The glucose and glucose syrup market in Greece has shown a declining trend from 2013 to 2023, beginning at €4.19 per capita and ending at €3.2 per capita. Over the last two years, market value per capita decreased by approximately 2.4% from 2021 to 2022 and further decreased by around 2.1% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years was a negative 3.0%, indicating a consistent downward trend.
Looking forward, future trends might include:
- Potential stabilization or slight increase if there is a shift towards alternative uses or incorporation in new products.
- Impact of health trends pushing for reduced sugar consumption might continue to pressure market values.
- Innovation in sustainable production methods could alter market dynamics and consumer perception, potentially affecting demand.