In 2023, Belgium holds the largest share of glucose and glucose syrup production in Europe, with a 22.03% market share in euros. Germany follows with 17.43%, closely trailed by Italy with 15.64% and France with 14.34%. Key players like Spain and Hungary hold shares of 10.21% and 9.98%, respectively. Over the last year, Belgium experienced significant growth at 13.87%, while France saw a notable decline of 20.24%. Estonia, although holding a small share, showed remarkable growth at 38.73%. Austria faced a significant downturn at -62.85%, indicating shifting dynamics in the region.
Looking forward into 2024, emerging markets such as Estonia might continue their growth trajectory, while established markets like Belgium might focus on consolidating their leadership. The industry should watch for potential regulatory changes, technological innovations, and evolving consumer preferences towards healthier and sustainable glucose products.
Top countries in Sold Production of Glucose and Glucose Syrup Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 22.03 | 2023 | +5.03% | +13.87% | View data |
| 2 | 2 Germany | 17.43 | 2023 | -3.02% | +3.76% | View data |
| 3 | 3 Italy | 15.64 | 2023 | +0.9% | -1.09% | View data |
| 4 | 4 France | 14.34 | 2023 | -23.26% | -20.24% | View data |
| 5 | 5 Spain | 10.21 | 2023 | +0.16% | +6.41% | View data |
| 6 | 6 Hungary | 9.98 | 2023 | +4.89% | +3.17% | View data |
| 7 | 7 Finland | 3.17 | 2023 | -2.66% | -2.13% | View data |
| 8 | 8 Lithuania | 2.34 | 2023 | +6.17% | +6.01% | View data |
| 9 | 9 Sweden | 0.87 | 2023 | +22.61% | View data | |
| 10 | 10 Czechia | 0.87 | 2023 |
