Starch glucose syrups are plant-based substances used in food and beverage products. These are sugars from the carbohydrate family that are mainly derived from cereals such as wheat and maize and other starch-rich foods such as rice and potatoes.
The starch glucose syrups along with improving the food’s taste play a key role in enhancing food texture and glossiness. Often found in a transparent viscous state it is obtained from break down of carbohydrates into smaller molecules through the process of hydrolysis.
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Growing Demand for Bakery Products is Increasing Market Prospects for Starch Glucose Syrup
The global food market is witnessing a growing demand for bakery products largely due to an increase in consumer spending. Bread is a staple food in many cultures and nations often available at extremely low prices.
The outlook of the bakery market changed with the introduction of premium sweet products such as cakes and pastries. Gradually cakes and pastries have become a part of lifestyle usually consumed during festivities and other occasions.
With the increase in per capita income, the consumers are now able to enjoy their favourite high priced bakery products regularly. Digital media also plays an important part in promoting bakery product and ingredients.
With the advent of food channels, food blogging, and food recipe apps, the bakery market experienced a surge in demand not only for bakery ingredients but also for household bakery equipment. Baking bread at home daily is a tedious task, therefore, consumers from developed nations tend to buy bread for their daily meals.
Gradual westernization in cities of developing nations is slowly incorporating the habit of consuming bread in meals rather than having it as snacks. Thus, the starch glucose syrup market is bound to get boost owing to the growing demand for bakery products.
Global Starch Glucose Syrup: Key Players
Some of the key players manufacturing starch glucose syrup are as follows –
- Queen Fine Foods
- Bakers Kitchen
- Dr. Oetker
- DGF Service
- Karo Syrup
- L’Epicerie and Sunar Misir
COVID-19 Impact:
In the initial phase of the COVID-19 crisis, there was an upsurge in demand for processed and packaged foods and beverages. The upsurge in demand is purely out of the intention of stockpiling food supplies that could last for months amidst the pandemic.
Rising demand for processed food is expected to boost the growth of starch glucose syrup market. Also, the global supply chain is returning to its regular state, thus, fuelling the growth of starch glucose syrup market.
The starch glucose syrup market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the starch glucose syrup market, including but not limited to: regional markets, grade, function, application, and distribution channel.
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Highlights of the Starch Glucose Syrup Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the starch glucose syrup market
- Recommendations to companies for strengthening their foothold in the starch glucose syrup market
Global Starch Glucose Syrup: Market Segmentation
Function:
- Sweetening agent
- Thickening agent
- Moisture-retaining agent
Grade:
- Food
- Pharmaceutical
Application:
- Food Processing Industry
- Bakery
- Confectionery
- Dairy Products
- Beverages
- Others (Jam, Sauces)
- Pharmaceuticals
- Cosmetics
Distribution Channel:
- B2B
- B2C
- Modern Trade
- Convenience Store
- Online Retail
- Others (Wholesaler)
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