Middle East & Africa Fructose Market Size & Outlook
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MEA fructose market highlights
- The MEA fructose market generated a revenue of USD 136.8 million in 2019.
- The market is expected to grow at a CAGR of 1.8% from 2020 to 2027.
- In terms of segment, high fructose corn syrup was the largest revenue generating product in 2019.
- Fructose Solids is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2019 | USD 136.8 million |
| Market revenue in 2027 | USD 157.7 million |
| Growth rate | 1.8% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global fructose market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,764.0 million by 2027.
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Fructose Market Scope
Fructose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shijiazhuang Huaxu Pharmaceutical Co. | View profile | 251-500 | Shijiazhuang, Hebei, China, Asia | http://www.dmannitol.com |
| galam | View profile | - | https://www.galamgroup.com/about/ | |
| ADM | View profile | - | Chicago, Illinois, United States, North America | https://www.adm.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
Middle East & Africa fructose market outlook
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 67.47% in 2019. Horizon Databook has segmented the Middle East & Africa fructose market based on high fructose corn syrup, fructose syrups, fructose solids covering the revenue growth of each sub-segment from 2016 to 2027.
Middle East & Africa accounted for the least share of the global fructose market and is anticipated to register slowest growth rate over the forecast period. The consumption of fructose in the region is mainly driven by the beverages industry.
Increasing investments in the beverage sector of the region is anticipated to propel market growth. For instance, in October 2019, Diageo invested a sum of USD 219 million to “green” beverage production process in Africa. Diageo is a leading British Company engaged in production and marketing of liquors and alcoholic beverages.
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Target buyers of Middle East & Africa fructose market databook
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Our clientele includes a mix of fructose market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fructose market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fructose market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Fructose Market Outlook Share, 2019 & 2027 (US$M)
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