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The global corn glucose market reached a value of US$ 2.17 Billion in 2021.
According to the estimates by IMARC Group, the global corn glucose market is expected to reach a value of US$ 2.69 Billion by 2027, exhibiting at a CAGR of 3.69% during 2022-2027.
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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