High Fructose Corn Syrup Production in the US - Industry Market Research Report
High Fructose Corn Syrup Production
The High Fructose Corn Syrup Production industry has declined over the past five years to 2018, encountering multiple challenges. As health-conscious consumers move away from sodas toward fresh and unprocessed foods, the industry has experienced decreased demand and subsequently lowered annual production. In addition, declining sugar prices have threatened the competitive price advantage usually held by high fructose corn syrup, thus motivating some food and beverage producers to trade HFCS for sugar. Revenue for the High Fructose Corn Syrup Production industry is anticipated to continue declining, although at a much slower place, over the five years to 2023. Marketing efforts will continue to negate the stigma that HFCS is less healthy than traditional sugar, however an overall expected decline in soft drink consumption will still weigh down demand for industry operators. On a positive note, an expected tight supply of domestic sugar has the potential to put upward pressure on sugar prices, indicating the potential for industry operators to regain their competitive price advantage and stimulate demand from cost-conscious food and beverage producers.
Operators in this industry manufacture high fructose corn syrup (HFCS), a sweetener made from milled corn, which is used as a major input for downstream food production of items such as soft drinks, baked goods and syrups.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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