Global Glucose Market Report and Forecast 2024-2032

Global Glucose Market Size

The global glucose market reached around USD 52.73 billion in 2023. The market is projected to grow at a CAGR of 4.8% between 2024 and 2032, reaching almost USD 80.42 billion by 2032.

Global Glucose Market Outlook

• Corn is the major source of glucose production in the United States.

• The hydrolysis of potato starch holds significant potential for driving the market growth.

• Syrup glucose is expected to find increasing applications in the food and beverage industry.

Global Glucose Market Growth

Glucose is a popular skin cleansing and conditioning agent, which is used for manufacturing body cleansers, makeup, and skin care products. It is also a popular flavouring agent and helps to mask the smell of natural ingredients in lipsticks and creams. Major cosmetic companies like Clariant (based in Switzerland) formulate glucose with natural oils to create mild skin surfactants, which are sustainable to cater to the increasing demand for multifunctional cosmetic products. This formulation is compatible with a wide range of active ingredients and fragrances, enhancing consumer appeal and driving revenue growth.

Increasing research into the development of eco-friendly adhesives has led to the discovery of a glue manufactured from citric acid and fructose, which offers an ideal strength ratio to plywood. Such adhesives are non-toxic, water-resistant, and highly durable in nature, which is expected to drive their rapid adoption by the construction, home décor, and home furnishings industries over the forecast period. This is expected to lead to an increase in the demand for glucose.

With the growth of the global food and beverage industry, the demand for glucose is expected to witness a significant growth in the forecast period, driven by an increase in sales of dietary supplements and energy drinks.

Global Glucose Industry Segmentation

Global Glucose Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Form

• Syrup

• Solid

Market Breakup by Source

• Wheat

• Corn

• Others

Market Breakup by Application

• Food and Beverages

• Pharmaceuticals

• Cosmetics and Personal Care

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Glucose Market Share

Based on region, the market is divided into North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa. Over the forecast period, the Asia Pacific is expected to remain a major producer of glucose, as governments shift their focus towards boosting the domestic manufacturing industries.

Leading Companies in the Global Glucose Market

Major market players are expected to expand their existing facilities for glucose production to drive the market growth.

• Archer-Daniels-Midland Co.

• Ingredion Inc.

• Tate & Lyle Plc

• Cargill Inc.

• Wilmar International Limited

• Suedzucker AG

• Agrana Beteiligungs AG

• Roquette Frères

• Tereos S.A.

• Global Sweeteners Holdings Limited

• Others

Key Highlights of the Report