Product Code: ETC094725 | 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 Malaysia Glucose syrup Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 9.00% in 2025, growth builds up to 10.80% by 2029.
Malaysia's Glucose syrup market is anticipated to experience a growing growth rate of 9.95% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The glucose syrup market in Malaysia has witnessed good growth over recent years with a CAGR of 4.6% over the forecast period. The key drivers behind this expansion have been increased use of sweeteners across various food & beverage categories such as confectionery items and bakery products. In 2025, it is estimated that glucose syrups generated a total revenue worth MYR 101 million (US$24million), while its consumption stood at 21 thousand tons during the same year.
The glucose syrup market in Malaysia is anticipated to witness steady growth due to the demand from the food and beverage, confectionery, and pharmaceutical industries. Glucose syrup is widely used as a sweetener, thickener, and humectant in various applications. The growing food processing industry and the need for efficient sweetening solutions will drive the demand for glucose syrup. Moreover, the expanding confectionery and bakery sectors and the use of glucose syrup in pharmaceutical formulations will further contribute to market growth. However, market growth may be hindered by the presence of alternative sweeteners and the impact of raw material price fluctuations.
The glucose syrup market in Malaysia faces certain challenges that may impact its growth and market share. One of the significant challenges is the competition from other sweeteners and alternative sugar substitutes used in various industries, including food and beverage, pharmaceuticals, and personal care. Glucose syrup is widely used as a sweetener and food additive, but there may be alternative sweeteners that can meet the same requirements. Additionally, the need for healthier and low-calorie alternatives can impact the demand for glucose syrup. Moreover, changing consumer preferences and dietary trends can pose challenges for the glucose syrup market. To address these challenges, the industry needs to focus on product diversification, explore new applications, and invest in research and development for healthier glucose syrup formulations.
The Malaysia glucose syrup market experienced fluctuations during the pandemic, with disruptions in the food and beverage industry. Glucose syrup is widely used as a sweetener and thickening agent. As the foodservice industry revives and consumer spending increases, the demand for glucose syrup is expected to recover, driven by the growing food processing sector.
The Malaysia glucose syrup market is highly fragmented and consists of numerous players operating in the country, including Cargill Inc., Archer Daniels Midland Company, Tate & Lyle PLC, Ingredion Incorporated (formerly Corn Products International), and Roquette Fr?res among others.
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 Malaysia Glucose syrup Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Glucose syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Glucose syrup Market - Industry Life Cycle |
3.4 Malaysia Glucose syrup Market - Porter's Five Forces |
3.5 Malaysia Glucose syrup Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Malaysia Glucose syrup Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Malaysia Glucose syrup Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Malaysia Glucose syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Glucose syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Glucose syrup Market Trends |
6 Malaysia Glucose syrup Market, By Types |
6.1 Malaysia Glucose syrup Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Glucose syrup Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Malaysia Glucose syrup Market Revenues & Volume, By Corn, 2021-2031F |
6.1.4 Malaysia Glucose syrup Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Malaysia Glucose syrup Market Revenues & Volume, By Barley, 2021-2031F |
6.1.6 Malaysia Glucose syrup Market Revenues & Volume, By Potatoes, 2021-2031F |
6.1.7 Malaysia Glucose syrup Market Revenues & Volume, By Rice, 2021-2031F |
6.1.8 Malaysia Glucose syrup Market Revenues & Volume, By Cassava, 2021-2031F |
6.2 Malaysia Glucose syrup Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Malaysia Glucose syrup Market Revenues & Volume, By Pharma, 2021-2031F |
6.2.4 Malaysia Glucose syrup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Malaysia Glucose syrup Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Glucose syrup Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Malaysia Glucose syrup Market Revenues & Volume, By Granular, 2021-2031F |
6.3.4 Malaysia Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
6.4 Malaysia Glucose syrup Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Malaysia Glucose syrup Market Revenues & Volume, By Beverage, 2021-2031F |
6.4.4 Malaysia Glucose syrup Market Revenues & Volume, By Confectionery, 2021-2031F |
6.4.5 Malaysia Glucose syrup Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.6 Malaysia Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
7 Malaysia Glucose syrup Market Import-Export Trade Statistics |
7.1 Malaysia Glucose syrup Market Export to Major Countries |
7.2 Malaysia Glucose syrup Market Imports from Major Countries |
8 Malaysia Glucose syrup Market Key Performance Indicators |
9 Malaysia Glucose syrup Market - Opportunity Assessment |
9.1 Malaysia Glucose syrup Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Malaysia Glucose syrup Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Malaysia Glucose syrup Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Malaysia Glucose syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Glucose syrup Market - Competitive Landscape |
10.1 Malaysia Glucose syrup Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Glucose syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |