Market revenue in 2019 | USD 529.8 million |
Market revenue in 2027 | USD 763.7 million |
Growth rate | 4.7% (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 65.06% in 2019. Horizon Databook has segmented the Latin America fructose market based on high fructose corn syrup, fructose syrups, fructose solids covering the revenue growth of each sub-segment from 2016 to 2027.
Central & South America is the second fastest region of the global fructose market. The presence of abundant natural resources and sorbitol manufacturers is boosting the market growth in this region. The changing lifestyles and rising disposable incomes is expected to boost the application of fructose in application segments.
The sugar production in the region is expected to boost production of fructose products. High fructose corn syrup is expected to remain the largest segment in the market owing to rising demand for alcoholic and non-alcoholic beverages.
Fructose syrups and fructose solids are expected to grow at a rapid pace. But they will fail to achieve market share of high fructose corn syrup over the forecast period as high fructose corn syrup is now being used in a large number of traditional formulations.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fructose market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fructose market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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