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Rising Popularity Of Baked Goods Driving Market Growth As Consumers Seek Improved Sweetness, Moisture Balance, And Enhanced Texture: A Key Driver Powering Glucose Syrup Market Growth In 2025
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.What Is the Current Glucose Syrup Market Size and Its Estimated Growth Rate?
The market size of glucose syrup has seen robust growth in recent years. The projected growth from 2024 to 2025, is from $3.95 billion to $3.95 billion, with a compound annual growth rate (CAGR) of 6.3%. The development during the previous years is a result of the shift towards low-calorie sweeteners, a rapid urbanisation, altering lifestyles, the expansion of the food and beverage industry, an increase in the consumer awareness about the quality and nutrition of food products, and a soaring demand for dextrose and maltodextrin.The market size of glucose syrup is anticipated to encounter significant expansion in the upcoming years, growing to a value of $5.32 billion in 2029 with a compound annual growth rate (CAGR) of 6.1%. The increasing demand for quick-service foods, augmented utilization of glucose syrup in the bakery sector, escalating demand for cosmetics, heightened knowledge about the advantages of cosmetics usage, and amplified consumption of glucose syrup all contribute to the growth during the forecast period. Advancements in production methods, wider range of applications, new trends in packaging and handling methods, microencapsulation, and enzymatic hydrolysis are among the major trends expected during this forecast period.
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How Are Emerging Segments Shaping the Glucose Syrup Market Landscape?
The glucose syrup market covered in this report is segmented -
1) By Form: Liquid, Granular
2) By Grade: Food, Pharma, Industrial, Other Grades
3) By Usage Source: Corn, Wheat, Barley, Potatoes, Rice, Cassava, Other Usages
4) By Application: Food, Beverage, Confectionery, Pharmaceuticals, Other Applications
Subsegments:
1) By Liquid: High Maltose Glucose Syrup, Low Dextrose Equivalent (DE) Glucose Syrup, High DE Glucose Syrup, Corn-Based Liquid Glucose Syrup, Wheat-Based Liquid Glucose Syrup, Tapioca-Based Liquid Glucose Syrup
2) By Granular: Dried Glucose Syrup Powder, Maltodextrin Powder, High Fructose Glucose Powder, Corn Starch-Based Glucose Powder, Rice-Based Glucose Powder
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Which Growth Factors Are Influencing Glucose Syrup Market Expansion?
The glucose syrup market is forecasted to expand due to an increasing demand for baked goods. Baked goods include food items made from dough or batter that have been baked, like bread, cakes, cookies, pastries, and pies. The rising popularity of these goods is influenced by the convenience they offer to consumers, heightened disposable incomes, and the booming bakery industry. Utilized in baked products to heighten sweetness, retain moisture, and enhance texture by averting crystallization, glucose syrup plays a significant role. For example, Agriculture and Agri-Food Canada, a government department based in Canada, reported in November 2022 that the baked goods retail sector in the United States generated sales amounting to $82.9 billion, with a projected annual growth rate of 3.1%, escalating to $97.7 billion by 2026. Consequently, the swelling demand for baked items is stimulating the growth of the glucose syrup market.
Who Are the Dominant Players Across Different Glucose Syrup Market Segments?
Major companies operating in the glucose syrup market are Cargill Incorporated, Archer Daniels Midland Company (ADM), Südzucker AG, Ingredion Incorporated, Dr. Oetker, Tereos SCA, Roquette Frères, Agrana Group, Tate & Lyle PLC, Avebe U.A., Luzhou Food, Grain Processing Corporation, Beneo GmbH, Gulshan Polyols Ltd., Sweetener Products Company, Emsland-Stärke GmbH, Ragus Sugars Ltd, Hefei TNJ Chemical Industry Co. Ltd., Matsutani Chemical Industry Co. Ltd., Bakers Kitchen.
What Are the Latest Developing Trends in the Glucose Syrup Market?
Leading firms active within the glucose syrup market are adopting strategic investment maneuvers, such as the establishment of corn syrup refineries, to extend manufacturing capacity and satisfy escalating consumer necessity. The refinement formula consists of the extraction of glucose syrup from corn starch using enzymatic changes, followed by purification to eradicate impurities and attain the desired sweetness and texture. For instance, in August 2022, Cargill, an American food firm, declared an infusion of more than $50 million (0.05 billion) towards constructing a sustainable corn syrup production facility. This investment reflects the company's larger dedication to sustainability, with the goal of improving the ecological implications of its manufacturing techniques while catering to the increased consumer preference for more environmentally friendly food components. The upcoming establishment is anticipated to apply innovative technology and methods to reduce its environmental impact and usage of resources, positioning Cargill at the forefront of sustainable food production.
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Which Geographic Regions Are Expected to Dominate the Glucose Syrup Market in the Coming Years?
North America was the largest region in the glucose syrup market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glucose syrup 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 Glucose Syrup Market?
2. What is the CAGR expected in the Glucose Syrup Market?
3. What Are the Key Innovations Transforming the Glucose Syrup Industry?
4. Which Region Is Leading the Glucose Syrup Market?
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