Corn Syrup is prepared from the starch of corn that contains different amounts of maltose and oligosaccharides which depends on the grade. In confectioners, it is also called as glucose syrup owing to its use in food to soften texture, enhance flavour and prevent sugar crystallization. It is also used to retain moisture, as thickener and sweetener in commercially prepared foods.
Corn syrup solids are prepared from the liquid corn syrup through a process that removes 97% of the water from the liquid. In some areas, it is mistaken for high-fructose corn syrup that is prepared from corn syrup by converting glucose into fructose using an enzyme. Due to the higher levels of fructose, it produces a sweeter compound. Corn syrup is used as a primary ingredient in the mass-produced foods like candies, pancakes, soft drinks and fruit drinks. It can be used as sugar glass, when it is mixed with sugar, water and tartar cream.
Factors like high demand for the confectionary foods, high investments in the government organizations and private companies in the food industry, new product innovation and technology development in the food and beverages, rise in coffeehouses and restaurants in the developing countries, increase in disposable income, favourable government policies in the food industry, changing lifestyles and growing people awareness about food ingredients are driving the Global Corn Syrup Solids Market. However, lack of awareness about corn syrup solids and high cost are hindering the growth of the market.
The Global Corn Syrup Solids Market is segmented on the basis of product type, application and region. Based on the product type, the market is segmented into Corn syrup solids, Corn syrup solid maltodextrin and Low-calorie corn syrup solid. Depending on the application, the market is segmented into personal use, restaurants, companies, coffeehouses, convenience stores, supermarkets and others. The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America have the largest share in terms of revenue due to the high demand of confectionary foods in this area, growing attention towards enhancing food taste and presence of large companies in this region. However, Asia-Pacific region grow with highest CAGR during the forecast period owing to the increase in per capita income, growing demographics and emerging economies like China and India.
Application • Introduction • Personal use • Restaurants • Companies • Coffeehouses • Convenience Stores • Supermarkets • Others • Y-o-Y Growth Analysis, By Application • Market Attractiveness Analysis, By Application • Market Share Analysis, By Application
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