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The United States corn glucose market reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States corn glucose market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on type and end-use industry.
Breakup by Type:
Breakup by End-Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, End-use Industry, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
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The United States corn glucose market reached a volume of 5.76 Million Tons in 2021.
We expect the United States corn glucose market to exhibit a CAGR of 2.34% during 2022-2027.
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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