Use
of high fructose corn syrup as an alternative to sucrose is the
primary factor driving the growth of the global high fructose corn
syrup market, states Transparency Market Research (TMR) in a new
research report. The report is titled, “High Fructose Corn Syrup
(HFCS) Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 – 2024.”
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exclusive Global strategic Business report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10766
The
report presents an in-depth analysis of the growth trajectory of the
global high fructose corn syrup market along with the prevalent
trends. It assesses the key elements at play in the market and the
dynamics that are likely to drive or hinder the growth of the market
in the forecast period. The study also presents the estimated volume
and revenue growth of the global high fructose corn syrup market.
The
report explores the various strategies implemented by key market
players along with their shares and description of products, and
services. It presents a comprehensive overview of the competitive
landscape of the global HFCS market by utilizing Porter’s five
forces analysis. It also provides information on the degree of
barriers to entry and exit. According to the report, high fructose
corn syrup holds a share of approximately 9% in the global market for
sweeteners.
The
report states that in terms of metabolism and composition, high
fructose corn syrup does not vary much from other types of sweeteners
of fructose glucose such as fruit juice concentrates, sucrose, and
honey. Generally, high fructose corn syrup constitutes fructose
levels ranging between 42% and 55%. HFCS exhibits high stability,
ensures easy handling and transport, and renders better miscibility
as compared to granulated sucrose. As a result of this, its
application is significantly high in beverages of acidic nature.
It
is expected that fructose will take over glucose as a sweetener in
the next couple of years as it is cost-effective and sweeter in
comparison to glucose. As a result of these attributes, the demand
for high
fructose corn syrup is expected to intensify over the forthcoming
years. However, as the amount of calories present in fructose is no
less than that in sugar, its consumption might decrease among the
health conscious consumer base. Moreover, the occurrence of obesity
due to excessive consumption of fructose is anticipated to inhibit
the growth of the market.
In terms of application, the global HFCS market is categorized into food and beverages and pharmaceuticals. In terms of geography, the market is segmented into Western and Eastern Europe, Middle East and Africa, North America, Japan, Latin America, Japan, and Asia Pacific excluding Japan. Some of the leading companies operating in the market are Tate & Lyle, INGREDION INCORPORATED, Archer Daniels Midland Company, and Cargill Inc.
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