Liquid Sugar Market

Liquid Sugar Market Size, Share, Growth (2023-2028)

Liquid Sugar Market size was worth USD x.xx million in 2023 and is anticipated to reach over USD xx.xx million by 2028, garnering a CAGR of 2.9%.

Liquid sugar is a sweetener that is often used in place of regular sugar. It is made by mixing water with mostly white sugar or sometimes brown sugar. Commercially produced liquid sugar is mainly used in our homes or widely used in restaurants. The production of liquid sugar can be done with any type of sugar, where the sugar granules must be finely ground to get dissolved in water very easily. Liquid sugar can also be used to create healthy alternatives. It has now become an alternative to regular sugar that is used in various recipes. These are used more today in restaurants to make tea or coffee. Not only is liquid sugar a good alternative to regular sugar, but one of the advantages of liquid sugar over conventional sugar is that it is much sweeter than conventional sugar, only a small amount of liquid sugar is necessary to achieve a good amount of sweetness.

Recent Developments

1. Dalmia Bharat Sugar and Industries announced an investment of between $ 3-4 billion to accelerate the company's sugar production capacity.

2. India is likely to overtake Brazil as the leading producer of sugar in the coming years, and the South American nation will lose its dominion for the first time since the 1990s, because its factories increasingly allocate cane to sugarcane production ethanol and that low investment reduces sugarcane yields.

Liquid Sugar Market Drivers and Restraints:

The global liquid sugar market is experiencing strong growth due to the rising demand for liquid sugar in the beverage industry. The growing applications of liquid sugar in processed food manufacturers are expected to boost the global market in the coming days. In addition to sweetening, liquid sugar performs many functions in food preparation, such as binding, thickening, and preserving the final food product. The use of sugarcane as a raw material source for liquid sugar production is supposed to remain strong during the foreseen period. The high volume of production and the considerable increase in the area dedicated to the cultivation of sugar cane are some of the main reasons for increasing the use of sugar cane as a raw material. Additionally, growing consumer health awareness and a rising need for organic and clean products are estimated to drive the demand for organic liquid sugar. Increasing government initiatives to promote the cultivation of sugar, which is used as the main raw material for liquid sugar production, is foreseen to boost the worldwide market for liquid sugar. Liquid sugar is widely used as an additive in the processed food manufacturing industry. The excellent mixing and dissolving properties of liquid sugar are determined to drive the demand for liquid sugar in the beverage industry. The application of liquid sugar in the bakery and confectionery industry will help to retain moisture and maintain the freshness of the product for a longer period.

Furthermore, the use of liquid sugar in jams, jellies and the like provides adequate crystallization of the sugar that is necessary to achieve the desired texture and mouthfeel of the jellies and caramel. Market players operating in the global liquid sugar market are focused on launching new innovative products and packaging to meet the growing demand for liquid sugar. For example, in February 2016, Cane Simple and Technical Help in Engineering and Marketing announced the launch of Cane Simple Liquid Sugar. The product is designed for individual consumption. The packaged design offers a convenient mouthpiece for easy use. The high storage cost associated with liquid sugar is however estimated to limit market growth. The high expenses related to the transportation of liquid sugar are also envisioned to restrict this business expansion.

Liquid Sugar Market Segmentation:

based on

• product type

• application

• distribution channel

On the basis of type

• mixed syrup

• invert sugar syrup

• fructose syrup

• liquid sucrose

By application

• dairy

• bakery & confectionery

• beverage

Based on the distribution channel,

• online stores

• supermarkets/hypermarkets

• convenience stores

Impact of COVID-19 on Liquid Sugar Market

Food and beverage companies across the world are facing the severe impact of coronavirus. Social isolation, self-isolation and the closure of the entire city have forced the closure of many facilities in countries in Asia, the United States, Europe and the rest of the world. In the UK, US and Australia, supermarket chains have started enforcing new rules to limit panic buying, while suppliers and factory workers have implemented health and safety measures additional security to ensure the safety of consumers. Under immense pressure from consumers storing products, empty shelves are becoming common in supermarkets and grocery chains around the world. Most of the UK supermarket chains have implemented similar initiatives, as have the US chains, notably Target, Walmart and Whole Foods. Elsewhere, to meet growing demand, some supermarkets are relocating staff to help with food vending operations. All these aspects act negatively to the sales of liquid sugar market.

Regional Analysis:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Asia-Pacific is expected to have a significant share of the global liquid sugar market due to the rising need from the growing food and beverage industry in this region. Also, the ease of availability of raw materials is expected to further stimulate the liquid sugar market in the area. For example, sugar cane is the main raw material used for the production of liquid sugar. Sugarcane is grown mainly in the tropics and subtropics of Asia-Pacific. North America is supposed to see considerable growth in the global liquid sugar market in the coming years. The growing consumption of bakery and confectionery products that use liquid sugar as the main ingredient is likely to drive the market in North America. In addition, the main players operating in this market are embarking on new product launches and innovations to strengthen their position in the market. For example, in March 2019, the United States-based Whole Earth Sweetener Company expanded its portfolio of liquid sugar products by launching Stevia & Monk Liquid Fruit Sweetener.

Leading Company

Boettger Gruppe had the largest share of the Liquid Sugar Market in terms of sales and revenue in 2020.

Key Players

1. Boettger Gruppe

2. Monin, Da Vinci Gourmet

3. Eye kandy

4. Banah

5. Natural Raw Liquid Sugar

6. Maui Brand Sugars

7. Südzucker