Press release
Emerging Trends Influencing The Growth Of The Industrial Glucose Market: Sweet And Salty Innovation Redefining Taste Experiences
Industrial Glucose
How Big Is the Industrial Glucose Market Size Expected to Be by 2034?
The size of the industrial glucose market has seen a robust expansion in the past few years. Its market value is projected to increase from $47.17 billion in 2024 to $50.53 billion in 2025, marking a compound annual growth rate (CAGR) of 7.1%. The previous growth can be attributed to factors such as growth in the food and beverage industry, an expanding pharmaceuticals sector, increased use in confectionery items, a surge in demand for biotechnology applications, adoption in the animal feed industry, and improved sweetening properties.
The market size of industrial glucose is predicted to experience robust growth in the coming years, reaching $64.87 billion in 2029 with a compound annual growth rate of 6.4%. This projected growth during the forecast period is attributed to factors such as the advancements of high-fructose corn syrup (hfcs), heightened production efficiency, the growing preference for glucose in sports nutrition, its rising usage in personal care products, as well as its use in biofuel production. Additionally, increased adoption of glucose syrup in gluten-free products, greater transparency in labeling and sourcing, and the growing demand for liquid glucose all contribute to the market's expansion. Significant trends affecting the market in the future include a focus on eco-friendly and sustainable manufacturing, technological progress in glucose production, innovation in production technologies, creation of non-gmo and organic glucose products, the incorporation of artificial intelligence in production systems, and increased partnership for research and development in the glucose industry.
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What Are the Emerging Segments Within the Industrial Glucose Market?
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 Long-Term Drivers Are Shaping Industrial Glucose Market Trends?
The burgeoning need for food and beverages is anticipated to drive the expansion of the industrial glucose market. The food and beverage industry includes all businesses involved in the processing, packing, and distribution of raw food products, freshly prepared meals, and both alcoholic and nonalcoholic drinks. Industrial glucose imparts sweetness to various food and drink items like baked goods, jellies and sauces, canned food, beer, and soft drinks. For instance, a report by Statistics Sweden, a government agency based in Sweden, indicated that in September 2022, the income from food and beverage sales hit $29.85 billion (SEK 334 billion), showing a 2.9 percent increase. This surge can be credited to a 2.5% rise in the sales volume, coupled with a 0.4% increase in food and beverage prices. Hence, the escalating demand for food and beverages contributes to the growth of the industrial glucose market.
Who Are the Top Competitors in Key Industrial Glucose Market Segments?
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
What Industrial Glucose Market Trends Are Gaining Traction Across Different Segments?
The rising trend of product innovation is impacting the industrial glucose market significantly. Several large-scale enterprises in the sector are debuting groundbreaking products to maintain their marketplace dominance. For example, in March 2023, the US flavor business, Torani, released Torani's Kettle Corn Syrup. This product offers an enticing mix of sweet and salty glucose reminiscent of the taste of fresh popcorn. Torani's Kettle Corn Syrup also incorporates a minor hint of the distinctive hot oil flavor found in kettle corn, topped off with a cooked Maillard note, providing the starchy, salty, and sweet flavor a unique toasted character.
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Which Regions Are Becoming Hubs for Industrial Glucose Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Glucose Market?
2. What is the CAGR expected in the Industrial Glucose Market?
3. What Are the Key Innovations Transforming the Industrial Glucose Industry?
4. Which Region Is Leading the Industrial Glucose Market?
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