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Asia-Pacific Corn Syrup Solids Market Size (2024 to 2029)
Asia-Pacific Corn Syrup Solids Market is expected to be worth USD 1450.23 billion in 2024 and estimated to be grow at a CAGR of 6.9%, to achieve USD 2025.43 billion by 2029.
Corn Syrup is prepared from the starch of corn that contains different amounts of maltose and oligosaccharides which depends on the grade. In confectioners, it is also called as glucose syrup owing to its use in food to soften texture, enhance flavour and prevent sugar crystallization. It is also used to retains moisture, as thickener and sweetener in commercially prepared foods. Corn syrup solids are prepared from the liquid corn syrup through a process that removes 97% of the water from the liquid. In some areas, it is mistaken for high-fructose corn syrup that is prepared from corn syrup by converting glucose into fructose using an enzyme. Due to the higher levels of fructose, it produces a sweeter compound. Corn syrup is used as a primary ingredient in the mass-produced foods like candies, pancakes, soft drinks and fruit drinks. It can be used as sugar glass, when it is mixed with sugar, water and tartar cream.
Factors like high demand for the confectionary foods, high investments in the government organizations and private companies in the food industry, new product innovation and technology development in the food and beverages, rise in coffeehouses and restaurants in the developing countries, increase in disposable income, favourable government policies in the food industry, changing lifestyles and growing people awareness about food ingredients are driving the Asia-Pacific Corn Syrup Solids Market. However, lack of awareness about corn syrup solids and high cost are hindering the growth of the market.
This research report on Asia-Pacific Corn Syrup Solids Market is segmented and sub segmented into following categories:
Asia-Pacific Corn Syrup Solids Market – By Product Type:
- Corn syrup solids
- Corn syrup solid maltodextrin
- Low-calorie corn syrup solid
Asia-Pacific Corn Syrup Solids Market - By Application:
- Personal Use
- Restaurants
- Companies
- Coffeehouses
- Convenience Stores
- Supermarkets
Asia-Pacific Corn Syrup Solids Market - By Region:
- China
- India
- Japan
- South Korea
- Australia
Asia-Pacific region grow with highest CAGR during the forecast period owing to the increase in per capita income, growing demographics and emerging economies like China and India.
KEY MARKET PLAYERS:
Key Market Players of Asia-Pacific Corn Syrup Solids Market are Sausage Maker, Ingredion Mexico S.A. De C.V., Great American Spice Co, Shandong Tianjiu Bio-Tech Co., Ltd, Shan Dong Tian Jiao Biotech Co., Ltd, Agrana, Grain Processing Corporation, Henan Feitian Agricultural Development Stock Co., Ltd.