Reports
The global fructose market reached a value of about USD 4.4 billion in 2021. The industry is projected to grow at a CAGR of around 5.50% in the forecast period of 2022-2027 to reach a value of USD 6.12 billion by 2027.
Since fructose is being widely used in various applications especially in food and beverage industry, its global demand is rising at a high rate. The key demand indicator is the highest category spender by region - North America.
Fructose is a plain form of ketonic monosaccharide sugar that is obtained from many plants, flowers, and fruits. It is a form of a fruit sugar that belongs to one of the three dietary monosaccharide together with glucose and galactose which easily gets absorbed into the blood immediately during the digestion process. Processed maize or sugar yields is the purest form of fructose, widely used in the food and beverage sectors.
Fructose has been a big part of the processed food industry for the past decade since it is less toxic than other external sweeteners, and it has been promoted as a non-caloric rising ingredient. The global fructose industry report comprises segments by product (High Fructose Corn Syrup {HFCS}, Fructose Syrup and Fructose Solids), application (Beverages, Processed Foods, Diary Products, Bakery and Confectionary, Pharmaceuticals and Others), and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and Latin America).
In 2022, North America is dominating the global market with a revenue share of over 44%. The rising popularity of packaged beverages in the region, such as juices, sports drinks, and carbonated soft drinks, has aided the growth of the business. On the other hand, consumers in this region are gradually shifting to organic products, which is predicted to diminish product demand. Because of China's and India's rapidly expanding beverage industries, the fructose market in East Asia and South Asia is expected to grow at the fastest rate between 2022 and 2032. Furthermore, market growth is expected to be supported by expanding population in the areas and a shift in consumer lifestyles that necessitate food products like sweets, bottled drinks, and chocolates.
On the other side, the fructose market in Europe is expanding at the slowest rate due to the growing elderly population, who are more prone to chronic ailments. Consumers in this country are becoming more health-conscious, limiting their intake of sweetened goods and beverages, which is hampering the market growth. The fructose market will grow in the following years as a large consumer base are willing to test new branded foods and beverages emerges. The increased prevalence of diabetes in this region prompts individuals to seek out low-sugar diets, boosting the demand for fructose.
The global fructose market by Procurement Resource gives an in-depth analysis of the best buying practices followed by major fructose products utilising regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Fructose is extracted commercially from sugar cane, sugar beets, and maize. High-fructose corn syrup is a monosaccharide combination of glucose and fructose. Sucrose is sugar with one glucose molecule and one molecule of Fructose covalently bonded together. In all forms, including fruits and juices, fructose is widely added to foods and beverages to improve palatability and flavour and brown various dishes, such as baked products. Annually, around 240,000 tonnes of crystalline fructose are produced. Fructose is typically found with glucose and sucrose in honey and fruit juices. Fructose is a reducing sugar classed as the most essential ketose sugar, and a hexose.
Because it may be converted to hydroxymethylfurfural HMF, it can be utilised as a diesel fuel additive and a diesel fuel. The use of fructose as a sweetener is a large-scale application. It is used as a sweetening additive in a variety of meals and it’s a low-calorie sweetener quality adds to its utility as a sweetener.
Fructose is utilised in plastic as well and is also used to make goods like nutrition bars and cookies so that they last longer. It is an important component in newborn formulae and a diabetic meal as it consists of a low glycemic index with which it releases moderate amounts of insulin into the bloodstream compared to glucose.
The international market for fructose is primarily driven by the rising demand for low-calorie sweeteners globally. North America held a significant part of the Fructose market in 2020, accounting for 43%. Food and beverage businesses in this region increasingly use fructose, such as High Fructose Corn Syrup, because it has higher stability than granulated sugar. Fructose variants like the high fructose corn syrup and crystalline form are used extensively as a substitute for refined sugar. Furthermore, growing awareness of fructose's health benefits is aiding the market rise in this region. Asia Pacific is predicted to grow at a quicker CAGR over the projection period of 2022-2026, owing to the growing presence of significant players in the region.
1. Executive Summary
2. Fructose Market Snapshot
2.1. Fructose Market Outlook
2.2. Fructose Industry Analysis by Application
2.2.1. Beverages
2.2.2. Processed Foods
2.2.3. Dairy Products
2.2.4. Bakery and Confectionary
2.2.5. Pharmaceuticals
2.2.6. Others
2.3. Region Overview
2.3.1. Asia-Pacific
2.3.2. Europe
2.3.3. North America
2.3.4. Latin America
2.3.5. Middle East & Africa
3. Impact of Recent Events
4. Fructose Value Chain Analysis
5. Fructose Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Fructose Cost Structure
9. Fructose Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Fructose Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. Swot Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New Entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Industry Best Practices
13.1. Sourcing Strategy
13.2. Procurement Model
13.3. Contract Structure
13.4. Negotiation Levers
13.5. Pricing Model
13.6. Key Factors Influencing the Quotation
14. Key Supplier Analysis
14.1. Cargill Incorporated
14.2. Archer Daniels Midland Company
14.3. Tereos S.A.
14.4. DowDuPont Inc.
14.5. Ingredion Inc.
The fructose market is estimated to reach USD 6.1 billion by 2026, growing at an annual rate of 8.2 percent.
The leading participants in the industry are Archer Daniels Midland Company, Tate & Lyle PLC, Atlantic Chemicals Trading, Cargill Corporation,
DuPont Nutrition & Biosciences, Galam Ltd., Global Sweeteners Holdings, etc.
It can be utilised as a diesel fuel additive as well as a diesel fuel and used as a sweetening additive in a variety of meals.
The leading regions in the fructose market are North America, East Asia, and South Asia.
The major drivers that are increase the demand for fructose are confectionary and fuel Industries.
The global fructose market is expected to grow at an annualized rate pace of 8.2 percent to USD 6.1 billion by 2026. Because fructose is widely used in various applications, from enhancing texture to extending product shelf life, the food sector is driving the market. North America commanded the global market with a gross market share of around 44%. The popularity of packaged beverages in the region, such as juices, sports drinks, and carbonated soft drinks, has aided the market’s development. The major regions in the global fructose market are North America, South, and East Asia. The key players in the global fructose market include Archer Daniels Midland Company, Tate & Lyle PLC, Atlantic Chemicals Trading, Cargill Corporation, DuPont Nutrition & Biosciences, Galam Ltd., Global Sweeteners Holdings, etc.
Procurement Resources’ detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise thus, delivering its customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
Email Delivery Price: $ 999.00
The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.
Read MoreEmail Delivery Price: $ 999.00
The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.
Read MoreEmail Delivery Price: $ 999.00
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.
Read More