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The global liquid sugar market size is expected to grow at a CAGR of 2.9% during the forecast period of 2024-2032, driven by the increasing demand in the end-use sectors due to its multiple beneficial characteristics.
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Liquid sugar is a water-based sucrose solution which is created by mixing white or brown sugar with water. Liquid sugar is usually produced by refined cane or beet sucrose. It gives multiple advantages when making confectionery and pastries.
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Based on the source, the market can be segmented into sugarcane and beet sugar. Based on the form, it can be bifurcated into organic and conventional. Based on application, the market can be divided into confectionery, bakery, and beverages, among others. Based on the distribution channels, the market segments include supermarket/hypermarkets, convenience stores, and online stores. The regional markets for the market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global liquid sugar market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Based on sources, the market can be bifurcated into sugarcane and beet sugar. The sugarcane segment is expected to hold the largest market share owing to the large production of sugarcanes. The health and calories conscious population are increasingly utilising sugarcane. Sugarcane liquid sugar is easily available in the market and in multiple price ranges, which further propels the market growth.
Liquid sugar finds applucations in confectionery, bakery, and beverages, among others. Among these applications, the confectionery segment is expected to hold the largest market share. Confectioneries, chocolates, and other products are affected by the granular sugar crystals and due to this, manufacturers are increasingly adopting liquid sugar for their products. Liquid sugar is an effective option to avoid crystallisation and keep moisture, it is used in a variety of culinary products, such as cake filling, confectionery, and frosting.
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Nordzucker AG is one of the global leaders in the production of sugar from beets and cane, headquartered in Braunschweig, Germany, founded in the year 1997. The company is Europe's second-largest sugar manufacturing company and is focused on providing quality and organic products to consumers.
Sugar Australia Company Ltd has been operating in the food and beverage manufacturing industry. The company's headquarter is located in Victoria, Australia, and it has been one of the leading producers of sugar since 1855 in the region. They have established a strong manufacturing and supply chain, and they utilise it to deliver quality products across Australia and the Asia Pacific region.
Shrijee Group is one the world’s leading industrial facility suppliers, with a focus on turnkey sugar factories, turnkey sugar refineries, and sugar-based ethanol plants. The company also manufactures and supplies sugarcane farming equipment and wind ventilators. Its business units also include sugarcane crop solutions, wind-powered exhaust fans, and biogas. The company was founded in 1976 and it is located in Mumbai, India.
Other market players include Cosan S.A., Lantic Inc., and Zukan S.L.U, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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*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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The market is expected to grow at a CAGR of 2.9% during the forecast period of 2024-2032.
The market growth is driven by the growing demand for low-calorie sugar among consumers and the increasing utilisation of liquid sugar in the food manufacturing industry.
The increasing cultivation area for sugarcanes and promotion to utilise liquid sugar can aid the market expansion.
The regional markets for the global market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The different sources utilised in the market include sugarcane and beet sugar.
The forms available in the market include organic and conventional.
The market utilises various distribution channels such as supermarkets/hypermarkets, convenience stores, and online stores.
The different applications of liquid sugar include confectionery, bakery, and beverage, among others.
The key players in the market include Nordzucker AG, Sugar Australia Company Ltd, Zukan S.L.U, Cosan S.A., Lantic Inc., and Shrijee Group, among others.
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