PUBLISHER: IMARC | PRODUCT CODE: 1451912
PUBLISHER: IMARC | PRODUCT CODE: 1451912
Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
The global corn glucose market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032. The increasing consumption of frozen food, rising prevalence of different medical conditions, and the growing product use in the manufacturing of cosmetic products represent some of the key factors driving the market.
Corn glucose, also known as glucose syrup, is a concentrated and refined solution of maltose, dextrose, and higher saccharides, which is obtained through the hydrolysis of corn starch. It is rich in carbohydrates, calories, protein, fats, vitamins, minerals, and other essential nutrients. It helps in enhancing the overall flavor of the food and extending its shelf life at the same time. It also assists in preventing the crystallization of sugar and improving the appearance of different food items. It is widely used as a substitute for powdered sugar or honey due to its sweetening, thickening, and moisture-retention properties. It is also utilized in various food dishes to their enhance flavor, texture, smoothness, and shelf-life.
Corn Glucose Market Trends:
There is an increase in the use of corn glucose as an additive, sweetener, and thickening agent in the preparation of various food products and beverages, including cakes, cookies, bread, candies, soft drinks, ice cream, yogurt, sauces, jam, jellies, and smoothies. This, coupled with the thriving food and beverage (F&B) sector, represents one of the key factors contributing to the market growth around the world. Moreover, the rising consumption of frozen and ready to eat (RTE) food products on account of rapid urbanization, easy availability, hectic schedules of individuals, and expanding purchasing power is favoring the growth of the market. In addition, corn glucose is employed in the pharmaceutical sector as an excipient in the production of tablets and capsules to improve the physical properties of the drug formulation, such as hardness, disintegration, and dissolution. It can also be used as a stabilizer in the production of cough syrups and other liquid formulations to improve their viscosity. This, along with the surging prevalence of different medical conditions among the masses, is strengthening the growth of the market. Apart from this, the growing usage of corn glucose in the paper industry as a wet-end additive that helps improve paper strength and printability is influencing the market positively. Furthermore, the increasing utilization of corn glucose in the manufacturing of personal care and cosmetics products, such as lotion, creams, facial cleansers, toners, lipstick, lip balms, soaps, and body wash to keep the skin hydrated and smooth is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global corn glucose market report, along with forecasts at the global and regional level from 2024-2032.
Regional Insights:
China
United States
Europe
Asia Pacific (Excluding China)
Others
The report has also provided a comprehensive analysis of all the major regional markets, which include China, United States, Europe, Asia Pacific (Excluding China), and others. According to the report, the United States was the largest market for corn glucose. Some of the factors driving the United States corn glucose market included increased preference for frozen food, easy availability, product innovations, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global corn glucose market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Global Sweeteners Holding Ltd., Roquette Freres, Cargill Inc., Ingredion Inc., Archer Daniels Midland, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. What was the global corn glucose market size in 2023?
- 2. What will be the global corn glucose market outlook during the forecast period (2024-2032)?
- 3. What are the global corn glucose market drivers?
- 4. What are the major trends in the global corn glucose market?
- 5. What is the impact of COVID-19 on the global corn glucose market?
- 6. What are the major regions in the global corn glucose market?
- 7. Who are the leading corn glucose market players?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Corn Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Price Trends
- 5.4 Market Breakup by Region
- 5.5 Market Breakup by End Use
- 5.6 Market Forecast
6 Global Sweetener Industry
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Market Breakup by Region
- 6.4 Market Breakup by Sweetener Type
- 6.5 Market Forecast
7 Global Corn Glucose Industry
- 7.1 Market Overview
- 7.2 Market Performance
- 7.2.1 Volume Trends
- 7.2.2 Value Trends
- 7.3 Impact of COVID-19
- 7.4 Price Analysis
- 7.4.1 Key Price Indicators
- 7.4.2 Price Structure
- 7.4.3 Price Trends
- 7.5 Market Breakup by Region
- 7.6 Market Forecast
- 7.7 SWOT Analysis
- 7.7.1 Overview
- 7.7.2 Strengths
- 7.7.3 Weaknesses
- 7.7.4 Opportunities
- 7.7.5 Threats
- 7.8 Value Chain Analysis
- 7.8.1 Input Suppliers
- 7.8.2 Farmers
- 7.8.3 Collectors
- 7.8.4 Manufacturers
- 7.8.5 Distributors
- 7.8.6 Exporters
- 7.8.7 Retailers
- 7.8.8 End-Use
- 7.9 Porter's Five Forces Analysis
- 7.9.1 Overview
- 7.9.2 Bargaining Power of Buyers
- 7.9.3 Bargaining Power of Suppliers
- 7.9.4 Degree of Competition
- 7.9.5 Threat of New Entrants
- 7.9.6 Threat of Substitutes
- 7.10 Key Market Drivers and Success Factors
8 Performance of Key Region
- 8.1 China
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 United States
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Europe
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Asia-Pacific (Excluding China)
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Competitive Landscape
- 9.1 Market Structure
- 9.2 Key Players
10 Corn Glucose Manufacturing Process
- 10.1 Product Overview
- 10.2 Detailed Process Flow
- 10.3 Various Types of Unit Operations Involved
- 10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
- 11.1 Land Requirements and Expenditures
- 11.2 Construction Requirements and Expenditures
- 11.3 Plant Machinery
- 11.4 Machinery Pictures
- 11.5 Raw Material Requirements and Expenditures
- 11.6 Raw Material and Final Product Pictures
- 11.7 Packaging Requirements and Expenditures
- 11.8 Transportation Requirements and Expenditures
- 11.9 Utility Requirements and Expenditures
- 11.10 Manpower Requirements and Expenditures
- 11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
- 13.1 Capital Cost of the Project
- 13.2 Techno-Economic Parameters
- 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 13.4 Taxation and Depreciation
- 13.5 Income Projections
- 13.6 Expenditure Projections
- 13.7 Financial Analysis
- 13.8 Profit Analysis
14 Key Player Profiles
- 14.1 Global Sweeteners Holding Ltd.
- 14.2 Roquette Freres
- 14.3 Cargill Inc.
- 14.4 Ingredion Inc.
- 14.5 Archer Daniels Midland
List of Figures
- Figure 1: Global: Corn Glucose Market: Major Drivers and Challenges
- Figure 2: Global: Corn Market: Production Volume Trends (in Million Tons), 2018-2023
- Figure 3: Global: Corn Market: Production Value Trends (in Billion US$), 2018-2023
- Figure 4: Global: Corn Market: Average Prices (in US$/Ton), 2018-2032
- Figure 5: Global: Corn Market: Breakup by Region (in %), 2023
- Figure 6: Global: Corn Market: Breakup by End Use (in %), 2023
- Figure 7: Global: Corn Market Forecast: Production Volume Trends (in Million Tons), 2024-2032
- Figure 8: Global: Corn Market Forecast: Production Value Trends (in Billion US$), 2024-2032
- Figure 9: Global: Sweetener Market: Sales Volume Trends (in Million Tons), 2018-2023
- Figure 10: Global: Sweetener Market: Sales Value Trends (in Billion US$), 2018-2023
- Figure 11: Global: Sweetener Market: Breakup by Region (in %), 2023
- Figure 12: Global: Sweetener Market: Breakup by Sweetener Type (in %), 2023
- Figure 13: Global: Sweetener Market Forecast: Sales Volume Trends (in Million Tons), 2024-2032
- Figure 14: Global: Sweetener Market Forecast: Sales Value Trends (in Billion US$), 2024-2032
- Figure 15: Global: Corn Glucose Market: Sales Volume Trends (in '000 Tons), 2018-2023
- Figure 16: Global: Corn Glucose Market: Sales Value Trends (in Billion US$), 2018-2023
- Figure 17: Global: Corn Glucose Market: Average Prices (in US$/Ton), 2018-2023
- Figure 18: Corn Glucose Market: Price Structure
- Figure 19: Global: Corn Glucose Market Forecast: Average Prices (in US$/Ton), 2024-2032
- Figure 20: Global: Corn Glucose Market: Breakup by Region (in %), 2023
- Figure 21: Global: Corn Glucose Market Forecast: Sales Volume Trends (in '000 Tons), 2024-2032
- Figure 22: Global: Corn Glucose Market Forecast: Sales Value Trends (in Billion US$), 2024-2032
- Figure 23: Global: Corn Glucose Industry: SWOT Analysis
- Figure 24: Global: Corn Glucose Industry: Value Chain Analysis
- Figure 25: Global: Corn Glucose Industry: Porter's Five Forces Analysis
- Figure 26: China: Corn Glucose Market (in Million US$), 2018 & 2023
- Figure 27: China: Corn Glucose Market Forecast (in Million US$), 2024-2032
- Figure 28: United States: Corn Glucose Market (in Million US$), 2018 & 2023
- Figure 29: United States: Corn Glucose Market Forecast (in Million US$), 2024-2032
- Figure 30: Europe: Corn Glucose Market (in Million US$), 2018 & 2023
- Figure 31: Europe: Corn Glucose Market Forecast (in Million US$), 2024-2032
- Figure 32: Asia-Pacific (Excluding China): Corn Glucose Market (in Million US$), 2018 & 2023
- Figure 33: Asia-Pacific (Excluding China): Corn Glucose Market Forecast (in Million US$), 2024-2032
- Figure 34: Others: Corn Glucose Market (in Million US$), 2018 & 2023
- Figure 35: Others: Corn Glucose Market Forecast (in Million US$), 2024-2032
- Figure 36: Corn Glucose Manufacturing Plant: Detailed Process Flow
- Figure 37: Corn Glucose Manufacturing: Conversion Rate of Feedstocks
- Figure 38: Corn Glucose Manufacturing Plant: Packaging Requirement
- Figure 39: Corn Glucose Manufacturing Plant: Breakup of Capital Costs (in %)
- Figure 40: Corn Glucose Industry: Profit Margins at Various Levels of the Supply Chain``
- Figure 41: Corn Glucose Powder Production: Manufacturing Cost Breakup (in %)
List of Tables
- Table 1: Global: Corn Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Sweetener Market: Key Industry Highlights, 2023 and 2032
- Table 3: Global: Corn Glucose Market: Key Industry Highlights, 2023 and 2032
- Table 4: Global: Corn Glucose Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Corn Glucose Market: Competitive Structure
- Table 6: Global: Corn Glucose Market: Key Players
- Table 7: Corn Glucose Manufacturing Plant: Costs Related to Land and Site Development (in US$)
- Table 8: Corn Glucose Manufacturing Plant: Costs Related to Civil Works (in US$)
- Table 9: Corn Glucose Manufacturing Plant: Costs Related to Machinery (in US$)
- Table 10: Corn Glucose Manufacturing Plant: Raw Material Requirements and Expenditures
- Table 11: Corn Glucose Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
- Table 12: Corn Glucose Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
- Table 13: Details of Financial Assistance Offered by Financial Institutions
- Table 14: Corn Glucose Manufacturing Plant: Capital Costs (in US$)
- Table 15: Corn Glucose Manufacturing Plant: Techno-Economic Parameters
- Table 16: Corn Glucose Manufacturing Plant: Taxation and Depreciation (in US$)
- Table 17: Corn Glucose Manufacturing Plant: Income Projections (in US$)
- Table 18: Corn Glucose Manufacturing Plant: Expenditure Projections (in US$)
- Table 19: Corn Glucose Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
- Table 20: Corn Glucose Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
- Table 21: Corn Glucose Manufacturing Plant: Profit and Loss Account (in US$)
