Saudi Arabia Glucose Market Size & Outlook, 2023-2030
Saudi Arabia Glucose Market, 2018-2030 (US$M)
Global Market
Related Markets
Saudi Arabia glucose market highlights
- The Saudi Arabia glucose market generated a revenue of USD 2,299.1 million in 2023 and is expected to reach USD 3,383.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.7% 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.
Glucose market data book summary
| Market revenue in 2023 | USD 2,299.1 million |
| Market revenue in 2030 | USD 3,383.9 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Syrup |
| Fastest growing segment | Syrup |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 4.7% of the global glucose market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia glucose market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,383.9 million by 2030.
A healthy diet is an important factor of the traditional food in Saudi Arabia; however, dietary habits have changed as a result of industrialization, urbanization, and globalization. The increased penetration of bakery and confectionery products and convenience food is providing the substantial thrust to glucose demand in various food & beverage products.
Saudi Arabia is one of the largest importers of glucose in the Middle East, owing to the increasing use of sugar in various food & beverage products and pharmaceutical products. The use of glucose in pharmaceutical products to manage hypoglycemia and dehydration is among the common applications of glucose in the country.
The research study conducted by J Family Med Prime Care in 2019 shows that the incidence of hypoglycemia in diabetic patients was higher, as 52% of the participants reported at least one attack of hypoglycemia during Ramadan, as people are on fast during the month of Ramadan resulting in lower glucose level. The aforementioned factors are anticipated to boost the demand for glucose in the country over the forecast period.
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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 |
Saudi Arabia 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 68.39% in 2023.
Horizon Databook has segmented the Saudi Arabia glucose market based on syrup, solid covering the revenue growth of each sub-segment from 2018 to 2030.
A healthy diet is an important factor of the traditional food in Saudi Arabia; however, dietary habits have changed as a result of industrialization, urbanization, and globalization. The increased penetration of bakery and confectionery products and convenience food is providing the substantial thrust to glucose demand in various food & beverage products.
Saudi Arabia is one of the largest importers of glucose in the Middle East, owing to the increasing use of sugar in various food & beverage products and pharmaceutical products. The use of glucose in pharmaceutical products to manage hypoglycemia and dehydration is among the common applications of glucose in the country.
The research study conducted by J Family Med Prime Care in 2019 shows that the incidence of hypoglycemia in diabetic patients was higher, as 52% of the participants reported at least one attack of hypoglycemia during Ramadan, as people are on fast during the month of Ramadan resulting in lower glucose level. The aforementioned factors are anticipated to boost the demand for glucose in the country over the forecast period.
- Saudi Arabia Glucose Market Form Outlook (Revenue, USD Million , 2018-2030)
- Syrup
- Solid
- Saudi Arabia Glucose Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food & Beverages
- Pharmaceutical
- Cosmetic & Personal Care
- Pulp & Paper
- Other Applications
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Glucose Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Glucose Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Glucose Market, 2018-2030 (US$M)
Saudi Arabia glucose market statistics, by form, 2018-2030 (US$M)
