In 2023, the import value of glucose syrup with less than 20% fructose to Canada stood at approximately 87.54 million USD. The forecast reveals a consistent year-on-year growth, with projected import values rising to 88.53 million USD in 2024, and continuing upward to 92.45 million USD by 2028. The annual percentage increase demonstrates a steady growth pattern, with an average CAGR over the five-year period around 1.10%.
Future trends to watch for include:
- Possible shifts in global supply chains affecting glucose syrup availability.
- The impact of health trends and sugar reduction initiatives influencing import volumes.
- Changes in import regulations and tariff agreements that may affect costs and pricing.
