Market revenue in 2019 | USD 1,201.6 million |
Market revenue in 2027 | USD 1,764.0 million |
Growth rate | 4.9% (CAGR from 2019 to 2027) |
Largest segment | High fructose corn syrup |
Fastest growing segment | Fructose Solids |
Historical data covered | 2016 - 2018 |
Base year for estimation | 2019 |
Forecast period covered | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | High Fructose Corn Syrup, Fructose Syrups, Fructose Solids |
Key market players worldwide | ADM, Cargill, DuPont de Nemours Inc, galam, Ingredion Inc, Shijiazhuang Huaxu Pharmaceutical Co., Tate & Lyle PLC |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fructose market will help companies and investors design strategic landscapes.
High fructose corn syrup was the largest segment with a revenue share of 62.87% in 2019. Horizon Databook has segmented the Asia Pacific fructose market based on high fructose corn syrup, fructose syrups, fructose solids covering the revenue growth of each sub-segment from 2016 to 2027.
The growth in the region is driven by increasing demand from India and China which are experiencing rapid increase in population and changing demographic trends. The presence of large portions of land under corn cultivation is expected to further boost market growth.
High demand from the region shows promising growth for the market for the upcoming years. This can be indicated by rising interest of key manufacturers of the market such as Tate & Lyle in expanding their footprints in the region through mergers & acquisitions and other initiatives.
The demand for high fructose syrup is high in this region. The presence of large number of manufacturers in this region is responsible for growing application of the product. The textural and taste advantages provided by fructose syrups and fructose solids is expected to boost the demand for these product segments.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fructose market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fructose market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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