NEW YORK, Nov. 12, 2020
NEW YORK, Nov. 12, 2020 /PRNewswire/ -- Customer preference has increased for natural sweeteners, reason being, rising number of consumers that are suffering from various diseases and being allergic to synthetic sweeteners, which is having a positive impact on the sales of natural sweeteners such as fructose. This is derived from honey, tree and vine fruits, flowers, berries, and most root vegetables. In case of commercial purposes, fructose is sourced from sugarcane, sugar beet, and maize.
According to the World Health Organization, diabetes is one of the most common causes of death, globally. Increasing concerns regarding diabetes are influencing consumers to gradually move toward antidiabetic food products, and this trend is anticipated to continue over the forecast period. Thus, the glucose and fructose market is expected to exhibit a steady value CAGR of more than 4% through 2030.
Key Takeaways from Glucose and Fructose Market Study
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"The confectionery industry is gaining rapid traction in several developing countries, due to increasing consumer spending on food products and demand for blissful indulgence. The natural sweeteners market is in its initial growth stage in these emerging nations, and the confectionery industry seems to be rapidly growing with increased disposable income. This is expected to offer lucrative opportunities for manufacturers in the glucose and fructose market in the years to come," says a PMR analyst.
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Global Glucose and Fructose Market: Competitive Landscape
Leading manufacturers in the global glucose and fructose market space are entering into various partnerships and collaboration to gain synergy benefits and increase market presence globally.
In addition, key players in the global glucose and fructose market landscape are focusing on launching new sweeteners through partnerships and collaborations.
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Explore More Valuable Insights on Glucose and Fructose Market
Persistence Market Research, in its new report, offers an impartial analysis of the global glucose and fructose market, presenting historical data (2015-2019) and estimation statistics for the period of 2020-2030. The study offers compelling insights on the glucose and fructose market based on type (glucose, fructose), form (liquid, powder), and application (bakery, cereals & snacks, dairy & desserts, sauces & dressings, confectionery, functional food, beverages, others), across seven regions.
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