The Report Titled on “Global Liquid Sugar Market – Growth, Trends, and Forecast (2019 – 2023)”, Delivers Information studies of the current situation (with the base year being 2019) and the growth prospects of global Liquid Sugar Forecast market 2019-2023.
“Liquid Sugar Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Liquid Sugar Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
The Key Players covered in this study:-
Anadolu Birlik Holding, Boettger Gruppe, Bundaberg Sugar, CSC SUGAR, Galam, Imperial Sugar Company, Nordzucker Group, Raffinerie Tirlemontoiseâ, Sucroliq, Sugar Australia, Tate & Lyle, Toyo Sugar Refining Co.,ltd., Wilmar International
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Overview of Liquid Sugar Market Report:
The liquid sugar market is expected to attain a CAGR of 2.7% during the forecast period (20192023). 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.
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.
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.
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.
Major Players – ANADOLU BIRLIK HOLDING, BOETTGER GRUPPE, BUNDABERG SUGAR, CSC SUGAR, GALAM, IMPERIAL SUGAR COMPANY, NORDZUCKER GROUP, RAFFINERIE TIRLEMONTOISEÂ, SUCROLIQ, SUGAR AUSTRALIA, TATE & LYLE, TOYO SUGAR REFINING CO.,LTD. and WILMAR INTERNATIONAL, among others.
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Market Segment by Regions, regional analysis covers
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)