Market revenue in 2023 | USD 1,476.2 million |
Market revenue in 2030 | USD 1,988.5 million |
Growth rate | 4.3% (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 76.21% in 2023. Horizon Databook has segmented the UK glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
The food and beverage industry is the UK’s largest manufacturing sector, contributing USD 43.03 billion to the economy annually. It is a key part of the nation’s USD 167.43 billion ‘farm to fork’ food chain. UK food and beverage industry have a turnover of USD 143.9 billion accounting for 19% of the total UK manufacturing industry.
This signifies the importance and reach of the food and beverage industry in the country and on the back of these factors, the demand for glucose is anticipated to grow at a substantial rate in the country over the forecast period.
The impact of Brexit can also be seen on the glucose market in the UK. The ‘Rules of Origin’ states that, products exported from the UK that benefit from duty-free access to the EU must be produced in the UK. Application of the ‘Rules of Origins’ is likely to impact the flow of traded glucose from the UK to Europe more than in the other direction.
Horizon Databook provides a detailed overview of country-level data and insights on the UK glucose market , including forecasts for subscribers. This country databook contains high-level insights into UK glucose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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