Home > Food, Nutrition & Animal Feed > Industrial Glucose Market

Industrial Glucose Market Size - By Source (Corn, Wheat, Potato, Others), By Grade (Standard Purity, High Purity), By Form (Liquid, Granular), By Application (Food & Beverage, Pharmaceuticals, Industrial, Animal Feed, Others) & Forecast 2023 – 2032

  • Report ID: GMI6124
  • Published Date: Jun 2023
  • Report Format: PDF

Industrial Glucose Industry Analysis

Industrial Glucose Market size was valued at USD 40 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. The rising consumption of processed food items, beverages, confectioneries, and baked products will fuel the market demand. The product is employed in numerous pharmaceutical applications including the manufacture of oral suspensions, excipients, and syrups.

Industrial Glucose Market

To get more details on this report: Request Free Sample PDF

The high requirement for stable & easily digestible glucose sources in the pharmaceutical industry will contribute to the industrial glucose market size. It also acts as a humectant, moisturizer, and thickening agent, fueling its demand in the personal care & cosmetics industry. The livestock & poultry sector also creates a high demand for industrial glucose due to its extensive requirement for animal feed.

Diverse sectors, such as paper & pulp, textiles, and adhesives, and fermentation processes, exhibit a high industrial glucose demand. Its strong market demand stems from its versatility as an energy source, raw material, and process aid in these industries.

Agricultural crops, including corn, wheat, and tapioca, are the primary raw materials utilized in the manufacture of industrial glucose. High price fluctuations in raw material prices will substantially influence the manufacturing costs and profits earned by industrial glucose manufacturers. The presence of several manufacturers makes the global industrial glucose market highly competitive and dynamic. This extreme competition will severely impact the pricing and profit margins, making it difficult for companies to distinguish their products and retain market share.

A shift in customer inclination, market trends, and economic conditions will affect industrial glucose demand. Demand fluctuations will also create obstacles for manufacturers while considering production planning, inventory management, and market forecasting. The risks caused by industrial glucose may also reduce the adoption rates, further impeding market growth.

COVID-19 Impact

Lockdown orders, border closures, and diminished workforce in manufacturing facilities interrupted the manufacturing & distribution of industrial glucose. COVID-19 resulted in interim shutting and decreased operations in many industries, impacting the industrial glucose market revenue. Industries such as textile, paper & pulp, and construction that used industrial glucose as a raw material witnessed sporadic interruptions and lessened growth during COVID-19. The demand for food & beverage manufacturing, pharmaceuticals, and personal care products stayed constant and even surged at times.

The hospitality, restaurant, and confectionery sectors faced a major decline in demand, affecting market growth. Variations in raw material prices, currency exchange rates, and market dynamics also affected industrial glucose pricing. Manufacturers faced significant hurdles in managing cost and profitability due to uncertainties amidst the pandemic. However, the anticipated reduction in COVID-19 cases and enactments by government & non-government organizations are estimated to spur industry growth.

Industrial Glucose Market Trends

The rising adoption of processed food items & beverages and convenience foods will boost the demand for industrial glucose as a functional ingredient. The emerging consumer trend of opting for green & organic products is also driving the organic industrial glucose demand. Industrial glucose has varied industrial uses, functioning as an excipient in drug formulations in the pharmaceutical industry and as a functional ingredient in skincare, haircare & cosmetic products in the personal care industry.

Rapid industrial development, urbanization, and increasing disposable incomes in countries including China and India have led to increasing demand for food processing and pharmaceuticals & personal care products, fueling the market value. The increasing incidences of blood-related illnesses are also estimated to accelerate industry size.

Industrial Glucose Source Segmentation

Global Industrial Glucose Market Size, By Source

To get more details on this report: Request Free Sample PDF

The industrial glucose market size from corn segment dominated around USD 13 billion in 2022. The abundance & availability of corn as a raw material to produce glucose is primary factors for its high market share. It also offers cost-effectiveness and competitive pricing in comparison to alternate sources. Many regions across the globe have favorable agricultural conditions for corn farming, thereby enabling the provision of reliable & established supply chains for corn-based industrial glucose. Tapioca and rice are the other industrial glucose sources that have specific demand drivers, depending on their regional availability, cost, and definite application requirements.

Industrial Glucose Grade Segmentation

 Global Industrial Glucose Market Revenue Share, By Grade

To get more details on this report: Request Free Sample PDF

Industrial Glucose Form Segmentation

The industrial glucose market from liquid segment is projected to record 6.6% CAGR through 2032. The ready-to-use liquid glucose is widely used in applications where consistency is required. Food and beverage industries generally employ liquid industrial glucose as a sweetener, thickener, or stabilizer due to its versatility. The other industries that use this product form are pharmaceuticals, cosmetics, and other industries. The utilization of liquid industrial glucose in diagnostic laboratories will also spur business growth.

Industrial Glucose Application Segmentation

Based on application, the industrial glucose market is bifurcated into food & beverage, pharmaceuticals, industrial, animal feed, and others. The food & beverage segment accounted for a major market share in 2022. The desire to balance taste, fondness for sweetening agents, and affinity for organic ingredients & sustainable manufacturing processes are major factors that will drive product demand.

Expansion in the pharmaceutical industry & industrial fermentation applications, advancements in medicinal formulations & biotechnology, and the requirement for superior excipients will also drive market growth. These drivers will vary in each application segment based on industry trends, consumer preferences, regulatory requirements, product innovations, and the overall financial ecosystem.

Industrial Glucose Regional Analysis

U.S. Industrial Glucose Market Revenue,

The U.S. industrial glucose market was reached USD 12 billion revenue in 2022. The North American food & beverage sector is a major customer of industrial glucose. The expanding population, shifting customer inclination toward sweeteners & flavor enhancers, and the expansion of new food & beverage products will spur market momentum.

The North America pharmaceutical industry is the chief purchaser of industrial glucose as it can be used as an excipient in medications. The increasing occurrence of chronic diseases, the growing elderly population, innovations in drug development, and the need for superior pharmaceutical products are major factors that will affect product demand.

Industrial Glucose Industry Leaders

Major companies operating in the industrial glucose market are Archer Daniels Midland Company (ADM), Ingredion Incorporate, AGRANA Beteiligungs-AG, Tate & Lyle PLC, Cargill, Incorporated, Roquette Frères, Grain Processing Corporation, Tereos S.A., Fooding Group Limited, and Global Sweeteners Holdings Limited. These companies focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, these companies are making substantial investments in research & development to launch advanced products and gain maximum revenue in the market.

Industrial Glucose Industry News

  • In March 2023, ADM launched reduced sugar glucose syrup (RSGS) which replacement for traditional glucose syrups and gives the functionality needed with minimal formulation or manufacturing changes.

This industrial glucose market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue and volume (USD Million & Tons) from 2018 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Source

  • Corn
  • Wheat
  • Potato
  • Others

Market, By Grade

  • Standard Purity
  • High Purity

Market, By Form

  • Liquid
  • Granular

Market, By Application

  • Foods & Beverages
  • Pharmaceuticals
  • Industrial
  • Animal Feed
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Poland
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Philippines
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of industrial glucose was surpassed USD 40 billion in 2022 and will reach USD 75 billion by 2032, owing to the rising consumption of processed food items, beverages, confectioneries, and baked products.

The standard purity segment accounted for around 55% market share in 2022 and is anticipated to grow at a rapid pace by 2032, owing to the cost-effectiveness of the product.

The U.S. market was worth USD 12 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032, backed by expanding population, shifting customer inclination toward sweeteners & flavor enhancers, and the introduction of new food & beverage products.

Some of the key organizations in the market are Archer Daniels Midland Company (ADM), Ingredion Incorporate, AGRANA Beteiligungs-AG, Tate & Lyle PLC, Cargill, Incorporated, Roquette Frères, Grain Processing Corporation, Tereos S.A., Fooding Group Limited, and Global Sweeteners Holdings Limited.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 217
  • Countries covered: 21
  • Pages: 180
Inquiry Before Buying

Budget constraints? Get in touch with us for special pricing

Request Discount