The size of the North American Corn Syrup Solids Market is expected to be worth USD 2186.93 million in 2024 and grow at a CAGR of 4.43% from 2024 to 2029 to achieve USD 2463.11 million by 2029. Corn syrup is prepared from starch that contains different amounts of maltose and oligosaccharides, depending on the grade. In confectioners, it is also called glucose syrup owing to its use in food to soften texture, enhance flavor, and prevent sugar crystallization. It is also used to retain moisture as a 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 mass-produced foods like candies, pancakes, soft drinks, and fruit drinks. It can be used as a sugar glass when it is mixed with sugar, water, and tartar cream.
Factors like high demand for confectionary foods, high investments in government organizations and private companies in the food industry, new product innovation and technology development in food and beverages, rise in coffeehouses and restaurants in developing countries, increase in disposable income, favorable government policies in the food industry, changing lifestyles and growing people awareness about food ingredients are driving the North America Corn Syrup Solids Market. However, a lack of awareness about corn syrup solids and its high costs are hindering the growth of the market.
This research report on the North American corn syrup solids market is segmented and sub-segmented into the following categories.
North America Corn Syrup Solids Market – By Product Type:
North America Corn Syrup Solids Market – By Application:
Depending on the application, the market is segmented into personal use, restaurants, companies, coffeehouses, convenience stores, supermarkets, and others.
North America Corn Syrup Solids Market – By Region:
North America has the largest share in terms of revenue due to the high demand for confectionary foods in this area, growing attention towards enhancing food taste, and the presence of large companies in this region.
KEY MARKET PLAYERS:
Key Market Players in North American corn Syrup Solids Market are 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
Frequently Asked Questions
Corn syrup solids are dehydrated corn syrups that contain little to no water. They are used as sweeteners, thickeners, and bulking agents in various food and beverage applications, including confectionery, baked goods, dairy products, and processed foods.
Factors driving growth include the versatility and functionality of corn syrup solids as ingredients, their cost-effectiveness compared to other sweeteners, and the increasing demand for processed and convenience foods in North America.
Corn syrup solids have a longer shelf life and offer easier handling and storage compared to liquid corn syrup. They are often preferred in applications where precise control over sweetness, viscosity, and moisture content is required, such as powdered beverage mixes and dry mixes for baked goods.
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