Corn Syrup Solids market was worth at US$ xx million in 2018 and is expected to garner US$ xx million till 2023, budding at a Compound Annual Growth Rate of around xx.x% between forecast period 2018-2023. Corn syrup is made from the starch of corn that contains various amounts of maltose and oligosaccharides which depends on the grade. In confectioners, it is also known as glucose syrup due to its use in food to soften texture, improve flavor and prevent sugar crystallization. It is also employed to retain moisture, as thickener and sweetener in commercially prepared foods. Corn syrup solids are prepared from the liquid corn syrup through a process that removes 97% of the water from the liquid. In some areas, it is mistaken for high-fructose corn syrup that is made from corn syrup by converting glucose into fructose using an enzyme.
Market drivers and restraints:
Factors like high demand for confectionery foods, high investments in the government organizations and private companies in the food business, new product innovation and technology development in the food and beverages, increase in coffeehouses and restaurants in the developing countries, rise in disposable income, favorable government policies in the food industry, changing lifestyles and rising people awareness about food ingredients are driving the world corn syrup solids market.
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Report segmented as:
- Corn syrup solids
- Corn syrup solid maltodextrin
- Low-calorie corn syrup solid
- Personal use
- Convenience stores
On the basis of geography, the global corn syrups solids market is segmented into regions namely North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. North America has the biggest share in terms of revenue owing to the high demand for confectionery foods in this area, growing attention towards improving food taste and the presence of large companies in this region.
Important market players:
The key players operating in the global corn syrups solid market are The Sausage Maker(US), Great American Spice Co.(US), Agrana(Austria), Ingredion Mexico S.A. De C.V.(Mexico), Grain Processing Corporation(US), Shan Dong Tian Jiao Biotech Co.,Ltd(China), Henan Feitian Agricultural Development Stock Co., Ltd.(China), Shandong Tianjiu Bio-Tech Co., Ltd.(China).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for a better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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