Global High Fructose Corn Syrup Market - Forecasts from 2025 to 2030

The high fructose corn syrup (HFCS) market is estimated at US$9,558.273 million by 2025, growing at a CAGR of 5.07% to reach US$10,240.689 million by 2030.
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 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 other fructose and fructose syrup-containing in 2023 were Mexico import had 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 had 28,196,500 Kg.
High fructose corn syrup (HFCS) market 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.
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 and Africa, and 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.

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The high fructose corn syrup (HFCS) market is segmented and analyzed as below:

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