Glucose Syrup Industry Global Insights and Research Reports to 2024

Glucose is a simple sugar and is the primary energy source of the body and is ubiquitous in the body mechanisms and processes. Glucose features on the World Health Organization's List of Essential Medicines, due to its crucial role to life sustenance and maintenance.
The global glucose syrup Industry is projected to reach 29,888 kilo tons by volume at a CAGR of 3.6 % during the forecast period of 2016 to 2022.
Industry Dynamics:
Drivers
The essential nature of glucose and its versatile uses in healthcare coupled with growth of complimentary industries and applications such as food and beverage, pharmaceuticals, confectionery etc. are driving the global glucose syrup Industry.
The concentrated nature of glucose syrup reduces transportation costs resulting in efficiencies. The Government’s support to agriculture especially the sugar beet and sugarcane producers is another driver of the Industry. The situational growing demand for glucose syrup has resulted in North America and Europe being net importers of sugar as they failed to produce enough sugar from sugar beets. The glut was due to growing demand from confectionary, food and beverages industries. The explosive growth of canned and packaged foods is also charging the Industry.
Characteristics such as its long shelf-life, humectant and preservative properties, nontoxicity, anti-freezing and anti-crystal formation, and glaze generation are other factors driving the use of glucose syrup.
Restraints
Falling cost due to extreme Industry fragmentation, diversification of sugar through inefficient rationing and public food systems are restraining the Industry.
Dominant Players:
The major players in the global glucose syrup Industry are Cargill Inc. (U.S.), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Agrana Group (Austria), Roquette (France), Tate & Lyle plc (U.K.), Grain Processing Corporation (U.S.) and others.
Segmentation:
To generate a bird’s view of the Industry the global glucose syrup Industry has been segmented by source, grade, application, and region.
Regional Analysis:
Asia-Pacific region holds a lion’s share of more than 30 % by volume reflected by more than 10,000 kilo tons of production. China, India are the leading nations in the Asia Pacific region. Russia is expected to generate significant growth owing to its large production of sugar beet. The Latin American nations of Brazil, Venezuela, and Ecuador are expected to be a large Industry opportunity. 
North America is expected to generate the fastest growth of 3.94 % owing to large scale corn subsidies provided by the Government. Europe is expected to be led by France, Germany, Ukraine and others.
Middle East and Africa Industry is expected to be dominated by the African region nations of South Africa, Angola and others.

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