Liquid Sugar Market Report 2024 (Global Edition)

Global Liquid Sugar Market Report 2024 Market Size Split by Source (Sugar cane, Beet sugar, Nature, Organic, Conventional), by Application (Confectionery, Bakery, Processed Food, Frozen Desserts, Dair...

Liquid Sugar Market Report Description

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Liquid Sugar Market Insights Video

Competitive Landscape of the Liquid Sugar Market

The major players in the liquid sugar industry employ a wide range of tactics to maintain and grow their share of the global market. These include mergers and acquisitions, partnerships, collaboration, joint ventures, production process innovations, product line expansions, and improvements to existing products. They also seek out new customers in the endless liquid sugar markets worldwide.

July 2024: Tate & Lyle PLC (Tate & Lyle) revealed an extension of its relationship with IMCD Mexico to manage the marketing and sale of its products in Mexico. (Source: https://www.tateandlyle.com/news/tate-lyle-announces-imcd-mexico-distribution-partner) March 2024: Nordzucker has created a customized timeline aimed at achieving environmentally friendly manufacturing as soon as possible. During this heavy liquid campaign, Nordstemmen is using the latest gaseous recompression technology for the initial occasion. Steam that has been utilized repeatedly in the evaporating station is regenerated with energy in specific turbines. Repurposing the method as heated steam results in general energy and carbon dioxide savings. (Source: https://www.nordzucker.com/en/news/nordzucker-launches-thick-juice-campaign/) June 2023: Cargill and TechnoServe unveiled Srishti, a revolutionary cooperation that would enable ten thousand individuals in Davanagere, Karnataka, to grow maize. Producers will receive training in ecological farming through this relationship, with the goal of enhancing soil health, sequestering the element carbon, and improving water safety and utilization. Over the following four years, this initiative seeks to implement ecologic and regenerative agriculture techniques on 25,000 hectares of agriculture. (Source: https://www.cargill.co.in/en/2023/cargill-technoserve-partner-25000-acres-maize-farms)

Top Companies Market Share in Liquid Sugar Industry: (In no particular order of Rank)

• Boettger Gruppe
• Tate & Lyle PLC
• Nordzucker AG
• Sugar Australia Company Ltd
• Zukan S.L.U.
• Banah
• Sudzucker
• Maui Brand Sugars
• Natural Raw Liquid Sugar
• Eye candy
• Da vinci gourmet and Monin
• Cargill Incorporated
• Archer Daniel Midland
• Raizen SA
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Liquid Sugar Market

Which Region Dominates the Liquid Sugar Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of the increasing demand for baked goods and confections that have liquid sugar as their primary ingredient. In order to improve their market share, the major companies in this industry are also launching new products and introducing inventive concepts. An increase in discretionary money and changes in consumer preferences are two major forces propelling demand in the area.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the liquid sugar market due to this area's expanding food and drink sector's increasing need for liquid sugar. Additionally, it is expected that the region's liquid sugar industry will continue to be driven by the cheap accessibility of raw materials. Because of its capacity to satisfy the needs of consumers seeking wellness benefits, sports drinks are becoming more and more popular.

The current report Scope analyzes Liquid Sugar Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Liquid Sugar Market

According to Cognitive Market Research, the global liquid sugar market size was estimated at USD 81.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 32.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the liquid sugar market with a market size of USD 25.75 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The nation's increasing investment in infrastructure.
• The Canada liquid sugar market had a market share of USD 3.92 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Canada's rise is due to the nation's rapid expansion in the healthcare industry.
• The Mexico liquid sugar market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 2.97 million in 2024.

Europe Liquid Sugar Market

According to Cognitive Market Research, the global liquid sugar market size was estimated at USD 81.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 24.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

• The United Kingdom liquid sugar market had a market share of USD 4.11 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. In the UK, liquid sugar sales witness an upswing due to the nation's rising demand for innovative technology.
• The France liquid sugar market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 2.25 million in 2024.
• According to Cognitive Market Research, the German liquid sugar market size was valued at USD 4.85 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, liquid sugar surged due to the presence of major market players.
• The Italy liquid sugar market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 2.11 million in 2024.
• The Russia liquid sugar market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 3.79 million in 2024.
• The Spain liquid sugar market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 2.01 million in 2024
• The Luxembourg liquid sugar market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 0.76 million in 2024.
• The Portugal liquid sugar market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 0.51 million in 2024.
• The Greece liquid sugar market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 0.29 million in 2024.
• Rest of Europe's liquid sugar market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 3.79 million in 2024.

Asia Pacific Liquid Sugar Market

According to Cognitive Market Research, the global liquid sugar market size was estimated at USD 81.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 18.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

• According to Cognitive Market Research, the China liquid sugar market size was valued at USD 8.45 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Liquid sugar surged in China due to the adoption of various technologies.
• The Japan liquid sugar market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 2.59 million in 2024.
• The India liquid sugar market had a market share of USD 2.25 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India's supportive initiatives taken by the government.
• The South Korean liquid sugar market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 1.88 million in 2024.
• The Australian liquid sugar market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 0.98 million in 2024.
• The South East Asia liquid sugar market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 1.29 million in 2024.
• The Rest of Asia Pacific liquid sugar market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 1.33 million in 2024.

South America Liquid Sugar Market

According to Cognitive Market Research, the global liquid sugar market size was estimated at USD 81.6 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 4.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Liquid Sugar Market size was valued at USD 1.75 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Liquid sugar flourished in Brazil due to the innovation in customer habitats.
• Argentina's liquid sugar market had a market share of USD 0.69 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia liquid sugar market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 0.36 million in 2024.
• Peru liquid sugar market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 0.33 million in 2024.
• Chile liquid sugar market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.29 million in 2024.
• The Rest of Latin America's liquid sugar market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 0.66 million in 2024.

Middle East and Africa Liquid Sugar Market

According to Cognitive Market Research, the global Liquid Sugar Market size was estimated at USD 81.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031..

• The GCC Countries liquid sugar market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 0.70 million in 2024 liquid sugar sales flourish due to the presence of major market players.
• The Egypt liquid sugar market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 0.17 million in 2024.
• The South Africa liquid sugar market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 0.26 million in 2024. liquid sugar sales flourish in South Africa due to technological advancements, and regulatory support.
• The Turkey liquid sugar market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 0.14 million in 2024.
• The Nigeria liquid sugar market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 0.17 million in 2024.
• The Rest of MEA liquid sugar market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.19 million in 2024.

Liquid Sugar Market Analysis

Liquid Sugar Market Source Segment Analysis

According to Cognitive Market Research, sugar cane stands out as the dominant category over the projected period due to the availability of a large amount of sugarcane and additional benefits like improved flavor and sweetness. The superiority of sugarcane over sugar cane stems from its plentiful availability and other benefits such as enhanced flavor and browning. The superiority of sugarcane over beet sugar stems from its plentiful availability and other benefits such as enhanced flavor and sweetness.

Organic emerges as the fastest-growing category in the liquid sugar market. A supplement to conventional sugar that is heavy in nutrients is organic sugar. Interest in organic liquid sugars has surged due to the nation's growing tendency toward more nutritious habits. The creation of expected organic items in tiny businesses is encouraged by federal regulations promoting their manufacture and transaction, which contributes to the expansion of the category. The industry for organic liquid sugar has enormous potential due to the rising popularity of organic foods and drinks.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Liquid Sugar Industry. Request a Free Sample PDF!

Liquid Sugar Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is a bakery. Because of these qualities, the use of liquid sugar in bakery products is increasing. Items from bakeries are highly sought after since they are reasonably priced and convenient. The sector for liquid sugar is being driven by the expanding need for it in the bakery industry as well as by its increased acceptance in dining establishments due to its quicker solubility. In addition, the bakery sector is growing all the time due to the introduction of fresh offerings. As a result, there is a rising demand for liquid sugar.

The fastest-growing category in the liquid sugar market is frozen desserts since they need fewer resources and hours to make than homemade meals, which is partially offset by consumers' growing cravings for convenience foods. Because of the fast-paced lives of customers, there is a growing demand for efficiency in the packaged food business. The need for frozen desserts grows as a consequence. Growing consumer spending capacity due to increasing financial resources is a further factor driving the expansion of the frozen desserts sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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