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Global Glucose Market by Application (F&B, Pharmaceutical, Pulp & Paper, Cosmetic & Personal Care), by Form (Solid, Syrup) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: DN-72569
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 94
  • No. Of Pages: 205
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global glucose market was valued at USD 42.9 billion in 2020. It is projected to grow at a compound annual rate (CAGR of 5.0%) between 2020 and 2028. The market is driven by the increasing demand for sugary drinks, bakery products, and other food and beverage products that use glucose (dextrose). Glucose is in high demand across many industries, including food and beverage, pharmaceutical, cosmetic, personal care and pulp and paper. It is used as a flavor enhancer and stabilizer, texture enhancer and adjunct, preservative, coating and bulking agent, as well as a preservative and coating agent. It is able to prevent crystallization of sugar molecules within confectionaries. These are some of the many benefits that glucose has that are driving its use and demand around the world.

The highest revenue share in the U.S. market was held by the glucose syrup segment. Because of the high availability of corn starch in the United States, glucose is mainly derived from corn syrup. The FDA has approved the use of glucose syrup/corn syrup by manufacturers under 21CFR184.1865. The syrup segment has been dominant in the market.

Chemically, glucose and dextrose have the same chemical structure and are often referred to interchangeably. According to the National Center for Biotechnology Information (NCBI), glucose can also be called dextrose, d-glucose or glucose. Hypoglycemia is a medical condition in which the blood sugar or glucose levels of a person are lower than normal. Dextrose injections can be used to treat it. If the patient is unable to drink enough liquid, or if additional liquid is required, these injections can provide extra water and carbohydrates (calories derived from sugar).

The main factor driving demand for glucose or dextrose is the expanding use of the product in the end-use sector. It is widely used in food and beverage as a sweetener and thickener and as a moisture-retaining agent. In the pharmaceutical industry, glucose is used to treat low sugar, acute alcohol poisoning, sulfonylurea addiction, sulfonylurea hyperdose, insulin overdose, insulin intoxication in children, high blood potassium, or hyperkalemia. is a website sponsored and maintained by The Personal Care Products Council and its member companies. It reports that glucose is used in cosmetics, personal care, and other product formulations such as skincare, hair care products and cleaning products. Their use in each market is due to the functions of glucose, including flavoring agent and humectant as well as skin-conditioning agents.

Covid-19 has had a negative impact on the market's growth due to the lockdowns that were announced by the governments of each country in order to stop the spread of the disease. Due to disruptions in supply chain models, there has been an increase in the supply and demand gap across the international market. For that period, the per capita incomes of these countries have been negatively affected, which has led to decreased sales revenue for manufacturers in end-use sectors such as food and beverage, pharmaceutical, pulp and paper, and other.

The side effects of excessive sugar consumption in food products are expected to limit growth over the period 2020-2028. Sugar intake can lead to excess fat accumulation, which can then turn into fatty liver acids. This can increase your risk of developing diabetes and other heart diseases. America is one of the countries that has a high sugar consumption. They are working hard to reduce it in final food and beverage products.

The American Heart Association (AHA) states that an American adult consumes 77g of sugar daily, more than three times the recommended limit. Men and women have different amounts of sugar. It is 150 calories for men (equals 37.5g, 9 teaspoons), and 100 calories for women (equals 25g, 6 teaspoons). The AHA also recommends that men not consume more than 150 calories per day of added sugar, while women should limit their intake to 100 calories.

Form Insights

The market was dominated by the syrup segment, which accounted for 71.2% of the total revenue share in 2020. It is expected to continue its dominance over the forecast period. It's basically liquid glucose that is derived from corn, but also from other cereal grains like wheat, rice and barley. AGRANA Beteiligungs-AG, for example, offers a range of glucose syrups under the brand AGENABON. The majority of them are made from wheat and corn.

Glucose syrup, also known as liquid glucose, is often available in a colorless form. It has a wide range of applications across food and beverages. These include bakery products, candy, beer, fondant and chocolate. Its beneficial properties include taste enhancement, bulking and moisture-retaining. They also prevent crystallization and lower freezing point.

The market for glucose syrup is constantly evolving with the introduction of non-GMO, low sugar, organic, vegan and organic syrups. These advanced products are becoming more popular in the global market because of their health benefits and lack of chemical pesticides, chemical fertilizers or chemical preservatives. These health benefits, along with antibiotic resistance, pesticide cutback and stronger immune system, are all reasons organic foods are growing in popularity. Organic products are also poison-free, non-GMO, and have lower chances of food-borne illnesses. AGENABON (organic sugar syrup solids), for example, helps to reduce microbiological spoilage and syneresis. This organic syrup, which is sold under the brand AGENABON, is recommended for organic and non GMO products like ice cream, sauces, ketchup, and spices.

Application Insights

Food and beverages dominated the market, with 53.4% of the total revenue. It is expected that the application segment will continue to dominate the market during the 2028 forecast. The market's largest revenue share is due to the wider application segment, which includes bakery, confectionery, dairy, soups and dressings, sauces, and beverages. The market is experiencing rapid growth due to the increased research and development activities of major industry players for the development and modification of existing products.

Market growth is being supported by the increasing demand for confectionery and bakery products, due to changing eating habits and growing urbanization. Dextrose is a good ingredient for baking products. It's easy to ferment, helps with bread making and browning, and it prevents crystallization in syrups and candies. It is therefore a good ingredient for baking products.

In confectionery applications, glucose (dextrose), is an important ingredient. It helps maintain the sweetness of sweets and enhances product quality. The most common products found in the confectionery sector that use glucose are gum and jelly products and hard candy. Market value is rising due to the increased marketing efforts by confectionary manufacturers, especially those that target children and adults.

According to forecasts, the cosmetics and personal care segment will experience the most growth between 2020-2028. This is due to the growing demand for personal and cosmetic care products by consumers in order to improve hygiene, self-esteem and well-being. To ensure safety, these products are regulated. Manufacturers are constantly looking for natural alternatives to synthetic sugars in order to meet the evolving regulations. In the EU, new products must be subject to a scientific safety assessment prior to being released on the market.

There is a new trend in cosmetics and personal care products for women. This includes new products from local brands as well as artisanal and natural products. This trend is expected to grow in a variety of cosmetics and personal products, including lipstick, skin care, and skincare. Women are increasingly looking for natural, clean, and even healthy products, especially in the area of skincare. Social media marketing techniques are supporting this trend, both in the international and local markets. This is because manufacturers can now easily connect with their target market through these platforms.

Regional Insights

Asia Pacific was the dominant market for glucose (Dextrose), accounting for 38.7% of the total revenue share in 2020. It is expected to maintain its dominance over the entire forecast period of 2020-2028. A large customer base is a key factor in achieving the highest regional market value. Major revenue contributors to the region are China and India, which are both major economies. These countries' large customer base and rapid economic development are driving the market.

Market growth is expected to be supported by the increasing demand for F&B and cosmetic products, as well as the growing urban population. The region's growing market value is also being accelerated by the expansion of key players due to growth opportunities such as rising purchasing power and changing eating habits.

Asia Pacific will be followed by the Middle East and Africa in 2020 in terms of revenue share (%),. The region is expected to remain at the top during the forecast period. The region's market value is being boosted by the booming tourism industry in countries like Saudi Arabia and the UAE. The region's market value is further supported by the constantly rising demand for natural ingredients and products from countries like South Africa, Saudi Arabia, UAE, and other Arab countries.

Europe is growing rapidly due to its major economies, including the U.K. and Germany. The current market demand is driven by organic, clean label, natural products. Europe's aging population is causing consumers to look for healthier options such as fresh, organic, and ethnic foods. As it has been in production for over a century, the region's dominant product is glucose syrup.

The U.S. was the dominant market in North America in 2020, in terms of revenue share. It is expected to continue leading the region market for the duration of the forecast period. This is due to the high consumption of sugar products in America. Market growth is supported by the high demand for sugar confectionaries, including chocolates and candies, due to their emotional benefits as well as being used occasionally as gifts.

Market Share Insights & Key Companies

Because the products are readily available from a wide range of global and local manufacturers, this market is extremely competitive. Companies are investing in R&D at their designated centers to increase their market share. In order to meet growing demand in all industry verticals (F&B, pharmaceuticals, cosmetics, personal care, industrial fermentation), capacity expansion is a key strategy.

The main players are involved in strategic development activities related to Research and Development (R&D), acquisitions and mergers, new product development and capacity expansion. ADM acquired Chamtor SA from France in July 2017 in order to increase its global share of the sweetener and starch market. The following are some of the most prominent players in the global glucose market (dextrose).

  • Archer Daniels Midland Company, (ADM).

  • Ingredion Incorporated

  • AGRANA Beteiligungs-AG

  • Tate & Lyle PLC

  • Cargill, Incorporated

  • Roquette Freres

  • Grain Processing Corporation

  • Tereos S.A.

  • Fooding Group Limited

  • Global Sweeteners Holdings Limited

Up Market Research published a new report titled “Glucose Market research report which is segmented by Application (F&B, Pharmaceutical, Pulp & Paper, Cosmetic & Personal Care), by Form (Solid, Syrup), By Players/Companies Global Sweeteners Holdings Limited, Cargill Incorporated, Archer Daniels Midland Company (ADM), Tereos SA, Roquette Fr¨res, Fooding Group Limited, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Ingredion Incorporated, Grain Processing Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

Report AttributesReport Details
Report TitleGlucose Market Research Report
By ApplicationF&B, Pharmaceutical, Pulp & Paper, Cosmetic & Personal Care
By FormSolid, Syrup
By CompaniesGlobal Sweeteners Holdings Limited, Cargill Incorporated, Archer Daniels Midland Company (ADM), Tereos SA, Roquette Fr¨res, Fooding Group Limited, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Ingredion Incorporated, Grain Processing Corporation
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages205
Number of Tables & Figures144
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Glucose Industry Outlook

Global Glucose Market Report Segments:

The market is segmented by Application (F&B, Pharmaceutical, Pulp & Paper, Cosmetic & Personal Care), by Form (Solid, Syrup).

Glucose Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Glucose Market

Overview of the regional outlook of the Glucose Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Glucose Market Overview

Highlights of The Glucose Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Glucose Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. F&B

                2. Pharmaceutical

                3. Pulp & Paper

                4. Cosmetic & Personal Care

        7. By Form:

                1. Solid

                2. Syrup

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Glucose Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Glucose Market Trends

Reasons to Purchase the Glucose Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glucose Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Glucose Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Glucose Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Glucose Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Glucose Market Size & Forecast, 2018-2028 
      4.5.1 Glucose Market Size and Y-o-Y Growth 
      4.5.2 Glucose Market Absolute $ Opportunity 

Chapter 5 Global Glucose Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 Glucose Market Size Forecast by Application
      5.2.1 F&B
      5.2.2 Pharmaceutical
      5.2.3 Pulp & Paper
      5.2.4 Cosmetic & Personal Care
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global Glucose Market Analysis and Forecast by Form
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Form
      6.1.2 Basis Point Share (BPS) Analysis by Form
      6.1.3 Absolute $ Opportunity Assessment by Form
   6.2 Glucose Market Size Forecast by Form
      6.2.1 Solid
      6.2.2 Syrup
   6.3 Market Attractiveness Analysis by Form

Chapter 7 Global Glucose Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Glucose Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Glucose Analysis and Forecast
   9.1 Introduction
   9.2 North America Glucose Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Glucose Market Size Forecast by Application
      9.6.1 F&B
      9.6.2 Pharmaceutical
      9.6.3 Pulp & Paper
      9.6.4 Cosmetic & Personal Care
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application
   9.10 North America Glucose Market Size Forecast by Form
      9.10.1 Solid
      9.10.2 Syrup
   9.11 Basis Point Share (BPS) Analysis by Form 
   9.12 Absolute $ Opportunity Assessment by Form 
   9.13 Market Attractiveness Analysis by Form

Chapter 10 Europe Glucose Analysis and Forecast
   10.1 Introduction
   10.2 Europe Glucose Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Glucose Market Size Forecast by Application
      10.6.1 F&B
      10.6.2 Pharmaceutical
      10.6.3 Pulp & Paper
      10.6.4 Cosmetic & Personal Care
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application
   10.10 Europe Glucose Market Size Forecast by Form
      10.10.1 Solid
      10.10.2 Syrup
   10.11 Basis Point Share (BPS) Analysis by Form 
   10.12 Absolute $ Opportunity Assessment by Form 
   10.13 Market Attractiveness Analysis by Form

Chapter 11 Asia Pacific Glucose Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Glucose Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Glucose Market Size Forecast by Application
      11.6.1 F&B
      11.6.2 Pharmaceutical
      11.6.3 Pulp & Paper
      11.6.4 Cosmetic & Personal Care
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application
   11.10 Asia Pacific Glucose Market Size Forecast by Form
      11.10.1 Solid
      11.10.2 Syrup
   11.11 Basis Point Share (BPS) Analysis by Form 
   11.12 Absolute $ Opportunity Assessment by Form 
   11.13 Market Attractiveness Analysis by Form

Chapter 12 Latin America Glucose Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Glucose Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Glucose Market Size Forecast by Application
      12.6.1 F&B
      12.6.2 Pharmaceutical
      12.6.3 Pulp & Paper
      12.6.4 Cosmetic & Personal Care
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application
   12.10 Latin America Glucose Market Size Forecast by Form
      12.10.1 Solid
      12.10.2 Syrup
   12.11 Basis Point Share (BPS) Analysis by Form 
   12.12 Absolute $ Opportunity Assessment by Form 
   12.13 Market Attractiveness Analysis by Form

Chapter 13 Middle East & Africa (MEA) Glucose Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Glucose Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Glucose Market Size Forecast by Application
      13.6.1 F&B
      13.6.2 Pharmaceutical
      13.6.3 Pulp & Paper
      13.6.4 Cosmetic & Personal Care
   13.7 Basis Point Share (BPS) Analysis by Application 
   13.8 Absolute $ Opportunity Assessment by Application 
   13.9 Market Attractiveness Analysis by Application
   13.10 Middle East & Africa (MEA) Glucose Market Size Forecast by Form
      13.10.1 Solid
      13.10.2 Syrup
   13.11 Basis Point Share (BPS) Analysis by Form 
   13.12 Absolute $ Opportunity Assessment by Form 
   13.13 Market Attractiveness Analysis by Form

Chapter 14 Competition Landscape 
   14.1 Glucose Market: Competitive Dashboard
   14.2 Global Glucose Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Global Sweeteners Holdings Limited
      14.3.2 Cargill Incorporated
      14.3.3 Archer Daniels Midland Company (ADM)
      14.3.4 Tereos SA
      14.3.5 Roquette Fr¨res
      14.3.6 Fooding Group Limited
      14.3.7 Tate & Lyle PLC
      14.3.8 AGRANA Beteiligungs-AG
      14.3.9 Ingredion Incorporated
      14.3.10 Grain Processing Corporation
Segments Covered in the Report
The global Glucose market has been segmented based on

By Application
  • F&B
  • Pharmaceutical
  • Pulp & Paper
  • Cosmetic & Personal Care
By Form
  • Solid
  • Syrup
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Global Sweeteners Holdings Limited
  • Cargill Incorporated
  • Archer Daniels Midland Company (ADM)
  • Tereos SA
  • Roquette Fr¨res
  • Fooding Group Limited
  • Tate & Lyle PLC
  • AGRANA Beteiligungs-AG
  • Ingredion Incorporated
  • Grain Processing Corporation

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