Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Glucose syrup is a sweetening agent majorly used by people all over the world. Glucose Syrup is processed from starch originating foods such as maize, potato, wheat and many more. The process to produce glucose syrup has multiple processes, acid conversion is one of them. The traditional glucose syrups were manufactured by acid hydrolysis of corn starch at high temperature and pressure which has major applications in confectionary food items. It involves mixing of small amount of acid with the starch slurry and allowing the starch to break down in an easier and cheaper way but it is more difficult to control. The sugar syrups are manufactured in a wide range of applications, enabling them to be used in many different foods. The acid converted syrups produced include a high-sugar fermentable syrup that is also used in alcohol production, brewing, vinegar manufacture and yeast manufacture. Moreover more viscous syrups are unlikely to crystallize, so, they are used in ice cream and fruit canning purposes. Furthermore the availability of lower converted glucose syrup has low sweetness and is of value as nutritional source in soups and beverages.
Acid converted syrup finds its application in the pharmaceutical and confectionery industries for sweetening and medications. This type of product is now manufactured extensively using a continuous process. These wide spread application and cost effective factors are anticipated to impel the growth of acid converted glucose syrup market during the forecast period.
The enlarged market of acid converted glucose syrup is driven by the glucose consumption all around the globe. The United States has been recorded to consume around 19.5 teaspoons or 82 grams (g) of sugar per day which is over double the amount recommended by the American Heart Association (AHA). As per our preliminary study, the global acid converted glucose market is likely to attain a CAGR of around 3% between 2019 and 2027.
On the basis of regional platform, global acid converted glucose syrup market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Glucose syrup is a sweetening liquid which is produced after the acid hydrolysis of starch obtained generally from corn, wheat and potato. Glucose syrups are used for making frozen desserts and candies or other confectionary items. These acid converted syrups are also used to make baked food items to add sweetness. Acid converted glucose syrups are generally free from fat but contains high amount of calories.
Asia-Pacific holds a major chunk in the revenue of global acid converted glucose syrups due to higher consumption rate in China and India. North America is expected to generate substantial revenue in the next few years due to rising consumption of baked foods. CLICK TO DOWNLOAD SAMPLE REPORT
Our-in depth analysis of the global Acid converted glucose syrup market includes the following segments:
Glucose syrup made from cornstarch, potato and wheat starch contains a small amount of zinc and calcium. The acid converted glucose syrups are used in fermentation of beer. As an energy source, acid converted glucose syrup supports yeast, applied highly in the brewery industry. Thus, growing brewery industry is expected to support the growth of acid converted glucose syrup market during the forecast period.
Moreover, the glucose syrup is highly preferred in kitchen as it does not alter the appearance and presentation of the product but improves moisture retention capacity which keeps the baked food fresh. Uses of acid converted glucose syrups have also increased in the preparing confectionary items, candies and other beverages. Acid converted glucose syrup provides appearance enhancing factor such as adding shine to fruit tart and jams, hence the use in the food industry has contributed majorly in the acid converted glucose syrup market.
However, reviews regarding increasing health concerns of consumers related to consumption of unhealthy syrups has influenced the global glucose consumption to deteriorate by 2% in 2018. It is free of fat but adds to calories. Foods which contains glucose syrup make people feel hungry every time even when full appetite, hence people tends to gain weight in a shorter span of time. The body secrete out insulin and this increased rate of secretion leads to many diseases such as diabetes. These health concerns are anticipated to hinder the market growth further over the forecast period.
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