Glucose Syrup Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Glucose Syrup Market is segmented By Application (Food & Beverages, Pharmaceuticals, Cosmetic Industries, Others), By Formulation (Liquid Glucose Syru....
Glucose Syrup Market Size
Market Size in USD
CAGR4.9%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 4.9% |
| Market Concentration | High |
| Major Players | Cargill, Incorporated, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Roquette Frères, Tereos FKS |
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Glucose Syrup Market Analysis
The glucose syrup market is estimated to be valued at USD 4.5 Bn in 2024 and is expected to reach USD 6.1 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. The steady growth in demand from food and beverage industries where glucose syrup is used as a sweetener and texturizer will continue to drive the market during the forecast period.
The glucose syrup market is expected to witness positive growth over the next few years. Increasing health consciousness and preference for natural sugars among consumers has boosted demand for sugar substitutes like glucose syrup. Expanding packaged food sector in developing countries is another key factor supporting the use of glucose syrup.