1. Market Research
  2. > Consumer Goods
  3. > Personal Care Market Trends
Glucose Market Size, Share & Trends Analysis Report By Form, By Application, By Region And Segment Forecasts, 2020 - 2028

Glucose Market Size, Share & Trends Analysis Report By Form, By Application, By Region And Segment Forecasts, 2020 - 2028

  • August 2021
  • 159 pages
  • ID: 6134841
  • Format: PDF
  • Grand View Research

Summary

Table of Contents

Glucose Market Size, Share & Trends Analysis Report By Form (Syrup, Solid), By Application (F&B, Pharmaceutical, Cosmetic & Personal Care, Pulp & Paper), By Region, And Segment Forecasts, 2020 - 2028

Glucose Market Growth & Trends

The global glucose market size is expected to reach USD 63.6 billion by 2028. The market is expected to expand at a CAGR of 5.0% from 2020 to 2028. The market is projected to be driven by the growth in sugar products and shifting preference towards natural ingredients across cosmetics and personal care products.

The increasing demand for glucose (dextrose) in the food and beverages sector especially across bakery and confectionery, dairy, soups, dressings and sauces, and beverages is expected to fuel market growth.The demand is majorly gaining pace from the developing economies including China and India because the bigger firms are building economic opportunities across the food and beverages value chains, particularly to support future business growth.

Economic development along with rapid urbanization is fuelling the demand across developing economies.

Glucose syrup is having a potential customer base across the globe due to its widespread usage.It has significant benefits across F&B, pharmaceuticals, as well as cosmetics, and personal care.

It helps in flavor and texture enhancement, helps in controlling sucrose and dextrose crystallization in confectionaries, enhances the shelf life of the products, fermentation in bakery products, and helps in retaining moisture among others. These are the major factors supporting the growth and demand for glucose syrup in the market.

The cosmetics and personal care application segment is estimated to witness the largest revenue-based CAGR of 5.5% from 2020 to 2028. The shifting focus of consumers as well as government towards the health and environmental benefits of cosmetics and personal care products is expected to propel the growth of glucose in the cosmetic and personal care industry. For instance, governments are passing guidelines and regulations for the use of synthetics ingredients in the cosmetics sector which can badly impact the health of humans as well as the environment in the long run.

Around 1300 substances are completely banned or heavily regulated and restricted in the EU from the use in cosmetics.One of them is petroleum, otherwise used as mineral oil, petrolatum, and paraffin oil in cosmetics is banned in the EU across cosmetics products including lips, hair, and skincare products.

The use of petroleum in cosmetics can cause allergies, infections, Aspiration risks, and clogged pores. These regulations are projected to create growth opportunities for glucose in the respective industry.

In Asia Pacific, the market accounted for a revenue share of 38.7% in 2020 due to growing demand from the presence of a large consumer base across end-use products, including sugar confectionaries and beverages, and personal care products. The easy raw material availability and substantial glucose production capacity are factors driving the market in the region. Along with these potential factors, Asia Pacific is estimated to experience the fastest CAGR (%) from 2020 to 2028. The rapidly expanding food and beverage industry coupled with the increasing demand for clean-label foods and beverages is inclining manufacturers to source sustainable ingredients is supporting the fastest growth over the forecast period.

Glucose Market Report Highlights
• The solid segment is projected to ascend at a CAGR of 4.7% over the forecast period. Glucose solid or powder form is gaining growth in the food and beverages market owing to the increasing demand of organic glucose powders. The continuously bolstering demand across the food and beverages sector is significantly impacting the segmental market value
• The food and beverages segment accounted for 53.4% of revenue share in 2020. The increasing demand for processed and packaged food products across the globe is supporting the dominating share of food and beverages applications. The continuously expanding varieties of food products and their requirement of increased shelf life are expected to support market growth
• In Europe, the market accounted for a revenue share of 17.5% in 2020. The region is exhibiting potential demand for natural cosmetics and personal care products owing to the governmental support and awareness among the people about their benefits. As a result, cosmetics companies are replacing synthetic ingredients with natural variants in the regional market.
• The U.S. accounted for the majority revenue and volume share of the market in North America. The country is gaining growth on account of its huge usage of sugar-based products like confectionery, packaged food, soft drinks, and bakery products. The strong presence of major players in the region like ADM, Ingredion Incorporated, and Cargill, Incorporated is supporting the market growth of the country
• Key companies operating in the industry have been trying to increase their production capabilities in order to expand their geographical reach with increased market share. For instance, In April 2019, AGRANA Group has announced the construction of a new production facility, which is a joint venture (JV) of AGRANA and a US-based The Amalgamated Sugar Company. The new plant was established with an investment of approximately USD 47.3 Million (EUR 40 million)

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on