The glucose and glucose syrup market in Poland witnessed several fluctuations over the past years. Between 2013 and 2019, the market faced a consistent decline. The lowest point was in 2019 with a value of 103.15 million Euros. However, from 2020, the market began to rebound, seeing positive year-on-year growth through 2023. In 2023, the market stood at 119.27 million Euros, marking a 3.89% increase from the previous year. The Compound Annual Growth Rate (CAGR) for the last five years (2018-2023) was 2.03%, showing moderate but consistent recovery.
From 2024 onwards, market forecasts predict continued growth. The value is expected to rise steadily, reaching 140.95 million Euros by 2028. The forecasted five-year CAGR from 2023 to 2028 is 2.65%, contributing to a total growth rate of 13.95% over this period.
Trends to watch for in the future include:
- Innovations in glucose syrup applications across food and beverage sectors.
- Increased demand for health and wellness products containing glucose derivatives.
- Changes in EU regulations and their impact on market dynamics.
- Potential global economic shifts affecting commodity prices.