What is the Historical Analysis of the Glucose Market Size?
The glucose market has seen considerable growth due to a variety of factors.
• The glucose market has experienced significant growth in recent years. It is anticipated to increase from a value of $54.3 billion in 2024 to $57.78 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.4%.
Factors contributing to the growth during the historic period include the rising cases of diabetes, an aging population, lifestyle and dietary changes, government schemes, and improved healthcare facilities.
What is the Forecasted Growth of the Glucose Market Size?
The glucose market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of glucose is predicted to witness robust expansion in the coming years, amounting to $74.49 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%.
Factors contributing to the growth in this forecast period include increasing demand for bakery items, an expanding market for cosmetics and personal care products, surging demand for processed foods, a rise in disposable income, and increasing urbanization. Key trends expected during this forecast period include personalized glucose management, remote glucose monitoring solutions, the integration of artificial intelligence and data analytics, non-invasive glucose monitoring, and interventions in lifestyle and nutrition.
What Key Factors and Trends are Driving the Growth of the Glucose Market?
The surge in the need for glucose from the baking and candy making industry is projected to stimulate the glucose market's expansion in the future. The word 'confectionery' refers to a category of treats or chocolates made from sugar and rich in carbohydrates. The most prevalent types of confections include those made by bakers and those made with sugar. Glucose, because of its ability to enhance the taste of candies and other food items, is employed in the production of bakery and confectionery goods. For instance, in Europe, during the years 2023-2024, the beet sugar output came to a halt at 14.8 MMT, as reported by the United States Department of Agriculture, marking a 7% growth from the previous year. Consequently, the escalating demand from the bakery and confectionery industry is fuelling the growth of the glucose market.
What are the Market Segments in the Glucose Market?
The glucose market covered in this report is segmented –
1) By Form: Syrup, Solid
2) By Source: Wheat, Corn, Other Sources
3) By Application: Food and Beverage, Pharmaceutical, Cosmetics, Personal Care, Pulp and Paper, Other Applications
Subsegments:
1) By Syrup: Liquid Glucose Syrup, High Fructose Corn Syrup (HFCS)
2) By Solid: Glucose Powder, Dextrose Monohydrate, Glucose Crystals
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What Trends are Shaping the Glucose Market?
The emergence of glucose Functional Tea as a significant trend prevailing in the glucose market has increased. Primarily, companies within the glucose market are channeling their focus towards the innovation of glucose Functional Tea to cater to consumer needs and solidify their market standing. A noteworthy example of this was in June 2024, when the Netherland-based tech development company, Lifesense Group, unveiled its Novel GlucoLogic Functional Tea. This unique tea helps reduce the glycemic index of dietary carbohydrates, thus aiding in managing energy fluctuations, appetite, and weight gain. Ingredients of GlucoLogic tea include not just Reducose, but a variety of beneficial components like the prebiotic fiber fructan, soluble fiber inulin, and black tea antioxidants (polyphenols). Consuming LifeSense GlucoLogic tea with meals directly acts on the body, enabling consumers to regulate their blood sugar levels, improve their health while relishing their desired foods without any guilt.
Who Are the Key Players in the Glucose Market?
Major companies operating in the glucose market include:
• Archer Daniels Midland Company
• Ingredion Inc.
• AGRANA Beteiligungs-AG
• Tate & Lyle Plc
• Cargill Inc.
• Roquette Frères SA
• Grain Processing Corp
• Tereos Internacional SA
• Gulshan Polyols Ltd.
• Global Sweeteners Holdings Ltd.
• Avebe Group
• Luzhou Ruixiang Food Co Ltd.
• Capital Glucose Company Ltd.
• Hebei Yunhao Technology Co Ltd.
• Luzhou Bio-Chem Technology (Shandong) Co Ltd.
• Fooding Group Ltd.
• HL Agro Products Private Ltd.
• Bakers Kitchen
• Beneo Asia-Pacific Pte Ltd.
• DGF Service Ltd.
• Bannari Amman Sugars Ltd.
• Anhui Wincom Chemical Co Ltd.
• Malt Products Corporation
• Zhangqiu Isen-Granule Manufacturing Science and Technology Co Ltd.
• Henan Feitian Agricultural Development Stock Co Ltd.
• Shandong Tianli Pharmaceutical Co Ltd.
• Gujarat Ambuja Exports Ltd.
• Sayaji Industries Ltd.
What are the Regional Insights into the Glucose Market?
North America was the largest region in the glucose market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the glucose market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
