High Fructose Corn Syrup Production in the US - Industry Market Research Report

High Fructose Corn Syrup Production in the US - Industry Market Research Report

  • December 2017 •
  • 36 pages •
  • Report ID: 5103955
Not so sweet: Demand for industry products will decline as health-conscious consumers avoid sweeteners

Abstract

High Fructose Corn Syrup Production
The High Fructose Corn Syrup Production industry expanded only slightly over the past five years as it encountered multiple challenges. As health-conscious consumers move away from sodas toward fresh and unprocessed foods, the industry experienced decreased demand and has subsequently lowered annual production.

Nevertheless, HFCS is still considered a low-cost substitute for sugar, maintaining its ubiquitous presence in US sodas and confectionery goods. The High Fructose Corn Syrup Production industry is expected to grow over the next five years. Marketing efforts will work to negate the stigma that HFCS is less healthy than traditional sugar.

Operators also benefit from corn subsidies, enabling operators to access low-cost corn in bulk. However, the industry will likely contend with strong grain prices, reducing US subsidies over the period. This trend, which may be partly attributable to ethanol production supporting a rise in corn prices, may cut into the industry’s access to low-cost cornstarch, thus tightening profit margins.

Operators in this industry manufacture high fructose corn syrup (HFCS), a sweetener made from milled corn, which is used as a major input for downstream food production of items such as soft drinks, baked goods and syrups.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=UnitedStates Industry=FoodIngredient ParentIndustry=Agribusiness Date=201712 Topic=Demand Publisher=Ibisworld Price=1000