Glucose Market Opportunities, and Development Status By 2028
Glucose Industry Overview The global glucose market size was estimated at USD 42.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2020 to 2028. The escalating demand for confectionery, soft drink, and bakery products in the food and beverages sector that uses glucose (dextrose) as an ingredient is driving the market. Glucose has its demand across varied industry verticals such as food and beverages, pharmaceutical, cosmetic and personal care, and pulp and paper. It acts as a flavor enhancer, stabilizer, texture enhancer, humectants, adjuncts, preservative, and coating and bulking agent. One of the major properties of glucose is to prevent the crystallization of sugar molecules in confectionaries. These are the benefits associated with glucose which are propelling its demand and usage across the globe. The glucose syrup segment accounted for the maximum revenue share in the U.S. market. Glucose is majorly derived from corn starch in the...