Market revenue in 2023 | USD 1,981.9 million |
Market revenue in 2030 | USD 2,702.1 million |
Growth rate | 4.5% (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 76.91% in 2023. Horizon Databook has segmented the Germany glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
Soft drink consumption has been decreasing in Mexico owing to the addition of a 1 peso per liter excise tax on non-alcoholic beverages with added sugar (in the form of powder or concentrates) by the Mexican government.
The imposition of excise tax has resulted in a 10% increase in the prices of soft drinks. Increased soft drink prices declined its consumption posing a challenge for sugar inclusion in beverage products. As per Mexico’s survey results published in May 2020 by BMJ Publishing Group Ltd., the prevalence of medium and high consumers of soft drinks decreased from 50% to 43% before and after implementation of the new excise tax with the study period of 2004 to 2018 in Mexico.
On the other hand, the prevalence of non-consumers of soft drinks increased from 10% to 14% before and after implementation of the excise tax, respectively, with a study period of 2004 to 2018. Decreasing consumption of sugar-sweetened beverages is expected to negatively impact the demand for glucosecontaining products.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany glucose market , including forecasts for subscribers. This country databook contains high-level insights into Germany glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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