North America Glucose Market Size & Outlook, 2023-2030
North America glucose market, 2018-2030 (US$M)
Related Markets
North America glucose market highlights
- The North America glucose market generated a revenue of USD 5,668.8 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,668.8 million |
| Market revenue in 2030 | USD 7,791.7 million |
| Growth rate | 4.6% (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, North America region accounted for 11.5% 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.
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Glucose Market Scope
Glucose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 71.88% in 2023. Horizon Databook has segmented the North America glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
North America glucose market is majorly driven by the rising product application in food & beverage industry. Glucose is added as a sweetening agent, thickener, and humectant in confectioneries, beverages, and dairy products.
The growth of end-use industries for glucose in the region is expected to drive the market. On the other hand, rising prevalence of obesity and diabetes, which is associated with blood glucose levels, is expected to hamper the consumption of sweetened products.
As per International Diabetes Federation (IDF), people in the age group of 20-79 years having diabetes in the IDF’s study region North America and the Caribbean (including the U.S., Canada, Mexico, and 21 Caribbean countries) were 37,362 thousand in 2010, which increased to 47,610 thousand in 2019.
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Target buyers of North America 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 North America glucose market , including forecasts for subscribers. This continent databook contains high-level insights into North America glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America glucose market size, by country, 2018-2030 (US$M)
North America Glucose Market Outlook Share, 2023 & 2030 (US$M)
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