Global High Fructose Corn Syrup Market Size, Share, Opportunities, And Trends By Type (HFCS 42, HFCS 55, Others), By Applications (Food And Beverages, Pharmaceuticals, Animal Feed, Others), By Distribution Channel (Offline, Online), And By Geography- Forecast From 2025 To 2030
- Published : Jan 2025
- Report Code : KSI061613929
- Pages : 151
High Fructose Corn Syrup Market Size:
The high fructose corn syrup (HFCS) market is estimated at US$9,558.273 million by 2025, growing at a CAGR of 1.39% to reach US$10,240.689 million by 2030.
High Fructose Corn Syrup Market Highlights:
- Increasing food industry demand is driving high fructose corn syrup market growth.
- Growing beverage sector is boosting HFCS use in soft drinks and juices.
- Asia-Pacific is witnessing rapid expansion due to food processing industry growth.
- Advancing product innovation is enhancing HFCS quality and application versatility.
- Rising import activities are supporting HFCS availability in North America.
- Expanding online distribution is improving access to HFCS for manufacturers.
- Evolving health concerns are pushing companies to explore natural sugar alternatives.
High Fructose Corn Syrup Market Trends:
It is known as a sweetener formed from corn starch. The starch is converted into glucose during the production process using enzymes. The glucose is then further processed to make fructose. It is similar to sucrose, which is also known as table sugar. High fructose corn syrup (HFCS) is recognized for its sweetening applications in the food and beverage industry. In recent years, pharmaceutical companies have also invested a substantial amount of capital in the research and development of HFCS-based applications.
HFCS is one of the most versatile products on the market. It is used to maintain color and quality while enhancing the flavor and taste of various food and beverage products. It is affordable and readily available. The average price of HFCS is lower than that of other sweeteners, such as glucose. According to the NECG analysis, the cost of HFCS in soft drinks is half that of sugar sweeteners. This allows food and beverage manufacturers to increase profits or invest more in product enhancement. Companies are competing against each other to develop and improve the quality of their products, investing significant capital in innovation, development, and patenting.
In 2017, Japan Corn Starch Co., Ltd., one of the major players in the HFCS market, announced that it had developed a new product known as “HFCS 70,” which ensures that soft drinks maintain the sweetness of fructose while preserving the same composition as liquid sugar. The product is registered as a patent. HFCS has become a crucial component of the bakery and beverage segments, used to stabilize food and beverage products and increase their longevity. It maintains texture and color while providing freshness to consumers' food. Competitive pricing plays a significant role in the growth of the market, with favorable export and import tariffs worldwide positively affecting market dynamics.
According to the World Integrated Trade Solution (WITS), the top importers of fructose and fructose syrup in 2023 were Mexico imported 482,562,000 Kg, the United States imported 108,003,000 Kg, Canada imported 92,768,800 Kg, followed by the European Union, with 23,292,900 Kg, and Germany, which had 28,196,500 Kg.
High Fructose Corn Syrup Market Growth Drivers:
- Demand for sweeteners in the food and beverage industry
The growing food and beverages industry worldwide has generated demand for high fructose corn syrup (HFCS). The most common forms of HFCS contain either 42 percent or 55 percent fructose. These are referred to in the industry as HFCS 42 and HFCS 55. HFCS 42 is mainly used in processed foods, cereals, baked goods, and some beverages. HFCS 55 is used primarily in soft drinks. The growth of the food and beverages industry globally has created increased application of sweeteners, including HFCS.
High Fructose Corn Syrup Market Geographical Outlook:
- The high fructose corn syrup market is segmented into five regions worldwide
By geography, the high fructose corn syrup market is segmented into North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Major economies such as China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies in this region include the ASEAN countries.
The Asia Pacific region is expected to see notable growth, propelled by expansion in the food and beverage sector. According to the India Brand Equity Foundation (IBEF), India is the most populous country in the world. The growing consumption of food is projected to reach USD 1.2 trillion by 2025-26, driven by urbanization and changing consumption patterns. The market size of the food processing sector in India is estimated to reach USD 1,274 billion by 2027. China is also witnessing strong growth in its food processing industry, with the value of food production growing by 2.9 percent in 2023. The demand for food ingredients in China will remain strong due to the processing industry.
North America holds a significant share of the market. According to data from the USDA, the import forecast for MY 2022/23 is 876,000 metric tons for Mexico, which is expected to climb to 900,000 metric tons in MY 2023/24. As of February 2024, Mexico imported 379,724 metric tons of dry weight HFCS, which is 10 percent higher than in MY 2022/23. Factors driving HFCS demand include increased domestic sugar prices and the soluble nature of HFCS in the country.
High Fructose Corn Syrup Market Restraints:
- The overconsumption of fructose has various health effects and implications. It causes obesity, harms blood pressure, and has liver effects. With the consumer's awareness and preferences, natural sugars are becoming a substitute for HFCS. McDonald’s replaced HFCS with table sugar in their burgers and buns. Various companies are using conventional sugar as a replacement for HFCS. There is a difference in taste between table sugar and HFCS. Some countries use table sugar in their soft drinks and beverages, which has impacted the corn syrup market. It is also harmful to beekeeping as it releases toxic compounds such as hydroxymethylfurfural when heated at a certain temperature.
High Fructose Corn Syrup Market Key Developments:
The market leaders for the High Fructose Corn Syrup Market are Japan Corn Starch Co., Ltd, Archer Daniels Midland Company, Cargill, Incorporated, Tate & Lyle PLC, Sinofi Ingredient, Showa Sangyo Co., Ltd, COFCO, and Ingredion Incorporated, among others. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage over their competitors. For Instance,
- In August 2023, Mintec will launch new weekly Mintec Benchmark Prices for high fructose corn syrup (42% and 55% dextrose equivalent) as well as dextrose (liquid and dry). The launch date would be August 30th, 2023.
- In March 2022, ADM introduced PearlEdge, a line of natural-source, white colour products that deliver stable, brilliant, and uniform colors in various food and beverage implementations. Robust quality assurance is critical to creating a precise, premium white shade that does not require modification. ADM achieves this through a vertically integrated distribution chain that manages each step of the procurement cycle. PearlEdge makes use of patent-pending technology as well as extensive methodology expertise.
High Fructose Corn Syrup Market Scope:
| Report Metric | Details |
| High Fructose Corn Syrup Market Size in 2025 | US$9,558.273 million |
| High Fructose Corn Syrup Market Size in 2030 | US$10,240.689 million |
| Growth Rate | CAGR of 1.39% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Million |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the High Fructose Corn Syrup Market |
|
| Customization Scope | Free report customization with purchase |
The high fructose corn syrup (HFCS) market is analyzed into the following segments:
- By Type
- HFCS 42
- HFCS 55
- Others
- By Application
- Food and Beverages
- Pharmaceuticals
- Animal Feed
- Others
- By Distribution Channel
- Offline
- Online
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Rest of Asia-Pacific
- North America
Frequently Asked Questions (FAQs)
The high fructose corn syrup market is expected to reach a total market size of US$10,240.689 million by 2030.
High Fructose Corn Syrup Market is valued at US$9,558.273 million in 2025.
The global high fructose corn syrup market is expected to grow at a CAGR of 1.39% during the forecast period.
Growing demand for processed foods, beverages, cost-effective sweeteners, and rising consumer preference for convenience fuels HFCS market growth.
The Asia Pacific region is anticipated to hold a significant share of the high fructose corn syrup market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Demand for sweeteners in the food and beverage industry
4.1.2. Growing demand for pharmaceuticals
4.2. Market Restraints
4.2.1. Health concerns
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. HIGH FRUCTOSE CORN SYRUP (HFCS) MARKET BY TYPE
5.1. Introduction
5.2. HFCS 42
5.3. HFCS 55
5.4. Others
6. HIGH FRUCTOSE CORN SYRUP (HFCS) MARKET BY APPLICATION
6.1. Introduction
6.2. Food And Beverages
6.3. Pharmaceuticals
6.4. Animal Feed
6.5. Others
7. HIGH FRUCTOSE CORN SYRUP (HFCS) MARKET BY DISTRIBUTION CHANNEL
7.1. Introduction
7.2. Offline
7.3. Online
8. HIGH FRUCTOSE CORN SYRUP (HFCS) MARKET BY GEOGRAPHY
8.1. Global Overview
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Rest of South America
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Rest of Europe
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. United Arab Emirates
8.5.3. Rest of Middle East and Africa
8.6. Asia-Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Rest of Asia-Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Japan Corn Starch Co. Ltd.
10.2. Archer Daniels Midland Company
10.3. Cargill, Incorporated
10.4. Tate & Lyle PLC
10.5. Showa Sangyo Co, Ltd.
10.6. COFCO
10.7. Ingredion Incorporated
10.8. Roquette
10.9. Sinofi Ingredient
List of Tables
Table 1: Research Assumptions
Table 2: High Fructose Corn Syrup (HFCS) Market, Key Findings
Table 3: High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 4: High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 5: High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 6: High Fructose Corn Syrup (HFCS) Market, By Geography, USD Million, 2020 to 2030
Table 7: North America High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 8: North America High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 9: North America High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 10: North America High Fructose Corn Syrup (HFCS) Market, By Country, USD Million, 2020 to 2030
Table 11: South America High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 12: South America High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 13: South America High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 14: South America High Fructose Corn Syrup (HFCS) Market, By Country, USD Million, 2020 to 2030
Table 15: Europe High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 16: Europe High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 17: Europe High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 18: Europe High Fructose Corn Syrup (HFCS) Market, By Country, USD Million, 2020 to 2030
Table 19: Middle East and Africa High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 20: Middle East and Africa High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 21: Middle East and Africa High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 22: Middle East and Africa High Fructose Corn Syrup (HFCS) Market, By Country, USD Million, 2020 to 2030
Table 23: Asia-Pacific High Fructose Corn Syrup (HFCS) Market, By Type, USD Million, 2020 to 2030
Table 24: Asia-Pacific High Fructose Corn Syrup (HFCS) Market, By Application, USD Million, 2020 to 2030
Table 25: Asia-Pacific High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, USD Million, 2020 to 2030
Table 26: Asia-Pacific High Fructose Corn Syrup (HFCS) Market, By Country, USD Million, 2020 to 2030
Table 27: High Fructose Corn Syrup (HFCS) Market, Strategy Analysis of Major Players
Table 28: High Fructose Corn Syrup (HFCS) Market, Mergers, Acquisitions, Agreements, and Collaborations
Table 29: High Fructose Corn Syrup (HFCS) Market, Policies and Regulations
Table 30: Japan Corn Starch Co. Ltd., Products and Services
Table 31: Archer Daniels Midland Company, Products and Services
Table 32: Cargill, Incorporated, Products and Services
Table 33: Tate & Lyle PLC, Products and Services
Table 34: Showa Sangyo Co, Ltd., Products and Services
Table 35: COFCO, Products and Services
Table 36: Ingredion Incorporated, Products and Services
Table 37: Roquette, Products and Services
Table 38: Sinofi Ingredients, Products and Services
List of Figures
Figure 1: High Fructose Corn Syrup (HFCS) Market Size, USD Million, 2020 to 2030
Figure 2: High Fructose Corn Syrup (HFCS) Market Segmentation
Figure 3: Key Market Drivers Impact Analysis
Figure 4: Key Market Restraints Impact Analysis
Figure 5: Porter’s Five Forces Analysis: Bargaining Power of Suppliers
Figure 6: Porter’s Five Forces Analysis: Bargaining Power of Buyers
Figure 7: Porter’s Five Forces Analysis: Threat of New Entrants
Figure 8: Porter’s Five Forces Analysis: Threat of Substitutes
Figure 9: Porter’s Five Forces Analysis: Competitive Rivalry in the Industry
Figure 10: High Fructose Corn Syrup (HFCS) Market, Industry Value Chain Analysis
Figure 11: High Fructose Corn Syrup (HFCS) Market, Policies and Regulations
Figure 12: High Fructose Corn Syrup (HFCS) Market Share (%), By Type, 2025 and 2030
Figure 13: High Fructose Corn Syrup (HFCS) Market Attractiveness by Type, 2030
Figure 14: High Fructose Corn Syrup (HFCS) Market, By Type, HFCS 42, USD Million, 2020 to 2030
Figure 15: High Fructose Corn Syrup (HFCS) Market, By Type, HFCS 55, USD Million, 2020 to 2030
Figure 16: High Fructose Corn Syrup (HFCS) Market, By Type, Others, USD Million, 2020 to 2030
Figure 17: High Fructose Corn Syrup (HFCS) Market Share (%), By Application, 2025 and 2030
Figure 18: High Fructose Corn Syrup (HFCS) Market Attractiveness by Application, 2030
Figure 19: High Fructose Corn Syrup (HFCS) Market, By Application, Food and Beverages, USD Million, 2020 to 2030
Figure 20: High Fructose Corn Syrup (HFCS) Market, By Application, Pharmaceuticals, USD Million, 2020 to 2030
Figure 21: High Fructose Corn Syrup (HFCS) Market, By Application, Animal Feed, USD Million, 2020 to 2030
Figure 22: High Fructose Corn Syrup (HFCS) Market, By Application, Others, USD Million, 2020 to 2030
Figure 23: High Fructose Corn Syrup (HFCS) Market Share (%), By Distribution Channel, 2025 and 2030
Figure 24: High Fructose Corn Syrup (HFCS) Market Attractiveness by Distribution Channel, 2030
Figure 25: High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, Offline, USD Million, 2020 to 2030
Figure 26: High Fructose Corn Syrup (HFCS) Market, By Distribution Channel, Online, USD Million, 2020 to 2030
Figure 27: High Fructose Corn Syrup (HFCS) Market Share (%), By Geography, 2025 and 2030
Figure 28: High Fructose Corn Syrup (HFCS) Market Attractiveness by Geography, 2030
Figure 29: North America High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 30: North America High Fructose Corn Syrup (HFCS) Market Share (%), By Country, 2025 and 2030
Figure 31: North America High Fructose Corn Syrup (HFCS) Market Attractiveness, By Country, 2030
Figure 32: United States High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 33: Canada High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 34: Mexico High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 35: South America High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 36: South America High Fructose Corn Syrup (HFCS) Market Share (%), By Country, 2025 and 2030
Figure 37: South America High Fructose Corn Syrup (HFCS) Market Attractiveness, By Country, 2030
Figure 38: Brazil High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 39: Argentina High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 40: Rest of South America High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 41: Europe High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 42: Europe High Fructose Corn Syrup (HFCS) Market Share (%), By Country, 2025 and 2030
Figure 43: Europe High Fructose Corn Syrup (HFCS) Market Attractiveness, By Country, 2030
Figure 44: United Kingdom High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 45: Germany High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 46: France High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 47: Italy High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 48: Spain High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 49: Rest of Europe High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 50: Middle East and Africa High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 51: Middle East and Africa High Fructose Corn Syrup (HFCS) Market Share (%), By Country, 2025 and 2030
Figure 52: Middle East and Africa High Fructose Corn Syrup (HFCS) Market Attractiveness, By Country, 2030
Figure 53: Saudi Arabia High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 54: United Arab Emirates High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 55: Rest of Middle East and Africa High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 56: Asia-Pacific High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 57: Asia-Pacific High Fructose Corn Syrup (HFCS) Market Share (%), By Country, 2025 and 2030
Figure 58: Asia-Pacific High Fructose Corn Syrup (HFCS) Market Attractiveness, By Country, 2030
Figure 59: China High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 60: India High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 61: Japan High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 62: South Korea High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 63: Taiwan High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 64: Thailand High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 65: Indonesia High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 66: Rest of Asia-Pacific High Fructose Corn Syrup (HFCS) Market, USD Million, 2020 to 2030
Figure 67: High Fructose Corn Syrup (HFCS) Market Share, 2025
Figure 68: Competitive Dashboard
Figure 69: Japan Corn Starch Co. Ltd., Financials, 2022-2024
Figure 70: Archer Daniels Midland Company, Financials, 2022-2024
Figure 71: Cargill, Incorporated, Financials, 2022-2024
Figure 72: Tate & Lyle PLC, Financials, 2022-2024
Figure 73: Showa Sangyo Co, Ltd., Financials, 2022-2024
Figure 74: COFCO, Financials, 2022-2024
Figure 75: Ingredion Incorporated, Financials, 2022-2024
Figure 76: Roquette, Financials, 2022-2024
Figure 77: Sinofi Ingredients, Financials, 2022-2024
Japan Corn Starch Co. Ltd.
Archer Daniels Midland Company
Cargill, Incorporated
Tate & Lyle PLC
COFCO
Ingredion Incorporated
Roquette
Sinofi Ingredient
Related Reports
| Report Name | Published Month | Download Sample |
|---|---|---|
| Rice Syrup Market Size, Share, Trends & Forecast 2025-2030 | May 2025 | |
| Maple Syrup Market Insights: Size, Share, Trends, Forecast 2030 | May 2025 | |
| Cornmeal Market: Size, Growth, Trends, Forecast 2025-2030 | May 2025 | |
| Coconut Syrup Market Insights: Size, Share, Trends, Forecast 2030 | Jul 2025 | |
| Global Agave Syrup Market Insights: Share, Growth, Forecast 2030 | Jan 2025 |
