Asia Pacific Fructose Market By Product (High Fructose Corn Syrup, Fructose Syrups and Fructose Solids), By Application (Beverage, Processed Foods, Dairy Products, Bakery & Cereals, Confectionary and Other Applications), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Asia Pacific Fructose Market would witness market growth of 9.5% CAGR during the forecast period (2020-2026). The increasing demand for low-calorie sweeteners due to increasing consumer awareness with respect to the harmful effects of white sugar is likely to increase the industry growth. The market has been observing gradual growth with the changing consumer dietary habits and rising rates of health problems like obesity and diabetes.
The authorization from the various food quality control agencies across the globe for the inclusion of fructose in processed foods will impact the industry growth positively. Fructose offers various beneficial physical and functional properties to foods and beverages that include sweeteners, flavor improvement, color, freezing-point depression, osmotic stability, and sometimes it also plays role of a humectant. The application of fructose not only enhances the texture of foods but also helps in decreasing the adverse effects of direct sugar consumption.
Industry players are aiming at small and medium-size food processing organizations as the demand for local items has observed high growth in the last few years. These market strategies are helping the organizations to capture access to regional markets and provide them new growth opportunities. The market participants are targeting emerging markets such as India, Thailand, and Indonesia to take full advantage of the increasing demand for sweeteners in these countries.
Based on Product, the market is segmented into High Fructose Corn Syrup, Fructose Syrups and Fructose Solids. Based on Application, the market is segmented into Beverage, Processed Foods, Dairy Products, Bakery & Cereals, Confectionary and Other Applications. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Cargill Corporation, DuPont de Nemours, Inc., Ingredion, Incorporated, Tate & Lyle PLC, Shijazhuang Huaxu Pharmaceuticals Co. Ltd., Dulcette Technologies LLC (Viachem, Inc.), Bell Chem Corp., Atlantic Chemicals Trading GmbH, and Galam Ltd.
Scope of the Study
Market Segments Covered in the Report:
- High Fructose Corn Syrup
- Fructose Syrups
- Fructose Solids
- Processed Foods
- Dairy Products
- Bakery & Cereals
- Other Applications
- South Korea
- Rest of Asia Pacific
- Archer Daniels Midland Company
- Cargill Corporation
- DuPont de Nemours, Inc.
- Ingredion, Incorporated
- Tate & Lyle PLC
- Shijazhuang Huaxu Pharmaceuticals Co. Ltd.
- Dulcette Technologies LLC (Viachem, Inc.)
- Bell Chem Corp.
- Atlantic Chemicals Trading GmbH
- Galam Ltd.
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