The North America Glucose Syrup Market would witness market growth of 3.8% CAGR during the forecast period (2022-2028).
The demand for cakes & baked items is rising on a global scale. Further, due to its consistency, glucose syrup is frequently utilized in the creation of sweets. It has no negative effects on the product's appearance and encourages water retention, which keeps baked goods fresh, glucose syrup is chosen for cooking. Since glucose syrups avoid a gritty texture and maintain smoothness, their use in the creation of confectionery products has increased. As glucose syrup gives the yeast a source of energy, its use in the brewing industry has increased.
Additional restrictions apply to foods containing glucose syrup because they have high sugar content and may cause weight gain. When glucose syrup is consumed, the body also eats extra sugar, which can lead to a number of health problems. On the other hand, the market is anticipated to grow in the coming years due to the expansion of the food and beverage sectors in developing nations, changes in dietary preferences, and a rise in health consciousness.
Major companies with a significant presence in the US, including Bakers Kitchen Inc., are the main drivers of market expansion there. Due to the popularity of sweets in the nation, they would continue to hold the highest share in the target market. The government's offer of agriculture subsidies is causing the regional market for glucose syrup to expand. Since the United States has the most stable economy, this region has the most markets that are focused on just the United States, Canada, and Mexico. One of the biggest markets for glucose syrup is North America. A significant driver of the expansion of the local market is the rising demand for glucose syrup in the United States.
The US market dominated the North America Glucose Syrup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,014.5 Million by 2028. The Canada market is poised to grow at a CAGR of 6.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.2% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Glucose Syrup Market is Estimated to reach $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.
Scope of the Study
Market Segments Covered in the Report:
By Grade
- Beverages
- Food
- Pharma & Others
By Application
- Wine
- Sweetening Agent
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Roquette Freres SA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Glucose Syrup Market, by Grade
1.4.2 North America Glucose Syrup Market, by Application
1.4.3 North America Glucose Syrup Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Glucose Syrup Market
Chapter 4. North America Glucose Syrup Market by Grade
4.1 North America Beverages Market by Country
4.2 North America Food Market by Country
4.3 North America Pharma & Others Market by Country
Chapter 5. North America Glucose Syrup Market by Application
5.1 North America Wine Market by Country
5.2 North America Sweetening Agent Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Glucose Syrup Market by Country
6.1 US Glucose Syrup Market
6.1.1 US Glucose Syrup Market by Grade
6.1.2 US Glucose Syrup Market by Application
6.2 Canada Glucose Syrup Market
6.2.1 Canada Glucose Syrup Market by Grade
6.2.2 Canada Glucose Syrup Market by Application
6.3 Mexico Glucose Syrup Market
6.3.1 Mexico Glucose Syrup Market by Grade
6.3.2 Mexico Glucose Syrup Market by Application
6.4 Rest of North America Glucose Syrup Market
6.4.1 Rest of North America Glucose Syrup Market by Grade
6.4.2 Rest of North America Glucose Syrup Market by Application
Chapter 7. Company Profiles
7.1 Dr. August Oetker KG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.2 Archer Daniels Midland Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 Ingredion, Incorporated
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.5.3 Acquisition and Mergers:
7.4 AGRANA Beteiligungs-AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Tate & Lyle PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 BENEO GmbH (Südzucker AG)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Cargill Corporation
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.7.2.2 Acquisition and Mergers:
7.8 Grain Processing Corporation (Kent Corporation)
7.8.1 Company Overview
7.9 Royal Avebe U.A.
7.9.1 Company Overview
7.10. Roquette Freres SA
7.10.1 Company Overview
TABLE 1 North America Glucose Syrup Market, 2018 - 2021, USD Million
TABLE 2 North America Glucose Syrup Market, 2022 - 2028, USD Million
TABLE 3 North America Glucose Syrup Market by Grade, 2018 - 2021, USD Million
TABLE 4 North America Glucose Syrup Market by Grade, 2022 - 2028, USD Million
TABLE 5 North America Beverages Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Beverages Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Food Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Food Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Pharma & Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Pharma & Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Glucose Syrup Market by Application, 2018 - 2021, USD Million
TABLE 12 North America Glucose Syrup Market by Application, 2022 - 2028, USD Million
TABLE 13 North America Wine Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Wine Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Sweetening Agent Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Sweetening Agent Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Glucose Syrup Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Glucose Syrup Market by Country, 2022 - 2028, USD Million
TABLE 21 US Glucose Syrup Market, 2018 - 2021, USD Million
TABLE 22 US Glucose Syrup Market, 2022 - 2028, USD Million
TABLE 23 US Glucose Syrup Market by Grade, 2018 - 2021, USD Million
TABLE 24 US Glucose Syrup Market by Grade, 2022 - 2028, USD Million
TABLE 25 US Glucose Syrup Market by Application, 2018 - 2021, USD Million
TABLE 26 US Glucose Syrup Market by Application, 2022 - 2028, USD Million
TABLE 27 Canada Glucose Syrup Market, 2018 - 2021, USD Million
TABLE 28 Canada Glucose Syrup Market, 2022 - 2028, USD Million
TABLE 29 Canada Glucose Syrup Market by Grade, 2018 - 2021, USD Million
TABLE 30 Canada Glucose Syrup Market by Grade, 2022 - 2028, USD Million
TABLE 31 Canada Glucose Syrup Market by Application, 2018 - 2021, USD Million
TABLE 32 Canada Glucose Syrup Market by Application, 2022 - 2028, USD Million
TABLE 33 Mexico Glucose Syrup Market, 2018 - 2021, USD Million
TABLE 34 Mexico Glucose Syrup Market, 2022 - 2028, USD Million
TABLE 35 Mexico Glucose Syrup Market by Grade, 2018 - 2021, USD Million
TABLE 36 Mexico Glucose Syrup Market by Grade, 2022 - 2028, USD Million
TABLE 37 Mexico Glucose Syrup Market by Application, 2018 - 2021, USD Million
TABLE 38 Mexico Glucose Syrup Market by Application, 2022 - 2028, USD Million
TABLE 39 Rest of North America Glucose Syrup Market, 2018 - 2021, USD Million
TABLE 40 Rest of North America Glucose Syrup Market, 2022 - 2028, USD Million
TABLE 41 Rest of North America Glucose Syrup Market by Grade, 2018 - 2021, USD Million
TABLE 42 Rest of North America Glucose Syrup Market by Grade, 2022 - 2028, USD Million
TABLE 43 Rest of North America Glucose Syrup Market by Application, 2018 - 2021, USD Million
TABLE 44 Rest of North America Glucose Syrup Market by Application, 2022 - 2028, USD Million
TABLE 45 Key Information – Dr. August Oetker KG
TABLE 46 key Information – Archer Daniels Midland Company
TABLE 47 Key Information – Ingredion, Incorporated
TABLE 48 Key Information – AGRANA Beteiligungs-AG
TABLE 49 Key Information – Tate & Lyle PLC
TABLE 50 Key Information – BENEO GmbH
TABLE 51 Key Information – Cargill Corporation
TABLE 52 Key Information – Grain Processing Corporation
TABLE 53 Key information – Royal Avebe U.A.
TABLE 54 key Information – Roquette Freres SA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Ingredion Incorporated
FIG 3 Recent strategies and developments: Cargill Corporation