High-fructose corn syrup is a sweetener made from cornflour. In which some amount of glucose is converted to fructose. The high-fructose corn syrup market has high growth prospects owing to increasing adoption as an alternative for the sugar. Moreover, a wide range of applications of high-fructose corn syrup and rising demand from the developing economies expected to boost the market demand over the forecasted period.According to AMA, the market for High Fructose Corn Syrup is expected to register a CAGR of 4.62% during the forecast period to 2024. This growth is primarily driven by Changing Food Habits and Growing Health Concerns among Consumers and Growing Demand for Sweeteners in the Food and Beverage Industry.
Globally, a noticeable market trend is evident Increasing Adoption as Alternative of Honey and Sugar in Food Preparations. Major Vendors, such as Archer Daniels Midland Company (United States), Cargill (United States), Ingredion (United States), Tate & Lyle (United Kingdom) and Global Sweeteners Holdings Limited (Hong Kong) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
“According to the Food and Drug Administration (FDA), the most common forms of HFCS contain either 42 percent or 55 percent fructose, as described in the Code of Federal Regulations (21 CFR 184.1866), and these are referred to in the industry as HFCS 42 and HFCS 55. The rest of the HFCS is glucose and water. HFCS 42 is mainly used in processed foods, cereals, baked goods, and some beverages. HFCS 55 is used primarily in soft drinks.”
- Changing Food Habits and Growing Health Concerns among Consumers
- Growing Demand for Sweeteners in the Food and Beverage Industry
- Increasing Adoption as Alternative of Honey and Sugar in Food Preparations
- Stringent Government Regulations for High Fructose Corn Syrup
- Side Effects on Health with Excess Consumption
Increasing Demand from the Food and Beverage Industry and Rising Demand from the Developing Economies
Lack of Awareness in the Emerging Economies
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