Gluten Free Sugar Syrup Market Size, Share & Trends Analysis Report By Product, By Application (Industrial, Direct Human Consumption), By Region, And Segment Forecasts, 2024

Description

Gluten Free Sugar Syrup Market Growth & Trends:

The global gluten free sugar syrup market size is expected to reach USD 1.82 billion by 2030, registering a CAGR of 6.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Major factor attributing the growth is the growing number of gluten intolerant people. Consumer awareness regarding healthy living lifestyle is also attributed to the growth. People are omitting gluten rich foods from their diets to avoid diseases like Irritable Bowel Syndrome (IBS) and celiac diseases among others. By 2018, more than 170 million global population was suffering from celiac diseases, driving consumers to opt for gluten free foods and beverages.

Glucose syrup category was valued to be the largest market accounting for 47.21% of the global market in 2018. It is used to help balance sweetness, enhance flavors, and extend shelf life. Some of the key glucose syrup manufacturers are Cargill, Incorporated, SWEET ADDITIONS, LLC, and Tate & Lyle. Maple syrup is the second largest segment in the global market. This is used as an ingredient in a packaged food or poured on pancakes or oatmeal. Quebec, Canada accounted for 71% of the global maple harvest due to its soil capacity.

Industrial category was valued to be the largest application by accounting over 60% of market share in 2018. Growing consumer awareness regarding gluten free foods is driving companies to use gluten free sugar syrup as an ingredient. Companies are expanding their product line for this category. For instance, The Coca Cola Company has introduced Coke Zero, Diet Coke, Coca-Cola Classic, and other gluten free products.

Direct human consumption category accounted for around 37.67% of the global gluten free sugar syrup market in 2018. It is used to prepare different dishes and cocktails. Under this category independent health store sub category is expected to expand at a CAGR of 8.72% from 2019 to 2025. Consumers prefer this independent health store category due to product varieties. Employee training programs to boost sales is anticipated to further drive the product demand over the forecast period. It has been observed that the U.S. base health stores are operating in online and offline markets to meet the customer demand, for instance, The Better Health Store, The Vitamin Shoppe, and others.

North America is the largest consumer of gluten free sugar product. Around 3.5 million U.S. based consumers are gluten intolerant, driving the market growth. Consumer awareness about celiac disease and the rising trend of leading a healthy lifestyle is driving more people to consume gluten-free diet. Europe is expected to be the fastest growing market with a CAGR of 7.29% from 2019 to 2025. Growing consumer awareness about IBS is attributed to the regional growth.

The market is competitive in nature with the presence of many small and large brands. Some of the major companies are B&G Foods, Inc.; MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Borger GmbH; Skinny Mix; Tereos; and others.

Gluten Free Sugar Syrup Market Report Highlights:

In product segment, the corn syrup segment is expected to witness the fastest CAGR over the forecast period
Glucose syrup segment dominated the market and accounted for a share of 47.3% in 2023
The industrial segment accounted for the largest market revenue share in 2023.
The North America region dominated the market in 2023 with a revenue share of 35.2%. The rising population of people intolerant to gluten is the primary factor influencing the market's growth in this region.

Product Code: GVR-2-68038-895-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation& Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
- 1.5.1. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Gluten Free Sugar Syrup Market Variables, Trends, & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.4.2. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations

Chapter 5. Gluten Free Sugar Syrup Market: Product Estimates & Trend Analysis

5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Gluten Free Sugar Syrup Market Estimates & Forecast, By Product, 2018 - 2030 (USD Million)
5.3. Glucose Syrup
- 5.3.1. Glucose Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Maple Syrup
- 5.4.1. Maple Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Corn Syrup
- 5.5.1. Corn Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Others
- 5.6.1. Other Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Gluten Free Sugar Syrup Market: Application Estimates & Trend Analysis

6.1. Application Movement Analysis & Market Share, 2023 & 2030
6.2. Gluten Free Sugar Syrup Market Estimates & Forecast, By Application, 2018 - 2030 (USD Million)
6.3. Industrial
- 6.3.1. Industrial Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Bakery Products
  - 6.3.2.1. Bakery Products Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Beverages
  - 6.3.3.1. Beverages Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. Prepared Foods
  - 6.3.4.1. Prepared Foods Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Others
  - 6.3.5.1. Other Industrial Application Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Direct Human Consumption
- 6.4.1. Direct Human Consumption Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Grocery Store
  - 6.4.2.1. Grocery Store Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Independent Health Stores
  - 6.4.3.1. Independent Health Stores Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. Clubs and Drugstores
  - 6.4.4.1. Clubs and Drugstores Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Others
  - 6.4.5.1. Other Direct Human Consumption Application Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Gluten Free Sugar Syrup Market: Regional Estimates & Trend Analysis

7.1. G Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
- 7.2.1. North America Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. Key Country Dynamics
  - 7.2.2.2. U.S. Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Key Country Dynamics
  - 7.2.3.2. Canada Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Key Country Dynamics
  - 7.2.4.2. Mexico Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
  - 7.3.2.1. Key Country Dynamics
  - 7.3.2.2. U.K. Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Key Country Dynamics
  - 7.3.3.2. Germany Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. Key Country Dynamics
  - 7.3.4.2. France Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
  - 7.3.5.1. Key Country Dynamics
  - 7.3.5.2. Italy Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Spain
  - 7.3.6.1. Key Country Dynamics
  - 7.3.6.2. Spain Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
  - 7.4.2.1. Key Country Dynamics
  - 7.4.2.2. China Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
  - 7.4.3.1. Key Country Dynamics
  - 7.4.3.2. Japan Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
  - 7.4.4.1. Key Country Dynamics
  - 7.4.4.2. India Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
- 7.5.1. Latin America Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Key Country Dynamics
  - 7.5.2.2. Brazil Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
  - 7.5.3.1. Key Country Dynamics
  - 7.5.3.2. Argentina Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
  - 7.6.2.1. Key Country Dynamics
  - 7.6.2.2. Saudi Arabia Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
  - 7.6.3.1. Key Country Dynamics
  - 7.6.3.2. South Africa Gluten Free Sugar Syrup Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map/ Positioning Analysis
8.4. Strategy Mapping
8.5. Company Profiles
- 8.5.1. B&G Foods, Inc.
  - 8.5.1.1. Company Overview
  - 8.5.1.2. Financial Performance
  - 8.5.1.3. Product Benchmarking
  - 8.5.1.4. Strategic Initiatives
- 8.5.2. Blue Ocean Biotech
  - 8.5.2.1. Company Overview
  - 8.5.2.2. Financial Performance
  - 8.5.2.3. Product Benchmarking
  - 8.5.2.4. Strategic Initiatives
- 8.5.3. CANADIAN ORGANIC MAPLE CO. LTD
  - 8.5.3.1. Company Overview
  - 8.5.3.2. Financial Performance
  - 8.5.3.3. Product Benchmarking
  - 8.5.3.4. Strategic Initiatives
- 8.5.4. Cargill, Incorporated
  - 8.5.4.1. Company Overview
  - 8.5.4.2. Financial Performance
  - 8.5.4.3. Product Benchmarking
  - 8.5.4.4. Strategic Initiatives
- 8.5.5. Gulshan Polyols Ltd.
  - 8.5.5.1. Company Overview
  - 8.5.5.2. Financial Performance
  - 8.5.5.3. Product Benchmarking
  - 8.5.5.4. Strategic Initiatives
- 8.5.6. MONIN
  - 8.5.6.1. Company Overview
  - 8.5.6.2. Financial Performance
  - 8.5.6.3. Product Benchmarking
  - 8.5.6.4. Strategic Initiatives
- 8.5.7. Skinny Mixes.
  - 8.5.7.1. Company Overview
  - 8.5.7.2. Financial Performance
  - 8.5.7.3. Product Benchmarking
  - 8.5.7.4. Strategic Initiatives
- 8.5.8. Tereos
  - 8.5.8.1. Company Overview
  - 8.5.8.2. Financial Performance
  - 8.5.8.3. Product Benchmarking
  - 8.5.8.4. Strategic Initiatives
- 8.5.9. Torani
  - 8.5.9.1. Company Overview
  - 8.5.9.2. Financial Performance
  - 8.5.9.3. Product Benchmarking
  - 8.5.9.4. Strategic Initiatives
- 8.5.10. Whole Earth Brands (Wholesome Sweeteners, Inc.)
  - 8.5.10.1. Company Overview
  - 8.5.10.2. Financial Performance
  - 8.5.10.3. Product Benchmarking
  - 8.5.10.4. Strategic Initiatives

Gluten Free Sugar Syrup Market Size, Share & Trends Analysis Report By Product, By Application (Industrial, Direct Human Consumption), By Region, And Segment Forecasts, 2024 - 2030