Market revenue in 2023 | USD 3,349.5 million |
Market revenue in 2030 | USD 4,946.9 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Syrup |
Fastest growing segment | Syrup |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Syrup, Solid |
Key market players worldwide | Archer-Daniels Midland Co, Ingredion Inc, Tate & Lyle PLC, Cargill, Grain Processing Corporation, Agrana, Global Sweeteners Holdings, Roquette America, Tereos, Fooding |
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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 glucose market will help companies and investors design strategic landscapes.
Syrup was the largest segment with a revenue share of 71.39% in 2023. Horizon Databook has segmented the Brazil glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
The food and beverage industry has been among the largest industry in Brazil accounting for 10.6% of its GDP. Rapid urbanization and increased working-class population are influencing the growth of the food and beverage industry in Brazil.
Moreover, foreign food and beverage companies are actively looking to invest in the country owing to lucrative opportunities to grow in this emerging market, which is expected to boost the growth of the food and beverage industry.
These factors are directly influencing the demand for glucose in the country, as these investments result in more product launches. The increasing popularity and inclination toward convenience food are likely to propel the growth of Brazil's glucose market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil glucose market , including forecasts for subscribers. This country databook contains high-level insights into Brazil glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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