Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Liquid Sugar Market Outlook

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.

liquid sugar market

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Global Liquid Sugar Market Trends

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.

  • The increasing application of liquid sugar for baking product fillings, drinks, and confectioneries  can help in avoiding crystallisation. The widely distributed granulated crystal sugar can hamper the consistency of such products.
  • Rising government measures to promote sugar farming, which is a significant raw material used in the manufacturing of liquid sugar, are expected to drive the liquid sugar market growth. Liquid sugar's excellent mixing and dissolving characteristics are expected to increase the growth opportunities for the market.
  • Throughout the forecast period, consumer demand for low-calorie sugar will be a significant driver for the market. The rising awareness among consumers to reduce the consumption of artificial sugar is expected to propel the market development.

Global Liquid Sugar Market Analysis

liquid sugar market by segments

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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. 

  • Nordzucker AG
  • Sugar Australia Company Ltd
  • Zukan S.L.U
  • Cosan S.A.
  • Lantic Inc.
  • Shrijee Group
  • Others

Various Sources of Liquid Sugar in the Market

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.

Various Applications of Liquid Sugar in the Market

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.

liquid sugar market by region

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Competitive Landscape of the Liquid Sugar Market

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.

Key Highlights of the Report

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:

  • Source
  • Form
  • Application
  • Distribution Channels
  • Region
Breakup by Source
  • Sugar Cane
  • Beet Sugar
Breakup by Form
  • Organic
  • Conventional
Breakup by Application
  • Confectionery
  • Bakery
  • Beverages
  • Others
Breakup by Distribution Channels
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nordzucker AG
  • Sugar Australia Company Ltd
  • Zukan S.L.U
  • Cosan S.A.
  • Lantic Inc.
  • Shrijee Group
  • Others

Liquid Sugar Market Report Snapshots

Liquid Sugar Market Size

Liquid Sugar Market Trends

Liquid Sugar Market Analysis

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 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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