Market Research Report
Fructose Market Size, Share & Trends Analysis Report By Product (Fructose Syrups, High Fructose Corn Syrup), By Application (Beverages, Processed Foods), By Region (APAC, North America), And Segment Forecasts, 2020 - 2027
|Published by||Grand View Research, Inc.||Product code||977778|
|Published||Content info||100 Pages
Delivery time: 2-3 business days
|Fructose Market Size, Share & Trends Analysis Report By Product (Fructose Syrups, High Fructose Corn Syrup), By Application (Beverages, Processed Foods), By Region (APAC, North America), And Segment Forecasts, 2020 - 2027|
|Published: November 9, 2020||Content info: 100 Pages||
The global fructose market size is expected to reach USD 6.01 billion by 2027 registering a CAGR of 4.1%, according to a new report by Grand View Research, Inc. The growing demand for low-calorie sweeteners owing to rising consumer awareness regarding the adverse effects of white sugar is likely to augment the industry growth. The global market has been witnessing steady growth with the changing consumer dietary habits and increasing cases of health issues, such as obesity and diabetes.
Furthermore, approval of several food quality control organizations across the world for the addition of fructose in processed foods is likely to have a positive impact on industry growth. Fructose contributes many useful physical and functional characteristics to foods and beverages, including sweetness, flavor enhancement, color, freezing-point depression, osmotic stability, and sometimes it also acts as a humectant. The application of fructose not only improves the texture of foods but also aids in reducing the harmful effects of direct sugar consumption.
Industry participants are targeting small- and medium-scale food processing companies as the demand for local products has witnessed rapid growth over the past few years. These strategies are aiding the companies to gain access to local markets and offer them new growth prospects. The market players are focusing on expanding their presence in India, Thailand, and Indonesia to leverage the growing demand for sweeteners in these economies.