Press release
Glucose Syrup Price Chart, Historical Data and Forecast Analysis
Glucose Syrup (Food Grade) Price Trends - YoY Change, Spot USAThe U.S. glucose syrup (food grade) market has shown a mixed pattern of price movement over the past year, reflecting shifting dynamics in raw material costs, production trends, and seasonal consumption patterns. Spot prices in 2024 have generally trailed behind 2023 levels, though the year-end market displayed signs of stabilization.
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In October 2023, glucose syrup was priced at $1,100 per metric ton (USD/MT). By October 2024, the price had declined to $1,058 USD/MT, marking a modest year-over-year (YoY) decrease of 4%. This drop was attributed to a slight easing in corn prices, as well as subdued demand from confectionery and beverage manufacturers.
November 2024 saw prices nearly matching the previous year, with only a marginal 0.2% decline from $1,100 USD/MT in 2023 to $1,098 USD/MT. The near-stability in November suggests that demand was consistent, possibly buoyed by pre-holiday manufacturing activity and inventory stocking.
However, December 2024 recorded a sharper decline, with prices falling from $1,193 USD/MT in 2023 to $1,058 USD/MT a significant 11% YoY drop. This decline was influenced by lower-than-expected demand and strong supply levels, particularly as producers worked through accumulated inventories.
Looking ahead, Expert Market Research predicts a mild upward trend in prices into 2025, driven by potential increases in raw material costs and rising food production needs. However, seasonal volatility particularly in the second half of the year-is expected to impact price consistency. Factors such as harvest yields, energy prices, and global demand for sweeteners will also play a role in shaping the market outlook.
For food manufacturers and procurement teams, closely monitoring price movements and seasonal demand cycles will be essential in planning cost-effective supply strategies for the year ahead.
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Global Glucose Syrup (Food Grade) Market: Leading Exporters, Importers, and Key Suppliers
The global glucose syrup market is supported by an interconnected network of leading exporters, importers, and prominent suppliers. This network ensures consistent supply for the food and beverage industry, where glucose syrup is widely used as a sweetener, thickener, and moisture-retaining agent in a variety of processed foods.
Leading Exporting Countries
Several countries dominate the export landscape of glucose syrup. China stands as a major global exporter due to its large-scale production capacity and competitive pricing. European countries such as France, Belgium, Italy, and the Netherlands are also significant exporters, benefiting from established food processing industries and strong logistics infrastructure. The United States, with its advanced agro-processing capabilities, also plays a crucial role as a top exporter. Emerging economies like India and Turkey are gaining ground as well, driven by growing manufacturing capacities and competitive labor costs.
Leading Importing Countries
On the demand side, Germany leads as one of the largest importers, reflecting its robust processed food and confectionery sectors. Other key importers include Mexico, Indonesia, Philippines, United Kingdom, South Korea, Thailand, and Vietnam-all of which rely heavily on imported glucose syrup to meet domestic manufacturing needs, especially in bakery, beverage, and snack food production.
Major Glucose Syrup Suppliers
The market is driven by several major international suppliers. Cargill Inc., Ingredion Inc., and Archer Daniels Midland Company (ADM), all based in the USA, are among the world's largest producers and distributors of glucose syrup. Other key players include Agrana (Austria), Grain Processing Corporation (USA), and Roquette Frères (France), known for their innovation and quality. Additional suppliers such as Bakers Kitchen (USA) and Beneo GmbH (Germany) contribute to meeting specialized market demands, particularly for clean-label and non-GMO formulations.
Together, these exporters, importers, and suppliers form a vital ecosystem supporting global food supply chains.
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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices
How Claight Corporation (Expert Market Research) Database Can Help
The latest report by Expert Market Research, "Glucose Syrup Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for glucose syrup. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.
Drawing from in-depth research, the report analyses the primary factors influencing glucose syrup prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.
Contact us:
Claight Corporation (Expert Market Research)
30 North Gould Street, Sheridan, WY 82801, USA
Email: sales@expertmarketresearch.com
Tel No: (D) +91-723-689-1189
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About Claight Corporation (Expert Market Research):
Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking. Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.
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