U.S. And China Glucose Market Prospective Growth and Trends Report 2028

U.S. And China Glucose Industry Overview

The U.S. and China glucose market size was valued at USD 6.47 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2020 to 2028.

The high expenditure on food and beverage products in the U.S. due to the high overall disposable income of the U.S. population is boosting the growth of the country’s glucose (dextrose) market. In addition, China is the world’s largest consumer of food and beverages, which is a primary factor supporting the glucose (dextrose) market growth. Rising disposable income and changing consumer dietary habits of the residents are likely to boost the demand for ingredients used in food processing.

Gather more insights about the market drivers, restrains and growth of the U.S. And China Glucose Market

U.S. glucose (dextrose) market size, by form, 2018 - 2028 (USD Billion)

The U.S. is exhibiting potential growth in the glucose (dextrose) market due to the high spending power of residents in the country and the busy lifestyle, which is, in turn, supporting the demand for packaged and ready-to-eat food products. According to the U.S. Department of Agriculture, food away-from-home accounted for 54.8% of total food expenditure in the U.S. in 2019.  

The major manufacturers are continuously involved in the development of advanced and innovative products, like low sugar glucose syrup and organic glucose products, which is, in turn, driving the market value. The glucose (dextrose) manufacturing sector is experiencing development in terms of technological advancements and manufacturing processes. Simultaneously, the food & beverage sector is also witnessing several changes due to continuously increasing demand from the end users.

Browse through Grand View Research's Processed & Frozen Foods Industry Research Reports.

  • Gummy Market - The global gummy market size was valued at USD 16.28 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2020 to 2028.
  • Chocolate Market - The global chocolate market size was valued at USD 130.56 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027.

Market Share Insights

  • April 2021: ADM has launched SweetRight, a Reduced Sugar Glucose Syrup (RSGS), in the American market. The new product is designed to replace the traditional corn syrup in similar applications without compromising its functions.
  • March 2018: Tate & Lyle PLC has doubled the size of its Shanghai, China-based food application laboratory. As a part of new strategic expansion, it has added new customer-facing facilities.

Key Companies profiled:

Some prominent players in the U.S. And China glucose market include

  • Archer Daniels Midland Company (ADM)
  • Ingredion Incorporated
  • AGRANA Beteiligungs-AG
  • Tate & Lyle PLC
  • Cargill, Incorporated
  • Roquette Frères
  • Grain Processing Corporation
  • Tereos S.A.
  • Fooding Group Limited
  • Global Sweeteners Holdings Limited
  • Guangzhou Shuangqiao Company LTD. 
  • Fengchen Group Co., Ltd.
  • Sinofi Ingredients
  • Henan Fenghe Chemical Co., Ltd.
  • Dancheng Caixin Sugar Industry Co. Ltd.
  • XIWANG GROUP 

Order a free sample PDF of the U.S. And China Glucose Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

India Electric Vehicle Market Competitive Landscape Report to 2028

Image
India Electric Vehicle Industry Overview The India electric vehicle market size was valued at USD 220.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 94.4% from 2021 to 2030. The attractive incentives being offered by the Indian government on the production and purchase of electric vehicles to encourage the adoption of electric vehicles are anticipated to drive the growth of the market over the forecast period. The outbreak of the COVID-19 pandemic triggered a significant decline in the overall sales of passenger and commercial vehicles in 2020. However, the sales of electric vehicles in India remained unaffected. The post-lockdown sale of pure and hybrid electric vehicles is a prominent driving factor for the electric vehicle market in India. The stringent GreenHouse gas (GHG) emission norms drafted by the government, such as the Bharat Stage (BS) VI emission standards introduced by India’s Ministry of Road Transport and Highways (MoRTH), are a
Read more

Cyber Security Market 2030 - Advanced Solutions for Modern Businesses

Image
Data breaches, malware, and hacking attempts are all too common, forcing businesses and individuals to prioritize cybersecurity market  trends. The internet has become an essential part of our lives, and with it comes the ever-present threat of cyberattacks. Within the struggles of integrity, privacy, and trust, the domain of cybersecurity thrives with firewalls, encryption keys, and neural networks that safeguard our interconnected existence. The Market Landscape This blog explains the core of the cybersecurity market, examining its growth, challenges, and the valiant defenders who shield the virtual world. Numbers Beyond 0 & 1: The global cyber security market is no mere niche; it’s a thriving ecosystem fueled by relentless innovation and escalating threats. According to recent reports, here are the key figures: In 2023, the market was estimated at a staggering  USD 222.66 billion , growing at a projected compound annual growth rate of 12.3% from 2024 to 2030. By 2030, th
Read more

LiDAR Market Historical Data & Forecasts 2030

Image
LiDAR Industry Overview The global LiDAR market size was valued at USD 1.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. The technological advancements in spatial resolution of LiDAR-based digital terrain models are providing better accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways. The growth of the market is attributed to the rising automation in LiDAR to reduce human efforts and increase efficiency. Gather more insights about the market drivers, restrains and growth of the Global LiDAR Market   The rising demand for 3D imagery in application areas such as military & defense, topographical surveys, civil engineering, and corridor mapping is expected to drive the market growth over the forecast period. Textured 3D imagery is applied in applications such as 3D mapping, city planning, and corridor mapping. The installation of advanced
Read more