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: ETC094729 | 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 Vietnam Glucose syrup Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 14.80% in 2027, following an initial rate of 13.00%, before easing to 13.40% at the end of the period.
Vietnam's Glucose syrup market is anticipated to experience a high growth rate of 14.80% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam glucose syrup market is an integral part of the food and beverage industry, finding applications in confectionery, baking, and other food processing sectors. Market dynamics are influenced by factors such as consumer preferences for natural sweeteners, regulatory guidelines, and the evolving landscape of the food industry. Key players in the market navigate challenges related to sourcing raw materials, quality control, and adapting to changing consumer trends.
The Vietnam Glucose Syrup market experiences significant growth, driven by several factors. The food and beverage industry`s expansion, particularly in the confectionery and beverage sectors, acts as a major driver for the demand for glucose syrup. It serves as a key ingredient in various food products, providing sweetness, viscosity, and stability. Additionally, the increasing awareness of health-conscious consumers regarding natural sweeteners and the functionalities of glucose syrup in certain applications contribute to market growth. The growth of the pharmaceutical industry also plays a role, as glucose syrup is utilized in certain medicinal formulations, further fueling its demand.
The Vietnam Glucose Syrup Market encounters challenges that impact its production and market positioning. The market faces stiff competition from alternative sweeteners and sugar substitutes, driven by changing consumer preferences towards healthier options. Rising concerns about the health implications of excessive sugar consumption and the increasing awareness of diabetes contribute to this challenge. Moreover, fluctuations in raw material prices, such as corn, which is a primary source for glucose syrup production, can impact the overall cost structure for manufacturers in this market.
The COVID-19 pandemic has significantly impacted the Vietnam glucose syrup market, causing disruptions across the supply chain. The lockdown measures and restrictions implemented to curb the spread of the virus led to a decline in consumer demand and a slowdown in manufacturing activities. With disruptions in transportation and logistics, the distribution channels faced challenges, affecting the overall market dynamics. Despite the essential nature of food ingredients like glucose syrup, the market experienced a period of uncertainty and fluctuating demand during the initial phases of the pandemic. As the situation gradually stabilizes, the market is expected to witness a recovery, but the long-term effects of the pandemic on consumer behavior and market trends remain to be seen.
The Vietnam Glucose Syrup market witnesses the active participation of key players specializing in the production of this essential sweetener. Companies such as Kim Nghia and Tan Mai are significant contributors to the market, providing glucose syrup for various industries, including food and pharmaceuticals. Their commitment to quality and adherence to industry standards positions them as key players shaping the landscape of the Vietnam Glucose Syrup market.
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 syrup Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Glucose syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Glucose syrup Market - Industry Life Cycle |
3.4 Vietnam Glucose syrup Market - Porter's Five Forces |
3.5 Vietnam Glucose syrup Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Glucose syrup Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Vietnam Glucose syrup Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Vietnam Glucose syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Glucose syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Glucose syrup Market Trends |
6 Vietnam Glucose syrup Market, By Types |
6.1 Vietnam Glucose syrup Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Glucose syrup Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Glucose syrup Market Revenues & Volume, By Corn, 2021-2031F |
6.1.4 Vietnam Glucose syrup Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Vietnam Glucose syrup Market Revenues & Volume, By Barley, 2021-2031F |
6.1.6 Vietnam Glucose syrup Market Revenues & Volume, By Potatoes, 2021-2031F |
6.1.7 Vietnam Glucose syrup Market Revenues & Volume, By Rice, 2021-2031F |
6.1.8 Vietnam Glucose syrup Market Revenues & Volume, By Cassava, 2021-2031F |
6.2 Vietnam Glucose syrup Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Vietnam Glucose syrup Market Revenues & Volume, By Pharma, 2021-2031F |
6.2.4 Vietnam Glucose syrup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Glucose syrup Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Glucose syrup Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Vietnam Glucose syrup Market Revenues & Volume, By Granular, 2021-2031F |
6.3.4 Vietnam Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
6.4 Vietnam Glucose syrup Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Glucose syrup Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Vietnam Glucose syrup Market Revenues & Volume, By Beverage, 2021-2031F |
6.4.4 Vietnam Glucose syrup Market Revenues & Volume, By Confectionery, 2021-2031F |
6.4.5 Vietnam Glucose syrup Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.6 Vietnam Glucose syrup Market Revenues & Volume, By others, 2021-2031F |
7 Vietnam Glucose syrup Market Import-Export Trade Statistics |
7.1 Vietnam Glucose syrup Market Export to Major Countries |
7.2 Vietnam Glucose syrup Market Imports from Major Countries |
8 Vietnam Glucose syrup Market Key Performance Indicators |
9 Vietnam Glucose syrup Market - Opportunity Assessment |
9.1 Vietnam Glucose syrup Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Glucose syrup Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Vietnam Glucose syrup Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Vietnam Glucose syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Glucose syrup Market - Competitive Landscape |
10.1 Vietnam Glucose syrup Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Glucose syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |