Press release
Glucose Market was worth USD 47.29 Bn. in 2022 and expected to grow at a rate of 5% CAGR, reaching USD 66.55 Bn. by 2029
Glucose Market
The report offers a comprehensive overview of the Global Glucose Market, covering various segments such as source, nature, application, and end-users. The report delves into the dynamics of the market, shedding light on the factors driving its growth, as well as the challenges it faces.
The research methodology employed for this report is robust and reliable. It encompasses a detailed analysis of market segments and incorporates both external and internal factors that impact the industry. The report presents a clear portrayal of competitive analysis, market segments, key players, growth strategies, financial position, product portfolio, and regional presence.
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Glucose Market Dynamics:
The Global Glucose Market is experiencing substantial growth, driven by rising demand from the beverage industry, extensive research and development activities, and an increasing appetite for convenience meals. Major food and beverage companies are harnessing the multiple benefits of glucose, dextrose, and maltodextrin, employing them as sweeteners, binders, emulsifiers, and thickening agents.
The rise in popularity of gums like gum Arabic, guar gum, xanthan gum, and locust bean gum poses a challenge to the market. These gums offer functional benefits to food and beverage products, impacting the utilization of starch derivatives such as glucose, dextrose, and maltodextrin. This shift could limit the use of starch derivatives in the food industry.
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Glucose Market Segmentation:
by Source
Plant
Animal
Chemical Others
The market is divided into segments for plants, animals, and chemicals, according to the Source. Plants are expected to continue to be the primary source for extracting glucose in the upcoming years due to the preference for traditional methods and cost-effective extraction techniques. Between 2017 and 2022, there will be a 1.7% growth in the demand for the use of chemicals to produce glucose as a result of rising demand for the substance from various industries and the availability of a quick technique of synthesis. In the second decade of this century, demand for animal sources for extracting glucose increased by 1.5% due to the growing preference for poultry animals and dairy products for producing energy-rich glucose.
by Nature
Organic
Synthetic
The market is divided into Organic and Synthetic subsegments based on the natural world. According to predictions, the biggest revenue-generating sector for the global glucose market from 2019 through 2029 will continue to be glucose extracted from organic sources due to increased consumer demand for healthy food products and a rise in the popularity of natural food products. In the second decade of this century, the unorganized sector of the food and beverage industry saw a 2.1% increase in demand for glucose produced in laboratories as a result of a rise in consumer desire for affordable substitutes.
by Application
Bakery product
Dairy product
Snacks
Breakfast
Food and Beverages
animal feed
medicine
Others
The market is further divided into bakery products, dairy products, snacks, breakfast, beverages, animal feed, medicines, and other products based on application. For the period of 2019 to 2029, it is anticipated that Bakery & Confectionery Products will continue to be the largest user of Glucose due to the existence of characteristics that lock in moisture and enhance the flavor of items like cakes, muffins, and other ready-to-eat food products. The demand for glucose in the dairy and processed dairy products business increased by 2.3% in 2019 due to the growing use of milk and its replacements as a significant source of the body's needed energy. From 2017 to 2022, demand for glucose will rise 3.1% as a result of consumers' increasing preference for flavored processed foods and carbonated beverages.
by End-User
Food and Beverage
Bakery Industry
Nutraceuticals Industry
Pharmaceutical Industry
Animal husbandry industry
Others
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Glucose Market Key Players:
1. Sigma Aldrich Corporation
2. Roquette Freres
3. Atn Investments Pty Ltd.
4. Cargill, Inc.
5. Tate & Lyle PLC
6. Archer Daniels Midland Company
7. Ingredion, Inc.
8. Pfizer, Inc.
9. ProAgro GmbH
10.Tereos SCA
11.Grain Processing Corporation
12.Avebe Group
13.AGRANA
14.Global Sweeteners Holdings
15.Fooding Group Limited
16.Gulshan Polyols
Table of content for the Glucose Market includes:
1. Global Glucose Market: Research Methodology
2. Global Glucose Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Glucose Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Glucose Market Segmentation
• Global Glucose Market, by Light Source (2022-2029)
• Global Glucose Market, by Nature (2022-2029)
• Global Glucose Market, by Application (2022-2029)
• Global Glucose Market, by End-User (2022-2029)
5. Regional Glucose Market (2022-2029)
• Regional Glucose Market, by Light Source (2022-2029)
• Regional Glucose Market, by Nature (2022-2029)
• Regional Glucose Market, by Application (2022-2029)
• Regional Glucose Market, by End-User (2022-2029)
• Regional Glucose Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Regional Insights:
• Asia Pacific: In 2022, the Asia Pacific region dominated the glucose (Dextrose) market, contributing the highest revenue share of 38.7%. India and China, two of the region's main economies, play a pivotal role in driving market demand due to their large consumer base and rapid economic development.
• Europe: The European glucose market captured 17.5% of the revenue in 2022. Key factors driving demand in this region include the preference for organic, clean label, and natural products, driven by an aging population seeking healthier food options.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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