Acid Converted Glucose Syrup Market

Acid Converted Glucose Syrup Market Size Survey Report – In a Glance

As per the survey report on global Acid converted glucose syrup market, the market is projected to foresee a CAGR of 4.5% between 2024-2033, and further generate a market size of USD 75 billion by the end of 2033. In the year 2023, the market size was valued at USD 50 billion.

• The global Acid converted glucose syrup market is projected to grow on account of the increasing demand for convenience foods.
• In Japan, the Acid converted glucose syrup market growth can be attributed to the increasing demand for food industry.
• KDMI analyst’s growth analysis foresees price fluctuation of sugar to challenge the market growth.
• The Asia Pacific Acid converted glucose syrup market is projected to dominate the global market.

Acid Converted Glucose Syrup Market Analysis

Acid-converted glucose syrup usually produced via enzymatic hydrolysis of starch, undergoes process where starch molecules are broken down into simpler sugar like glucose. The conversion typically involved the use of acid catalysts, which accelerate the breakdown reaction. As a result, the complex polysaccharides molecules in starch are split into shorter chains and eventually into individual glucose molecule. This process yields a syrup with high concentration of glucose, making it adaptable ingredient in food and beverages production. Acid-converted glucose syrup finds applications in various industries such as confectionery, baking, and brewing, where its sweetness, viscosity and moisture-retaining properties produce texture, flavor, and shelf life. Convenience foods are described by ease of preparation and consumption are being increasingly preferred due to changing lifestyle, busy schedules and urbanization. They serve as a key ingredient in many food products, such as ready-to-eat meals, snacks, and beverages. The global ready-to-eat market is attributed to witness substantial growth at a CAGR of 7.6 % during the forecast period. The rising trend of demand for convenience food in the market is driving the acid converted glucose market. Daniels Midland, Ingredion Roquette and Tate & Lyle Grain Processing Corporation are some of the significant parties in the global market for Acid converted glucose syrup.

Analyst’s Observation on Japan Acid Converted Glucose Syrup Market Survey

Japan is known for its variety in food due to its deeply rooted culture and tradition regarding quality and presentation of food. In Japan, the growth of acid converted sugar syrup market is due to the increasing demand of sugar alternatives in food industries. The demand is rising due to changing consumer preferences, evolving dietary habits, and growing concern towards health. As the food industry of Japan continues to grow at a rate of 8.65% every year, the demand for acid-converted glucose syrup market also increases as it a key ingredient in many foods and beverage manufacturing industry nowadays. It serves as a crucial component due to its versatile properties such as sweetening, texturizing, and preservation. Sakura GlucoTech Co., Ltd., Rising Sun Syrup Industries, and Fuji Acidic Sweeteners are some of the significant parties in the market for Acid converted glucose syrup in Japan.

Acid Converted Glucose Syrup Market Growth Drivers and Challenges

Expansion of beverage industry to drive market growth:

The expansion of beverage industry serves as a potential growth driver as consumers are increasingly seeking for diverse and innovative beverage options. Manufacturers have started using acid-converted glucose syrup due to its versatile function. This syrup enhances the formulation of beverages by providing sweetness, texture and stability to the drink, crucial for manufacturing of juices, soft drink, energy drinks and flavored water. As the beverage market continues to grow by experimenting and producing new flavors and formulation, the demand for acid-converted glucose syrup market also increases.

Increasing health concern to limit market growth:

As consumers are becoming more aware and health conscious, they try to reduce intake of processed sugar, including glucose syrup. The association of high sugar consumption with health issues such as obesity, diabetes and dental problems results in opt for healthier alternatives by consumers which affect the growth of the market.

Acid Converted Glucose Syrup Market Segmentation

Our experts at KD Market Insights have segmented the global Acid converted glucose syrup market research report as:

Acid Converted Glucose Syrup Market Regional Synopsis

The Asia Pacific Acid converted glucose syrup market is majorly driven by rising need for sugar alternatives. As health concerns of consumers regarding excess sugar consumption rises, they try to seek healthier option. As the syrup serves as a viable option, due to its low sweetness and versatility, its demand in various food and beverage industry has increased rapidly. China market dominates the graph as it achieves a market value of USD 6.75 Billion by 2033 making the Asia Pacific region a global dominator of the market. Thus, the rising need of alternative sugar option, its cost effectiveness and increasing health consciousness serves as growth factor of the market.

As per our analysts at KD Market Insights, the following five players lead the Asia Pacific Acid converted glucose syrup market growth:

• Dragon Sweeteners Co., Ltd.
• Lotus GlucoChemicals
• Tiger Syrup Manufacturing
• Phoenix Acidic Sweeteners
• Bamboo Glucose Industries

Acid Converted Glucose Syrup Market Competitive Landscape

Some of the key players who top the global Acid converted glucose syrup market share:

• Cargill
•  Archer
•  Daniels Midland
•  Ingredion Roquette
•  Tate & Lyle Grain Processing Corporation
•  Global Sweeteners Holdings Limited
•  Tereos
•  Raj Process Equipments and Systems Pvt. Ltd.
• China National Cereals, Oils and Foodstuffs Corporation (COFCO)
• Shijiazhuang Huachen Starch Sugar Production Co., Ltd.
•  Shandong Longlive Bio-Technology Co., Ltd.
•  Shandong Tianli Pharmaceutical Co., Ltd.

Acid Converted Glucose Syrup Market Recent Developments

• Raízen, and ASR Group, being the world's largest sugar exporting company and the world's largest refiner and marketer of cane sugar, announced a partnership that sets the standard for sustainable raw cane sugar supply chains globally.
• Al Khaleej Sugar announced the construction of a new sugar factory in Merida, Spain. This expands the company's operations beyond the Middle East and North Africa, as it seeks to enter the sugar-beet processing industry.