Middle East & Africa Glucose Market Size & Outlook
Middle East & Africa glucose market, 2018-2030 (US$M)
Related Markets
MEA glucose market highlights
- The MEA glucose market generated a revenue of USD 9,035.5 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, syrup was the largest revenue generating form in 2023.
- Syrup is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 9,035.5 million |
| Market revenue in 2030 | USD 12,874.0 million |
| Growth rate | 5.2% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 18.3% of the global glucose market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,770.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Glucose Market Scope
Glucose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa glucose 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 glucose market will help companies and investors design strategic landscapes.
Syrup was the largest segment with a revenue share of 71% in 2023. Horizon Databook has segmented the Middle East & Africa glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
In the Middle East & Africa, the demand for glucose is expected to grow at a substantial rate of 4.3% over the forecast period. This is attributed to the increasing demand for food & beverage products in the region. The Middle East & Africa is the largest importer of food & beverage products globally.
Rapidly growing urban population and increasing demand for natural food ingredients & products are supplementing the glucose market growth in the region. The Middle East & Africa has become a dynamic region for processed food and food ingredients.
The recession in the global oil market has impacted the whole of Middle East due to the economic slowdown in Saudi Arabia and the United Arab Emirates whereas, it is balanced by the economic growth of Iran, Egypt, and Turkey.
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Target buyers of Middle East & Africa glucose market databook
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Our clientele includes a mix of glucose 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 glucose market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA glucose market size, by country, 2018-2030 (US$M)
Middle East & Africa Glucose Market Outlook Share, 2023 & 2030 (US$M)
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