Global High-Fructose Corn Syrup Market Growth 2023-2029

Global High-Fructose Corn Syrup Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “High-Fructose Corn Syrup Industry Forecast” looks at past sales and reviews total world High-Fructose Corn Syrup sales in 2022, providing a comprehensive analysis by region and market sector of projected High-Fructose Corn Syrup sales for 2023 through 2029. With High-Fructose Corn Syrup sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-Fructose Corn Syrup industry.

This Insight Report provides a comprehensive analysis of the global High-Fructose Corn Syrup landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High-Fructose Corn Syrup portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-Fructose Corn Syrup market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-Fructose Corn Syrup and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High-Fructose Corn Syrup.

The global High-Fructose Corn Syrup market size is projected to grow from US$ 4560.1 million in 2022 to US$ 5771.7 million in 2029; it is expected to grow at a CAGR of 5771.7 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of High-Fructose Corn Syrup market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
HFCS 42
HFCS 55

Segmentation by application
Food and Beverage Industry
Pharmaceutical Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Archer Daniels Midland
Cargill
Global Sweeteners Holdings
Ingredion
Showa Sangyo
Tate & Lyle

Key Questions Addressed in this Report

What is the 10-year outlook for the global High-Fructose Corn Syrup market?

What factors are driving High-Fructose Corn Syrup market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High-Fructose Corn Syrup market opportunities vary by end market size?

How does High-Fructose Corn Syrup break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.