United States Corn Glucose Market Share, Size, Growth, Opportunity and Forecast 2023-2028

United States Corn Glucose Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4575

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Market Overview:

The United States corn glucose market size reached 5.9 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 6.7 Million Tons by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.

Corn glucose, or glucose syrup, is a purified and concentrated mixture of saccharides obtained by the hydrolysis of corn starch. It is a concentrated source of calories with minimal nutritional content and small amounts of minerals, such as calcium, zinc and thiamine. Corn syrup is widely used in frozen desserts, baked goods, jams, jellies, tinned fruits and ice-creams to add sweetness to the products. It also aids in enhancing the overall flavor, improving color, adding volume and providing a smooth texture to the food. It prevents sugar crystallization and is also used in cereals, sauces, cough medications and vitamin tonics. As a result, it is widely used across industries as a thickener, sweetener and humectant.

The growth in the United States corn glucose market can be attributed to the widespread product utilization in the food and beverage industry. Corn glucose is widely used in the manufacturing of jams, jellies and various bakery products due to its non-crystallizing properties. In addition to this, the increasing product demand in the pharmaceutical industry is positively impacting the market growth. Moreover, various product innovations, such as the development of high fructose corn syrup, or isomerized corn syrup, that offers enhanced stability and freshness to the food products, are providing a thrust to the market growth. In line with this, the widespread adoption of ready-to-eat (RTE) food items, such as canned fruits, due to the hectic lifestyles of consumers, is favoring the market growth. Other factors, the increasing product utilization for the manufacturing of hair care, bath, cleaning and makeup products, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States corn glucose market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type and end-use industry.

Breakup by Type:

HFCS 42
HFCS 55
Others

Breakup by End-Use Industry:

Food and Beverages
Pharmaceuticals
Personal Care Products
Paper Products
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	Million Tons
Segment Coverage	Type, End-Use Industry, Region
Region Covered	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
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 Questions Answered in This Report

The United States corn glucose market reached a volume of 5.9 Million Tons in 2022.

We expect the United States corn glucose market is expected to grow at a CAGR of 2.3% during 2023-2028.

The rising utilization of corn glucose in the production of numerous packaged food products, tonics, and syrups, is primarily catalyzing the United States corn glucose market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for corn glucose across the pharmaceutical industry, in the formulation of various medicines, including vitamin tonics and cough syrups, that aid in treating the coronavirus infected patients.

On a regional level, the market has been classified into Northeast, Midwest, South, and West, where Midwest currently dominates the market.

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