The global glucose syrup market size was valued at USD 3.3 billion in 2018 and is anticipated to expand at a healthy CAGR over the forecast period. Escalating demand for convenience food and growing usage of glucose syrup in baked food items like candies are some of the factors propelling the market growth. Industries such as confectionery, pharmaceuticals, and food and beverages require glucose syrup as a sweetener. Furthermore, glucose syrups are used for the production of ice creams, chewing gums, chocolates, and canned foods owing to rising demand for sugar replacers.
　　Glucose syrup is gaining popularity owing to its long shelf life. Moreover, it offers a better alternative to conventional granular sugar. Nontoxicity, anti-crystal, anti-freezing humectant (an element that retains moisture and maintains freshness), and preservative properties are driving the demand for glucose syrup. The application of glucose syrup as a thickener is increasing apart from a sweetener. Additionally, glucose syrup varnishes a food-grade by giving a glaze to it, thereby increasing the organoleptic value of the grade.
Similar to Starch, glucose syrup has a multiple choice of raw material. In the Figure 6 is illustrated the global usage based on the products.