Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A612
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Corn Glucose Market Outlook 2024-2032:

The global corn glucose market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032. The increasing consumption of frozen food, rising prevalence of different medical conditions, and the growing product use in the manufacturing of cosmetic products represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 2.3 Billion
Market Forecast in 2032
US$ 3.1 Billion
Market Growth Rate 2024-2032 3.1%


Corn glucose, also known as glucose syrup, is a concentrated and refined solution of maltose, dextrose, and higher saccharides, which is obtained through the hydrolysis of corn starch. It is rich in carbohydrates, calories, protein, fats, vitamins, minerals, and other essential nutrients. It helps in enhancing the overall flavor of the food and extending its shelf life at the same time. It also assists in preventing the crystallization of sugar and improving the appearance of different food items. It is widely used as a substitute for powdered sugar or honey due to its sweetening, thickening, and moisture-retention properties. It is also utilized in various food dishes to their enhance flavor, texture, smoothness, and shelf-life.

Global Corn Glucose Market

Corn Glucose Market Trends:

There is an increase in the use of corn glucose as an additive, sweetener, and thickening agent in the preparation of various food products and beverages, including cakes, cookies, bread, candies, soft drinks, ice cream, yogurt, sauces, jam, jellies, and smoothies. This, coupled with the thriving food and beverage (F&B) sector, represents one of the key factors contributing to the market growth around the world. Moreover, the rising consumption of frozen and ready to eat (RTE) food products on account of rapid urbanization, easy availability, hectic schedules of individuals, and expanding purchasing power is favoring the growth of the market. In addition, corn glucose is employed in the pharmaceutical sector as an excipient in the production of tablets and capsules to improve the physical properties of the drug formulation, such as hardness, disintegration, and dissolution. It can also be used as a stabilizer in the production of cough syrups and other liquid formulations to improve their viscosity. This, along with the surging prevalence of different medical conditions among the masses, is strengthening the growth of the market. Apart from this, the growing usage of corn glucose in the paper industry as a wet-end additive that helps improve paper strength and printability is influencing the market positively. Furthermore, the increasing utilization of corn glucose in the manufacturing of personal care and cosmetics products, such as lotion, creams, facial cleansers, toners, lipstick, lip balms, soaps, and body wash to keep the skin hydrated and smooth is creating a positive outlook for the market.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global corn glucose market report, along with forecasts at the global and regional level from 2024-2032.

Regional Insights:

  • China
  • United States
  • Europe
  • Asia Pacific (Excluding China)
  • Others
     

The report has also provided a comprehensive analysis of all the major regional markets, which include China, United States, Europe, Asia Pacific (Excluding China), and others. According to the report, the United States was the largest market for corn glucose. Some of the factors driving the United States corn glucose market included increased preference for frozen food, easy availability, product innovations, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global corn glucose market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Global Sweeteners Holding Ltd., Roquette Freres, Cargill Inc., Ingredion Inc., Archer Daniels Midland, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion, 000 Tons
Regions Covered China, United States, Europe, Asia Pacific (Excluding China), Others
Companies Covered Global Sweeteners Holding Ltd., Roquette Freres, Cargill Inc., Ingredion Inc. and Archer Daniels Midland
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the corn glucose market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global corn glucose market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the corn glucose industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global corn glucose market reached a value of US$ 2.3 Billion in 2023.

According to the estimates by IMARC Group, the global corn glucose market is expected to reach a value of US$ 3.1 Billion by 2032, exhibiting a CAGR of 3.1% during 2024-2032.

The rising utilization of corn glucose in the production of packaged food products and their escalating demand due to hectic lifestyles, shifting dietary patterns and inflating disposable incomes are acting as major growth-inducing factors.

The growing popularity of international cuisines and the increasing utilization of corn syrup in the production of tonics and syrups are acting as significant trends in the market.

Corn glucose is widely utilized in the manufacturing of medical supplies, such as hand sanitizers and intravenous (IV) solutions. A significant rise in the demand for healthcare equipment due to the spread of the coronavirus disease (COVID-19) is positively influencing the growth of the market.

On the geographical front, the market has been segmented into the United States, China, Europe, Asia Pacific (excluding China) and others.

Leading industry players are Global Sweeteners Holdings Limited, Roquette Frères S.A, Cargill, Incorporated, Archer Daniels Midland Company and Ingredion Incorporated.

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Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
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