Global High-Fructose Corn Syrup Category - Procurement Market Intelligence Report
About High-Fructose Corn Syrup Market
The key growth contributors for the global high-fructose corn syrup supply market is the increasing use of HFCS as an alternative to sucrose (cane sugar) due to its versatility that maintains quality, adds texture, preserves color, and enhances flavor in food and beverages.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global High-Fructose Corn Syrup Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global High-Fructose Corn Syrup Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global High-Fructose Corn Syrup Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global High-Fructose Corn Syrup Category - Procurement Market Intelligence Report: Cargill, ADM, Tate & Lyle, Ingredion, and Hershey.
Commenting on the report, an analyst from SpendEdge said: “Buyers must look to adopt efficient supply chain management systems to track incoming shipments. This can help them plan production schedules accurately, ensure the smooth running of operations, and reduce inventory levels.”
According to the report, one of the key growth contributors for the global high-fructose corn syrup supply market is the increasing use of HFCS as an alternative to sucrose due to its versatility that maintains quality, preserves color, and enhances flavor in food and beverages.
Further, the report states that a major procurement challenge faced by the buyers is the challenge in mitigating cost and risk of a product recall due to the sudden invalidity of HFCS. The buyers must ensure that they conduct proper background checks on important aspects before the engagement to counter this specific procurement pain point.
Companies Mentioned
Cargill, ADM, Tate & Lyle, Ingredion, and Hershey.
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