| Product Code: ETC094726 | Publication Date: Jun 2021 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Singapore glucose syrup market, the import trend showed a 4.39% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 5.79% for the period 2020-2024. This import momentum can be attributed to a consistent demand shift towards glucose syrup-based products, indicating market stability and sustained consumer interest in such goods.

The Glucose syrup market in Singapore is projected to grow at a growing growth rate of 5.07% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Glucose syrup is a versatile sweetener used in the food and beverage industry. In Singapore, the market for glucose syrup is influenced by the demand for confectionery, bakery, and beverage products. As consumers seek cleaner labels and healthier alternatives to traditional sweeteners, manufacturers are exploring glucose syrup as an ingredient with lower fructose content. The market is expected to evolve with changing consumer preferences, and innovative formulations may drive its growth in various food applications.
The glucose syrup market in Singapore is expected to witness steady growth. Glucose syrup is used in various industries, including food and beverage, pharmaceuticals, and confectionery. The food industry`s demand for sweeteners and thickeners, along with the pharmaceutical sector`s need for excipients, contributes to the market`s stability. Singapore stringent quality standards and efficient distribution channels support the growth of the glucose syrup market.
The Singapore glucose syrup market faces various challenges, impacting its production and consumption patterns. One significant challenge is the rising awareness of the health implications of excessive sugar consumption, including glucose syrup. Health-conscious consumers are increasingly seeking healthier alternatives, such as natural sweeteners or low-calorie options, which can impact the demand for glucose syrup. Additionally, the regulatory environment for food and beverage ingredients is becoming more stringent, with stricter labeling and health claims requirements. Manufacturers must navigate these regulations to remain compliant and meet consumer expectations.
The glucose syrup market in Singapore saw mixed effects during the pandemic. While there was increased demand from the food and beverage industry for products like sweeteners and additives, disruptions in the supply chain and logistics impacted the market. The increased health-consciousness of consumers also influenced the demand for healthier alternatives. Post-pandemic, the market is anticipated to recover, driven by the food industry`s need for versatile and cost-effective ingredients.
The Singapore glucose syrup market is characterized by a few prominent players that have established a strong foothold. Leading companies like Global Sweeteners Holdings Limited and Cargill Asia Pacific Holdings have been pivotal in driving the market forward. Their expertise in producing high-quality glucose syrups for various industries, including food and beverage, pharmaceuticals, and confectionery, has been a cornerstone of their success. The market has seen steady growth owing to the versatile applications of glucose syrup in a wide range of products.
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 Singapore Glucose syrup Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Glucose syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Glucose syrup Market - Industry Life Cycle |
3.4 Singapore Glucose syrup Market - Porter's Five Forces |
3.5 Singapore Glucose syrup Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Singapore Glucose syrup Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Singapore Glucose syrup Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Singapore Glucose syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Glucose syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Glucose syrup Market Trends |
6 Singapore Glucose syrup Market, By Types |
6.1 Singapore Glucose syrup Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Singapore Glucose syrup Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Singapore Glucose syrup Market Revenues & Volume, By Corn, 2021-2031F |
6.1.4 Singapore Glucose syrup Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Singapore Glucose syrup Market Revenues & Volume, By Barley, 2021-2031F |
6.1.6 Singapore Glucose syrup Market Revenues & Volume, By Potatoes, 2021-2031F |
6.1.7 Singapore Glucose syrup Market Revenues & Volume, By Rice, 2021-2031F |
6.1.8 Singapore Glucose syrup Market Revenues & Volume, By Cassava, 2021-2031F |
6.2 Singapore Glucose syrup Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Singapore Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Singapore Glucose syrup Market Revenues & Volume, By Pharma, 2021-2031F |
6.2.4 Singapore Glucose syrup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Glucose syrup Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Singapore Glucose syrup Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Singapore Glucose syrup Market Revenues & Volume, By Granular, 2021-2031F |
6.3.4 Singapore Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
6.4 Singapore Glucose syrup Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Singapore Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Singapore Glucose syrup Market Revenues & Volume, By Beverage, 2021-2031F |
6.4.4 Singapore Glucose syrup Market Revenues & Volume, By Confectionery, 2021-2031F |
6.4.5 Singapore Glucose syrup Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.6 Singapore Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
7 Singapore Glucose syrup Market Import-Export Trade Statistics |
7.1 Singapore Glucose syrup Market Export to Major Countries |
7.2 Singapore Glucose syrup Market Imports from Major Countries |
8 Singapore Glucose syrup Market Key Performance Indicators |
9 Singapore Glucose syrup Market - Opportunity Assessment |
9.1 Singapore Glucose syrup Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Singapore Glucose syrup Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Singapore Glucose syrup Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Singapore Glucose syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Glucose syrup Market - Competitive Landscape |
10.1 Singapore Glucose syrup Market Revenue Share, By Companies, 2024 |
10.2 Singapore Glucose syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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