Global Gluten-Free Sugar Syrup Market to Reach About USD 1.90 Billion by 2032, Aided by the Growing Health-Consciousness

The rising health-consciousness, especially among the young population, is leading to a surge in the incorporation of gluten-free sugar syrups in various food and beverages for guilt-free indulgence. With the surging health claims regarding the benefits of gluten-free products, various consumers are preferring gluten-free sugar syrups for improved health and weight loss, which is aiding the market growth. Due to the increasing cost-effectiveness offered by gluten-free sugar syrups, their utilisation in the food and beverage sector is significantly growing. In addition, the growing popularity of gluten-free diets is prompting the utilisation of gluten-free sugar syrup in various bakery and confectionery products, thereby providing further impetus to the growth of the market.

Some of the significant companies in the market for gluten-free sugar syrup are B&G Foods, Inc. (NYSE: BGS) and Ingredion Inc. In November 2020, the latter launched Stablesweet LD low sugar glucose syrup across the Middle East and Africa. Through this, the company expanded its portfolio of speciality sweeteners and sugar reduction solutions. The product is derived from corn and is ideal for sweetening applications in lollipops, chewy sweets, jellies, hard-boiled candies, and gummies, among others. It also enables manufacturers to produce shelf-stable and low sugared products while improving their overall colour and texture. Further, the product offers similar processability and functionality as conventional glucose syrup and eliminates the issue of hygroscopicity to reduce the stickiness of the final product. Hence, the increasing launches of such innovative gluten-free sugar syrups by various companies are augmenting the growth of the market.

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Market Analysis by Product Type, Application, and Region:

• The market, on the basis of product type, can be divided into glucose syrup, maple syrup, and corn syrup, among others.

• Based on application, the market can be divided into industrial and direct human consumption.

• The regional markets for gluten-free sugar syrup include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The growing spending on healthy products by consumers owing to the rising prevalence of various health-related issues is propelling the market growth of gluten-free sugar syrup.

• The market is being aided by the increasing population with gluten intolerance, which, in turn, is surging the consumption of gluten-free sugar syrup.

• The growing awareness regarding the health benefits of gluten-free sugar syrup is augmenting the growth of the market.

• The increasing development of gluten-free bakery and confectionery products is surging the use of gluten-free sugar syrup, hence bolstering the market expansion.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for gluten-free sugar syrup for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the product types, applications, and major regions of gluten-free sugar syrup.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global gluten-free sugar syrup market are B&G Foods, Inc., Monin Incorporated, Canadian Organic Maple Co. Ltd, and Skinny Mixes, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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