Research Nester recently published report titled “Global Acid converted glucose syrup Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Acid converted glucose syrup market in terms of market segmentation by raw materials type, by application type, by end-user industries and by regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The acid converted glucose syrup is driven by the glucose consumption all around the globe which is around more than 2 times the intake of healthy consumption, thus, acid converted glucose syrup market is anticipated to mark a CAGR of around 3% during the forecast period i.e. 2019-2027.
The acid converted glucose syrup is modified by various chemical processes. Although the enzyme hydrolysis of starch allows the syrup produced are considered to be time-consuming and expensive process, thus, some syrups are still made using the more acid conversion method. Currently the global Acid converted glucose syrup market is observing a vibrant growth owing to increasing demand from food industry, pharmaceutical and fermentation industries. The projected growth rate for the acid converted glucose syrup market considers the application over wide range of products such as confectionery, beer, soft drinks, candies and many more during the forecast period.
Asia Pacific countries including China and India are expected to lead the demand for acid converted glucose syrups due to its increasing demand and economical food products. Asia Pacific is attributed to grow at rapid rate followed by North America.
Steady Application in Food Industry
The immense application of acid converted glucose syrup in food industry is majorly covered by the confectionery segment so, they are also known as confectioner’s glucose. The acid converted glucose syrup has its widespread application in various processes including production of frozen desserts and candies, bakery products, beer, soft drinks, fruit tart and jams and many more.
The acid converted glucose syrups are manufactured by acid hydrolysis of starch at high temperature and pressure extensively owing to the low cost of acid conversion. This cost efficiency is promoting the growth of the acid converted glucose syrups market.
However, the fat free acid converted glucose syrups are high in calories which tends to gain more weight. Moreover, the regular intake of acid converted glucose syrups including food items makes appetite feel hungry thereby creating health concerns among the population, which may reduce the demand for the product and would negatively impact the market growth over the next few years.
This report also provides the existing competitive scenario of some of the key players of the global Acid converted glucose syrup market which includes company profiling of Archer Daniels Midland Company, Roquette Frères, Cargill Inc., Agrana Group, Ingredion Incorporated, Roquette, Tate & Lyle plc, Grain Processing Corporation, Karo Syrup, New Zealand Starch Products Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Acid converted glucose syrup market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.