Published Date: 2019-10-31 | Pages: Ongoing | Tables: Ongoing | Report ID: 8190 | Industry: Chemical & Material |
Format :
Liquid glucose is an odourless and yellowish liquid derived from the hydrolysis of starch. It is also known as glucose syrup and corn syrup. It finds application in controlling sucrose and dextrose crystallization in confections, including hard candies. It plays a key role as a flavor and texture enhancer in candies, ice creams, and various other frozen desserts. Novel product introductions are playing a key role in boosting the liquid glucose market growth.
One such instance is De50-55 Liquid Glucose, which has a smooth sweetness and high osmotic pressure. It is deployed as a sweetener in candied fruits, juices, and jams. It offers longer shelf life to the products and helps to maintain taste for long.
Growing Demand from the Food Industry to Drive the Market
Liquid glucose is gaining immense traction in the food industries including candy industry, baking products, and beverages. This is acting as a key factor driving the liquid glucose market. Industrial and pharmaceutical sectors are also making extensive usage of liquid glucose, which is having a positive impact on the liquid glucose market growth.
In addition, liquid glucose offers a great substitute for the conventional granular sugar, which is, in turn, driving the product demand among the consumers. High spending power and rise in the per capita income are some of the key factors predicted to raise the demand for liquid glucose across the globe.
Key Players to Adopt Novel Product Innovation as a Key Strategy
Key players operating in the global liquid glucose market include Shri Tradco, Goya Agro, Sukhjit Group, Sayaji, Sanstar, Riddhi Siddhi Gluco Biols, Gulshan Polyols, SSCPL, Yashwant Sahakari, Gayatri, and Anil Products. The key players are coming up with new products with an aim to expand their base across the globe.
For instance, lately, one of the leading manufacturers of liquid glucose, Sanstar launched high maltose corn syrup, which is obtained from enzymatic hydrolysis of corn starch. This liquid starch is processed under the control condition to produce 45 DE sugar comprising high maltose and low glucose and other sugar. It is extensively employed in hard boiling candies as well as icing candies. Bread, cake, beer brewage candy, and drink are some of the other products wherein this syrup is deployed.
Key Points to Remember
● Increasing usage of liquid glucose across the food industry to act as a key driver in the global liquid glucose market
● Food grade to gain popularity as a key product type
● Candy confectionery and sweet making to witness substantial growth in the near future
● North America to capture a conspicuous share in the global liquid glucose market in the forthcoming years
By Product Type
● Food Grade
● Pharmaceutical Grade
● Industry Grade
● Others
By Application
● Candy Confectionery and Sweet Making
● Pharmaceuticals
● Flavouring
● Others
The researchers predict that food grade is expected to acquire a handsome share in the liquid glucose market owing to surge in the application of liquid glucose in various food products. It has also been anticipated that the industrial grade is expected to witness an uptrend in the near future. The reason being growing demand from the industrial sector for carrying out fermentation. As per the analysts, candy confectionery and sweet making is anticipated to emerge as a key application segment in the forthcoming years. This is attributed to the widespread usage of liquid glucose in making hard candies as the consistency of syrup helps in avoiding crystallization.
By Region
North America is expected to grab a major share in the liquid glucose market in the forthcoming years. This is attributed to surge in the demand for bakery products, such as cakes. In addition, government is offering large scale sugar subsidies, which is supporting the liquid glucose market growth in North America. Asia Pacific is predicted to witness substantial growth in the coming years because of booming food sector and rising awareness pertaining to benefits of liquid glucose. Europe is also likely to emerge as a lucrative market in the near future owing to rise in the consumption of candies and baked goods.
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