Middle East and Africa Glucose Syrup Market By Grade (Food, Pharmaceuticals), By Application (Sweetening Agent, Wine) and By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2024 to 2029)

Updated On: June, 2024
ID: 9908
Pages: 135

Middle East and Africa Glucose Syrup market Growth and Forecast (2022 - 2027):

The Middle East and Africa Glucose Syrup Market size was assessed to be US$ xx million in 2021 and is determined to reach a valuation of US$ xx million by 2026 with a considerable compound annual growth rate between 2021 and 2026.

Market Overview:

Glucose syrup is a liquid that is developed due to the hydrolysis of wheat, corn, potatoes, and rice that is employed in the preparation of sweets, frozen desserts and others. Additionally, glucose syrup made from cornstarch contains a small amount of zinc, thiamine, and calcium. Glucose sugar is nowadays used in the making of beer, homemade iced tea or lemonade drinks.

Recent Developments in Middle East and Africa Glucose Syrup Industry:

  • In July 2017, ADM completed the acquisition of Chamtor SA to expand its worldwide presence in the sweeteners and starches sector.
  • In August 2017, Tate & Lyle expanded the CLARIA family by launching two new instant starch products.

Middle East and Africa Glucose Syrup Market Growth:

The demand for grain sweeteners is supported by the development of the soft drink industry, which is increasing rapidly in developing countries of Middle East and Africa.

Drivers:

The rise in the consumption of ready-to-eat foods and the use of glucose syrup in baked goods are a few factors promoting the regional market. The increased use of glucose syrup in the making of ice cream, chewing gum, chocolate, and canned foods is also promoting this business. Industries like confectionery, pharmaceuticals, food and beverages require glucose syrup as a sweetener. Glucose syrup is gaining popularity due to its long shelf life. It also provides a better alternative to conventional granulated sugar. In addition, glucose syrup is sprayed with enamel to varnish food grades, increasing the sensory value of grades. In addition to sweeteners, the application of glucose syrup as a thickener is increasing. In addition, the increased use of glucose syrup to make candy that helps prevent candy crystallization is expected to drive growth in the Middle East and Africa glucose syrup market. The increase in the use of glucose syrup to prepare confectionery to prevent rough texture is expected to support the growth of the Middle East and Africa market. The demand for glucose, dextrose and maltodextrin in the food and beverage sector is expected to witness significant growth in the near future due to its benefits as emulsifier and thickener in food industries. The market is driven by increased demand in the beverage industry, intensive research and development activities, and increased demand for prepared foods.

Increased consumer awareness of the health benefits associated with consuming glucose syrup is another factor that is supposed to drive growth in the Middle East and Africa Glucose syrup market in the coming years. The growing demand for baked goods like waffles, pancakes, etc., is a key factor driving the growth of the Middle East and Africa Glucose syrup market. With the use of this syrup, increasing the adoption of glucose syrup in baked goods does not affect the appearance and improves moisture retention, keeping baked goods fresh. Glucose syrup does not affect the appearance of the product and is preferred by chefs because it improves water retention and keeps baked goods fresh. Glucose syrup has short carbohydrates, so it can be easily digested by the elderly and babies. All of these factors together will contribute greatly to the popularity of Middle East and Africa Glucose syrup, which will promote market growth during the forecast period.

Restraints:

People consume more foods containing glucose syrup because they feel hungry when they are not, which is why people gain weight in a short period of time. When people consume glucose syrup, the body secretes more insulin, causing many illnesses. The side effects of excessive glucose syrup consumption are negatively affecting the growth of the Middle East and Africa Glucose syrup market.

Middle East and Africa Glucose Syrup Market Segmentation Analysis:

By grade, the MEA glucose syrup market is classified by food, pharmaceuticals, etc. The high demand for sweeteners in the confectionery industry and the growth of the bakery industry are key factors driving the growth of the segment. Other categories consist of drinks like cold drinks that has a large market share. A large amount of glucose syrup is found in fruit drinks and soft drinks, accounting for almost 50.0%. In addition, the intake of soft drinks has multiplied by five in recent years.

By application, the Middle East and Africa glucose syrup market is classified according to applications such as sweeteners and wines. Wine has the largest business share in the local market. Natural glucose is less sweet than fructose in wine. Therefore, to increase the sweetness effect, glucose syrup is used in various wines. During the fermentation time, glucose syrup is added and the stirring speed is controlled, making the wine appear attractive with a light pink color. This is one of the main reasons to use glucose syrup in wine fermentation.

Regional Analysis:

MEA glucose syrup market is geographically divided into the UAE, South Africa, Saudi Arabia, Kuwait, Oman, and other countries. Increased awareness of the health benefits of low-calorie consumables is a key catalyst for growth in the Middle East and Africa Glucose syrup market. This item provides a national stevia manufacturing opportunity. Regulations supporting the UAE Glucose syrup market will provide a broad objective to assess the agricultural potential, extraction, production efficiency, and technical economy for syrup production in the Middle East and Africa.

Key Players in the Market:

Major Key Players in the MEA Glucose Syrup Market are

  • Cargill Inc
  • The Agrana Group
  • Baker's kitchen
  • Abbe U.A
  • Beneo
  • Archer daniels midland
  • Ingridion
  • DGF Service
  • Dr. Oetker
  • Expensive syrup
  • Grain Processing Construction
  • Roquette Freres
  • Queen pine food
  • Tate and Lyle

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