Market Forecast By Source (Corn, Wheat, Barley, Potatoes, Rice, Cassava, others), By Grade (Food, Pharma, Others), By Form (Liquid, Granular, others), By Application (Food, Beverage, Confectionery, Pharmaceuticals, others) And Competitive Landscape
Product Code: ETC094731 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bangladesh Glucose syrup Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 12.79% in 2025, growth builds up to 16.51% by 2029.
By 2027, the Glucose syrup market in Bangladesh is anticipated to reach a growth rate of 13.92%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Report Name | Bangladesh Glucose Syrup Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Food and Beverage, Pharmaceuticals |
The Bangladesh Glucose Syrup Market report thoroughly covers the market by Applications, Source, Grade and Form. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers that would help stakeholders devise and align their strategies according to the current and future market dynamics.
The Bangladesh glucose syrup market is expanding due to the growing consumption of sweeteners in food and beverage production. The market is driven by the increased production of soft drinks, candies, and ice creams, which use glucose syrup as a key ingredient. Moreover, its use in the pharmaceutical sector for drug formulations enhances its demand. However, challenges such as fluctuating raw material prices and health concerns related to excessive sugar consumption could hinder market growth. Despite these challenges, ongoing innovations in low-calorie glucose syrup and increased awareness regarding natural sweeteners may present new opportunities for market players.
According to 6Wresearch, the Bangladesh Glucose Syrup Market revenue is expected to grow significantly at a CAGR of 5.8% during the forecast period 2025-2031.The Bangladesh glucose syrup market is experiencing growth driven by several key factors. One of the primary drivers is the rising demand in the food and beverage industry, where glucose syrup is widely used as a sweetener, thickening agent, and preservative. With the country's growing population and urbanization, there is increasing consumption of processed and convenience foods, which has significantly fueled the market. Additionally, the expansion of pharmaceutical and cosmetic industries in Bangladesh has further contributed to the rising demand for glucose syrup, as it is a critical ingredient in various products.
Despite these growth drivers, the market faces several challenges. One significant issue is the dependency on imported raw materials, which makes the industry vulnerable to global price fluctuations and supply chain disruptions. Local manufacturers often struggle with high production costs, limiting their competitiveness against imported products. Furthermore, a lack of advanced technology and infrastructure poses a barrier to scaling up local production. Addressing these challenges will be crucial for sustaining and expanding the glucose syrup market in Bangladesh.
Growing Demand for Natural Sweeteners- The shift toward healthier alternatives is driving demand for organic and low-calorie glucose syrup.
Rising Use in Pharmaceuticals- Increasing application in the pharmaceutical sector for syrups and medicinal formulations is boosting market growth.
Expanding Bakery and Confectionery Sector- The growing processed food industry in Bangladesh is fueling the demand for glucose syrup.
Expansion of Local Manufacturing Facilities- Government support for local production is encouraging new investments.
Technological Advancements in Processing- Improved refining and enzymatic conversion methods offer cost-effective production solutions.
Growth in Export Potential- Rising demand for glucose syrup in neighboring countries presents export opportunities.
Prominent players in the Bangladesh glucose syrup market include Meghna Group of Industries, Sajeeb Group, Pran Foods Ltd., and Global Sweeteners Holdings. These companies focus on expanding their product portfolio, improving refining processes, and collaborating with food and beverage manufacturers to increase market penetration.
Government regulations in the Bangladesh glucose syrup market play a crucial role in ensuring food safety and quality standards. Authorities have implemented guidelines on sugar content, production processes, and labeling to align with international health regulations. Efforts are also being made to reduce excessive sugar consumption by promoting alternative sweeteners. Additionally, policies encouraging domestic production and reducing import dependency are fostering market growth while maintaining regulatory compliance.
The Bangladesh glucose syrup market is set for continued expansion, driven by the rising demand for sweeteners in the food and beverage industry. Advances in production technology, increasing consumer preference for processed foods, and supportive government policies will contribute to market growth. Moreover, innovations in healthier glucose syrup variants, such as low-glycemic and organic options, are expected to gain traction. Collaborative efforts between manufacturers and food producers will further enhance product offerings, making glucose syrup a key ingredient in Bangladesh's growing food processing sector.
The beverages industry in Bangladesh has witnessed a growing demand for glucose syrup as a key ingredient in various products. Glucose syrup is widely used in the production of soft drinks, energy drinks, and flavored beverages due to its ability to enhance sweetness, improve texture, and act as a quick source of energy. With the increasing popularity of ready-to-drink beverages and an expanding middle-class population, the market for glucose syrup in this sector is steadily rising. Local manufacturers and international suppliers are actively contributing to meeting this demand, making glucose syrup a significant component in the Bangladeshi beverage market.
The liquid form of glucose syrup has become particularly prominent in the Bangladeshi market due to its ease of use and versatility. Liquid glucose syrup is favored by manufacturers for its ability to blend seamlessly into beverage formulations, ensuring consistent flavor and sweetness levels. Additionally, its liquid state reduces the processing time, making it highly efficient for mass production. This convenience, coupled with its extended shelf life and stability, has made liquid glucose syrup a preferred choice for both small-scale and large-scale producers. Its adaptability also allows for innovation in beverage recipes, enabling the creation of unique and appealing flavors tailored to local and international tastes.
The pharmaceutical industry in Bangladesh has also emerged as a key user of glucose syrup, utilizing it in various applications. Glucose syrup is commonly used as an excipient in the production of syrups, tablets, and other medicinal formulations due to its non-toxic nature and functional properties. Its exceptional binding and stabilizing characteristics make it an ideal ingredient for oral pharmaceutical products, ensuring proper consistency and effectiveness. Furthermore, its inherent sweetness is beneficial in masking unpleasant tastes, enhancing the palatability of liquid medicines, particularly for pediatric patients. This increasing demand for glucose syrup within the pharmaceutical sector reflects its indispensable role in developing high-quality, consumer-friendly medicinal products.
Wheat plays a significant role in the glucose syrup market in Bangladesh as a primary raw material for production. Wheat-based glucose syrup is highly favored for its versatility, affordability, and steady availability. This type of syrup is extensively utilized in the food and beverage industry, particularly for products requiring sweetening, thickening, or textural enhancement. The reliance on wheat in manufacturing also aligns with the goal of utilizing locally accessible resources, which helps reduce production costs and promotes sustainability. Additionally, wheat-derived glucose syrup is valued for its consistent quality and nutritional properties, making it a preferred choice for various industrial applications. The ongoing advancements in processing techniques ensure the efficient extraction of glucose from wheat, further reinforcing its position in the market.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Glucose syrup Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Glucose syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Glucose syrup Market - Industry Life Cycle |
3.4 Bangladesh Glucose syrup Market - Porter's Five Forces |
3.5 Bangladesh Glucose syrup Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Bangladesh Glucose syrup Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Bangladesh Glucose syrup Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Bangladesh Glucose syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Glucose syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Glucose syrup Market Trends |
6 Bangladesh Glucose syrup Market, By Types |
6.1 Bangladesh Glucose syrup Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Glucose syrup Market Revenues & Volume, By Source, 2021 - 2031F |
6.1.3 Bangladesh Glucose syrup Market Revenues & Volume, By Corn, 2021 - 2031F |
6.1.4 Bangladesh Glucose syrup Market Revenues & Volume, By Wheat, 2021 - 2031F |
6.1.5 Bangladesh Glucose syrup Market Revenues & Volume, By Barley, 2021 - 2031F |
6.1.6 Bangladesh Glucose syrup Market Revenues & Volume, By Potatoes, 2021 - 2031F |
6.1.7 Bangladesh Glucose syrup Market Revenues & Volume, By Rice, 2021 - 2031F |
6.1.8 Bangladesh Glucose syrup Market Revenues & Volume, By Cassava, 2021 - 2031F |
6.2 Bangladesh Glucose syrup Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Glucose syrup Market Revenues & Volume, By Food, 2021 - 2031F |
6.2.3 Bangladesh Glucose syrup Market Revenues & Volume, By Pharma, 2021 - 2031F |
6.2.4 Bangladesh Glucose syrup Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Bangladesh Glucose syrup Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Glucose syrup Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.3.3 Bangladesh Glucose syrup Market Revenues & Volume, By Granular, 2021 - 2031F |
6.3.4 Bangladesh Glucose syrup Market Revenues & Volume, By others, 2021 - 2031F |
6.4 Bangladesh Glucose syrup Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Glucose syrup Market Revenues & Volume, By Food, 2021 - 2031F |
6.4.3 Bangladesh Glucose syrup Market Revenues & Volume, By Beverage, 2021 - 2031F |
6.4.4 Bangladesh Glucose syrup Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.4.5 Bangladesh Glucose syrup Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4.6 Bangladesh Glucose syrup Market Revenues & Volume, By others, 2021 - 2031F |
7 Bangladesh Glucose syrup Market Import-Export Trade Statistics |
7.1 Bangladesh Glucose syrup Market Export to Major Countries |
7.2 Bangladesh Glucose syrup Market Imports from Major Countries |
8 Bangladesh Glucose syrup Market Key Performance Indicators |
9 Bangladesh Glucose syrup Market - Opportunity Assessment |
9.1 Bangladesh Glucose syrup Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Bangladesh Glucose syrup Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Bangladesh Glucose syrup Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Bangladesh Glucose syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Glucose syrup Market - Competitive Landscape |
10.1 Bangladesh Glucose syrup Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Glucose syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |