Market revenue in 2023 | USD 8,364.3 million |
Market revenue in 2030 | USD 11,206.0 million |
Growth rate | 4.3% (CAGR from 2023 to 2030) |
Largest segment | Syrup |
Fastest growing segment | Syrup |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 74.16% in 2023. Horizon Databook has segmented the Europe glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the fragmented market for glucose with the presence of a large number of small and mediumsized glucose manufacturers. The majority of dextrose is produced from corn as Europe is one of the leading producers of corn.
Regulatory and societal trends at play, such as the increasing number of policy recommendations and industry commitments to reduce the sugar content of several foods and drinks, suggest that total sugar consumption in the EU will remain stable or even decrease, despite the end of the sugar production quota.
In many food applications, glucose can be used without altering the taste of the final product. As a liquid syrup, it is easier to use in certain food applications. Moreover, it can improve the product’s texture, color and enhance flavor better than artificial sweeteners. On the back of these factors, demand for glucose is anticipated to increase by the European food manufacturers over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe glucose market , including forecasts for subscribers. This continent databook contains high-level insights into Europe glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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