Glucose Market Report 2024 (Global Edition)

Global Glucose Market Report 2024 Market Size Split by Type (Syrup , Solid), by Application (Corn , Wheat , Barley , Potatoes , Rice , Cassava , Others), by Application (Food & Beverage , Cosm...

Glucose Market Report Description

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Competitive Landscape of the Glucose market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Glucose Industry News 

In March 2023, ADM launched reduced-sugar glucose syrup (RSGS), which is a replacement for traditional glucose syrups and provides the needed functionality with minimal formulation or manufacturing changes.

(Source: https://www.foodingredientsfirst.com/news/science-of-sweet-formulators-roll-out-new-emulsion-texturizing-and-moisture-retention-properties.html)

Top Companies Market Share in Glucose Industry: (In no particular order of Rank)

• Archer Daniels Midland Company (ADM)
• Ingredion Incorporate
• AGRANA Beteiligungs-AG
• Tate & Lyle PLC
• Cargill
• Incorporated
• Roquette Frères
• Grain Processing Corporation
• Tereos S.A.
• Fooding Group Limited
• Global Sweeteners Holdings Limited
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Glucose 

Which Region will dominate the Glucose  Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The glucose market in North America stands as the largest sector due to several contributing factors. With a robust food and beverage industry coupled with a growing demand for glucose in pharmaceuticals, North America has emerged as a dominant player in the global glucose market. Additionally, advancements in biotechnology and increasing investments in research and development further bolster the region's glucose production capabilities. The presence of key market players and a well-established distribution network also contribute to North America's market leadership position.

Which Region is Expanding at the Fastest CAGR?

On the other hand, Europe emerges as the fastest-growing region in the glucose market. Factors such as increasing health consciousness among consumers, rising demand for natural sweeteners, and a growing awareness of the health benefits associated with glucose consumption drive market growth in this region. Furthermore, technological advancements in glucose production processes and government initiatives promoting the use of renewable resources further fuel the market's expansion in Europe. With an emphasis on sustainability and innovation, Europe's glucose market is poised for significant growth in the coming years, making it a key region to watch within the global glucose industry landscape.

The current report Scope analyzes Glucose Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Glucose Market

According to Cognitive Market Research, the global Glucose market size was estimated at USD 48512.2 Million, out of which North America is the major market with more than 40% of the global revenue with a market size of USD 19404.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. The North American glucose market exhibits steady growth, driven by rising consumer awareness of health benefits. The dominating segment remains the food and beverage industries, leveraging glucose as a sweetening agent and energy source. Additionally, pharmaceutical applications show promising growth due to increased demand for glucose-based medications. In conclusion, with sustained demand from various sectors and technological advancements, the North American glucose market is poised for further expansion and innovation.

• According to Cognitive Market Research, the US had a major share in the Glucose market with a market size of USD 15310.45 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Increasing demand for sweeteners, growth in the food industry, health concerns, technological advancements, and dietary trends. 
• The Canadian glucose market had a market share of USD 2328.59 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Rising health consciousness, demand for natural sweeteners, and food industry innovations fuel glucose market growth in Canada.
• The Mexico Glucose market is projected to grow at a CAGR of 3.7% during the forecast period, reaching a market size of USD 1765.84 million in 2024.

Europe Glucose Market

According to Cognitive Market Research, with a market value of USD 48512.2 million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 3.5%from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 14553.66 million. In Europe, the glucose market is characterized by robust growth driven by rising demand in the food and beverage industries, pharmaceuticals, and healthcare sectors. The dominating segment remains the food and beverage industry, owing to the increasing use of glucose as a sweetening agent and energy source. With expanding applications in pharmaceutical formulations and healthcare products, the market shows promising potential for sustained growth. In conclusion, Europe's glucose market is poised for further expansion, driven by diverse end-user industries and evolving consumer preferences towards healthier alternatives.

• The United Kingdom Glucose market had a market share of USD 2445.01 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Demand surges due to health consciousness, the food industry, medical applications, and renewable resource exploration.
• The French glucose market is projected to grow at a CAGR of 2.7% during the forecast period, reaching a market size of USD 1338.94 million in 2024.
• According to Cognitive Market Research, the German glucose market was valued at USD 2881.62 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. Renewable energy policies, health consciousness, technological advancements, and industrial applications are driving the glucose market in Germany. 
• The ItalyGlucose market is projected to grow at a CAGR of 2.9% during the forecast period, reaching a market size of USD 1251.61 million in 2024.
• The Russian glucose market is projected to grow at a CAGR of 2.5% during the forecast period, reaching a market size of USD 2255.82 million in 2024.
• The Spanish glucose market is projected to grow at a CAGR of 2.6% during the forecast period, reaching USD 1193.40 million in 2024.
• The LuxembourgGlucose market is projected to grow at a CAGR of 3.6% during the forecast period, reaching a market size of USD 451.16 million in 2024.
• The PortugalGlucose market is projected to grow at a CAGR of 3.3% during the forecast period, reaching a market size of USD 305.63 million in 2024.
• The GreeceGlucose market is projected to grow at a CAGR of 3.8% during the forecast period, reaching a market size of USD 174.64 million in 2024.
• The rest of Europe's Glucose market is projected to witness growth at a CAGR of 2.2% during the forecast period, reaching a market size of USD 2255.82 million in 2024.

Asia Pacific Glucose Market

According to Cognitive Market Research, the global Glucose market size was estimated at USD 48512.2 Million, out of which Asia Pacificheld the market ofaround23% of the global revenue with a market size of USD 11157.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. In the Asia Pacific glucose market, an overview reveals robust growth driven by expanding food and beverage industries, coupled with rising health-conscious consumer trends. The dominating segment is expected to be the food and beverage sector, particularly with the increasing demand for natural sweeteners. Conclusion: With a burgeoning population and evolving dietary preferences, the Asia Pacific glucose market presents lucrative opportunities for stakeholders. Sustainable sourcing and innovation in product development will be key to maintaining competitiveness in this dynamic market landscape.

• According to Cognitive Market Research, the China Glucose market size was valued at USD 5021.01 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. China's growing population, urbanization, dietary changes, and industrial use propel glucose market expansion.
• The JapanGlucose market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 1539.78 million in 2024.
• The IndiaGlucose market had a market share of USD 1338.94 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Demand surges due to rising population, urbanization, dietary changes, healthcare awareness, and food industry growth.
• The South Korean glucose market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 1115.78 million in 2024.
• The Australian glucose market is projected to grow at a CAGR of 6.7% during the forecast period, reaching a market size of USD 580.21 million in 2024.
• The South East AsiaGlucose market is projected to grow at a CAGR of 8.0% during the forecast period, reaching a market size of USD 769.89 million in 2024.
• The rest of the Asia PacificGlucose market is projected to grow at a CAGR of 6.8% during the forecast period, reaching a market size of USD 792.20 million in 2024.

South America Glucose Market

According to Cognitive Market Research, the global Glucose market size was estimated at USD 48512.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 2425.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. The Latin American glucose market is witnessing steady growth, driven by increasing demand in the food and beverage sectors. The dominating segment is liquid glucose due to its wide applications in the confectionery and pharmaceutical industries. Additionally, the rising awareness regarding the health benefits of glucose consumption is fueling market expansion. In conclusion, Latin America presents a promising landscape for glucose market growth, with liquid glucose emerging as the dominant segment, supported by evolving consumer preferences and industrial requirements.

• According to Cognitive Market Research, the Brazil Glucose market size was valued at USD 1038.16 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Demand surge due to increased consumption, industrial applications, and agricultural activities driving South Brazil's glucose market.
• The ArgentinaGlucose market had a market share of USD 407.50 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Climatic conditions, agricultural policies, and export demands influence the glucose market in South Argentina.
• The Colombian glucose market is projected to grow at a CAGR of 4.2% during the forecast period, reaching a market size of USD 215.88 million in 2024.
• The PeruGlucose market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 198.90 million in 2024.
• The Chilean glucose market is projected to grow at a CAGR of 4.7% during the forecast period, reaching a market size of USD 174.64 million in 2024.
• The rest of the Latin American glucose market is projected to grow at a CAGR of 3.5% during the forecast period, reaching a market size of USD 390.52 million in 2024.

Middle East and Africa Glucose Market

According to Cognitive Market Research, the global Glucose market size was estimated at USD 48512.2 Million, out of which the Middle East and Africa are the major markets of around 2% of the global revenue with a market size of USD 970.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. MEA Glucose Market Analysis: The MEA glucose market is witnessing growth owing to increasing demand in the food, pharmaceutical, and industrial sectors. The dominating segment is the food industry, driven by the region's population growth and changing dietary habits. Rising health consciousness also fuels the demand for low-calorie sweeteners. Despite challenges such as fluctuating raw material prices and stringent regulations, the market shows resilience. In conclusion, the MEA glucose market is poised for steady growth, driven by diverse end-user industries and evolving consumer preferences. It presents opportunities for market players to innovate and expand their offerings.

• According to Cognitive Market Research, the GCC Countries' Glucose market was valued at USD 415.26 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Rising health awareness, population growth, and urbanization fuel the demand for glucose products in GCC countries.
• The EgyptGlucose market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 101.88 million in 2024.
• The South African glucose market is projected to witness growth at a CAGR of 5.7% during the forecast period, reaching a market size of USD 153.30 million in 2024.Demand will surge due to population growth, dietary changes, industrial applications, and increased health consciousness.
• The Turkish glucose market is projected to grow at a CAGR of 4.2% during the forecast period, reaching a market size of USD 83.44 million in 2024.
• The Nigerian glucose market is projected to grow at a CAGR of 3.8% during the forecast period, reaching a market size of USD 101.88 million in 2024.
• The rest of the MEAGlucose market is projected to grow at a CAGR of 3.7% during the forecast period, reaching a market size of USD 114.49 million in 2024.

Glucose Market Analysis

Glucose  Form Segment Analysis

Glucose syrup, derived from starch through hydrolysis, serves as a versatile sweetener in various food and beverage products. Its widespread use in confectionery, bakery, and processed food industries drives significant demand. Factors such as its ability to enhance texture, improve moisture retention, and provide sweetness contribute to its popularity.

Solid glucose, often found in crystalline or powdered form, is utilized in pharmaceuticals, dietary supplements, and certain food applications. Its role as a source of energy in medical settings and its incorporation into nutritional products underline its significance. Additionally, solid glucose finds application in industries like cosmetics and agriculture, further diversifying its market reach.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Glucose Industry. Request a Free Sample PDF!

Glucose Source Segment Analysis

Corn, a major source of glucose through corn syrup production, commands a significant share of the market due to its abundant availability and cost-effectiveness. However, fluctuations in corn prices, driven by factors like weather conditions, agricultural policies, and biofuel demands, impact the glucose market's stability and pricing.

Wheat also plays a role in the glucose market, albeit to a lesser extent compared to corn. While wheat-based glucose production is less common, it remains a viable alternative in certain regions, offering diversity to producers and consumers. Factors such as wheat yields, global demand for wheat-based products, and trade policies affect its contribution to the glucose market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Glucose Application Segment Analysis

In the food & beverage sector, glucose serves as a crucial ingredient in confectionery, bakery, and beverage products due to its sweetening properties, texture enhancement, and as a source of energy. Additionally, the rising consumer demand for natural and clean-label ingredients has fueled the adoption of glucose derived from natural sources such as corn or fruits.

In the cosmetics industry, glucose finds utility in various skincare and haircare products. It serves as a humectant, providing hydration and moisture retention properties, thereby enhancing the efficacy of skincare formulations. Moreover, its gentle nature makes it suitable for sensitive skin types, further driving its popularity in cosmetic formulations.

• Food & Beverage 
• Cosmetics 
• Pharmaceutical 
• Paper-making 

Glucose Product Type Segment Analysis

Supermarkets and hypermarkets dominate the landscape due to their wide reach. They offer convenience and one-stop shopping for consumers. These retail giants often carry a diverse range of products, including various brands of glucose, catering to a broad customer base.

Specialty stores, on the other hand, carve out a niche within the market by focusing on specific consumer needs and preferences. They often offer specialized glucose products targeted toward health-conscious individuals, athletes, or those with specific dietary requirements. These stores provide a curated selection of high-quality glucose products, often attracting discerning customers seeking premium options or unique formulations.

• Chromatography Reagents
• Cell & Tissue Culture Reagents
• PCR Reagent Kits
• Electrophoresis Reagents
• Flow Cytometry Reagent Kits
• Others

Glucose Nature Segment Analysis

• Organic 
• Synthetic

Glucose Distribution Channel Segment Analysis

• Supermarkets & Hypermarkets
• Specialty Stores 
• Online 
• Others

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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