Fructose Market Size, Share, By Product (High Fructose Corn Syrup, Fructose Syrup, and Fructose Solids), By Application (Dairy Products, Beverages, Processed Food, Bakery & Cereals, Confectionery, and Others), and By Region- Trends, Analysis and Forecast till 2034

Report Code: PMI28719 | Publish Date: May 2024 | No. of Pages: 172

Global Fructose Market By Product Overview

Fructose Market Size was valued at USD 13.68 Billion in 2024 and is expected to reach USD 20.8 Billion by 2034 growing at a CAGR of 4.3%

Fructose, a naturally found sweetener, is utilized in various ways in the food and beverage sector due to its low-calorie content. It is utilized in the food and beverage sectors to improve quality, and texture, and impart fragrance. Fructose can be found in vegetables, different fruits, and honey.

There exist various kinds of sugars, with certain types being more prevalent than others. Fructose is a monosaccharide, also referred to as a “single” sugar, similar to glucose. Monosaccharides have the ability to connect and create disaccharides, with sucrose being the most prevalent type known as "table sugar." Sucrose consists of equal parts fructose and glucose, each making up 50% of its composition. Fructose and glucose share the identical chemical formula of C6H12O6, however, they have varying molecular structures making fructose 1.2–1.8 times sweeter than sucrose. Fructose is actually the most naturally sweet carbohydrate. Fructose is commonly found in nature as a component of sucrose. Fructose exists in plants as a monosaccharide, but always in the company of other sugars.

The anticipated increase in demand for sugar-free and low-calorie food products is expected to drive the growth of the fructose consumer market. Fructose is a popular taste enhancer present in numerous food and drink items. The market might see advantages from increased consumption of energy drinks, protein supplements, and skin cream products.

Fructose Market Size

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Global Fructose Market By Product Drivers & Restraints

Key Drivers of Target Market:

Growing Awareness about Healthy Food

  • The rising awareness about fructose containing food which is Fructose is derived from natural sources like honey and fruits, and can be a nutritious component of a well-rounded diet. Nevertheless, individuals should restrict their consumption of processed types of fructose, such as high fructose corn syrup. Certain studies indicate that fructose may have negative impacts on an individual's well-being through various mechanisms.

Demand For the Low Calorie and Sugar-Free Food and Beverages:

  • The request for food and drink items containing lower amounts of sugar is quickly growing. Consumers are becoming increasingly mindful of their health, motivated by a wish to steer clear of the adverse health effects linked to excessive sugar intake, including obesity and diabetes

Restrains:

High Cost:

  • The expensive research, development, and production costs for specialty enzymes are among the significant constraints to the sector's growth. Most of the time, these may require complicated fermentation processes, which require certain growth conditions by microorganisms, affecting a setup to be quite expensive. Besides, downstream processing and purification steps, in some cases, may add to the cost. Acceptance will prove to be one of the factors, especially for small and medium enterprises that are unable or unwilling to invest in biocatalysts that cost that much.

Global Fructose Market By Product Segmentations & Regional Insights

The market is segmented based on Product, Application, and Region.

Product Insights:

  • High Fructose Corn Syrup: High-fructose corn syrup (HFCS), also called glucose–fructose, iso-glucose and glucose–fructose syrup, is a sweetener produced from corn starch. Just like in making regular corn syrup, enzymes are used to convert starch into glucose during production. D-xylose isomerase is used to convert glucose into fructose in corn syrup to create HFCS.
  • Fructose Syrup: Glucose-fructose syrups find their primary applications in confectionery, beverages, jams, preserves, baked goods, cereal products, yogurt, dairy products, condiments, and canned goods. For instance, in the confectionery industry, these syrups are used to avoid crystallization and prevent candies from sticking to their packaging.
  • Fructose Solids: Unadulterated, dehydrated fructose is a sugary, white, scentless, crystalline solid, and is the most soluble in water out of all sugars. Fructose can be discovered in honey, fruits from trees and vines, flowers, berries, and many root vegetables.

Application Insights:

  • Dairy Products: Fructose have excellent functional characteristics have expanded its potential as a significant and nutritious food component across various food sectors. Fructose is widely employed as a significant sweetener in dairy items such as yogurt, ice-cream, and chocolate milk.
  • Beverages: Fructose is often utilized as a sweetener in sodas because of its strong sweetness and ability to dissolve easily. Fructose is nearly twice as sweet as regular sugar, making it a popular choice for manufacturers. Moreover, fructose has high water solubility, which makes it convenient for incorporating into soft drink recipes.
  • Processed Food: Fructose sugars have the potential to be included in a healthy diet. Nonetheless, fructose can be found in high fructose corn syrup, produced from corn starch and included in products like soft drinks and sweets. One can consume these foods in moderation despite their lower nutritional value.
  • Bakery & Cereals: Fructose is also hydrophilic, indicating its ability to absorb water effectively. Moreover, fructose functions as a humectant, which serves to maintain moisture. All of these characteristics have the potential to enhance the texture of foods, such as frozen fruit, and prolong the shelf-life of foods like breads and bakery product.
  • Confectionery: Fructose provides great flexibility in food production, especially in baked goods where it helps maintain moisture and the desired texture for a longer period of time. It is also highly effective with sweets, sodas, and condiments.

Regional Insights

  • North America: North America is one of the leading players in the Fructose Market worldwide, owing to the presence of a well-organized ecosystem for innovation and market development. The most important factors in the region are the well-developed R&D infrastructure and mature pharmaceutical and biotechnology industries, besides high levels of disposable income. Leading companies invest heavily in developing novel enzymes with better functionality and broader applications, continuously pushing the boundaries of sugar technology.
  • Asia Pacific: The highest growth in the fructose market is witnessed in Asia. Several reasons trigger this growth. The pharmaceutical and biotechnology industries in this region are the fastest growing. Second, there is a growth in healthcare spending within the Asia Pacific. Lastly, there is an enhanced demand for processed foods in the region. Other than the above factors, governments of various countries in the region have been enacting policies and initiating funding programs to support and increase R&D activities in biotechnology; this indirectly impacts the specialty enzymes market.
  • Europe: The Fructose Market is well-matured and developed in Europe, with strong innovation and regulatory emphasis. Europe's leading companies had always excelled in making high-quality, sugar free for all applications. In addition, the sustainable approach of European industries to using green enzymes to produce good food and bioremediation will further add to the growth of this market. The Fructose Market for pharmaceuticals and enzyme diagnostics market segments is mature and, in many instances, even approaching saturation from established applications. Growth will only be significant from new food applications and the environmental sector.
  • Latin America: The Latin American Fructose Market is emerging and promises high growth. The company has witnessed reasonable growth from different sources for some time now. The moment the economies in the region start on a growing path, disposable income also goes up. This will increase the processed food industry and many others, like pharmaceuticals, which heavily require enzymes. On the other hand, there is excellent awareness about health in Latin America, which consequently gives way to increasing demand for various diagnostic tests and treatments, including enzymes.
  • Middle East and Africa: MEA is yet another developing market for specialty enzymes, with the expansion being quite stifled due to certain constraints. On the other hand, the capability to produce specialty enzymes is low in the MEA market. The region would heavily depend on imports from the rest of the world. Further, the regulatory frameworks for specialty enzymes may vary substantially between countries in the MEA region.

Fructose Market Report Scope:

Attribute

Details

Market Size 2024

USD 13.68 Billion 

Projected Market Size 2034

USD 20.8 Billion

CAGR Growth Rate

4.3%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product- High Fructose Corn Syrup, Fructose Syrup, and Fructose Solids

By Application-Dairy Products, Beverages, Processed Food, Bakery & Cereals, Confectionery

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product, Application, and Region.

Segmentation:

By Product:

  • High Fructose Corn Syrup
  • Fructose Syrup
  • Fructose Solids

By Application:

  • Dairy Products
  • Beverages
  • Processed Food,
  • Bakery & Cereals
  • Confectionery

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Fructose Market By Product Competitive Landscape & Key Players

The key players operating the Fructose Market include Tate &Lyle, Archer Daniels Midland, ADM Corn Processing, Galam, Ajinomoto Co., DuPont Nutrition & health, Gadot Biochemical Industries Ltd., JK Sucralose, Bell Chem Corporation, and Hermes Sweeteners Ltd.

Fructose Market Players

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Global Fructose Market By Product Company Profile

  • Tate and Lyle
  • Archer Daniels Midland
  • ADM Corn Processing
  • Galam, Ajinomoto Co.
  • DuPont Nutrition & health
  • Gadot Biochemical Industries Ltd.,
  • JK Sucralos
  • Bell Chem Corporation
  • Hermes Sweeteners Ltd..

FAQs

Fructose Market Size was valued at USD 13.68 Billion in 2024 and is expected to reach USD 20.8 Billion by 2034 growing at a CAGR of 4.3%

Fructose Market is segmented into Product, Application, and Region.

Factors driving the market include the growing demand for processed low sugar foods and the rising demand for products.

The Fructose Market's restraints include the expensive research, development, and production costs for fructose from natural sources, which are among the major constraints to the sector's growth.

The fructose market is segmented by region into North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. North America is expected to dominate the Market.

The key players operating the Fructose Market include Tate &Lyle, Archer Daniels Midland, ADM Corn Processing, Galam, Ajinomoto Co., DuPont Nutrition & health, Gadot Biochemical Industries Ltd., JK Sucralose, Bell Chem Corporation, and Hermes Sweeteners Ltd.