Global Gluten Free Sugar Syrup Market to reach USD 1633.64 million by 2027.Global Gluten Free Sugar Syrup Market is valued approximately USD 1065.88 million in 2020 and is anticipated to grow with a healthy growth rate of more than 6.29 % over the forecast period 2021-2027. Gluten free sugar syrup market is growing rapidly as consumer awareness regarding healthy lifestyle grows. Consumers are shifting towards gluten free products to prevent themselves from diseases like Irritable Bowel Syndrome (IBS) and celiac. There are various health benefits associated with the consumption of gluten free products. Growing demand for healthier desserts and confectionaries is driving the growth of global gluten free syrup market. Corn syrup is witnessing the fastest growth in CAGR which is around 8% in 2021-2027. There is increase in demand of carbohydrate drinks, soft drinks, confectionary products which is driving growth gluten free sugar syrup. Glucose syrup is used to provide crystallization, and sweetness in a product. It is also used for fermentation in beverage industries. Rising concerns among the consumers regarding various diseases and adoption of healthy eating habits leads to rise in sale of gluten free sugar syrup market. However, increasing competition makes it difficult to work in the market and impedes the growth of the market over the forecast period of 2021-2027. Also, as there is rising concerns regarding diseases the adoption & demand for Gluten Free Sugar Syrup is likely to increase the market growth during the forecast period.
The regional analysis of global Gluten Free Sugar Syrup market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a significant region across the world in terms of market share owing to the large gluten-intolerant population. And with high disposable income, consumers are ready to spend extra to manage a healthy lifestyle. Whereas, Europe is also anticipated to exhibit highest CAGR over the forecast period 2021-2027. Factors such as awareness among consumer is rising in Europe region. So, CAGR is expected to rise the highest that would create lucrative growth prospects for the Gluten Free Sugar Syrup market across Europe region.
Major market player included in this report are:
B&G Foods
Monin Incorporated
Wholesome Sweeteners
Canadian Organic Maple
Skinny Mix
Tereos
Blue Ocean Biotech
Gulshan Polyols Ltd
Cargill
B??rger GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Glucose Syrup
Maple Syrup
Corn Syrup
Others
By Application:
Industrial
- Bakery Products
- Beverages
- Prepared Foods
- Others
Direct Human Consumption
- Grocery Store
- Independent Health Stores
- Club and Drug Stores
- Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Gluten Free Sugar Syrup Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors