The Asia Pacific Glucose Syrup Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Corn starch was subjected to high temperatures and pressurized acid hydrolysis during the initial production of glucose syrups. The average product had a DE of 42, but the quality was inconsistent since it was challenging to manage the reaction. As a result of the creation of hydroxymethylfurfural and other byproducts, higher DE syrups produced through acid hydrolysis typically have a bitter flavor and a dark color. Owing to the inexpensive cost of acid hydrolysis, this kind of product is currently produced utilizing a constant converting method and is still frequently used.
Enzymatic hydrolysis can also replicate the sugar profile of a confectioner's syrup. A common sugar alternative is glucose syrup. Because cornstarch is typically its primary component, it is more frequently referred to as corn syrup. It is any liquid starch made up of carbs from a purely chemical standpoint. It can be manufactured from any type of starch, including wheat, rice, or potatoes, in addition to cornstarch.
Due to the rising need for a sugar alternative and the expanded demand for glucose syrup in these nations, China and India continue to hold the top two positions in the market. Customers are seeking more natural and healthy alternatives to traditional sugar to combat diseases like diabetes and obesity. By buying syrup product lines that help treat conditions like diabetes and obesity, potential clients are converting from conventional sugar alternatives to a more organic and healthier alternative. Moreover, there are improved dietary practices and the adoption of western culture in emerging economies. Regional market expansion is anticipated to be fueled by the entry of new players and brand names, as well as the availability of sustainably produced snack foods on e-commerce platforms in nations like China and India.
The China market dominated the Asia Pacific Glucose Syrup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $518.2 Million by 2028. The Japan market is estimated to grow a CAGR of 4.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.6% during (2022 - 2028).
Based on Grade, the market is segmented into Beverages, Food and Pharma & Others. Based on Application, the market is segmented into Wine, Sweetening Agent and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Glucose Syrup Market is Projected to reach USD 5.1 Billion by 2028, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dr. August Oetker KG, Archer Daniels Midland Company, Ingredion, Incorporated, AGRANA Beteiligungs-AG, Tate & Lyle PLC, BENEO GmbH (Südzucker AG), Cargill Corporation, Grain Processing Corporation (Kent Corporation), Royal Avebe U.A., and Roquette Freres SA.
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