How Global Glucose Market Players Should Strategize For 2022-2031

20 Sep, 2022

The global glucose market size is expected to grow from $44.0 billion in 2021 to $47.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global glucose market size is expected to grow to $58.65 billion in 2026 at a CAGR of 5.2%.

What is the Global Glucose Market?

The glucose market consists of sales of glucose products by entities (organizations, sole proprietorships, and partnerships) that are used to deliver carbohydrate calories when a person is unable to eat due to illness, accident, or another medical condition. Glucose is the most common form of sugar in the blood and the body's primary source of energy. Glucose is used in the production of flavour enhancers, stabilizers, taste enhancers, humectants, vitamins, preservatives, coatings, and bulking agents. The main property of glucose is that it prevents sugar molecules from crystallizing in confectionaries.

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What drives the Global Glucose Market?

The introduction of low sugar glucose syrup has emerged as a key trend gaining popularity in the glucose market. Major companies operating in the glucose market are focused on the introduction of low-sugar glucose syrups to meet consumer demand and reinforce their position. For instance, in November 2020, Ingredion, a US-based company that manufactures glucose-related products launched a stable sweet low sugar glucose syrup. It is manufactured with the help of corn. The company would bring these stable sweet low sugar glucose syrups in different forms such as chewy sweets, lollipops, hard-boiled candy, jellies, and gummies. This helps to reduce stickiness and sugar recrystallization of the final product while providing improved color and shelf-life stability.

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Global Glucose Market Segments
The global glucose market is segmented:
By Form: Syrup, Solid
By Source: Wheat, Corn, Others
By Application: Food and Beverage, Pharmaceutical, Cosmetics, Personal Care, Pulp and Paper, Others
By Geography: The regions covered in the glucose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global glucose market.

Glucose Global Market Report 2022 provides market size and growth forecasts for the global glucose market, global glucose market share, glucose market segments and geographies, glucose market competitive landscape including leading competitors’ revenues, profiles and market shares. The glucose market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Glucose Industry Players include Archer Daniels Midland Company (ADM), Ingredion Incorporated, Agrana, Tate & Lyle, Cargill Inc, Roquette Frères, Grain Processing Corporation, Tereos, Gulshan Polyols, Global Sweeteners Holdings Limited, and Avebe Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.