High fructose corn syrup is basically defined as a liquid sweetener that is formulated from corn starch; it is prepared with the help of dividing corn in glucose molecules. Half of these molecules are subsequently transformed into fructose, which is sweeter in taste as compared to glucose. This liquid sweetener finds application in a variety of packed food & beverages, such as soft drinks, canned fruits, desserts, yogurts, baked & confectionery products, condiments, and others. High fructose corn syrup has high solubility, ability to remain in solution and not get crystallized, like sucrose under certain conditions.
MARKET DYNAMICS
The high-fructose corn syrup market has witnessed significant growth owing to factors such as wider application into food and beverages, pharmaceutical, animal feed, and other applications. Increasing preference for alternative sweeteners in mainly food preparation is a major factor projected to boost the growth of the high fructose corn syrup market. Increasing demand for high fructose corn syrup by the food manufacturers as it offers advantages over sucrose, including ease of handling and good stability, is another major factor expected to drive the growth of this market in the upcoming years. In addition, the growing demand for high fructose corn syrup from the pharmaceutical industry is projected to support the growth of the high fructose corn syrup market in the near future. However, the availability of substitute products may hamper the growth of the high-fructose corn syrup market. Nevertheless, Leading market players are channelizing their efforts into the development of new products through significant R&D investments, utilizing advanced technologies to manufacture superior quality and cost-effective products. This may open new opportunities for this market.
MARKET SCOPE
The "Global High-Fructose Corn Syrup Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the high-fructose corn syrup market with detailed market segmentation by type, application, and geography. The global high-fructose corn syrup market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high-fructose corn syrup market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global high-fructose corn syrup market is segmented on the basis of type and application. On the basis of type, the high-fructose corn syrup market is segmented into high fructose corn syrup (HFCS) 42, high fructose corn syrup (HFCS) 55, and others. The high-fructose corn syrup market on the basis of the application is classified into food and beverages, pharmaceutical, animal feed, and other applications.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global high-fructose corn syrup market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The high-fructose corn syrup market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the high-fructose corn syrup market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high-fructose corn syrup market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global high-fructose corn syrup market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from high-fructose corn syrup market are anticipated to lucrative growth opportunities in the future with the rising demand for high-fructose corn syrup in the global market. Below mentioned is the list of few companies engaged in the high-fructose corn syrup market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high-fructose corn syrup market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland Company
- Baolingbao Biology Co., Ltd.
- Cargill, Incorporated
- DAESANG Corporation
- Global Sweeteners Holdings Limited
- Ingredion Incorporated
- Roquette Fr?res
- Showa Sangyo Co., Ltd.
- Sinofi Ingredients and Kasyap
- Tate and Lyle PLC
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