FRUCTOSE MARKET ANALYSIS

Regional Analysis

Market Outlook

• North America is a major consumer in the fructose market. The demand for fructose based products has increased due to the ever increasing population and the health issues posed by synthetic artificial sweeteners. HFCS has replaced sugar as sweetener in various products such as beverages and processed food products in the U.S.
• Asia Pacific is home to two of the most populous countries in the world. The rapidly growing population coupled with a swiftly thriving economy has seen an increasing demand for fructose in these economies. China and India have the largest cases for diabetes among emerging economies, which could lead to an increasing demand for fructose based products in these regions. Japan is another major HFCS consumer in Asia-pacific.
• Latin America is an upcoming region for the fructose market. Brazil, Chile and Argentina are expected to sustain the demand from South America region, due to its increasing population. Increasing discretionary income in the region in turn is expected to increase consumer spending on sugar-free drinks and beverages.
• In the African regions, concerns about well-being and nourishment are fairly emerging and diet products have less market penetration, as a result of which the fructose market is experiencing an upward growth trajectory. According to Agribenchmark, a Global Non-Profit Agriculture Association, HCFS is expected to account for 30% of the European sugar content after the removal of quotas in 2017.