Fructose Market anticipated to increase at a CAGR of 4.1 percent by 2027

The global fructose market was estimated at USD 4.34 billion in 2019, with a compound annual growth rate (CAGR) of 4.1 percent predicted from 2020 to 2027. Industry growth is predicted to be fueled by rising demand for low-sugar, low-fat, and processed low-calorie foods. Fructose is a monosaccharide that shares the same chemical formula as glucose but has a distinct molecular structure..Fruits, vegetables, honey, and some plants contain it naturally. Fructose is used to improve the quality, flavour, and texture of foods and beverages. Furthermore, the product's low Glycemic Index (GI) as compared to table sugar is expected to boost demand. The United States is predicted to rise significantly as consumer knowledge of the benefits of pursuing a  healthy diet

Consumers are looking for a substitute for white sugar in their daily diets in order to lose weight, which will aid the fructose industry's growth over the forecast period. Consumers, on the other hand, are increasingly choosing organic products, which will have an impact on market growth. Fructose is made from a variety of sources, including sugarcane, beets, and maize. Because of its low cost and high relative sweetness, the product has been widely used in the food and beverage business.

Raw material price fluctuations and a rise in production costs are likely to be major issues for industry operators. An rise in production costs can have a direct impact on the finished product's pricing.For example, due to rising manufacturing costs, Tate & Lyle announced a price increase for its products in the North American food and beverage solutions sector in September 2019.

In addition, Cargill, Inc. noted in its 2019 annual report that sales for its starch and sweeteners products declined as energy and raw material costs in Europe rose. According to studies, high fructose corn syrup can cause high blood pressure, diabetes, heart disease, weight gain, cancer, fatty liver and liver stress, raised cholesterol levels, and leaky gut syndrome, and higher mercury intake. As a result, consumers are shifting their preferences to alternatives like coconut sugar, raw honey, and stevia, which is projected to stifle industry growth.

Product Insights

With a sales share of 62.0 percent in 2019, high fructose corn syrup led the market. These items have become popular due to their versatility and capacity to improve the texture, colour, quality, and flavour of a variety of foods and beverages. Manufacturers also choose high fructose corn syrup because of its liquid condition, which makes the production process easier and costs less than other caloric sweeteners. In soft drinks, for example, using sugar instead of high fructose corn syrup doubles the cost of the sweetener.

From 2020 to 2027, the fructose syrups segment is expected to grow at the fastest rate of 5.4 percent. The ability of fructose syrups to combine with other substances accounts for the fast growth rate. Dry-mix beverages, flavoured water, low-calorie items, carbonated products, energy drinks, baked goods, chocolate milk, fruit packs, and breakfast cereals all use fructose solids, which are generally generated from maize starch. Fructose solids assist bakery items retain their intended moistness and soft textures for longer.