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Industrial Glucose Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Industrial Glucose Market
The industrial glucose market is set to expand, powered by the escalating demand for food and drinks. This sector encompasses all enterprises handling unprocessed food items, ready-made meals and all sorts of beverages, both alcoholic and nonalcoholic. The inclusion of industrial glucose enriches a variety of dishes and drinks with a sweet touch, from baked goods, jellies and sauces, to canned foods, beers, and soft drinks. For example, in September 2022, a report from Statistics Sweden, a government agency, revealed that food and beverage sales accounted for $29.85 billion (SEK 334 billion), witnessing a 2.9 percent surge. This upswing is owed to a 2.5 percent increase in sales volume and a minor 0.4 percent rise in food and beverage costs. Consequently, the surging demand for food and beverages is fueling the growth of the industrial glucose market.
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What growth opportunities are expected to drive the industrial glucose market's CAGR through 2034?
There has been a solid expansion in the industrial glucose market size in the previous years. Its growth trajectory anticipates an escalation from $47.17 billion in 2024 to $50.53 billion in 2025, representing a compound annual growth rate (CAGR) of 7.1%. The factors contributing to growth during the historical period include the growth of the food and beverage industry, the broadening of the pharmaceuticals sector, amplified usage in confectionery products, increased demand in the biotechnology sector, utilization in the animal feed industry, and its superior sweetening attributes.
The market size of industrial glucose is poised for robust growth in the coming years, reaching a value of $64.87 billion in 2029 with a compound annual growth rate (CAGR) of 6.4%. The expected growth during the forecast period is due to several factors such as the emergence of high-fructose corn syrup (hfcs), enhanced production efficiency, a growing demand for glucose in sports nutrition products, an increase in its usage in personal care items, its application in the biofuel production cycle, an upsurge in the use of glucose syrup in gluten-free commodities, a focus on clear labelling and sourcing, and a rising demand for liquid glucose. The trend during the forecast period is likely to lean towards sustainable and eco-friendly production, technological advances in glucose production, innovation in glucose production technologies, introduction of non-gmo and organic glucose products, incorporation of artificial intelligence in production procedures, and partnerships for research and innovation in the glucose industry.
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What are the emerging trends shaping the future of the industrial glucose market?
The development of novel products is a prominent trend catching on in the industrial glucose market. Large corporations within the domain are propelling innovative goods to maintain their competitive edge. For example, in March 2023, Torani, a US-based flavor firm, unveiled Torani's Kettle Corn Syrup. It's an irresistible blend of sweet and salty glucose, mirroring the taste of newly popped corn with a hint of both sweetness and saltiness. It also possesses a subtle flavor of the warm oil commonly found in kettle corn and a toasted Maillard note, which grants this starchy, salty, and sweet flavor a distinct caramelized quality.
Which growth-oriented segments of the industrial glucose market are leading the industry's development?
The industrial glucose market covered in this report is segmented -
1) By Type: Liquid Glucose, Powder Glucose, Other Types
2) By Source: Corn, Wheat, Potato, Other Sources
3) By Grade: Standard Purity, High Purity
4) By Application: Foods And Beverages, Pharmaceuticals, Industrial, Animal Feed, Other Applications
Subsegments:
1) By Liquid Glucose: High-Fructose Liquid Glucose, Standard Liquid Glucose
2) By Powder Glucose: Dextrose Monohydrate, Dextrose Anhydrous
3) By Other Types: Glucose Syrups, Specialty Glucose Products
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What regions are leading the charge in the industrial glucose market?
Asia-Pacific was the largest region in the industrial glucose market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial glucose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the industrial glucose market?
Major companies operating in the industrial glucose market include Cargill Inc., Archer Daniels Midland Co., Dr. Oetker UK Ltd., Ajinomoto Co. Inc., Ingredion Incorporated, Roquette Freres SA, Agrana Beteiligungs-AG, Tereos SCA, Tate & Lyle PLC, ACH FOOD Companies Inc., Avebe, Gujarat Ambuja Exports Limited, Manildra Group, Nihon Shokuhin Kako Co. Ltd., Luzhou Bio-chem Technology Shandong Co. Ltd., Grain Processing Corporation, Sukhjit Starch and Chemicals Ltd., Gulshan Polyols Ltd., Global Sweeteners Holdings Limited, Universal Starch-Chem Allied Ltd., H.L. Agro Products Pvt. Ltd., Baker's Kitchen Limited, Fooding Group Limited, Devson Impex Private Limited, Foodchem International Corporation, Kasyap Sweetners Ltd., Queen Fine Foods Pty Ltd., Karandikars Cashell Private Limited, Sanstar Bio-Polymers Ltd., Xiwang Sugar Holdings Company Limited
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What Is Covered In The Industrial Glucose Global Market Report?
• Market Size Forecast: Examine the industrial glucose market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the industrial glucose market for a structured understanding.
• Key Players Overview: Analyze major players in the industrial glucose market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial glucose market.
• Segment Contributions: Evaluate how different segments drive overall growth in the industrial glucose market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial glucose market.
• Industry Challenges: Identify potential risks and obstacles affecting the industrial glucose market.
• Competitive Landscape: Review strategic developments in the industrial glucose market, including expansions, agreements, and new product launches.
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