NEW YORK, May 2, 2022 /PRNewswire/ — The “High-Fructose Corn Syrup Market by Application (Food and beverage and Apiculture and pharmaceutical) and Geography (North America, APAC, Europe, Middle East and Africa, and South America) – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. Technavio categorizes the global high fructose corn syrup market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market.
The potential growth difference for the high-fructose corn syrup market size between 2021 and 2026 is USD 1.13 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing demand for sugar-free and low-calorie diets and growing applications of high fructose corn syrup are some of the key market drivers. However, factors such as growing health concerns about diabetes and obesity will challenge market growth.
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The high-fructose corn syrup market report is segmented by application (food and beverage and apiculture and pharmaceutical) and geography (North America, APAC, Europe, Middle East and Africa, and South America).
By application, the food and beverage segment will have significant market share growth during the forecast period. High-fructose corn syrup provides superior water control in frozen foods such as ice creams, confections, frozen baked goods, and juices. It also controls moisture migration and ice crystal growth in products that are stored in freezers. Moreover, the demand for healthy foods is increasing. These factors will drive the segment growth during the forecast period.
North America will be the leading region with 42% of the market’s growth during the forecast period. The US and Canada are the key…