At Vesper, we’re continuously expanding our coverage to give procurement teams and food manufacturers the data they need to make better sourcing decisions. Following our recent expansion of sugar benchmarks into country-level prices, we’re excited to announce three new monthly Vesper Price Indexes (VPIs) for sweeteners:

These new benchmarks come with historical data dating back to November 2024, providing users with immediate visibility into both past and present price developments.

Why these sweetener price benchmarks matter

Sweeteners are essential ingredients across a wide range of food and beverage applications, making their prices a key driver of production costs. Yet until now, reliable and independent benchmarks for these products have been limited. With Vesper’s new additions, procurement professionals can now track Glucose Syrup price, Fructose, crystalline price, and Dextrose monohydrate price in one place, making it easier to forecast, negotiate, and optimize their sourcing strategies.

The data behind the sweetener price benchmarks

Our new sweetener VPIs follow the same rigorous methodology that has made Vesper’s price benchmarks the industry standard.

We collect actual transaction data from real market participants — not theoretical or exchange-based prices. This means you’re seeing what companies actually pay for these ingredients, not what someone thinks they should cost.

The benchmarks incorporate:

  • Actual transaction prices from buyers and sellers across Europe
  • Quality specifications that match industry standards
  • Delivery terms that reflect real-world trading conditions
  • Volume-weighted calculations that account for market reality

By applying this approach, the Glucose Syrup price, Fructose, crystalline price, and Dextrose monohydrate price benchmarks reflect true market conditions with a high level of accuracy.

Who benefits from these sweetener prices?

These benchmarks are particularly relevant for:

  • Bakery manufacturers sourcing sweeteners for cakes, cookies, and pastries.
  • Confectionery producers using glucose syrup, fructose, or dextrose to improve texture, sweetness, and shelf life in candies, caramels, and chewing gum.
  • Beverage companies adding body and flavor balance to soft drinks, flavored alcoholic beverages, and energy drinks.
  • Dairy producers relying on sweeteners in ice cream, yogurt, and flavored milk for better texture and crystallization control.
  • Processed food companies making jams, sauces, canned fruits, or condiments where sweeteners add gloss, viscosity, and consistency.


From individual benchmarks to complete cost transparency

Having accurate European price benchmarks for glucose syrup, fructose, and dextrose is valuable on its own. But the real power comes when you combine these benchmarks with complete product cost modeling.

Here’s the challenge most procurement teams face: Your suppliers don’t sell you pure glucose syrup in isolation. They provide finished products, blends, or compound ingredients where sweeteners are mixed with other components.

When a supplier claims a 15% price increase for your chocolate coating or candy formulation, how do you verify if that’s justified by actual market movements? Without visibility into individual ingredient costs, you’re essentially accepting their word for it.

This is where Vesper’s cost modeling capabilities transform these individual benchmarks into procurement power.

Real-world application: Chocolate candy bar cost model

Take this chocolate candy bar example, where glucose syrup represents 22% of the total ingredient cost:

Raw Material Breakdown:

  • Sugar, white (Europe): 24.00%
  • Glucose Syrup, DE 40-42% (Europe): 22.00% ← Our new VPI benchmark
  • WMP (whole milk powder): 8.00%
  • Cocoa butter: 4.50%
  • Other ingredients: 7.50%

Complete Cost Structure:

  • Raw materials: 61.90%
  • Non-ingredient costs: 37.80% (labor, energy, overhead, margins)
  • Total unit price: €3,483/MT

With glucose syrup making up over one-fifth of the recipe, you can now track exactly how European glucose syrup price movements impact your final product cost and verify supplier claims with precise data.

Track the new sweeteners price benchmarks and customized cost models here.