Global glucose market is expected to grow over the forecast period owing to increase in consumption of glucose syrup worldwide. Increasing use of glucose syrup as a major starch derivative in manufacturing wide range of candy products is expected to drive global glucose market over the forecast period. Various other derivatives of glucose include maltodextrin, cyclodextrin and hydolysates. Rising use of glucose as an additive in pharmaceuticals and nutrition foods owing to its high energy content is also anticipated to drive global glucose market. In addition, growth in pharmaceutical industry is anticipated to augment demand for glucose over the forecast period owing to increasing use in medicines for patients with low blood sugar. In addition, rising use of glucose supplements in order to maintain insulin levels is expected to augment market growth. Rising consumer awareness regarding maintaining a nutritious diet is expected to propel market growth for energy drinks containing a significant amount of glucose which in turn is expected to propel global market demand for glucose.
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Glucose finds its major application in food & beverage owing to large scale use in bakery goods and confectionaries. In addition, rising use of glucose in non – food uses including paper making, cosmetics and pharmaceutical is expected to witness above average growth over the forecast period.. Furthermore, rising use of glucose in low calorie foods products owing to rising consumer awareness to maintain a healthy lifestyle is anticipated to be a major driver for global glucose market growth.
Key players in the market include Tate & Lyle, Archer Daniels Midland (ADM), Cargill, Ingredion, Luzhou food (liquid glucose) and Roquette. Tate & Lyle is exclusively involved in production of sweeteners including crystalline fructose and texturants including starch and gum. Archer Daniels Midland Company is actively in production of starch, glucose, dextrose, crystalline dextrose and high fructose corn syrup. Ingredion is an ingredient provider actively involved in production of glucose, starch, oil, sweeteners and syrups. Cargill, Inc. is actively involved in manufacturing food ingredients including starch & glucose syrup and vegetable oils & fats. Luzhou food (liquid glucose) is exclusively involved in the production of glucose syrup.
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