Glucose Syrup Global Market Report 2025

The glucose syrup market size has grown strongly in recent years. It will grow from $3.95 billion in 2024 to $4.17 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to a shift towards low-calorie sweeteners, urbanization and changing lifestyles, the growth and expansion of the food and beverage industry, rising consumer consciousness towards high-quality and nutritional food products, and surging demand for dextrose and maltodextrin.

The glucose syrup market size is expected to see strong growth in the next few years. It will grow to " $5.23 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rising demand for convenience foods, increased use of glucose syrup in baked goods, rising cosmetics demand, increased awareness of benefits of wearing cosmetics, and growing use of glucose syrup. Major trends in the forecast period include innovation in production techniques, adoption in diverse applications, innovations in packaging and processing, microencapsulations, and enzymatic hydrolysis.

The forecast of 5.8% growth over the next five years reflects a modest reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US by increasing costs for high-fructose syrup imports from Thailand, affecting processed food production.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The increasing demand for baked goods is expected to drive the growth of the glucose syrup market. Baked goods include food items made from dough or batter that are cooked by baking, such as bread, cakes, cookies, pastries, and pies. This demand is being fueled by consumer preferences for convenience, rising disposable incomes, and the expansion of the bakery industry. Glucose syrup is commonly used in baked products to improve sweetness, retain moisture, and enhance texture by preventing crystallization. For example, Agriculture and Agri-Food Canada reported that in November 2022, the US baked goods retail sector generated $82.9 billion in sales, with an anticipated annual growth rate of 3.1%, reaching $97.7 billion by 2026. As a result, the growing demand for baked goods is contributing to the expansion of the glucose syrup market.

Major companies in the glucose syrup market are making strategic investments, such as developing corn syrup refineries to increase production capacity. The refining process involves extracting glucose syrup from corn starch through enzymatic conversion, followed by purification to eliminate impurities and achieve the desired sweetness and consistency. For example, in August 2022, US-based food corporation Cargill announced an investment of over $50 million in building a sustainable corn syrup plant. This investment is part of Cargill's broader commitment to sustainability, with the aim of improving the environmental impact of its production processes while meeting the growing demand for eco-friendly food ingredients. The new facility is expected to implement advanced technologies and practices to reduce its carbon footprint and resource consumption, positioning Cargill as a leader in sustainable food manufacturing.

In December 2024, Agrana, an Austria-based food company, joined forces with Ingredion Incorporated to enhance starch production in Romania. This partnership aims to combine the strengths of both companies in the starch industry, especially as consumer demand for specialty starches increases due to a growing preference for healthier and more sustainable food options. Ingredion Incorporated, a US-based provider of ingredient solutions, supplies high-quality glucose syrup to improve sweetness, texture, and shelf life in food and beverage products.

Glucose syrup is a concentrated water-based solution containing glucose, maltose, and other polysaccharides obtained through starch hydrolysis. It is used as a sweetener, thickener, and moisture-retaining agent in food and pharmaceutical products. The composition and viscosity depend on the extent of starch conversion during processing.

The primary types of glucose syrup are liquid and granular. Liquid glucose syrup is a sweet, viscous solution produced by hydrolyzing starch, primarily used in the food and beverage industries as a sweetener, thickener, and humectant. It is classified into various grades, including food, pharmaceutical, and industrial, and is sourced from starches such as corn, wheat, barley, potatoes, rice, cassava, and others. The syrup is widely applied in food, beverages, confectionery, pharmaceuticals, and other industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid implementation of U.S. tariffs and the resulting trade tensions in spring 2025 are having a notable impact on the food and beverage sector. Rising costs for imported ingredients such as olive oil, cheese, and tropical fruits are pressuring food manufacturers to either reformulate their products or absorb reduced profit margins. Beverage producers are similarly affected, with tariffs on aluminum cans driving up packaging costs. Meanwhile, retaliatory tariffs on U.S. agricultural exports like soybeans and pork are disrupting farm-to-processor supply chains. In response, companies are adjusting recipes, increasing local sourcing, and using commodity hedging strategies to manage price volatility.

The glucose syrup market research report is one of a series of new reports that provides glucose syrup market statistics, including the glucose syrup industry global market size, regional shares, competitors with the glucose syrup market share, detailed glucose syrup market segments, market trends, and opportunities, and any further data you may need to thrive in the glucose syrup industry. This glucose syrup market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Major players in the glucose syrup market are Cargill Incorporated, Archer Daniels Midland Company (ADM), Südzucker AG, Ingredion Incorporated, Dr. Oetker, Tereos SCA, Roquette Frères, Agrana Group, Tate & Lyle PLC, Avebe U.A., Luzhou Food, Grain Processing Corporation, Beneo GmbH, Gulshan Polyols Ltd., Sweetener Products Company, Emsland-Stärke GmbH, Ragus Sugars Ltd, Hefei TNJ Chemical Industry Co. Ltd., Matsutani Chemical Industry Co. Ltd., and Bakers Kitchen.

North America was the largest region in the glucose syrup market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in glucose syrup report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the glucose syrup market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The glucose syrup market consists of sales of candies, caramels, gummies, cakes, beverages, ice creams, desserts, and processed foods. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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