Zion Market Research, the market research group announced the analysis report titled ‘High Fructose Corn Syrup (HFCS) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’.

Sarasota, FL -- (SBWire) -- 11/20/2017 --High Fructose Corn Syrup (HFCS) Market: Overview

The high fructose corn syrup is a type of liquid sweetener that makes use of a special form of corn syrup which is used as an alternative to the sucrose in the foods and beverages sector. By making use of the process wet milling, the corn is used for the preparation of the high fructose corn. It contains a major portion of fructose and the remaining is sugars.

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In the year 2014, the United States Food and Drug Administration (FDA) approved the high fructose corn syrup as a safe food ingredient. In the later years, there were some concerns raised against the contents of the HFCS. But now in the year 2017, FDA, USDA, and the US Centers for Disease Control have given it a clean chit and do not mention any traces of mercury.

The global market for the high fructose corn syrup is fragmented into its applications and regions. On the basis of the application, the global market is segregated into food and beverages sector and the pharmaceutical sector. The high fructose corn syrup is used in the food and the beverages sector for baking, dairy, ice-cream, carbonated soft drinks, desserts, cereal product, canning, condiments, and confections. The geographical segmentation of the high fructose corn syrup market includes Western Europe, Latin America, Asia Pacific, the Middle East and Africa, Eastern Europe, and North America.

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There is an increased use of the high fructose corn syrup in the beverage sector, especially in the acidic beverages. The liquid form of the high fructose corn syrup is used more widely than the granulated form owing to the benefits that the liquid form is easy to handle and transport. As fructose is sweeter and is also cost-effective thus increasing its demand in the food sector. The demand for the high fructose corn syrup is more than the granulated sucrose as it has good stability and it is easy for supplying and handling purposes. The raw material corn is grown abundantly in all the regions thus having no issues related to the production of the high fructose corn syrup. In the food and the beverage industry, the high fructose corn syrup is widely used as a sweetening agent. It is a good alternative for honey and sugar thus being widely adopted by the consumers.

The region that is leading the high fructose corn syrup market is the North America. Especially, in the U.S., the growing demand for the high fructose corn syrup in the food sector has contributed significantly to the growth of the market. The other factors that support the market growth in this region are there is an increased production of the corn and the change in the lifestyle patterns. In the regions such as Asia Pacific and Europe, the market is growing at a rapid pace owing to the developing food industry.

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Market by Competitive Players

The key market players that are involved in the high fructose corn syrup market include Cargill Inc., Tate & Lyle, Archer Daniels Midland Company, Ingredion Incorporated.

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