Procurement Resource Analyses the Production Cost of Glucose Syrup in its New Report
Analyses Overview of The New Production Cost Report of Glucose Syrup
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Glucose Syrup. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence the Glucose Syrup production costs, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Confectioner’s glucose, often known as glucose syrup, is a syrup prepared from the hydrolysis of starch. In commercial fermentation, glucose syrup with more than 90% glucose is utilised, however glucose syrup for confectionery has varying proportions of glucose, maltose, and higher oligosaccharides depending on the grade.
Factors Impacting the Glucose Syrup Production Cost:
The revenue of the key competitors in the dextrose syrup market is predicted to be fueled by the strength of private label brands, the rising desire to cut costs, and increased industry expenditures. Archer Daniels Midland Co. (ADM), for example, spent USD 129.00 million on research & development in 2017. Though, harmful consequences from excessive use of glucose syrup are limiting market expansion. Furthermore, the market is being challenged by public food systems, sugar diversification over ineffective rationing, and declining costs owing to market fragmentation. Hence, these factors are expected to impact the production cost of Glucose Syrup.
Procurement Resource Assessment of Glucose Syrup Production:
The production cost report by Procurement Resource assesses the production of Glucose Syrup by hydrolysis process. Through the hydrolysis process, Glucose Syrup can be produced. This process involves the addition of an enzyme such as alpha-amylase to the solution of starch and water, thus, breaking complex starch compounds into simpler forms. This liquid is further treated utilising a different enzyme, followed by its decontamination and vaporization to generate intense Glucose Syrup.
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