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2021
Starch Glucose Syrup Market

Starch Glucose Syrup Market by Function (Sweetening Agent, Thickening Agent, and Moisture Retaining Agent), Grade (Food and Pharmaceuticals), Application (Food Processing Industry, Pharmaceuticals, and Cosmetics), Distribution Channel (B2B and B2C): Global Opportunity Analysis and Industry Forecast, 2021–2030

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Plant-based starch glucose syrups are utilized in culinary and beverage goods. These are carbohydrate sugars obtained mostly from grains like wheat and maize, as well as other starch-rich foods like rice and potatoes.

Along with boosting the taste of the food, starch glucose syrups help to improve the texture and glossiness of the dish. It is often seen in a translucent viscous condition and is produced by hydrolysis, which breaks down carbs into smaller molecules.

As a result, starch glucose syrup is a refined, concentrated aqueous solution of a sugar mixture (glucose, maltose, and oligomers) formed by controlled partial hydrolysis of edible starch.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Regions Covered

  North America, Europe, Asia-Pacific, and LAMEA

  Segments Covered

  Function, Grade,  Application, Distribution Channel, and Region

  Companies Covered

Queen Fine Foods, Bakers Kitchen, Dr.Oetker, DGF Service, Karo Syrup, L'Epicerie and SunarMisir

 

COVID-19 Impact Analysis

  • An increase in demand for processed and packaged goods and beverages during the early stages of the COVID-19 crisis was witnesses. The spike in demand stems solely from the desire to stockpile food supplies that may last for months in the event of a pandemic.
  • The market for starch glucose syrup is predicted to develop in response to rise in demand for processed foods. In addition, the global supply chain returned to normal, boosting the growth of the starch glucose syrup market.
  • The starch glucose syrup market research provides an in-depth analysis of the industry. It accomplishes this thorough in-depth qualitative insights, historical data, and credible market size predictions. The report's estimates are based on well-established research methodology and assumptions.
  • As a result, the research study offers a one-stop shop for analysis and data on all aspect of the starch glucose syrup market.

Top Impacting Factors
The worldwide food market is seeing an increase in demand for bakery items, owing to rising consumer expenditure. Bread is a basic food in many cultures and countries, and it is often inexpensive.
With the emergence of luxury sweet products such as cakes and pastries, the bakery market's outlook shifted. Cakes and pastries have gradually become a part of everyday life, typically enjoyed during celebrations and other special events.
Consumers can now enjoy their favorite high-priced bakery products on a regular basis as their per capita income rises. In addition to traditional media, digital media plays an essential role in promoting bakery products and ingredients.
The bakery market experienced a boom in demand not only for bakery supplies but also for household baking equipment as a result of the introduction of food channels, food blogging, and food recipe apps. As baking bread at home is a time-consuming operation, customers in industrialized countries prefer to buy bread for their daily meals.
Gradual westernization in developing-country cities is gradually adopting the habit of eating bread as a meal rather than a snack. As a result of the rise in demand for bakery products, the starch glucose syrup market is expected to grow.
Market Trends
Increase in Natural and Vegan Product Demand to Supplement Starch Syrup Demand

  • As customers become more health-conscious, there is a greater need for natural components rather than synthetic ones, propelling the starch syrup business forward. In the pharmaceutical, brewing, and food and beverage industries, starch syrup is used as a natural thickening and sweetener. Because of rising consumer disposable incomes and rising demand for processed foods, growth is stronger in developing nations.Increased sales of end-use products such as bars, snacks, jams, cereals, and others are arising from increasing distribution channels and the increased popularity of online platforms, driving sector growth. The rising demand for vegan products is projected to lead to an increase in the use of starch syrup in various formulations over the forecast period. This is predicted to have a beneficial impact on market expansion.

The booming food and beverage industry is driving the growth of the starch syrup market.

  • The demand for starch syrup in the food and beverage sector is being driven by the increased consumption of beverages and functional foods around the world. The starch syrup may be easily included into a number of food products, ranging from bars and cereals to dairy and bread, due to its beneficial characteristics. The burgeoning population and rising consumer disposable incomes are both helping to propel the business forward. The substance is also used in the pharmaceutical and brewing industries. The Asia Pacific region is predicted to grow at a strong rate over the projection period.The increasing demand for nutritious confectionary goods, technological improvements in the food industry, growing population, improved living standards, and increased penetration of key players in emerging economies like India are all contributing to market growth in this area.

Key Segments Covered
Function:

  • Sweetening Agent
  • Thickening Agent
  • Moisture-retaining Agent

Grade:

  • Food
  • Pharmaceutical

Application:

  • Food Processing Industry
    • Bakery
    • Confectionery
    • Dairy Products
    • Beverages
    • Others (Jam, Sauces)
  • Pharmaceuticals
  • Cosmetics

Distribution Channel:

  • B2B
  • B2C
    • Modern Trade
    • Convenience Store
    • Online Retail
    • Others (Wholesaler)

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the starch glucose syrup industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the starch glucose syrup market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the starch glucose syrup market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed starch glucose syrup market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Starch Glucose Syrup Market Research Report

  • Which are the leading players active in the ‘starch glucose syrup market’?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is “starch glucose syrup market “prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "STARCH GLUCOSE SYRUPMARKET”?
 
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