Global High-Fructose Corn Syrup Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global High-Fructose Corn Syrup market size was valued at USD 7495.9 million in 2023 and is forecast to a readjusted size of USD 9379.2 million by 2030 with a CAGR of 3.3% during review period.
High fructose corn syrup (HFCS) is a liquid sweetener utilizing a modified form of corn syrup which is also an alternative to sucrose used in foods and beverages industry. High fructose corn syrup is made from corn using a process called wet milling. It holds around nine percent of overall global sweeteners market. There is no as such difference in composition or metabolism from other fructose glucose sweeteners for instance sucrose, honey, and fruit juice concentrates. It generally contains either 42 percent or 55 percent fructose, the remaining sugars being primarily glucose and higher sugars. HFCS is has more stablility, particularly works well in acidic beverages, available in liquid form makes it easier to transport, handle, and mix better than granulated sucrose. Since, fructose is sweeter than glucose, the overall sweetness of the syrup increased resulting in more cost-effective use over sugar in food processing. Its caloric content is equivalent to sugar and thus it shares the same concerns from consumers and industry as that of sugar. Further, the human body metabolizes fructose differently than glucose and so high consumption of HFCS has also been attributed to increasing rates of obesity. HFCS has been widely adopted by U.S. food manufacturers because it offers advantages over granulated sucrose, for instance it is easy to supply, good for stability and ease of handling. Corn is an abundant and reliable crop grown widely across the U.S., while sucrose production is limited. This means most supplies must be imported into the U.S. from sugar-growing countries, which leaves the supply vulnerable to changes in the weather and political conditions in those countries. HFCS is also more stable, particularly in acidic beverages, and because of its liquid form, it is easier to transport, handle, and mix than granulated sucrose.
High fructose corn syrup (HFCS) market is growing with the demand for sweetener in food and beverage industry. High fructose corn syrup 42 is a good alternative sweeteners of sugar and honey in food preparation to the consumers since consumers are trying to avoid sucrose for its harmful effects; HFCS 42 consists around 42 percent fructose where sugar consists around 50 percent and honey consists around 48 percent fructose which is driving the HFCS market. However, health consciousness and change in life style among consumers of emerging countries are restraining the market since rate of obesity and diabetes are increasing day by day. Hence, zero calorie sweeteners market is much popular among consumers, which is also growing at higher rate in terms of both value and volume. However, high fructose corn syrup is granted “Generally Recognized as Safe” (GRAS) status by the U.S. Food and Drug Administration (U.S. FDA). HFCS has been widely adopted by U.S. food manufacturers because it offers advantages over granulated sucrose, for instance it is easy to supply, good stability and ease of handling. High fructose corn syrup (HFCS) market seeking high opportunity in the Asia Pacific, Middle East and Latin America market.
The Global Info Research report includes an overview of the development of the High-Fructose Corn Syrup industry chain, the market status of Food and Beverage Industry (HFCS 42, HFCS 55), Pharmaceutical Industry (HFCS 42, HFCS 55), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of High-Fructose Corn Syrup.
Regionally, the report analyzes the High-Fructose Corn Syrup markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global High-Fructose Corn Syrup market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the High-Fructose Corn Syrup market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the High-Fructose Corn Syrup industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., HFCS 42, HFCS 55).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the High-Fructose Corn Syrup market.
Regional Analysis: The report involves examining the High-Fructose Corn Syrup market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the High-Fructose Corn Syrup market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to High-Fructose Corn Syrup:
Company Analysis: Report covers individual High-Fructose Corn Syrup manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards High-Fructose Corn Syrup This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food and Beverage Industry, Pharmaceutical Industry).
Technology Analysis: Report covers specific technologies relevant to High-Fructose Corn Syrup. It assesses the current state, advancements, and potential future developments in High-Fructose Corn Syrup areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the High-Fructose Corn Syrup market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
High-Fructose Corn Syrup market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
HFCS 42
HFCS 55
Market segment by Application
Food and Beverage Industry
Pharmaceutical Industry
Others
Major players covered
Archer Daniels Midland
Cargill
Global Sweeteners Holdings
Ingredion
Showa Sangyo
Tate & Lyle
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe High-Fructose Corn Syrup product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of High-Fructose Corn Syrup, with price, sales, revenue and global market share of High-Fructose Corn Syrup from 2019 to 2024.
Chapter 3, the High-Fructose Corn Syrup competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the High-Fructose Corn Syrup breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and High-Fructose Corn Syrup market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of High-Fructose Corn Syrup.
Chapter 14 and 15, to describe High-Fructose Corn Syrup sales channel, distributors, customers, research findings and conclusion.