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Global Liquid Sugar Market Share, Size, Growth, Analysis, Trends, Forecast: By Source: Sugar Cane, Beet Sugar; By Form: Organic, Conventional; By Application: Confectionery, Bakery, Beverages, Others; By Distribution Channels: Supermarkets/Hypermarkets, Convenience Stores, Others; Regional Analysis; Competitive Landscape; 2023-2028
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 2023-2028, driven by the increasing demand in the end-use sectors due to its multiple beneficial characteristics.
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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
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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.
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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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Source |
|
| Breakup by Form |
|
| Breakup by Application |
|
| Breakup by Distribution Channels |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Liquid Sugar Market Analysis
8.1 Key Industry Highlights
8.2 Global Liquid Sugar Historical Market (2018-2022)
8.3 Global Liquid Sugar Market Forecast (2023-2028)
8.4 Global Liquid Sugar Market by Source
8.4.1 Sugar Cane
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Beet Sugar
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Liquid Sugar Market by Form
8.5.1 Organic
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Conventional
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Liquid Sugar Market by Application
8.6.1 Confectionery
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Bakery
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Beverages
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Liquid Sugar Market by Distribution Channels
8.7.1 Supermarkets/Hypermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Convenience Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Online Stores
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.8 Global Liquid Sugar Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Liquid Sugar Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Liquid Sugar Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Liquid Sugar Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Liquid Sugar Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Liquid Sugar Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Nordzucker AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sugar Australia Company Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Zukan S.L.U
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Cosan S.A.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Lantic Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Shrijee Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Liquid Sugar Market: Key Industry Highlights, 2018 and 2028
2. Global Liquid Sugar Historical Market: Breakup by Source (USD Million), 2018-2022
3. Global Liquid Sugar Market Forecast: Breakup by Source (USD Million), 2023-2028
4. Global Liquid Sugar Historical Market: Breakup by Form (USD Million), 2018-2022
5. Global Liquid Sugar Market Forecast: Breakup by Form (USD Million), 2023-2028
6. Global Liquid Sugar Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Liquid Sugar Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Liquid Sugar Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. Global Liquid Sugar Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. Global Liquid Sugar Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Liquid Sugar Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Liquid Sugar Market Structure.
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 2.9% during the forecast period of 2023-2028.
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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