Glucose Market Size, Share & Trends Analysis Report, 2020-2028
The global glucose market size was estimated at USD 42.9 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2020 to 2028. The increasing demand for confectionery, soft drinks, and bakery products in the food and beverage sector—where glucose (dextrose) is widely used—is a key factor driving market expansion. Glucose plays a multifunctional role across various industries such as food and beverages, pharmaceuticals, cosmetics, personal care, and pulp and paper. It serves as a flavor enhancer, stabilizer, texture enhancer, humectant, adjunct, preservative, and coating and bulking agent, with one of its key properties being its ability to prevent sugar crystallization in confectionery products. In the U.S., glucose syrup accounted for the largest revenue share in 2020. Due to the abundance of corn, corn starch is the primary source of glucose production in the country. The FDA classifies corn syrup as safe under regulation 21CFR...