Global Corn Sweetener Market Overview:
Corn sweetener is syrup which is also called as High Fructose Corn Syrup (HFCS), it is a sweetener made from corn starch (Maize).Corn Sweeteners also known as corn syrup or glucose syrup used in confectioners, in foods to soften texture, add volume, prevent crystallization of sugar, and enhance flavour cookies, catsups, cereals, flavoured yogurts, ice cream, preserved meats, canned fruits and vegetables, soups, beers, and many more. It is used for different recipes like sweetened juices, processed desserts, packaged fruits, crackers, Condiments and salad dressings, Granola and nutrition bars, Peanut and other nut butters, some bread and wheat.As the taste buds of upcoming generation is more open for fast food and processed food there is high demand of different syrups, sauces and sweeteners. Some of the key players profiled in the study are Archer Daniel Midland Company (United States), Cargill (United States), Ingredion (United States), Tate & Lyle (United Kingdom), Global Sweeteners Holdings Limited (China), Karo syrup (United States), Bakersville (India), Raab vital food (Germany), ACH foods (United States) and Conagra Brands (United States).
On the basis of geography, the market of Corn Sweetener has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fructose %, the sub-segment i.e. HFCS 42 (soft drinks) will boost the Corn Sweetener market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Bakery will boost the Corn Sweetener market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Highly used in Providing Texture, Browning, Stability, Consistency, Baking
- Easily Available in Market
- Growing Use as Alternative To Sugar Syrup
- Rising use in Many Food Products Due To High Fructose Level
- Problems like Tooth Decay, And Metabolic Syndrome can Occur When A Person Consumes It In Large Quantities
- Can Caused Obesity And Weight Gain
- Increasing Demand For Fast Food Due To Hectic Lifestyle
- Processed Food Are On High Demand
- Highly Banned in some countries due to negative effects
- Increasing Risk Of Type 2 Diabetes
Major Market Developments:
In January 2019 With Completion of Neovia Acquisition, ADM Creates Premier Global Leader in Animal Nutrition. Combined animal nutrition business one of the largest in the world, with estimated sales of USD 3.5 billion, and full range of animal nutrition products and solutions for customers globally. Archer Daniels Midland Company (ADM) announced that it has successfully completed its USD 1.544 billion acquisition of Neovia, creating a global leader in value-added products and solutions for both production and companion animals. The addition of Neovia represents a major milestone in the execution of our strategic plan to become a global leader in nutrition. This acquisition was their largest since WILD Flavors in 2014 instantly creates a premier global leader in animal nutrition, while simultaneously providing a strong platform for future growth.
ADM expands solutions capabilities with additional of cutting Edge botanical provider. It announced that it has acquired Yerbalatina Phytoactives, a pioneering natural plant-based extracts and ingredients manufacturer. ADM is a global leader in nutrition, and we are proud to be at the cutting edge of many of today’s trends, including those toward fortified foods, beverages and supplements that enhance health and come from natural sources. ADM’s Health & Wellness business in Yerbalatina’s wide array of natural botanical extracts including organic-certified ingredients combined with their R&D capabilities and market expertise, are exciting additions to their pantry continue to build leadership position in science-based microbiome solutions for human and animal health.
The FDA classifies high-fructose corn syrup, sucrose, and other sugars as "generally recognized as safe," or “GRAS" in agency parlance. To be GRAS, there must be a scientific consensus that the ingredient is safe at the levels consumed. After so many queries related corn sweetener the US FDA given green signal to corn sweeteners but kept condition for restricted usage.
The change in taste buds of the new generation with fast food and processed food there is high demand of different syrups and sweeteners such as corn and many more in market. The companies are trying more new products and unique taste is key for taking over market the competition is rising due to variety of products are available in market which may convince the companies to merger and acquire the firms.
Food manufacturing company, Wholesalers/Suppliers/Retailers, Food delivering Apps, Government sectors and Research centers
Major Objectives Focused through this Study
To define, describe, and forecast the Global Corn Sweetener market on the basis of product [Light corn sweetener and Dark corn sweetener] , application [Food and Beverages, Processed food, Flavoring agent and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Corn Sweetener market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Corn Sweetener industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are CK products (United States, Peotraco Food Incorporated (Philippines), Bakewala (India) and Baker’s corner (Kenya).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Corn Sweetener market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.