Market Overview:
The global starch syrup market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for confectionary products, beer brewing, bread-making industry, sauce making and soft drinks. In terms of type, liquid glucose is expected to lead the market during the forecast period owing to its properties such as high sweetness and low viscosity. In terms of application, confectionary products are projected to lead the market during the forecast period due to rising demand for chocolates and other sugar-based products across regions.
Product Definition:
A syrup made by dissolving cornstarch in cold water and then heating the mixture until it thickens. It is used as a sweetener, a stabilizer, and/or to add body to foods.
Liquid Glucose:
Liquid glucose is a type of sugar that has been processed from granular or powdered form through the extraction process. It is colorless in nature and can be easily substituted for white sugar in any food product.
Glucose:
Glucose is a type of carbohydrate that is found in many plants and animals. It plays an important role in the photosynthesis process, which involves the use of carbon dioxide and water to produce sugar. Glucose can be extracted from different sources such as corn, wheat, rice, or sugarcane.
Application Insights:
The confectionery products segment accounted for the largest market share of over 30% in 2017. The growing demand for various confectionery products, such as chocolates, caramels, toffee and brittles is expected to drive the global starch syrup industry during the forecast period. Furthermore, increasing consumption of non-alcoholic beverages is anticipated to augment industry growth over the coming years.
Beer brewing is one of the most important applications in terms of product demand owing to its use as a major source of carbonation and foam stabilizing ingredients.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product consumption in countries, such as China and India. In addition, rising disposable income levels and changing lifestyles are expected to drive demand for packaged food products in this region over the forecast period.
North America accounted for a significant share of global market revenue due to high consumer awareness regarding health benefits associated with starch syrup products coupled with growing demand from confectionery industry segment is likely contribute toward growth over the forecast period. Europe also has a prominent position in global market space on account of high consumption volume by beer brewing industry segment thereon which depends upon starch syrups as an essential ingredient for producing authentic tasting beer brews at reasonable costs within European region.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that are easy to prepare and consume. This is providing a major growth driver for the starch syrup market as it offers several benefits such as ease of use, longer shelf life, and better flavor stability.
- Rising awareness about the health benefits of starchy foods: There is a growing awareness among consumers about the health benefits of consuming starchy foods such as starch syrups. This is driving demand for products that contain starch syrups, thereby propelling the growth of the market.
- Growing popularity of low-carbohydrate diets: A large number of people are now following low-carbohydrate diets in order to lose weight or manage their diabetes symptoms effectively. This is leading to an increase in demand for products that do not contain high levels of carbohydrates, including those containing starch syrup derivatives such as maltodextrin and dextrose monohydrate.
Scope Of The Report
Report Attributes
Report Details
Report Title
Starch Syrup Market Research Report
By Type
Liquid Glucose, Glucose, Fructose Syrup, Maltose Syrup
By Application
Confectionary Products, Beer Brewing, Bread-Making Industry, Sauce Making, Soft Drinks
By Companies
Tate & Lyle, KASYAP, Aston, Cargill Inc., Tongaat Hulett Starch, Tereos, MANILDRA Group, Gulshan Polyols Ltd., Egyptian Starch and Glucose, Corn Products International, COFCO Rongshi Bio-technology, Global Sweeteners Holdings Limited, Luzhou Bio-chem Technology, Xiwang Sugar Holdings Company, Ingredion, Grain Processing Corporation, 9.18 Karo Syrups
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Starch Syrup Market Report Segments:
The global Starch Syrup market is segmented on the basis of:
Types
Liquid Glucose, Glucose, Fructose Syrup, Maltose Syrup
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Confectionary Products, Beer Brewing, Bread-Making Industry, Sauce Making, Soft Drinks
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tate & Lyle
- KASYAP
- Aston
- Cargill Inc.
- Tongaat Hulett Starch
- Tereos
- MANILDRA Group
- Gulshan Polyols Ltd.
- Egyptian Starch and Glucose
- Corn Products International
- COFCO Rongshi Bio-technology
- Global Sweeteners Holdings Limited
- Luzhou Bio-chem Technology
- Xiwang Sugar Holdings Company
- Ingredion
- Grain Processing Corporation
- 9.18 Karo Syrups
Highlights of The Starch Syrup Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Glucose
- Glucose
- Fructose Syrup
- Maltose Syrup
- By Application:
- Confectionary Products
- Beer Brewing
- Bread-Making Industry
- Sauce Making
- Soft Drinks
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Starch Syrup Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Starch syrup is a type of sweetener that is made from starch and water. It is most commonly used in baking, but can also be used as a general purpose sweetener.
Some of the major players in the starch syrup market are Tate & Lyle, KASYAP, Aston, Cargill Inc., Tongaat Hulett Starch, Tereos, MANILDRA Group, Gulshan Polyols Ltd., Egyptian Starch and Glucose, Corn Products International, COFCO Rongshi Bio-technology, Global Sweeteners Holdings Limited, Luzhou Bio-chem Technology, Xiwang Sugar Holdings Company, Ingredion, Grain Processing Corporation, 9.18 Karo Syrups.
The starch syrup market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Starch Syrup Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Starch Syrup Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Starch Syrup Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Starch Syrup Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Starch Syrup Market Size & Forecast, 2018-2028
4.5.1 Starch Syrup Market Size and Y-o-Y Growth
4.5.2 Starch Syrup Market Absolute $ Opportunity
Chapter 5 Global Starch Syrup Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Starch Syrup Market Size Forecast by Type
5.2.1 Liquid Glucose
5.2.2 Glucose
5.2.3 Fructose Syrup
5.2.4 Maltose Syrup
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Starch Syrup Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Starch Syrup Market Size Forecast by Applications
6.2.1 Confectionary Products
6.2.2 Beer Brewing
6.2.3 Bread-Making Industry
6.2.4 Sauce Making
6.2.5 Soft Drinks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Starch Syrup Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Starch Syrup Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Starch Syrup Analysis and Forecast
9.1 Introduction
9.2 North America Starch Syrup Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Starch Syrup Market Size Forecast by Type
9.6.1 Liquid Glucose
9.6.2 Glucose
9.6.3 Fructose Syrup
9.6.4 Maltose Syrup
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Starch Syrup Market Size Forecast by Applications
9.10.1 Confectionary Products
9.10.2 Beer Brewing
9.10.3 Bread-Making Industry
9.10.4 Sauce Making
9.10.5 Soft Drinks
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Starch Syrup Analysis and Forecast
10.1 Introduction
10.2 Europe Starch Syrup Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Starch Syrup Market Size Forecast by Type
10.6.1 Liquid Glucose
10.6.2 Glucose
10.6.3 Fructose Syrup
10.6.4 Maltose Syrup
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Starch Syrup Market Size Forecast by Applications
10.10.1 Confectionary Products
10.10.2 Beer Brewing
10.10.3 Bread-Making Industry
10.10.4 Sauce Making
10.10.5 Soft Drinks
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Starch Syrup Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Starch Syrup Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Starch Syrup Market Size Forecast by Type
11.6.1 Liquid Glucose
11.6.2 Glucose
11.6.3 Fructose Syrup
11.6.4 Maltose Syrup
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Starch Syrup Market Size Forecast by Applications
11.10.1 Confectionary Products
11.10.2 Beer Brewing
11.10.3 Bread-Making Industry
11.10.4 Sauce Making
11.10.5 Soft Drinks
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Starch Syrup Analysis and Forecast
12.1 Introduction
12.2 Latin America Starch Syrup Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Starch Syrup Market Size Forecast by Type
12.6.1 Liquid Glucose
12.6.2 Glucose
12.6.3 Fructose Syrup
12.6.4 Maltose Syrup
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Starch Syrup Market Size Forecast by Applications
12.10.1 Confectionary Products
12.10.2 Beer Brewing
12.10.3 Bread-Making Industry
12.10.4 Sauce Making
12.10.5 Soft Drinks
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Starch Syrup Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Starch Syrup Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Starch Syrup Market Size Forecast by Type
13.6.1 Liquid Glucose
13.6.2 Glucose
13.6.3 Fructose Syrup
13.6.4 Maltose Syrup
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Starch Syrup Market Size Forecast by Applications
13.10.1 Confectionary Products
13.10.2 Beer Brewing
13.10.3 Bread-Making Industry
13.10.4 Sauce Making
13.10.5 Soft Drinks
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Starch Syrup Market: Competitive Dashboard
14.2 Global Starch Syrup Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tate & Lyle
14.3.2 KASYAP
14.3.3 Aston
14.3.4 Cargill Inc.
14.3.5 Tongaat Hulett Starch
14.3.6 Tereos
14.3.7 MANILDRA Group
14.3.8 Gulshan Polyols Ltd.
14.3.9 Egyptian Starch and Glucose
14.3.10 Corn Products International
14.3.11 COFCO Rongshi Bio-technology
14.3.12 Global Sweeteners Holdings Limited
14.3.13 Luzhou Bio-chem Technology
14.3.14 Xiwang Sugar Holdings Company
14.3.15 Ingredion
14.3.16 Grain Processing Corporation
14.3.17 9.18 Karo Syrups
