Latin America Liquid Sugar Market

Latin America Liquid Sugar Market Size (2024 to 2032)

Latin America Liquid Sugar Market is predicted to reach USD 3.93 billion in 2024 and USD 6.06 billion by 2032, growing at a CAGR of 5.56% during the forecast period.

MARKET OVERVIEW

Liquid sugar is a light, clear syrup made from a concentrated sugar solution. The syrup consists of water and sucrose. Liquid sugar acts as a sweetener that is mainly used in homes and restaurants. It is also used to minimize sugar loss, offer high-quality specifications, improve high consistency and uniformity, and high microbiological safety. Liquid sugar has now become an alternative to regular sugar used in various recipes. It is not only a good alternative to regular sugar, but one of the advantages of liquid sugar compared to conventional sugar is that it is much sweeter than conventional sugar, only a small amount of liquid sugar is necessary to obtain a good amount of sweetness. However, the high costs of transportation and distribution and the health problems associated with liquid sugar are hampering the growth of the regional liquid sugar market.

The increasing consumer demand for low-calorie sugar plays a key role in stimulating the Latin American liquid sugar market during the forecast period. The demand for liquid sucrose is increasing in the food industry. It is used for ice cream, dairy products, and groceries. The 65% to 67% sucrose solution is suitable for making high quality drinks. It is also used to make products that have their own color and flavor, such as mustard, jam, sauces, marmalade, and pickled vegetables, etc. It is widely employed in the cosmetic industry and various other industrial applications. Organic liquid sucrose is also found in organic drinks and other organic food products that require a sweetener. For the production of liquid sucrose, fewer process steps are required. All liquid sucrose is filtered and pasteurized. Food processors worldwide require more liquid sucrose than granules and powder, as this results in a significant reduction in costs that would otherwise be incurred in the equipment required for dissolution, filtering, and pasteurization. However, increases in raw material prices and distribution and transportation costs could hinder the growth of the Latin American liquid sugar market in the near future.

This research report on the Latin America Liquid Sugar market has been segmented and sub-segmented into the following categories.

Latin America Liquid Sugar Market By Origin

• Conventional         
• Organic     

The Latin America Liquid Sugar Market is segmented by origin into conventional and organic. By application, the market is divided into beverage, bakery, baby food, confectionery, and others. According to the distribution channel, the liquid sugar market is segmented into supermarkets/hypermarkets, convenience stores and online stores. Of these, supermarkets/hypermarkets are expected to have a relatively larger share of the liquid sugar market compared to other distribution channels.

Latin America Liquid Sugar Market By Application

• Beverage 
• Bakery      
• Baby Food      

Latin America Liquid Sugar Market By Countty

• Mexico

• Brazil

• Peru

• Chile

n terms of income, Latin America should also be the second largest contributor to the liquid sugar market, followed by Europe. Latin America is one of the key emerging regions, which will generate significant opportunities in the Latin America liquid sugar market during the forecast period due to the ease of processing and the stability of the batch obtained using liquid sucrose, its demand is increasing. In addition, favorable government initiatives in the form of policies and a regulatory framework, modern people's lifestyles, changing consumer preferences, as well as the growing demand for personalized food products are some of the others.

KEY MARKET PLAYERS

Key players in the Liquid Sugar Market include Tate & Lyle PLC, Nordzucker AG, Boettger Gruppe, Zukán S.L.U., and Sugar Australia Company Ltd.

RECENT HAPPENINGS IN THE MARKET

• A Stevia & Monk Fruit liquid sweetener and a keto-compatible product has been lanched by a Whole Earth Sweetener Company. It is available in e-commerce and supermarkets. The brand offers a variety of nine diversities, in which are adapted to the keto diet, comprising new three products launched this year.
• In 2016, T.H.E.M. (Engineering and Merchandising Technical Support) launched Cane Simple Liquid Sugar in filling bags, improving the packaging design with the inclusion of a practical mouthpiece liner.
• In May 2019, a company called Graycliff Partners LP has declared that it has now completed the acquisition of Sweeteners Plus, Inc., a manufacturer and distributor of essential liquid and dry sweeteners for restaurants, specialty drinks, bakeries, confectionery and pharmaceuticals, among others. Based in Lakeville NY, Sweeteners transforms loose sugar into a wide range of products, including bagged brown and white sugars, organic products, liquid sucrose, and corn syrups.
• In August 2017, Rogers Sugar Inc. have announce the closing of the previously announced acquisition of all issued and outstanding shares of LB Maple Treat Corporation, one of the world's largest private label and private label maple syrup distribution and packaging companies, through a solely retained subsidiary of Lantic Inc., for a acquisition worth of $ 160.3 million.
• In January 2017, A leading chemical technology company and pioneer in renewable chemistry which is well-Known as Avantium based in Netherlands, announced that it had acquired Liquid Light Inc. (Liquid Light), a Princeton University company in 2008, which it developed and patented Low energy electrochemical technologies to convert CO2 into the main chemical products.