Market revenue in 2019 | USD 1,931.8 million |
Market revenue in 2027 | USD 2,637.7 million |
Growth rate | 4% (CAGR from 2019 to 2027) |
Largest segment | High fructose corn syrup |
Fastest growing segment | Fructose Syrups |
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 60.08% in 2019. Horizon Databook has segmented the North 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.
North America is amongst the highest consumers of fructose globally. The growing awareness about low calorie foods and benefits of including sugar substitutes in the daily diet is expected to boost the demand for fructose. The major reason behind the moderate growth in the region is the growing pressure on high fructose corn syrup manufacturers by regulatory bodies.
High fructose corn syrup is the most consumed product of the market in the region. The easy availability of raw materials coupled with presence of large number of corn processing facilities is driving the demand for this product.
Fructose syrups is the fastest growing product segment in the market. The demand for fructose syrups is driven by their compatibility with various foods and growing concerns of obesity regarding consumption of high fructose corn syrup.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America fructose market , including forecasts for subscribers. This continent databook contains high-level insights into North America fructose market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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