What is Global Starch Sweeteners Market?
The Global Starch Sweeteners Market is a vast and dynamic sector that encompasses a variety of sweeteners derived from starch. These sweeteners are produced through the enzymatic or acid hydrolysis of starch, which is primarily sourced from corn, wheat, and potatoes. The market is driven by the increasing demand for low-calorie sweeteners in the food and beverage industry, as well as the growing awareness about the health benefits of these products. The market is also influenced by the changing dietary habits of consumers, who are increasingly opting for natural and organic food products. The Global Starch Sweeteners Market is characterized by the presence of several key players, who are constantly innovating and introducing new products to cater to the evolving consumer preferences. These players are also investing heavily in research and development activities to enhance the quality and efficiency of their products. The market is further segmented based on the type of sweetener, application, and region.
Glucose, High Fructose Syrup, Corn Syrup, Sorbitol, Others in the Global Starch Sweeteners Market:
The Global Starch Sweeteners Market is categorized into several types of sweeteners, including Glucose, High Fructose Syrup, Corn Syrup, Sorbitol, and others. Glucose is a simple sugar that is widely used in the food and beverage industry due to its sweet taste and ability to enhance the flavor of food products. High Fructose Syrup, on the other hand, is a sweetener that is derived from corn starch and is commonly used in soft drinks, candies, and baked goods. Corn Syrup is a versatile sweetener that is used in a variety of food products, including sauces, jams, and desserts. Sorbitol is a sugar alcohol that is used as a sugar substitute in diet foods and sugar-free candies. Other types of starch sweeteners include Maltodextrin, Dextrose, and Isomalt, which are used in a variety of applications, ranging from food and beverage to pharmaceuticals.
Candy, Food, Dietary Supplements, Baked Goods and Desserts, Others in the Global Starch Sweeteners Market:
The Global Starch Sweeteners Market finds extensive usage in various areas such as Candy, Food, Dietary Supplements, Baked Goods and Desserts, and others. In the candy industry, these sweeteners are used to enhance the sweetness and flavor of candies, while in the food industry, they are used as a sugar substitute in a variety of food products. Dietary supplements also make use of these sweeteners to improve the taste and palatability of their products. Baked goods and desserts are another major application area for these sweeteners, as they help in enhancing the taste and texture of these products. Other applications of starch sweeteners include beverages, dairy products, and confectionery items.
Global Starch Sweeteners Market Outlook:
Looking at the market outlook, the Global Starch Sweeteners Market was valued at a significant US$ 8930 million in 2023. The market is expected to witness a steady growth, reaching an estimated value of US$ 10610 million by 2030. This growth trajectory, representing a Compound Annual Growth Rate (CAGR) of 2.5%, is expected to be observed during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for these sweeteners in various industries, coupled with the growing consumer awareness about the health benefits of low-calorie sweeteners. The market is also expected to benefit from the ongoing innovations and advancements in the field of starch sweeteners.
| Report Metric | Details |
| Report Name | Starch Sweeteners Market |
| Accounted market size in 2023 | US$ 8930 million |
| Forecasted market size in 2030 | US$ 10610 million |
| CAGR | 2.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Tate and Lyle Plc, Cargill Incorporated, ADM Company, Scoular, Tereos, Daesang, Kasyap Sweeteners, Novasep, Vogelbusch, Showa Sangyo, Ingredion, DuPont, Galam, Ajinomoto Corporation, Beneo |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
