Top 10 Companies in the Hydrogenated Starch Hydrolyzate Industry (2024): Global Leaders Fueling Health-Conscious Markets

In Business Insights
January 18, 2026


The Global Hydrogenated Starch Hydrolyzate (HSH) Market was valued at USD 3.85 Billion in 2023 and is projected to reach USD 5.62 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This robust growth is fueled by rising consumer demand for low-calorie sweeteners, expanding applications in the confectionery and pharmaceutical industries, and a global shift towards sugar reduction in food and beverage formulations.

As food and health industries increasingly prioritize clean-label and diabetic-friendly ingredients, the role of HSH manufacturers has become critically important. In this blog, we profile the Top 10 Companies in the Hydrogenated Starch Hydrolyzate Industry—a diverse group of ingredient giants and specialty chemical leaders shaping the future of sweetener solutions worldwide.

Download FREE Sample Report: Global Hydrogenated Starch Hydrolyzate Market – View in Detailed Research Report


🔟 1. Ingredion Incorporated

Headquarters: Westchester, Illinois, USA
Key Offering: Diverse portfolio of HSH, including maltitol syrups and hydrogenated glucose syrups

Ingredion is a leading global provider of ingredient solutions, with a significant presence in the HSH market. The company leverages its extensive starch processing expertise to produce high-purity HSH for various applications, from sugar-free confectionery to pharmaceutical tablet coatings.

Innovation Initiatives:

  • Investment in advanced enzymatic hydrolysis technologies

  • Development of custom HSH blends for specific customer applications

  • Commitment to sustainable sourcing of raw materials


9️⃣ 2. Roquette Frères

Headquarters: Lestrem, France
Key Offering: Maltitol syrups, sorbitol syrups, and specialized HSH blends

Roquette is a global leader in plant-based ingredients and a major producer of polyols, including hydrogenated starch hydrolysates. The company’s extensive portfolio serves the food, nutrition, and pharmaceutical markets with a focus on innovation and quality.

Innovation Initiatives:

  • Pioneering research in low-glycemic index sweeteners

  • Expansion of HSH production capacity to meet growing global demand

  • Strategic partnerships with food manufacturers for product development

Download FREE Sample Report: Global Hydrogenated Starch Hydrolyzate Market – View in Detailed Research Report


8️⃣ 3. Archer Daniels Midland Company (ADM)

Headquarters: Chicago, Illinois, USA
Key Offering: Comprehensive range of HSH products for food and industrial applications

ADM’s extensive agricultural processing capabilities position it as a key player in the HSH market. The company produces hydrogenated starch hydrolysates that serve as versatile ingredients in reduced-sugar foods, beverages, and personal care products.

Innovation Initiatives:

  • Integration of HSH production with broader sweetener solutions portfolio

  • Focus on clean-label and natural positioning for HSH products

  • Global distribution network ensuring supply chain reliability


7️⃣ 4. Hayashibara Co., Ltd.

Headquarters: Okayama, Japan
Key Offering: Specialty maltitol syrups and functional HSH varieties

Hayashibara has been a pioneer in carbohydrate science for over a century, with significant contributions to the HSH market. The company is renowned for its high-purity maltitol syrups and innovative applications in sugar-free products.

Innovation Initiatives:

  • Proprietary fermentation and purification technologies

  • Development of HSH with enhanced functional properties

  • Strong focus on pharmaceutical-grade HSH for medical applications


6️⃣ 5. Cargill, Incorporated

Headquarters: Minneapolis, Minnesota, USA
Key Offering: Broad spectrum of HSH products under various brand names

Cargill’s global scale and agricultural expertise make it a significant force in the HSH market. The company offers hydrogenated starch hydrolysates that help food manufacturers reduce sugar content while maintaining taste and texture.

Innovation Initiatives:

  • Sustainable sourcing initiatives for raw materials

  • Customer-centric approach to HSH solution development

  • Investment in R&D for next-generation reduced-calorie sweeteners


5️⃣ 6. Gulshan Polyols Ltd.

Headquarters: New Delhi, India
Key Offering: Cost-competitive HSH products for emerging markets

Gulshan Polyols has established itself as a leading producer of polyols in Asia, with a growing presence in the global HSH market. The company serves both domestic and international customers across food, pharmaceutical, and industrial sectors.

Innovation Initiatives:

  • Expansion of production capacity to capitalize on market growth

  • Focus on affordable HSH solutions for price-sensitive markets

  • Development of application-specific HSH formulations

Download FREE Sample Report: Global Hydrogenated Starch Hydrolyzate Market – View in Detailed Research Report


4️⃣ 7. SPI Pharma Group

Headquarters: Wilmington, Delaware, USA
Key Offering: Pharmaceutical-grade HSH for medicine formulations

SPI Pharma specializes in excipients and drug delivery systems, with HSH playing a crucial role in their portfolio. The company focuses on high-purity hydrogenated starch hydrolysates for pharmaceutical applications, particularly as filler-binders in tablets.

Innovation Initiatives:

  • Development of HSH with consistent particle size distribution

  • Quality systems meeting stringent pharmaceutical standards

  • Customized HSH solutions for specific drug formulations


3️⃣ 8. Matsutani Chemical Industry Co., Ltd.

Headquarters: Hyogo, Japan
Key Offering: Specialty HSH including hydrogenated malt starch hydrolysate

Matsutani is a respected Japanese manufacturer with expertise in carbohydrate chemistry. The company produces high-quality HSH that finds applications in food, confectionery, and health products, particularly in the Asian market.

Innovation Initiatives:

  • Research on HSH with prebiotic properties

  • Development of low-hygroscopicity HSH for better shelf life

  • Collaboration with food manufacturers on sugar reduction projects


2️⃣ 9. Zhejiang Huakang Pharmaceutical Co., Ltd.

Headquarters: Quzhou, Zhejiang, China
Key Offering: Pharmaceutical and food-grade HSH products

Zhejiang Huakang has emerged as a significant Chinese player in the HSH market, leveraging its pharmaceutical background to produce high-purity hydrogenated starch hydrolysates. The company serves both domestic and international markets.

Innovation Initiatives:

  • Vertical integration from starch to finished HSH products

  • Expansion of production facilities to increase global market share

  • Focus on cost-competitive manufacturing while maintaining quality


1️⃣ 10. Shandong Longlive Bio-technology Co., Ltd.

Headquarters: Yucheng, Shandong, China
Key Offering: Diverse range of HSH including xylitol and maltitol syrups

Shandong Longlive specializes in bio-based sweeteners and has become a notable producer of hydrogenated starch hydrolysates. The company’s strategic location in a major agricultural region provides competitive advantages in raw material sourcing.

Innovation Initiatives:

  • Investment in biotechnology for improved HSH production efficiency

  • Development of HSH blends with enhanced functional properties

  • Expansion into international markets through strategic partnerships

Get Full Report Here: Global Hydrogenated Starch Hydrolyzate Market – View in Detailed Research Report


🌍 Outlook: The Future of HSH Is Health-Focused and Innovative

The hydrogenated starch hydrolysate market is experiencing a significant transformation driven by health consciousness and regulatory pressures for sugar reduction. While traditional applications continue to dominate, the industry is investing in advanced production technologies and novel applications across multiple sectors.

📈 Key Trends Shaping the Market:

  • Growing demand for low-glycemic and diabetic-friendly food products

  • Expansion of HSH applications in pharmaceuticals as excipients

  • Increasing use in sugar-free confectionery and baked goods

  • R&D focus on improving the taste profile and functionality of HSH

Get Full Report Here: Global Hydrogenated Starch Hydrolyzate Market – View in Detailed Research Report

The companies profiled above are not only supplying essential ingredients to global markets—they’re driving the health and wellness transformation of the food and pharmaceutical industries through innovative hydrogenated starch hydrolysate solutions.