Global Liquid Sugar Market - Growth, Trends, and Forecast (2022 - 2030)
Market Insight
The liquid sugar market is expected to attain a CAGR of 2.7% during the forecast period (2018–2023). Liquid sugar offers manufacturers the desired process-ability, thus facilitating the entire production process, which is otherwise difficult to achieve using the granular form. Liquid sugar is a sweetening agent that is manufactured using water mixed with any kind of sugar. Sugar has been widely and extensively utilized by the food industry since a long time, however, manufacturers have recently started opting for liquid sugar due to its inherent advantages over the granular form. The industry is now equipped with a variety of liquid sugars – from liquid sucrose, invert sugar to refiners syrup for the specific functional requirements based on the final products.
Greater Process-ability and Consistency Drives the Market Growth
The liquid sugar market is driven by the ease of processing and batch-wise consistency that is achieved by employing liquid sugar. Food processors around the world have been demanding more of liquid sugar rather than the granular and powdered ones, as it leads to significant cost-cutting that is otherwise incurred in the equipment required for dissolving, filtering, and pasteurization. The other advantages of utilizing liquid sugar are: sugar loss minimization, specification-oriented high quality production, high consistency and uniformity, and high microbiological safety. However, the high transportation and distribution cost and health concerns associated with liquid sugar have been impending the growth of the market.
Market Segmentation
The global liquid sugar market is segmented based on type, application, and geography. On the basis of type, the liquid sugar market further comprises of liquid sucrose, corn syrup, invert sugar syrup, mixed syrups, and others. The inverted sugar syrup segment is expected to grow at a faster rate comparatively due to its extensive application in non-alcoholic refreshing beverages.
On the basis of application, the liquid sugar market is segmented into beverages, bakery, confectionery, dairy, and others. The beverage market sub-segment is expected to register higher growth rate owing to the overall expansion of the beverage industry.
Regional Analysis
Asia-Pacific is expected to be the leader in the global liquid sugar market owing to the huge demand being witnessed from countries like India, which is one of the leading sugarcane producers. Also, the rapid growth of food industries in the emerging countries of Asia-Pacific in the backdrop of the overall improvement in economic condition and the sustained efforts from governments in the form of enabling policies and regulatory framework help the liquid sugar market to grow.
Key Developments
• Tosla, a food start-up from Slovenia, has manufactured a liquid sugar that offers 30% sugar reduction, 10% lesser calories, double the fiber content, and 20% less cooking time.
• US-based Cane Simple recently introduced the first individually packaged liquid sugar designed for single-serve consumer consumption.
Competitive Landscape
Major Players - ANADOLU BIRLIK HOLDING, BOETTGER GRUPPE, BUNDABERG SUGAR, CSC SUGAR, GALAM, IMPERIAL SUGAR COMPANY, NORDZUCKER GROUP, RAFFINERIE TIRLEMONTOISE†, SUCROLIQ, SUGAR AUSTRALIA, TATE & LYLE, TOYO SUGAR REFINING CO.,LTD. and WILMAR INTERNATIONAL, among others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
The liquid sugar market is expected to attain a CAGR of 2.7% during the forecast period (2018–2023). Liquid sugar offers manufacturers the desired process-ability, thus facilitating the entire production process, which is otherwise difficult to achieve using the granular form. Liquid sugar is a sweetening agent that is manufactured using water mixed with any kind of sugar. Sugar has been widely and extensively utilized by the food industry since a long time, however, manufacturers have recently started opting for liquid sugar due to its inherent advantages over the granular form. The industry is now equipped with a variety of liquid sugars – from liquid sucrose, invert sugar to refiners syrup for the specific functional requirements based on the final products.
Greater Process-ability and Consistency Drives the Market Growth
The liquid sugar market is driven by the ease of processing and batch-wise consistency that is achieved by employing liquid sugar. Food processors around the world have been demanding more of liquid sugar rather than the granular and powdered ones, as it leads to significant cost-cutting that is otherwise incurred in the equipment required for dissolving, filtering, and pasteurization. The other advantages of utilizing liquid sugar are: sugar loss minimization, specification-oriented high quality production, high consistency and uniformity, and high microbiological safety. However, the high transportation and distribution cost and health concerns associated with liquid sugar have been impending the growth of the market.
Market Segmentation
The global liquid sugar market is segmented based on type, application, and geography. On the basis of type, the liquid sugar market further comprises of liquid sucrose, corn syrup, invert sugar syrup, mixed syrups, and others. The inverted sugar syrup segment is expected to grow at a faster rate comparatively due to its extensive application in non-alcoholic refreshing beverages.
On the basis of application, the liquid sugar market is segmented into beverages, bakery, confectionery, dairy, and others. The beverage market sub-segment is expected to register higher growth rate owing to the overall expansion of the beverage industry.
Regional Analysis
Asia-Pacific is expected to be the leader in the global liquid sugar market owing to the huge demand being witnessed from countries like India, which is one of the leading sugarcane producers. Also, the rapid growth of food industries in the emerging countries of Asia-Pacific in the backdrop of the overall improvement in economic condition and the sustained efforts from governments in the form of enabling policies and regulatory framework help the liquid sugar market to grow.
Key Developments
• Tosla, a food start-up from Slovenia, has manufactured a liquid sugar that offers 30% sugar reduction, 10% lesser calories, double the fiber content, and 20% less cooking time.
• US-based Cane Simple recently introduced the first individually packaged liquid sugar designed for single-serve consumer consumption.
Competitive Landscape
Major Players - ANADOLU BIRLIK HOLDING, BOETTGER GRUPPE, BUNDABERG SUGAR, CSC SUGAR, GALAM, IMPERIAL SUGAR COMPANY, NORDZUCKER GROUP, RAFFINERIE TIRLEMONTOISE†, SUCROLIQ, SUGAR AUSTRALIA, TATE & LYLE, TOYO SUGAR REFINING CO.,LTD. and WILMAR INTERNATIONAL, among others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
• 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Frequently Asked Questions
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