Glucose Syrup Market 2021 Global Growth, Opportunities and forecast to 2027
Market Overview: Glucose is a simple sugar and is the primary energy source of the body and is ubiquitous in the body mechanisms and processes. Glucose features on the World Health Organization's List of Essential Medicines, due to its crucial role to life sustenance and maintenance. The global market for glucose syrup is projected to reach 29,888 kilo tons by volume at a CAGR of 3.6 % during the forecast period of 2016 to 2022. Market Dynamics: The essential nature of glucose and its versatile uses in healthcare coupled with growth of complimentary industries and applications such as food and beverage, pharmaceuticals, confectionery etc. are driving the global Glucose Syrup Market. The concentrated nature of glucose syrup reduces transportation costs resulting in efficiencies. The Government’s support to agriculture especially the sugar beet and sugarcane producers is another driver of the market. The situational growing demand for glucose syrup has resulted in North America