Product Code: ETC126038 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Glucose Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.92% in 2027, following an initial rate of 13.13%, before easing to 13.44% at the end of the period.
By 2027, Vietnam's Glucose market is forecasted to achieve a high growth rate of 14.92%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Vietnam glucose market has witnessed substantial growth in recent years, driven by the country`s expanding food and beverage industry and the increasing demand for sweeteners in various applications. Glucose, a simple sugar derived from corn starch, is widely used as a sweetener and food additive in the food processing sector. As Vietnam experiences population growth, rising disposable incomes, and changes in consumer preferences, the demand for glucose as a versatile and cost-effective sweetener has been on the rise.
Several factors have contributed to the growth of the glucose market in Vietnam. Firstly, the country`s growing urbanization and busy lifestyles have led to an increased consumption of processed and convenience foods, which often contain glucose as a sweetening agent. Secondly, the popularity of bakery and confectionery products in Vietnam has driven the demand for glucose as a key ingredient in the manufacturing of various sweets and treats. Moreover, the food and beverage industry`s focus on product innovation and the development of low-calorie and healthier sweetening options has further boosted the use of glucose in various food and beverage formulations.
Despite its growth, the Vietnam glucose market faces certain challenges. One of the primary challenges is the competition from alternative sweeteners, such as high fructose corn syrup (HFCS), which is also used in various food and beverage products. Additionally, increasing health concerns related to excessive sugar consumption have led to a shift in consumer preferences towards natural and healthier sweeteners, posing challenges for glucose manufacturers to address these changing demands.
The outbreak of the Covid-19 pandemic had implications for the Vietnam glucose market. The pandemic led to changes in consumer spending and preferences, with increased demand for packaged and processed foods during periods of lockdown and social distancing. This may have influenced the demand for glucose used in various food products. Moreover, disruptions in the supply chain and production processes during the pandemic may have impacted the availability and pricing of glucose. The pandemic also emphasized the importance of e-commerce and digital marketing for glucose manufacturers and retailers to reach consumers during periods of restricted movement and reduced foot traffic in traditional retail outlets.
Vietnam Glucose |
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 Vietnam Glucose Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Glucose Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Glucose Market - Industry Life Cycle |
3.4 Vietnam Glucose Market - Porter's Five Forces |
3.5 Vietnam Glucose Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Glucose Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Vietnam Glucose Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Glucose Market Trends |
6 Vietnam Glucose Market, By Types |
6.1 Vietnam Glucose Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Glucose Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Glucose Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.4 Vietnam Glucose Market Revenues & Volume, By Corn, 2021-2031F |
6.1.5 Vietnam Glucose Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Glucose Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Glucose Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 Vietnam Glucose Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Vietnam Glucose Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Glucose Market Import-Export Trade Statistics |
7.1 Vietnam Glucose Market Export to Major Countries |
7.2 Vietnam Glucose Market Imports from Major Countries |
8 Vietnam Glucose Market Key Performance Indicators |
9 Vietnam Glucose Market - Opportunity Assessment |
9.1 Vietnam Glucose Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Glucose Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Vietnam Glucose Market - Competitive Landscape |
10.1 Vietnam Glucose Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Glucose Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |