The global fructose market size is expected to grow from $4.79 billion in 2021 to $5.28 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global fructose market size is expected to grow to $6.58 billion in 2026 at a CAGR of 5.7%.
What is the Global Fructose Market?
The fructose market consists of sales of fructose products by entities (organizations, sole traders, and partnerships) that are used in the food and beverage industry in the form of sweeteners due to their high relative sweetness and low cost. Fructose is a monosaccharide that occurs in fruits, vegetables, honey, and some plants. The fructose industry includes establishments that derive fructose from various raw materials, such as sugarcane, sugar beet, and corn. Fructose is available in both pure crystalline form and as a component of syrups.
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What drives the Global Fructose Market?
The increasing demand for low-sugar and low-calorie food items is contributing to the growth of the fructose market. More individuals are opting for low-sugar, low-calorie foods since they are an excellent way to lose weight while also providing a rich source of vitamins and minerals that are beneficial to one's overall health. As fructose is sweeter than sugar, it can be used to sweeten foods and beverages in smaller amounts. When employed in proper product formulations, this aids in the reduction of calories in foods and beverages, as well as the reduction of future excitation from eating. For instance, according to a survey conducted in 2020 by Archer Daniels Midland (ADM), a US-based food processing company, 67% of customers are concerned about sugars and sweeteners, with 39% indicating that lower sugar is essential to them when it comes to convenience foods, drinks, and snacks. Therefore, the increasing demand for low sugars and low calories is expected to drive the growth of the fructose market in the coming years.
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Global Fructose Market Segments
The global fructose market is segmented:
By Product: High Fructose Corn Syrup, Fructose Syrups, Fructose Solids
By Source: Sugarcane, Sugar Beet, Corn, Fruits and Vegetables
By Application: Dairy Products, Baked Goods, Beverages, Cosmetics and Personal Care, Sports Nutrition, Drug Formulations, Others
By Geography: The regions covered in the fructose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Fructose Global Market Report 2022provides market size and growth forecasts for the global fructose market, global fructose market share, fructose global market segments and geographies, fructose market competitive landscape including leading competitors’ revenues, profiles and market shares. The fructose global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Fructose Industry Playersinclude Archer Daniels Midland Company, Atlantic Chemicals Trading, Cargill Corporation, DuPont Nutrition & Biosciences, Galam Ltd., Global Sweeteners Holdings, Ingredion Incorporated, Roquette Freres, Shijiazhuang Huaxu Pharmaceutical Co. Ltd, Showa Sangyo Co. Ltd., The Agrana Group, Ajinomoto Co. Inc., COFCO Rongshi Biotechnology Co Ltd, Japan Corn Starch Co. Ltd, Kerry Group, Navarest, and NOW Foods. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
