Global Glucose Market Size, Trends, and Growth Opportunity, By Source (Wheat, Corn, Others), By Application (Food & Beverages, Pharmaceutical, Cosmetic & Personal Care, Pulp & Paper, Other), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2027.
Global Glucose Market
The global Glucose market was valued at USD 46.04 billion in 2021 and is expected to expand to USD 65.65 billion in 2027 at a CAGR of 5.01% during the forecast period 2022- 2027.
A sugar content that is the chief source of energy is Glucose and which is found in the blood & is the sugar that the body fabricates. From all three components of food protein, fats, and carbohydrates, the body makes glucose.
Market Drivers
One of the main factors that drives the Glucose Market is the demand for glucose, dextrose, and maltodextrin in the food and beverage industry as main food and beverage companies are likely to rise their use of these ingredients because of their several benefits, including their use as sweeteners, binders, emulsifiers, and thickening agents.
Similarly, the rising awareness about using cosmetics to boost self-esteem & personal hygiene will propel the market growth as glucose is used in cosmetics and personal care for many product formulations, like hair care and skin care products, cleaning products, and makeup products.
Market Restraints
Diabetes & the side effects linked with the additional consumption of added sugar in food items are the main factors that hamper the growth of the Global Glucose Market.
Market Segmentation
The global Glucose market is segmented based on Source, Application, and region. On the basis of Source, it is segmented into Wheat, Corn, and Others. On the basis of Application, it is segmented into Food & Beverages, Pharmaceutical, Cosmetic & Personal Care, Pulp & Paper, Other. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
Asia Pacific is anticipated to dominate the glucose (Dextrose) market in terms of revenue share owing to the existence of a large client base and the growing demand for F&B products and cosmetics and personal care because of the augmented discretionary income coupled with the increasing urban population.
Europe is likely to account second largest revenue because of organic, clean-label, and natural products. Due to the notable existence of the aging population in Europe, customers are looking for healthier options like organic, fresh, artisanal, and ethnic food products.
Key Players
Various key players are listed in this report such as Archer Daniels Midland Company (ADM), Ingredion Incorporated, AGRANA Beteiligungs-AG, Tate & Lyle PLC, Cargill, Incorporated, Roquette Frères, Grain Processing Corporation, Tereos S.A., Fooding Group Limited, Global Sweeteners Holdings Limited.
Key Developments
In March 2023, CUBIQ FOODS collaborated to speed up the plant-based product on new fat technology.
In January 2023, a partnership was formed between Cargill and BASF to deliver high-performance enzyme solutions.
PureCircle was acquired by Ingredion Incorporated in July 2020. This resulted in an expansion of the product portfolio of Ingredion Incorporated.
In December 2022, Pfizer announced EMA and FDA approval of Etrasimod in Ulcerative Colitis.
Market Taxonomy
By Source
• Wheat
• Corn
• Others
By Application
• Food & Beverages
• Pharmaceutical
• Cosmetic & Personal Care
• Pulp & Paper
• Other
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
· What are the Key Opportunities in Global Glucose Market?
· What will be the growth rate from 2022 to 2027?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Glucose Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Glucose Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Glucose Market Share Analysis, By Source
5.3 Global Glucose Market Size and Forecast, By Source
5.3.1 Wheat
5.3.2 Corn
5.3.3 Others
6 Global Glucose Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Glucose Market Share Analysis, By Application
6.3 Global Glucose Market Size and Forecast, By Application
6.3.1 Food & Beverages
6.3.2 Pharmaceutical
6.3.3 Cosmetic & Personal Care
6.3.4 Pulp & Paper
6.3.5 Other
7 Global Glucose Market, By Region
7.1 Global Glucose Market Share Analysis, By Region
7.2 Global Glucose Market Share Analysis, By Region
7.3 Global Glucose Market Size and Forecast, By Region
8 North America Glucose Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Glucose Market Share Analysis, By Source
8.3 North America Glucose Market Size and Forecast, By Application
8.4 North America Glucose Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Glucose Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Glucose Market Share Analysis, By Source
9.3 Europe Glucose Market Size and Forecast, By Application
9.4 Europe Glucose Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Glucose Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Glucose Market Share Analysis, By Source
10.3 Asia Pacific Glucose Market Size and Forecast, By Application
10.4 Asia Pacific Glucose Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Glucose Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Glucose Market Share Analysis, By Source
11.3 Latin America Glucose Market Size and Forecast, By Application
11.4 Latin America Glucose Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Glucose Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Glucose Market Share Analysis, By Source
12.3 Middle East Glucose Market Size and Forecast, By Application
12.4 Middle East Glucose Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Archer Daniels Midland Company (ADM)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Ingredion Incorporated
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Tate & Lyle PLC
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 AGRANA Beteiligungs-AG
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Cargill, Incorporated
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Roquette Frères
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Grain Processing Corporation
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Tereos S.A.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Fooding Group Limited
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Global Sweeteners Holdings Limited
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies