NEW YORK, Feb. 19, 2018 -- Global High Fructose Corn Syrup (HFCS) Market is expected to reach USD 4.195 billion by 2022 at a CAGR of 4.5% says Profshare Market Research. High fructose corn syrup is replacement of sucrose in the foods and beverages industry. It is derived as a liquid sweetener from corn syrup using a process called wet milling. High fructose corn syrup (HFCS) accounts for a share of 10% in the global sweeteners market. HFCS is similar to other fructose glucose sweeteners such as honey, sucrose, and fruit juice concentrates in terms of composition or metabolism. It is generally composed of 42% to 55% fructose. HFCS gives better stability and works well in acidic beverages that are available in liquid state, which in turn ensures easy transport and handling of HFCS.
Fructose has emerged as a more cost-effective alternative to glucose, since it is sweeter than the latter. Owing to this attribute the use of fructose has significantly increased in food processing. The consumption of HFCS is also associated with the increasing prevalence of obesity worldwide. The use of HFCS has accelerated across the U.S. food industry at a robust pace. Corn is a reliable crop and is grown abundantly across the U.S., while the production of sucrose is limited, which provides U.S. a lucrative opportunity for imports from major supplies from sugar-growing countries. Thus the supply of essential commodities in the country is vulnerable to political and economic conditions prevalent in exporting nations. Also because of its liquid form HFCS is considered more stable for use in acidic beverages.
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Global High Fructose Corn Syrup (HFCS) Market : Product Type
• Type I(HFCS 42)
• Type II(HFCS 55)
High Fructose Corn Syrup (HFCS) Market : End Users/Application Analysis
• Drink
• Soy Sauce
• Baked Goods
Global High Fructose Corn Syrup (HFCS) Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in High Fructose Corn Syrup (HFCS) Market :
• Archer Daniels Midland Co.
• Cargill Incorporated
• Tate & Lyle
• COFCO Rongshi Bio-technology Co., Ltd.
• Global Sweeteners Holdings Limited
• Luzhou Bio-chem Technology Co., Ltd.
• Xiwang Sugar Holdings Company Limited
• Ingredion
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