Glucose Market, Fueled by Rising Demand from Food and Beverage Industry
Market Dynamics:
The surge in demand from the beverage sector, coupled with ongoing research and development activities, has propelled the Glucose Market forward. The year 2019 saw a total global trade value of US$ 1.82 billion for glucose, with China leading as the top exporter at US$ 356 million, and Germany emerging as the primary importer.
Major players in the food and beverage industry are expected to increase their use of glucose, dextrose, and maltodextrin due to their versatility as sweeteners, binders, emulsifiers, and thickening agents. The soft drink industry's growth, especially in the Asia Pacific and South America, is driving demand for cereal sweeteners, with glucose syrups being preferred for their cost-effectiveness and technical advantages.
Glucose Market Overview:
MMR published the Glucose market report. The report analyses the Glucose market growth during the forecast period of 2024-2030. The report also insights into market value, growth rate, market segments, geographical coverage, market players and their recent developments.
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Glucose Market Report Scope and Research Methodology:
The Glucose market report covers an in-depth analysis of key developments, marketing strategies, supply-side and demand-side indicators, and company profiles of market leaders, potential players, and new entrants. The report is based on primary and secondary research methodologies and provides a comprehensive analysis of the global alginates & derivatives market.
Glucose Market Segmentation:
by Source
Plant
Animal
Chemical Others
The market is divided into submarkets for plants, animals, and chemicals, according to the Source. Plants are expected to continue being the primary source of glucose extraction in the upcoming years due to the preference for traditional extraction techniques and economical extraction methods. From 2017 to 2022, there will be a 1.7% growth in demand for the usage of chemicals to produce glucose due to an increase in demand for the commodity across multiple sectors and the availability of a quick synthesis process. In the second decade of this century, there has been a 1.5% growth in demand for animal sources for extracting glucose due to the growing preference for poultry animals and dairy products when it comes to the energy-rich substance.
by Nature
Organic
Synthetic
The market is divided into two sub-sectors based on nature: Synthetic and Organic. Glucose extracted from organic sources is predicted to remain the biggest revenue-generating segment for the global glucose market from 2019 through 2029 due to increased consumer preferences for natural food products and healthier food options. In the second decade of this century, the Food & Beverages business, which is a part of the unorganised sector, had a 2.1% growth in demand for glucose produced in laboratories due to an increase in the need for less expensive alternatives.
by Application
Bakery product
Dairy product
Snacks
Breakfast
Food and Beverages
animal feed
medicine
Others
The market is further divided into categories based on application, including bakery goods, dairy products, snacks, breakfast, beverages, animal feed, and other items. Because these properties preserve moisture and enhance the flavour of cakes, muffins, and other ready-to-eat food goods, Bakery & Confectionery goods is expected to continue being the largest market for glucose from 2019 to 2029.
by End-User
Food and Beverage
Bakery Industry
Nutraceuticals Industry
Pharmaceutical Industry
Animal husbandry industry
Others
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Glucose Market Key Players are:
1. Sigma Aldrich Corporation
2. Roquette Freres
3. Atn Investments Pty Ltd.
4. Cargill, Inc.
5. Tate & Lyle PLC
6. Archer Daniels Midland Company
7. Ingredion, Inc.
8. Pfizer, Inc.
9. ProAgro GmbH
10.Tereos SCA
11.Grain Processing Corporation
12.Avebe Group
13.AGRANA
14.Global Sweeteners Holdings
15.Fooding Group Limited
16.Gulshan Polyolsty
26.Whitehat Securit
Key questions answered in Glucose Market are:
- What is the expected Glucose market size by 2030?
- What is the growth rate of the Glucose Market?
- Which are the factors expected to drive the Glucose market growth?
- Which segment dominated the Glucose market growth?
- Which region held the largest share in the Glucose market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Glucose Market Regional Insights:
The report provides insights into the Glucose market across regions, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa. The Asia Pacific region is expected to lead the Glucose market due to the growing demand for Glucose in various applications, particularly in China, Japan, and India.
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