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Liquid Sugar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Liquid Sugar Market is Segmented by Origin (Organic Liquid Sugar and Conventional Liquid Sugar), Application (Bakery, Confectionery, Beverages, Baby Foods, and Other Applications), and Geography.

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Market Snapshot

liquid sugar market summary
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: South East Asia
Largest Market: Asia Pacific
CAGR: 2.9 %

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Market Overview

The liquid sugar market is projected to register a CAGR of 2.9% during the forecast period (2020-2025).

  • Liquid sugar has robust applications due to its ease in the consistency in production processes, such as dissolving, filtering, and other processes, which is difficult to achieve using the granular or powder form. The other advantages of using liquid sugar are minimized sugar loss, specification-oriented high-quality production, high consistency and uniformity, and high microbiological safety.
  • However, high transportation and distribution costs and health concerns associated with liquid sugar are impeding the growth of the liquid sugar market.

Scope of the Report

The liquid sugar market is segmented by origin, application, and geography. By origin, the report is segmented into organic liquid sugar and conventional liquid sugar. By application, the report is segmented into bakery, confectionery, beverages, baby foods, and other applications. By geography, the report is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa.

By Origin
Organic Liquid Sugar
Conventional Liquid Sugar
By Application
Bakery
Confectionery
Beverages
Baby Foods
Other Applications
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
South Africa
Saudi Arabia
Rest of Middle-East and Africa

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Key Market Trends

Increased Usage of Liquid Sugar in Bakery and Confectionery Products

Liquid sugar imparts certain properties in baked goods, such as holding moisture and maintaining freshness, unique flavor, and pasteurization. Thus, the bakery and confectionery sector witnessed an upsurge in the usage of liquid sugar, owing to the aforementioned properties. Furthermore, liquid sugar helps in controlling the crystallization of sugar in candy and preventing the formation of ice crystals in frozen desserts, which is increasing its demand in the bakery sector. Other factors that are boosting the demand for liquid sugar over crystal sugar include consistent quality and specification-oriented quality, high microbiological stability of the sugar, no investment in equipment for dissolving, filtering, and pasteurization of liquid sugar unlike crystal sugar, and minimized sugar loss.

Liquid Sugar Market1

Asia-Pacific to Drive the Liquid Sugar Market

Asia-Pacific is expected to be the leader in the liquid sugar market, owing to the huge demand being witnessed by countries, like India and Australia. Moreover, the rapid growth of food industries in the emerging countries of Asia-Pacific, in the backdrop of the overall improvement in the economic conditions and the sustained efforts from governments by enabling policies and regulatory frameworks, help in the growth of the liquid sugar market. In addition, regional and domestic players are engaged in frequent product launches, which have further boosted the market growth. For instance, in 2019, Whole Earth Sweetener Company launched a keto-friendly product, Stevia & Monk Fruit Liquid Sweeteners, to its portfolio. The product is available in grocery retailers and e-commerce. 

Liquid Sugar Market2

Competitive Landscape

The market for liquid sugar is fragmented, owing to the presence of large regional and domestic players in different countries. The companies are emphasizing on mergers, expansions, acquisitions, and partnerships, along with new product developments, as strategic approaches to boost their brand presence among consumers. For instance, in 2016, T.H.E.M. (Technical Help in Engineering and Marketing) launched Cane Simple Liquid Sugar in pouch fillers, by enhancing the package design with the inclusion of a convenient pour-spout top.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Origin

      1. 5.1.1 Organic Liquid Sugar

      2. 5.1.2 Conventional Liquid Sugar

    2. 5.2 By Application

      1. 5.2.1 Bakery

      2. 5.2.2 Confectionery

      3. 5.2.3 Beverages

      4. 5.2.4 Baby Foods

      5. 5.2.5 Other Applications

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Boettger Gruppe

      2. 6.3.2 Tate & Lyle PLC

      3. 6.3.3 Nordzucker AG

      4. 6.3.4 Sugar Australia Company Ltd

      5. 6.3.5 Zukan S.L.U.

      6. 6.3.6 CSC Sugar LLC

      7. 6.3.7 Anadolu Birlik Holding

      8. 6.3.8 Galam Group

      9. 6.3.9 Toyo Sugar Refining Co. Ltd

      10. 6.3.10 Sucroliq S.A.P.I DE C.V.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Liquid Sugar Market market is studied from 2016 - 2026.

The Liquid Sugar Market is growing at a CAGR of 2.9% over the next 5 years.

South East Asia is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

Boettger Gruppe, Tate & Lyle PLC, Nordzucker AG, Sugar Australia Company Ltd, Zukán S.L.U. are the major companies operating in Liquid Sugar Market.

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