Glucose Syrup Market Size, Share & Trends Analysis Report By Grade (Food, Pharma), By Application (Sweetening Agent, Wine), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 75 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global glucose syrup market size is expected to reach USD 4.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Long shelf life, nontoxicity, anti-crystal, anti-freezing humectant (an element that retains moisture and maintains freshness), and preservative properties are fueling the demand for glucose syrup. Additionally, industries such as confectionery, pharmaceuticals, and food and beverages require glucose syrup as a sweetener.

Although adverse effects due to heavy intake of glucose syrup are causing a negative impact on the market growth. Additionally, public food systems, diversification of sugar over inefficient rationing, and falling cost due to market fragmentation, are some of the factors challenging the market. However, growing demand for convenience food and glucose syrup in baked food items like candy are some of the factors propelling the market growth. Application of glucose syrup as a thickener is gaining popularity.

The dextrose syrup market based on grade is classified as food, pharma, and others. The food and others segments are expected to witness significant growth over the forecast period, owing to high demand for sweeteners in the confectionery industry. In addition, beverages such as cold drinks hold a considerable share in the market. Fruit drinks and soft drinks contain almost 50.0% of glucose syrup. Intake of soft drinks and cold drinks has increased over the past few years, which, in turn, is boosting the market growth.

In 2018, Asia Pacific held the largest market share of 30.0% in terms of revenue. The region continues to be the leading market owing to rising demand for glucose syrup in China and India and growing need for a sugar replacement in these countries. Russia is anticipated to witness considerable growth due to its huge production of sugar beet.

Europe is likely to be one of the major regional markets over the forecast period owing to growing demand for the product in France and Germany. North America is expected to witness healthy growth over the forecast period owing to provision of farm subsidies by the government. This region has the most country-specific markets namely U.S., Canada, and Mexico, wherein U.S. is the most secure economy.

Various manufacturers are engaged in increasing the concentration of glucose syrup to increase the efficiency and reduce the transportation cost. The market is competitive in nature with a significant number of established players, investing heavily in R&D activities. Key players having a strong foothold in the global market are Cargill, Inc.; Agrana Group; Avebe U.A.; Bakers Kitchen; Archer Daniels; Midland; Beneo; DGF Service; Ingredion; Karo Syrup; Dr. Oetker; Grain Processing Corporation; L'Epicerie; Queen Fine Foods; Roquette Freres; and Tate and Lyle.

Further key findings from the study suggest:

• Food grade is projected to ascend at a CAGR of 4.7% over the forecast period

• Others inclusive of beverages dominated the global market with over 39.0% share of the overall revenue in 2018

• North America dominated the global market in 2018 and accounted for 25.6% share of the overall revenue. This trend is projected to continue over the next few years

• Countries such as Germany are considered to be the major markets due to high disposable income of the consumers, followed by India, China, and Japan in Asia Pacific

• The industry is highly competitive in nature due to presence of the main players including Cargill, Inc.; Bakers Kitchen; Archer Daniels Midland; Roquette Freres; and Tate and Lyle

• Various manufacturers are concentrating on new product launches, capacity expansion, and product portfolio extension to estimate existing and future demand patterns from upcoming application segments.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Glucose (Dextrose) Syrup Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Glucose (Dextrose) Syrup Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Grade Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Glucose (Dextrose) Syrup Market: Grade Estimates & Trend Analysis
                  5.1. Grade Movement Analysis & Market Share, 2018 & 2025
                  5.2. Food
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.3. Pharma
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.4. Others
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Glucose (Dextrose) Syrup Market: Application Estimates & Trend Analysis
                  6.1. Application Movement Analysis & Market Share, 2018 & 2025
                  6.2. Sweetening Agent
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. Wine
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.4. Others
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Glucose (Dextrose) Syrup Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.2.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                      7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.3.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                      7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion))
                      7.3.4. Germany
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                      7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      7.4.4. India 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      7.4.5. China
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.5.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  7.5. Central and South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.5.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                      7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      7.5.4. Brazil 
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.5.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  7.6. Middle East and Africa
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.6.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                      7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                      7.6.4. South Africa 
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.4.2. Market estimates and forecast, by grade, 2015 - 2025 (USD Billion)
                          7.6.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                  10.1. Luke's Organic
                      10.1.1 Company Overview
                      10.1.2 Financial Performance
                      10.1.3 Grade benchmarking
                      10.1.4 Strategic Initiatives
                  10.2 The Coca-Cola Company 
                      10.2.1 Company Overview
                      10.2.2 Financial Performance
                      10.2.3 Grade benchmarking
                      10.2.4 Strategic Initiatives
                  10.3 PepsiCo Inc.
                      10.3.1 Company Overview
                      10.3.2 Financial Performance
                      10.3.3 Grade benchmarking
                      10.3.4 Strategic Initiative
                  10.4 Danone S.A.
                      10.4.1 Company Overview
                      10.4.2 Financial Performance
                      10.4.3 Grade benchmarking
                  10.5 Tyrells Potato Crisps Limited
                      10.5.1 Company Overview
                      10.5.2 Financial Performance
                      10.5.3 Grade benchmarking
                      10.5.4 Strategic Initiative
                  10.6 Steric Trading Ptv. Ltd.
                      10.6.1 Company Overview
                      10.6.2 Financial Performance
                      10.6.3 Grade benchmarking
                  10.7 Lucozade Ribenna Suntory
                      10.7.1 Company Overview
                      10.7.2 Financial Performance
                      10.7.3 Grade benchmarking
                      10.7.4 Strategic Initiatives
                  10.8 Rhythm Superfoods
                      10.8.1 Company Overview
                      10.8.2 Financial Performance
                      10.8.3 Grade benchmarking
                      10.8.4 Strategic Initiatives
                  10.9 Kettle Foods Inc.
                      10.9.1 Company Overview
                      10.9.2 Financial Performance
                      10.9.3 Grade benchmarking
                  10.10 Green Mills Inc.
                      10.10.1 Company Overview
                      10.10.2 Grade benchmarking
                      10.10.3 Strategic Initiatives

List of Tables

TABLE 1 Glucose (Dextrose) Syrup - Market driver analysis
TABLE 2 Glucose (Dextrose) Syrup restraint analysis
TABLE 3 Glucose (Dextrose) Syrup estimates and forecasts in grade, 2015 - 2025 (USD Billion)
TABLE 4 Glucose (Dextrose) Syrup estimates and forecasts in application, 2015 - 2025 (USD Billion)
TABLE 5 North America Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 6 North America Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 7 North America Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 8 U.S. Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 9 U.S. Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 10 U.S. Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 11 Europe Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 12 Europe Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 13 Europe Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 14 Germany Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 15 Germany Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 16 Germany Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 17 Asia Pacific Glucose (Dextrose) Syrup estimates and forecasts, 2015- 2025 (USD Billion)
TABLE 18 Asia Pacific Glucose (Dextrose) Syrup revenue, by grade, 2015- 2025 (USD Billion)
TABLE 19 Asia Pacific Glucose (Dextrose) Syrup revenue, by application, 2015- 2025 (USD Billion)
TABLE 20 India Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 21 India Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 22 India Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 23 China Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 24 China Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 25 China Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 26 Central and South America Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 27 Central and South America Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 28 Central and South America Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 29 Brazil Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 30 Brazil Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 31 Brazil Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 32 Middle East and Africa Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 33 Middle East and Africa Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 34 Middle East and Africa Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)
TABLE 35 South Africa Glucose (Dextrose) Syrup estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 36 South Africa Glucose (Dextrose) Syrup revenue, by grade, 2015 - 2025 (USD Billion)
TABLE 37 South Africa Glucose (Dextrose) Syrup revenue, by application, 2015 - 2025 (USD Billion)

List of Figures

FIG. 1 Glucose (Dextrose) Syrup segmentation & scope
FIG. 2 Glucose (Dextrose) Syrup key opportunities prioritized
FIG. 3 Value chain analysis Organic Chips
FIG. 4 Glucose (Dextrose) Syrup dynamics
FIG. 5 Glucose (Dextrose) Syrup Porter's analysis
FIG. 6 Glucose (Dextrose) Syrup market: Grade movement analysis
FIG. 7 Glucose (Dextrose) Syrup market: Application movement analysis
FIG. 8 Regional market place: Key takeaways
FIG. 9 Glucose (Dextrose) Syrup market: Regional movement analysis
FIG. 10 Strategy framework