Published Date: 5-Feb-2021
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According to a new report Global Fructose Market, published by KBV research, The Global Fructose Market size is expected to reach $6.1 billion by 2026, rising at a market growth of 8.2% CAGR during the forecast period.
The fructose syrups segment is expected to witness the high CAGR during the forecast period. The massive growth rate is encouraged by the capacity of fructose syrups to mix with other ingredients. Fructose solids are mainly extracted from corn starch and are utilized in dry-mix beverages, flavored water, low-calorie products, carbonated products, energy drinks, baked goods, chocolate milk, fruit packs, and breakfast cereals. Fructose solids assist in regulating the required moistness and tender textures of bakery items for a long period of time.
Beverage application segment procured a significant revenue share of the fructose market in 2019. The product is utilized as a calorie sweetener in beverages like sods, soft drinks, juices, coffee creamer, and energy & sports drinks. The increasing consumption of soft drinks in emerging countries is impacting the market growth positively.
The increasing geriatric population, which is vulnerable to chronic diseases is a major restraint in Europe Market. Moreover, increasing health awareness among the regional consumers will restrict the consumption of sweet foods and beverages, thus influencing the market growth positively. The Asia Pacific is anticipated to be the highest growing regional market during the forecast period. This is owing to the increasingly thriving beverage industry in China and India. Additionally, the increasing population along with changing consumer lifestyle, which demands food items, like packaged juices, candies, and chocolates, will boost the growth of the industry.
Full Report: https://www.kbvresearch.com/fructose-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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