Glucose Market Size, Share, and Trends 2024 to 2034

The global glucose market size accounted for USD 52.47 billion in 2024, grew to USD 54.92 billion in 2025 and is projected to surpass around USD 82.89 billion by 2034, representing a healthy CAGR of 4.68% between 2024 and 2034.

  • Last Updated : November 2024
  • Report Code : 2694
  • Category : Food and Beverages

Glucose Market Size and Forecast 2024 to 2034

The global glucose market size is estimated at USD 52.47 billion in 2024 and is anticipated to reach around USD 82.89 billion by 2034, expanding at a CAGR of 4.68% between 2024 and 2034.

Glucose Market Size 2024 To 2034

Glucose Market Key Takeaway:

  • Asia Pacific captured more than 39% of the revenue share in 2023. 
  • By form, the syrup sector leads the market and generated more than 72% of the revenue share in 2023. 
  • By form, the solid sector is expected to expand at a remarkable CAGR from 2024 to 2034.
  • By application, the food and beverages segment dominated the market and generated more than 55% of the revenue share in 2023.

Asia Pacific Glucose Market Size and Growth 2024 to 2034

The Asia Pacific glucose market size accounted for USD 20.46 billion in 2024 and is expected to be worth around USD 32.74 billion by 2034, expanding at a CAGR of 4.80% between 2024 and 2034.

Asia Pacific Glucose Market Size 2024 to 2034

Asia Pacific led the glucose market in 2023 and generated for more than 39% of total revenue. The region is expected to maintain its dominance during the predicted period of 2024 to 2034. The existence of large customer support is the most important factor in determining the highest regional industry value. The region's major economies, including China and India, contribute significantly to revenue. The region's market is being driven by the rising need for food and beverage products in these countries as a result of large customers and prompt economic development.

Glucose Market Share, By Region, 2023 (%)

Europe is gaining momentum due to its significant economies, which include the United Kingdom, Italy, and Germany. Organic, natural, and clean-label products are currently important factors driving demand in European industry. Due to the aging population's emphasis on health, European customers are opting for healthy options like fresh, artisanal, ethnic, and organic food products. As it has been manufactured in the region for over a century, glucose syrup dominates over solid form.

Market Overview

Rising sales are driving the market for soft drinks, confectionery, as well as bakery products in the sector of food and beverages that contain Glucose. Glucose is utilized in a variety of industries, including pharmaceuticals, food and beverages, pulp and paper, and cosmetics and personal care.

It functions as a stabilizer, flavor enhancer, texture enhancer, adjunct, humectant, coating & bulking agent, preservative, and others. One of the most significant components of glucose is that it inhibits sugar from crystallizing in sweets. The abovementioned factors are the advantages of glucose that are driving its requirement and usage around the world.

In the United States, the glucose syrup sector had the highest revenue share. Due to the abundance of corn in the United States, glucose is primarily obtained from corn starch. Producers use corn syrup/glucose syrup in their products because the FDA has listed it as safe under 21 CFR184.1865. As a result, the syrup segment dominates the industry.

Glucose is used in cosmetics and personal care for various product formulations, such as hair care and skin care products, cleaning products, makeup products, and bath products. Glucose functions, such as humectants, skin-conditioning agents, and flavoring agents, among others, contribute to its use in the market.

Market Scope:

Report Coverage Details
Market Size in 2024 USD 52.47 Billion
Market Size by 2034 USD 82.89  Billion
Growth Rate from 2023 to 2032 CAGR of 4.68%
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered By Form and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa


Market Dynamics

Drivers

Increasing use in the bakery and confectionery industry.

Aside from imparting sweetness, glucose or dextrose also serves as a flavor enhancer and texture-creating agent. It prevents sugar crystallization, a desirable feature in confectionery products, so its use in the confectionery industry has increased significantly. 

It is commonly used to manufacture homogeneous confectionery items such as chewing gum and chocolates. Dextrose monohydrate is being used as an alternative to sucrose by confectionery manufacturers all over the world. Dextrose has actively paved strong growth opportunities in the bakery and confectionery sectors as a result of these additional benefits.

Increase supply in the pharmaceutical industry.

Pharmaceutical companies are now selling medicines and supplements containing glucose, dextrose, and maltodextrin, which are utilized to treat a variety of health problems such as accidents, trauma, and sickness. Glucose, dextrose, and maltodextrin have all been used in the production of paper and pulp, and these are some of the factors anticipated to propel market growth.

Restraints

Diabetes is a significant impediment to market growth.

Many doctors believe fructose is better for people with diabetes than sugar, but glucose is absorbed by every cell in the body. The liver, on the other hand, is in control of fructose metabolism. Diabetes has been linked to the intake of high fructose corn syrup, which includes an abundance of free-floating fructose. In comparison to fruit, which contains fructose, fiber, and nutrients to aid digestion, glucose syrup has little nutritional value. There are only calories and sugar.

Opportunities

Increased R&D activity.

Rising R&D activities in a variety of industries, including pharmaceuticals, food and beverage, and others, as well as a strategy to track the untapped market, are expected to open up new opportunities for manufacturers in the glucose, dextrose, and maltodextrin markets.

The launch of low-sugar syrup has become a significant trend in the glucose industry, gaining popularity. To meet consumer demand and strengthen their position, significant players in the glucose industry are focusing on the launch of low-sugar syrups. For example, the ingredion launched a stable sweet low-sugar syrup in November 2020. It is produced with the support of corn.

The company intended to market these stable sweet low, sugar-glucose syrups in a variety of forms, including lollipops, chewy sweets, hard-boiled candy, gummies, and jellies. This reduces sugar recrystallization and stickiness in the finished product while improving shelf-life and color stability.

Form Insights

The syrup sector leads the industry and is reported for the largest share of over 72% in 2023. The sector is also expected to continue throughout the projected period. Syrup is liquid glucose commonly derived from corn as well as cereal grains such as wheat, barley, rice, cassava, and potato. For instance, various glucose syrup was provided by AGRANA under the label AGENABON. Most of them are produced from wheat and corn. According to the culture of the region, it is generally used in the manufacture of a diverse range of beverages and food products. 

Glucose Market Share, By Form, 2023 (%)

The rising demand for convenience foods, as well as the increased use of such syrups in bakery products such as desserts, are the factors propelling the market growth. Furthermore, as the demand for sugar substitutes grows, such syrups are used in the production of chewing gum, ice cream, canned meals, and chocolates.

Non-GMO, organic, vegan, and low-sugar syrups are among the current developments in the syrup market. AGENABON, for example, aids in the reduction of microbiological decay during storage as well as the decrease of syneresis. AGENABON organic syrup is a preferred ingredient for non-GMO and organic products like spices, ice cream, meat products, ketchup, barbecue sauces, and liqueurs.

The solid sector is predicted to expand at a remarkable CAGR over the anticipated period. Glucose powder or solid form is growing in the beverages and food sector due to the rising demand for natural glucose powders. The continuously boosting demand throughout the beverage and food industry also significantly impacts the market.

Application Insights

The food and beverages sector dominated the industry and had the largest share of around 55% in 2023. The expanding food and beverages industries globally due to expanding R&D activities by the key industry firms for the advancement of innovative products as well as improvisation of current is propelling the market.

The existence of characteristics that lock in moisture and enhance the flavor of items such as cakes, muffins, and other ready-to-eat food products has predicted that Bakery & Confectionery Products will be the leading glucose market from 2023 to 2032. An advantageous characteristic of confectionery products is that there should be no crystallization of sugar. Glucose is mainly used in the manufacturing of confectionery products like chocolates and chewing gum.

The growing need for bakery and confectionery items owing to changing diet habits combined with increasing urbanization as well as an expanding number of females in bakery product production is mainly encouraging market expansion. The application of glucose in baked goods has advantages; it's simply fermentable, promotes browning in buns and bread making, and avoids syrup crystallization. This makes it a suitable component in bakery foods.

Glucose Market Companies:

  • Roquette Freres
  • Gulshan Polyols
  • Sigma Aldrich Corporation
  • Atn Investments Pty Ltd.
  • Tate & Lyle PLC
  • Cargill, Inc.
  • Archer Daniels Midland Company
  • Pfizer, Inc.
  • Ingredion, Inc.
  • ProAgro GmbH
  • Grain Processing Corporation
  • Tereos SCA
  • Avebe Group
  • Global Sweeteners Holdings
  • AGRANA
  • Fooding Group Limited

Recent Developments

  • In March 2023, CUBIQ FOODS collaborated to speed up the plant-based product on new fat technology.
  • In January 2023, a partnership was formed between Cargill and BASF to deliver high-performance enzyme solutions.
  • PureCircle was acquired by Ingredion Incorporated in July 2020. This resulted in an expansion of the product portfolio of Ingredion Incorporated.
  • In December 2022, Pfizer announced EMA and FDA approval of Etrasimod in Ulcerative Colitis.
  • In November 2022, FYBRIN® RS F100, a resistance starch was formulated by Grain Processing Corporation (GPC).

Segments Covered in the Report:

By Form

  • Solid
  • Syrup

By Application

  • Food & Beverages
    • Bakery & Confectionery
    • Dairy
    • Soups, Dressings & Sauces
    • Beverages
    • Others
  • Pharmaceutical
  • Cosmetic & Personal Care
  • Pulp & Paper
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global glucose market size was reached at USD 52.47 billion in 2024 and it is expected to reach around USD 82.89 billion by 2034.

The global glucose market is poised to grow at a CAGR of 4.68% from 2024 to 2034.

The major players operating in the glucose market are Roquette Freres, Gulshan Polyols, Sigma Aldrich Corporation, Atn Investments Pty Ltd., Tate & Lyle PLC, Cargill, Inc., Archer Daniels Midland Company, Pfizer, Inc., Ingredion, Inc., ProAgro GmbH, Grain Processing Corporation, Tereos SCA, Avebe Group, Global Sweeteners Holdings, AGRANA, Fooding Group Limited and Others.

The driving factors of the glucose market are the increasing use in the bakery & confectionery industry and increase supply in the pharmaceutical industry.

Asia Pacific region will lead the global glucose market during the forecast period 2024 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client

Meet the Team

At Precedence Research we believe that insightful research is the key to unlocking growth, and Vipassa Kakroo is one of the experts leading this charge. With 10+ years of experience in the market research industry, Vipassa brings a wealth of knowledge, a sharp analytical mind, and a deep understanding of key industry sectors. Holding a BE in Information Technology and an

Learn more about Vipassa kakroo

With over 14 years of experience, Aditi is the powerhouse responsible for reviewing every piece of data and content that passes through our research pipeline. She is not just an expert—she’s the linchpin that ensures the accuracy, relevance, and clarity of the insights we deliver. Aditi’s broad expertise spans multiple sectors, with a keen focus on ICT, automotive, and various other cross-domain industries.

Learn more about Aditi Shivarkar

Related Reports