The global high fructose corn syrup market is growing due to the increasing demand for sweeteners from the food and beverage industry.The high fructose corn syrup (HFCS) market is witnessing a significant growth owing to its wide utilization as a sweetener in various processed foods.A recent report by Fortune Business Insights titled, “High Fructose Corn Syrup Market Size, Share and Industry Analysis, By Application (Food and Beverage, [Bakery, Cereal Products, Confectionery, Dairy, Beverages] Pharmaceutical) and Regional Forecast, 2021-2028,”discusses the market and its prime growth trajectories in details.
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- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
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- 2020 Updated Regional Analysis with Graphical Representation of Size, Share and Trends
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List of High Fructose Corn Syrup Market Manufacturers include:
- Archer Daniels Midland Company
- Ingredion Incorporated
- Global Sweeteners Holdings Limited
- Tate and Lyle
- Showa Sangyo Co., Ltd.
- Roquette Frères
- DAESANG Corporation
- Baolingbao Biology Co., Ltd.
- Sinofi Ingredients
- Kasyap Sweeteners Ltd.
What are the Objectives of the Report?
- An elaborative review of the market
- Factors driving, restricting, creating opportunities for, and challenging the market
- List of key players, and the major strategies adopted by them to reach for the top position in the market
- Major industry developments, and other interesting insights into the market
- Current trends that are prevalent in the market
Increased Utilization of HFCS as an Alternative to Regular Sugar
The evolving lifestyles and growing health consciousness among the consumers have negatively impacted the high fructose corn syrup market. The rising incidences of obesity and diabetes associated with the consumption of high-calorie sweeteners such as HFCS has influenced them to shift towards low or zero-calories sweeteners. The presence of high-intensity natural sweeteners such as stevia has also hampered the global sales performance of HFCS.
North America is expected to witness significant growth in the high fructose corn syrup market in the forthcoming years. The US Food and Drug Administration (USFDA) grants HFCS the Generally Recognized as Safe (GRAS) status. The U.S. is amongst the leading producer of corn, which aids in wide availability and reliability of corn for the production of HFCS. HFCS has been widely adopted by the U.S. food and beverage manufacturers as it offers higher stability as compared to granulated sugar. The wide incorporation of HFCS in various ready-to-drink (RTD) beverages coupled with the rising trend of RTD beverages among the consumers is anticipated to positively impact the growth of HFCS in the region.
Europe are projected to witness considerable growth in the foreseeable years. The manufacturers are shifting towards high fructose corn syrup as sweetener owing to the scarce availability and increase in price of regular sugar. Thus, these factors are expected to fuel the growth of the regional high fructose corn syrup market.
- Food and Beverage
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East and Africa (South Africa, UAE, and Rest of MEandA)
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