North America Glucose Market Size & Outlook, 2023-2030
North America Glucose Market, 2018-2030 (US$M)
Global Market
Related Markets
North America glucose market highlights
- The North America glucose market generated a revenue of USD 5,668.8 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, syrup was the largest revenue generating form in 2023.
- Syrup is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,668.8 million |
| Market revenue in 2030 | USD 7,791.7 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Syrup |
| Fastest growing segment | Syrup |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Syrup, Solid |
| Key market players worldwide | Archer-Daniels Midland Co, Ingredion Inc, Tate & Lyle PLC, Cargill, Grain Processing Corporation, Agrana, Global Sweeteners Holdings, Roquette America, Tereos, Fooding |
Other key industry trends
- In terms of revenue, North America region accounted for 11.5% of the global glucose market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,770.1 million by 2030.
North America glucose market is majorly driven by the rising product application in food & beverage industry. Glucose is added as a sweetening agent, thickener, and humectant in confectioneries, beverages, and dairy products.
The growth of end-use industries for glucose in the region is expected to drive the market. On the other hand, rising prevalence of obesity and diabetes, which is associated with blood glucose levels, is expected to hamper the consumption of sweetened products.
As per International Diabetes Federation (IDF), people in the age group of 20-79 years having diabetes in the IDF’s study region North America and the Caribbean (including the U.S., Canada, Mexico, and 21 Caribbean countries) were 37,362 thousand in 2010, which increased to 47,610 thousand in 2019.
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Glucose Market Scope
Glucose Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Tate & Lyle PLC | View profile | 4,591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | www.tateandlyle.com |
| Ingredion Inc | View profile | 11,600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | www.ingredion.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| Grain Processing Corporation | View profile | 1001-5000 | Muscatine, Iowa, United States, North America | www.grainprocessing.com/ |
| Roquette America | View profile | 5001-10000 | Gurnee, Illinois, United States, North America | www.roquette.com/ |
| Agrana | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.agrana.com |
| Global Sweeteners Holdings | View profile | 101-250 | Kowloon City, Kowloon, Hong Kong, Asia | www.global-sweeteners.com |
| Tereos | View profile | 101-250 | Origny-sainte-benoîte, Picardie, France, Europe | tereos.com/en |
| Fooding | View profile | 51-100 | Shanghai, Shanghai, China, Asia | www.chinafooding.com |
North America Glucose Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Glucose Market Outlook will help companies and investors design strategic landscapes.
Syrup was the largest segment with a revenue share of 71.88% in 2023.
Horizon Databook has segmented the North America glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
North America glucose market is majorly driven by the rising product application in food & beverage industry. Glucose is added as a sweetening agent, thickener, and humectant in confectioneries, beverages, and dairy products.
The growth of end-use industries for glucose in the region is expected to drive the market. On the other hand, rising prevalence of obesity and diabetes, which is associated with blood glucose levels, is expected to hamper the consumption of sweetened products.
As per International Diabetes Federation (IDF), people in the age group of 20-79 years having diabetes in the IDF’s study region North America and the Caribbean (including the U.S., Canada, Mexico, and 21 Caribbean countries) were 37,362 thousand in 2010, which increased to 47,610 thousand in 2019.
- North America Glucose Market Form Outlook (Revenue, USD Million , 2018-2030)
- Syrup
- Solid
- North America Glucose Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food & Beverages
- Pharmaceutical
- Cosmetic & Personal Care
- Pulp & Paper
- Other Applications
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Target buyers of Glucose Market Outlook databook
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Glucose Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Glucose Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Glucose Market, 2018-2030 (US$M)
North America glucose market statistics, by form, 2018-2030 (Kilo Tons)
