INDONESIA GLUCOSE SYRUP MARKET

Indonesia glucose syrup market is estimated to experience a strong CAGR 0f 5.2% between 2025 and 2032 owing to shifting lifestyles along with the growing demand for processed food.

Major Drivers and Emerging Trends

Urbanization and rising income levels are key factors driving changing lifestyles along with the growing demand for products in the food & beverage sector which supports the Indonesia glucose syrup market size growth. The F&B industry remains among the most powerful sectors in the country driven by its 277 million population along with a rising middle class and increasing per capita expenditure. Indonesia has witnessed an increased demand for various food items including baked goods among others. This shift in trends is likely to result in a higher demand for glucose syrup.

Glucose syrup is a sweet liquid obtained by hydrolyzing starch usually from corn or wheat etc. Hydrolysis involves enzymes breaking down starch into simpler sugars. This method yields a viscous syrup rich in glucose which makes it a preferred choice for sweetening. The syrup is widely used in food products to increase sweetness while extending shelf life. It is highly valued in baking since it can help to prevent crystallization while preserving moisture.

The rapid increase in the consumption of sugar confectionery is another factor supporting Indonesia glucose syrup market share growth. The strong growth aligns with the rising appetite for indulgent products along with the emerging contemporary retail outlets like convenience stores or online platforms. Innovation in flavors and healthier alternatives is helping to further boost the market and increase the demand for glucose syrup.

The annual sugar consumption in Indonesia has reached 7.7 million tonnes driven by population growth. Indonesia ranks among the largest raw sugar importers globally bringing in approximately five million tonnes annually for its refineries to process for the food and beverage industry. According to data from the Central Statistics Agency (BPS) Thailand was the leading sugar exporter to Indonesia with Brazil ranked second. The government plans to boost sugar production to 2.6 million tons by 2025 with a focus on collaborating with SMEs and enhancing plantation management practices.

However there are health concerns related to the excessive glucose syrup intake especially the variants with high fructose. Growing health concerns and stricter regulations are thereby major factors holding back the glucose syrup market. There is a growing public understanding about the health dangers of excessive sugar intake which fuels the interest in healthier alternatives. But the move toward healthier dietary choices is also motivating glucose syrup manufacturing companies to offer options with less or no sugar.

Based on grade the market is segmented into food, pharma and industrial categories. Glucose syrup is mainly utilized in the food manufacturing industry to be a sweetener and thickener while retaining moisture. In the pharmaceutical industry glucose syrups enhance viscosity and improve mouthfeel without significantly increasing sweetness. It is also ideal in industrial applications including being used as a binder in plant care for formulation and granulation.

Based on its source, it can be made from various sources even though the majority of glucose syrup found in Indonesia is mainly derived from corn or wheat. The sugar in corn is stored as starch which is a complex compound made up of multiple saccharide or sugar molecules bonded together. Corn starch does not taste sweet unless it goes through processing into syrup. It needs to be broken into simpler sugar components for the sweetness to become more noticeable.

Based on form, the market can be segmented into liquid and granular types. Liquid glucose is crucial in the food and beverage sector known for its outstanding properties that make it widely used in numerous products.

Based on application, it is most commonly applied in the food and beverage sectors along with pharmaceutical. Glucose syrup is generally incorporated into food and beverages to improve texture and especially to sweeten the products. It is also regarded as a stabilizer which extends the shelf life of food products. It lowers the freezing point thereby shortening the freezing time for manufacturers. In oral medications it helps to mask bitter flavors by forming a coating that blocks the bitterness from reaching the taste buds.

Top Market Players

Key players in the market include Tereos FKS, Associated British Foods, Cargill, Roquette, among others.

Key Developments

• • In 2022, Cargill committed USD 2.4 million to enhance its sweetener production facility in Indonesia. Cargill states that the upgrades will involve extra filling stations along with improvements to the warehouse.

Segments covered in the Report:

The Indonesia Glucose Syrup Market has been segmented on the basis of Grade, Source, Form, Application. Based on Grade, the market is segmented into Food, Pharma, and Industrial. Based on Source, the market is segmented into Wheat, Corn, Barley, Rice, Potatoes, Cassava, and Others. Based on Form, the market is segmented into Liquid and Granular. Based on Application, the market is segmented into Pharmaceuticals, Foods, Beverages, Confectioneries, and Others.

Report Coverage	Details
Market Revenues (2024)	USD Million
Market Base Year	2024
Market Forecast Period	2025-2032
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Grade, By Source, By Form, By Application
Regional Coverage	Indonesia
Companies Profiled	Tereos FKS, Associated British Foods, Cargill, Roquette, among others; a total of 4 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Indonesia Glucose Syrup Market by Grade

• • Food
  • Pharma
  • Industrial

Indonesia Glucose Syrup Market by Source

• • Wheat
  • Corn
  • Barley
  • Rice
  • Potatoes
  • Cassava
  • Others

Indonesia Glucose Syrup Market by Form

• • Liquid
  • Granular

Indonesia Glucose Syrup Market by Application

• • Pharmaceuticals
  • Foods
  • Beverages
  • Confectioneries
  • Others

Indonesia Glucose Syrup Market Leading players

• • Tereos FKS

• • Associated British Foods
  • Cargill
  • Roquette