Increasing preference in food preparation for alternative and economic sweeteners is a major factor likely to propel growth on the global corn sweeteners market. Another key factor going to propel target market growth over the next few years is growing demand for corn sweeteners in food manufacturers as it provides advantages over sucrose such as ease of handling and good stability.
In addition, the pharmaceutical industry’s market growth for corn sweetener is projected to support growth in the coming years. Government policies have made corn cheap and a cost-effective corn sweeteners has resulted. In the United States, the trend of use of corn sweetener is correlated with soft drink use.
Consumption of corn sweeteners is high in the U.S. accounts mostly for beverage consumption. In addition, US agricultural policies have raised sugar prices and lowered corn prices which led to rise in the corn sweeteners market. Changing people’s lifestyles and rising health issues, however, as more people are susceptible to diabetes will impede growth in the industry. Corn sweeteners are thoroughly compatible with other carbohydrate sweeteners and with food flavours. They are widely used in blends with other sweeteners.
The sweet taste of corn sweeteners, especially fructose containing syrups and crystalline fructose, is perceived more quickly than sucrose. The glossy appearance and syrup drainage control on fruits canned with cover syrups containing a corn sweetener is particularly pleasing to the customers.
The cost-effective benefits of the corn sweeteners when used as a sugar substitute compared to traditional sugar are expected to boost market growth. It is also anticipated that easy logistics and product handling due to its durability, which makes it a convenient choice for different food manufacturers, would increase market growth.
Global Corn Sweetenerss: Key Players
Some the key players operating their business in the global corn sweeteners market
- Archer Daniels Midland Company
- Tate & Lyle
- Ingredion Incorporated
Opportunities for Corn Sweeteners market:
Increasing industrialization of the U.S. food system and greater understanding of ingredient functionality helped create new products and new market. Food industry recognition that liquid sweeteners (syrups) offer ease convenient handling and facilitate blending to meet functional specifications increased the vogue of corn sweeteners and steadily expanded their business.
The development of commercial process for the enzyme-catalyzed isomerization of dextrose to the sweeter sugar, fructose. Subsequently development of separation process for enriching the fructose content not only allowed production of syrups with higher fructose content than could be produced by enzymatic action alone, but ultimately allowed the manufacture of pure crystalline fructose from starch.
On the basis of form, global corn sweetener market can be segmented as:-
On the basis of product type, global corn sweeteners market can be segmented as:-
- Corn Syrups
- Dried Corn Syrups
- Dextrose Monohydrate
- Dextrose Anhydrous
- High Fructose Corn Syrup
On the basis of Application, global corn sweeteners market can be segmented as:-
- Dairy products
- Frozen Desserts
- Bakery Products
On the basis of region, the Global Corn Sweeteners market has been segmented as:
- North America
- Latin America
- Middle East & Africa
- An overview of the Corn Sweeteners market, including background and evolution
- Macroeconomic factors affecting the Corn Sweeteners market and its potential
- Market dynamics, such as drivers, challenges and trends
- Detailed value chain analysis of the Corn Sweeteners market
- Cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key product segments, regions and by major participants in Corn Sweeteners market
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
- Analysis of the Corn Sweeteners market structure, including a tier-wise categorization of key market participants
- Competitive landscape of the market, including detailed profiles of the top players in this market
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