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Corn Syrup Solids: Market Outlook

Corn syrup solids have a high demand in confectionaries because of elevated level of fructose present in corn syrup which can be used as a sweetener compound. Corn syrup solids are made from starch of corn which is undergone a procedure in which almost 97% of water from liquid corn syrup is removed. Factors like new product modernization and expansion of machinery and tools in food and beverages industry, encouraging government policies in the food industry, rise in restaurant and coffeehouses in the developing countries, and also increasing people consciousness and changing lifestyle are driving the global corn syrup solids market.

Compared to sucrose corn syrup solid is comparatively has improved capability to not crystallize like sucrose hence is also used in soft drink formulations. Additionally, the human body metabolizes fructose in a much different way.

Rising benefits of fructose over sucrose

The dominating benefits of fructose over sucrose has escalated the use of corn syrup solids across the North America food industry at a robust pace as it is easily handled and supplied and also it is obtained from corn which is a reliable crop as it is grown in abundance whereas production of sucrose is restricted.

Global corn syrup solid market is rapidly increasing because of increasing demand for sweetener in food and beverage industry. Corn syrup is a good alternative to honey or sugar when used in food preparations and is also beneficial for the consumers who are avoiding sucrose because of its side effects. Corn syrup consists of 42%-45% fructose while sugar has around 50%-55% fructose this is the key factor which is driving the corn syrup solids market.

Corn Syrup Solids: Market Segmentation

On the basis of product type, the global corn syrup solid market can be segmented as-

  • Corn Syrup Solid
  • Low Calorie Corn Syrup Solid
  • Corn Syrup Solid Maltodextrin

On the basis of type, the global corn syrup solid market can be segmented as-

  • Light Corn Syrup Solid
  • Dark Corn Syrup Solid

On the basis of application, the global corn syrup solid market can be segmented as-

  • Personal Use
  • Restaurants
  • Companies
  • Food and Beverages
  • Processed Food
  • Beverages
  • Bakery
  • Confectionaries
  • Dairy
  • Pharmaceuticals
  • Coffeehouses
  • Convenience Stores
  • Supermarkets
  • Others

Global Corn Syrup Solid Market: Key Players

Major companies dominating the global corn syrup solids market are Grain Processing Corporation, Sausage Maker, Henan Feitian Agricultural Development Stock Co. Ltd, Shan Dong Tian Jiao Biotech Co. Ltd., Ingredion Mexico S.A., Great American Spice Co., Tate & Lyle, Corn Products International, Inc., Cargill Incorporated, Archer Daniels Midland Co., Karo Syrups.

Opportunities for Global Corn Syrup Solid Market

North America which is driven by U.S. and Canada has the major share for global corn syrup solid market in terms of revenue because of elevated demand for confectionary food in this region and mounting awareness towards enhancing food taste and presence of large companies in this region. Europe is anticipated as the next region projected for growth in the global corn syrup solid market. In Asia-Pacific, the market is still in the growing stage. Japan leads the Asian countries concerning the corn syrup solid consumption.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Corn Syrup Solids Market

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