potatoes, Rice, Cassava and Others
On The Basis Of Grade: Food, Pharma, Industrial and Others
On The Basis Of Form: Liquid, Granular and Others
On The Basis Of Application: Food, Beverage, Confectionery, Pharmaceuticals and Others
On The Basis Of Region: North America, Europe, Asia Pacific and ROW.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/glucose-syrup-market-2342
Global Glucose syrup Market - Regional Analysis
The global glucose syrup market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global glucose syrup market is highly dominated by Asia Pacific region due to high production of raw material such as corn in this region. Additionally, the consumption of glucose syrup is high in this region based on the rising population. North America is fastest growing region due to high consumption of sweetened baked products in this region. The consumption of glucose syrup in countries like Brazil, India and China is expected to grow in upcoming years.
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