Global Fructose Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

15 Nov, 2021

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.

Global Fructose Market Size And Drivers:

The global fructose market is expected to grow from $4.36 billion in 2020 to $4.79 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The growth of the fructose market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fructose market is expected to reach $6.25 billion in 2025 at a CAGR of 6.9%. The increasing demand for low-sugar and low-calorie food items is contributing to the growth of the fructose market.

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Trends In The Global Fructose Market

The development of innovative design tools is shaping the fructose market. Major companies operating in the fructose sector are focused on developing innovative tools to strengthen their position. For instance, in July 2020, Tate & Lyle PLC, a UK-based food and beverage ingredients provider launched Sweetener Vantage Expert Systems. It is a set of new and unique sweetener solution design tools developed to assist formulators in creating sugar-free foods and beverages utilizing low-calorie sweeteners. Sweetener Vantage Expert Systems were created in response to client demand for additional predictive tools to boost production efficiency and decrease development time. They will help formulators handle their formulation difficulties more effectively.

Global Fructose Market Segments:
The global fructose market is further 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 global fructose market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Fructose Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides fructose market overviews, analyzes and forecasts market size and growth for the global fructose market, fructose market share, fructose market players, fructose market segments and geographies, fructose market’s leading competitors’ revenues, profiles and market shares. The fructose market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.