Global High Fructose Corn Syrup Market to surpass US$ 6.28 billion by 2025

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High Fructose Corn Syrup Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
High Fructose Corn Syrup Market Overview
High fructose corn syrup (HFCS) is a liquid
sweetener, used as a replacement of sucrose
(common table sugar), and finds wide application
in the food and beverage industry. High fructose
corn syrup is made from corn, which is obtained
through wet milling process. High fructose corn
syrup is highly preferred compared to granulated
sugar due to its manufacturing advantages such as
cost effectiveness and easy handling. United
States Food and Drug Administration (USFDA) has
viewed HFCS as safe, dependable and trusted
component by the food and beverage industry.
However, rise in consumption of low calorie foods
and beverage items is one of the major factors
restraining the growth of the market at present.
Moreover, excess consumption of added sugar in
any form, including HFCS, can pose several
negative effects on human health such as obesity,
which is another major factor responsible for the
slowdown of the high fructose corn syrup
market. HFCS 42 is the most widely used type
with a market share of 42.01 in 2016, and is
expected to lead the market throughout the
forecast period followed by HFCS 55. It signifies
that the syrup is made of 42 or 55 fructose,
while the remaining sugars being glucose.
According to the United States Department of
Agriculture (USDA), around 90 of HFCS that is
produced in the U.S is sold to the beverage
industry.
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REPORT DESCRIPTION
The beverage industry was the major end user of
high fructose corn syrup in 2016 and is expected
to retain market dominance throughout the
forecast period. According to Coherent Market
Insights, approximately two-third of the high
fructose corn syrup consumed in the U.S. is in
the form of beverages. North America was the
leading region in the global high fructose corn
syrup market in 2016, with a revenue of US 1.70
billion in the same year, and it expected to
retain its supremacy throughout the forecast
period. U.S. was the major contributor to the
growth of this market in North America and is
expected to continue its dominance throughout the
forecast period. According to USDA, Economic
Research Services, the U.S. exported more than
1.124 million metric tons (dry weight basis) of
HFCS in the third quarter of 2017, while it
exported 1.121 million metric tons (dry weight
basis) of HFCS to all countries in 2016. Europe
was the second-largest market for high fructose
corn syrup in 2016 with a market share of 25.29
in the same. However the share is expected to
decrease over the forecast period, owing to the
stringent government regulations. In 2016, the
European Commission announced to reduce the added
sugar content across 11 product categories by 10
in 2020. For instance, in 2016, the European Soft
Drinks Industry, announced to reduce added sugars
by 10 by 2020. Ask for detailed Sample of the
Research Report _at_ https//www.coherentmarketinsigh
ts.com/insight/request-sample/1227

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REPORT DESCRIPTION
Asia Pacific accounted for a favorable market
share for high fructose corn syrup in 2016. The
growth is attributed to the increase in the
intake of sweetened food and beverages.
Carbonated beverages recorded an impressive
growth in Asia Pacific. The Coca Cola Company in
China recorded volume consumption of 4.06 million
tons in 2017, which marked an increase by 18
from 2016. Major players in the global high
fructose corn syrup market include Archer Daniels
Midland Company, Cargill Inc., Tate Lyle Plc,
Global Sweeteners Holdings Limited, Ingredion
Incorporated, Showa Sangyo, Japan Corn Starch
Co., Ltd., Kerry Group Plc and COFCO Rongshi
Bio-technology Co. Ltd among others Some of the
key strategies adopted by these companies include
extensive research and development activities,
tactical mergers and acquisitions, joint ventures
and partnerships and geographical expansions
among others. In 2017, Japan Corn Starch Co. Ltd.
successfully developed a new product, HFCS 70.
This product maintains the body equal to fructose
glucose liquid sugar used in many soft
drinks. To Get Discount on this Report
https//www.coherentmarketinsights.com/insight/req
uest-discount/1227
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