Industrial Glucose Market Size, Share, and Industry Analysis by Source (Corn, Wheat, Potato, and Others), By Form (Liquid and Granular), By Application (Foods & Beverages, Pharmaceuticals, Animal Feed, and Others), and Regional Forecast till 2032

The industrial glucose market is expanding with increasing innovation. Companies are continuously introducing new products to appeal to consumer preferences. Industrial glucose is a high-intensity natural sweetener derived from corn starch through enzymatic hydrolysis and purification. It is a polysaccharide with a thick texture used in food preparation, brewing, pharmaceuticals, and various chemical industrial processes.

Industrial Glucose Market Drivers

Rising Demand from Food and Beverages to Fuel the Market Growth

Industrial glucose is extensively utilized in the food and beverage sector as a texturizer, preservative, and sweetener. Processed food demand is growing and consumer preferences is shifting which is fueling the need for industrial glucose. In processed food, sugar is used to inhibit microbial growth and preventing spoilage, which is particularly important for packaged and pre-prepared foods. Industrial glucose is used in a variety of food and everages further propelling demand in the food industry.

Industrial Glucose Market Restraints

Health Concerns and Regulatory Measures to Hinder Market Growth

Conculsive research studies have verified that excessive sugar consumption can lead to harmful impact on human helath and thus to limit consumption of such products regulatory actions are being developed. AHA (American Heart Association) recommends that men should limit to 150 calories of added sugar per day. Similarly, for women the limit is set to 25 grams per day. Other regulatory restrictions include taxes on sugary products and stricter labeling requirements, which can limit the demand for industrial glucose, particularly in the food and beverage sector.

Industrial Glucose Market Opportunities

Product Innovation to Pave New Opportunities

The industrial glucose market is seeing continuous product innovation as major companies introduce new products to cater to larger customer bases, drive sales, and increase revenue. These modernizations reflect a broader trend in the industrial glucose market, with an emphasis on sustainable and eco-friendly production, technological advancements, the development of non-GMO and organic glucose products, the incorporation of artificial intelligence in production processes, and collaborative efforts for research and development in the glucose industry. For instance, in April 2023, Torani released Kettle Corn syrup as its newest flavor, aiming to replicate a movie-time experience in convenience-store coffee offerings. The flavor is part of Torani’s "Original Syrup line" and is crafted with natural flavors and cold-filtered water.

Segmentation

Key Insights

The report covers the following insights:

• Overview of the Parent Market
• Supply Chain Analysis
• Regulatory Landscape
• Recent Industry Development – New Product Launches, Mergers & Acquisitions, Investment Initiatives, and Others
• Qualitative Analysis Related to COVID-19

Analysis by Source

Based on source, the market is divided into corn, wheat, potato, and others.

The corn segment is a major source of the industrial glucose market. The abundance and availability of corn as a raw material to produce glucose are primary factors for its high market share, offering cost-effectiveness and competitive pricing compared to other products.

The industrial glucose market is projected to experience significant growth, particularly in the potato segment, driven by various factors influencing the demand across multiple industries. Potatoes are becoming a more popular source of industrial glucose due to their high starch content, which can be converted into glucose more efficiently compared to other sources, such as corn and wheat.

Analysis by Form

Based on form, the market is fragmented into liquid and granular.

The liquid segment holds the largest share of the global market. Liquid industrial glucose is used in food and beverage as a sweetener, thickener, or stabilizer due to its versatility. Other industries that use liquid industrial glucose include pharmaceuticals and cosmetics. Liquid industrial glucose is also used in diagnostic laboratories. The ready-to-use form of liquid glucose is widely implemented in applications where consistency is essential.

The granular glucose segment is particularly important due to its applications in food production and pharmaceuticals. Granular glucose offers advantages such as ease of storage and is popular among manufacturers.

Analysis by Application

Based on application, the market is subdivided into foods & beverages, pharmaceuticals, animal feed, and others.

The food and beverage segment is expected to hold a dominant position in the global market. Industrial glucose, especially glucose syrup, is widely used in the food and beverage industry because it exhibits characteristics complementary to natural sugar, including reducing the stickiness of sugar, preventing sugar from crystallizing, and retaining extra moisture. The application of glucose syrups can provide better texture, taste, glossiness, volume, improved stability, and a longer shelf-life for the final product.

The global industrial glucose market is poised for significant growth, particularly driven by the pharmaceutical segment. Industrial glucose plays a crucial role in pharmaceutical formulations, serving as an excipient in medications and contributing to the production of oral suspensions and syrups. The growing demand for effective and patient-friendly medications is a significant factor driving this trend.

Regional Analysis

Based on region, the market has been studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

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North America is currently the dominant force in the global industrial glucose market. North America produces a significant amount of maize, which is the key raw material for industrial glucose production. Advanced processing technologies in the region efficiently extract starch from maize kernels, boosting glucose production capacity. North America has a well-established food and beverage industry, which creates a substantial market for industrial glucose-derived components. Various food and beverage industries in the region drive the demand for industrial glucose. Glucose is used as a sweetener, thickener, and humectant in confectioneries, beverages, and dairy products.

The Asia Pacific region is expected to exhibit significant growth in the global glucose market, driven by several factors. The rising demand for sweet food products such as chocolates and ice cream, along with the easy availability of raw materials due to increased wheat and corn production in the region, is anticipated to boost market growth. The processed food industry is expected to be a major source of demand for glucose in this region.

Key Market Players

• Archer Daniels Midland Company (ADM) (U.S.)
• Ingredion Incorporated (U.S.)
• AGRANA Beteiligungs-AG (Austria)
• Tate & Lyle PLC (U.K.)
• Cargill Inc. (U.S.)
• Roquette Frères (France)
• Grain Processing Corporation (U.S.)
• Tereos S.A. (France)
• Fooding Group Limited (China)
• Global Sweeteners Holdings Limited (China)

Key Industry Development

• In March 2023, ADM introduced Reduced Sugar Glucose Syrup (RSGS), a replacement for traditional glucose syrups, which can reduce the sugar content in final food products by 30% compared to its traditional counterparts.
• In November 2020, Ingredion Inc. expanded its sugar reduction and specialty sweetener solutions in the Middle East and Africa with the launch of Stablesweet LD and Versasweet low-sugar glucose syrups. This glucose syrup, derived from corn, allows manufacturers to produce shelf-stable sweets with reduced sugar content and enhanced visual appeal. It is suited for chewy sweets, lollipops, hard-boiled candies, jellies, and gummies, providing increased shininess and transparency.