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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Asia Pacific Liquid Sugar Market Share by Source
Sugarcane occupies a significant portion of the Asia Pacific liquid sugar market share due to its cost-effective nature and high production volume, which facilitates its use as a raw material in manufacturing liquid sugar. Increased sugarcane farming in countries like India, China, Pakistan, and Thailand due to their tropical climate also provides growth opportunities to the market. Additionally, the easy availability of liquid sugar from sugarcane in the region is expected to bolster the segment’s growth in the coming years.
Asia Pacific Liquid Sugar Market Share by Application
As per the Asia Pacific liquid sugar market analysis, the industrial segment accounts for a substantial share of the market owing to the high usage of liquid sugar in manufacturing processed or ready-made foods and beverages. It is easily soluble in beverages, which is surging its usage as a sweetener. Moreover, it is also utilised in the bakery sector to provide moisture and sweet flavour to cakes, pastries, and cookies, among others. Meanwhile, in the pharmaceutical sector, liquid sugar is used as a diluent and provides viscosity to liquid medicines.
Asia Pacific Liquid Sugar Market Report Snapshots
Asia Pacific Liquid Sugar Market Size
Asia Pacific Liquid Sugar Market Share
Asia Pacific Liquid Sugar Market Analysis
Asia Pacific Liquid Sugar Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 8.70% between 2024 and 2032.
The major market drivers are the increasing demand for liquid sugar in beverages due to its excellent solubility and the rising usage for liquid sugar in processed food.
The key trends of the market include the growing usage of liquid sugar or sugar substitutes due to growing health consciousness, increased usage of liquid sugar in the bakery sector, and favourable government policies and investments to promote sugar farming in the region.
The major countries in the market are China, Japan, India, ASEAN, and Australia, among others.
The various sources of liquid sugar are sugar cane, beet sugar, and corn sugar, among others.
The different applications of liquid sugar are household, HoReCa, and industrial.
B2B and B2C are the several sales channels of the product.
The key players in the market are Roquette Frères, Archer Daniels Midland Company, Tate & Lyle Plc, Cargill, Incorporated, TTC Sugar, FGV Holdings Berhad, Nordzucker AG, Shrijee Group, Toyo Sugar Refining Co., Ltd., and The Raw Liquid Sugar Company, among others.
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Australia
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+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124