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Report
Asia Pacific Liquid Sugar Market Report and Forecast 2024-2032
Market Report I 2024-07-18 I 207 Pages I EMR Inc.
Asia Pacific Liquid Sugar Market and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Asia Pacific liquid sugar market size is projected to grow at a CAGR of 8.70% between 2024 and 2032. Aided by the growing demand for sugar substitutes in the food and beverage sector amid rising health consciousness, the market is expected to significantly grow by 2032.
Liquid sugar, a solution of sucrose in water, is widely used as a sweetener in the food and beverage sector. It offers several advantages over granulated sugar, including easier handling, consistency in sweetness, and faster dissolution. Liquid sugar is utilised in a variety of products, from soft drinks and bakery items to sauces and pharmaceuticals, making it a versatile ingredient in numerous applications.
The increasing consumer preference for convenience foods and beverages is driving the Asia Pacific liquid sugar market growth. With the fast-paced lifestyles of modern consumers, there has been a significant shift towards ready-to-eat and ready-to-drink products, leading to a surge in demand for liquid sugar as a key ingredient. Additionally, the growing trend of on-the-go consumption has further contributed to the increasing popularity of liquid sugar in beverages.
The expanding food and beverage sector in the region plays a significant role in propelling the Asia Pacific liquid sugar market development. Liquid sugar is extensively used in the production of carbonated drinks, juices, bakery products, and confectioneries. Its ability to blend seamlessly and provide consistent sweetness makes it a preferred choice for manufacturers looking to maintain product quality and taste.
China holds a significant portion of the Asia Pacific liquid sugar market share, driven by the high consumption of sweetened beverages and processed foods. The country's large population and growing middle class contribute to the increasing demand for convenience products, consequently supporting the market growth.
India is a major market for liquid sugar, with a strong demand stemming from the beverage and confectionery sectors. The cultural preference for sweets and the expansion of the food and beverage sector are key factors driving the market in this region.
Japan's liquid sugar market is characterised by the high consumption of beverages and processed foods. The demand for high-quality and consistent sweeteners in the food and beverage sector supports the market growth in Japan, leading to the Asia Pacific liquid sugar market expansion.
Companies are increasingly focusing on offering innovative sweetener solutions, such as liquid sugar blends and low-calorie options, to meet the diverse needs of consumers and manufacturers. With the growing emphasis on sustainability, manufacturers are adopting eco-friendly production practices and sourcing sustainable raw materials for liquid sugar production. To meet the rising demand, companies are expanding their production capacities and establishing new facilities in strategic locations across the Asia Pacific.
As per the Asia Pacific liquid sugar market analysis, the growing trend towards natural and organic food products presents an opportunity for liquid sugar manufacturers to offer products that cater to this demand. This includes liquid sugar derived from natural sources and free from artificial additives. The rising disposable incomes and changing dietary habits in emerging markets, such as China, India, and Southeast Asia, offer significant growth opportunities for the market. By promoting the health benefits of reduced-calorie liquid sugar and natural sweeteners, companies can attract health-conscious consumers and capitalise on the growing health and wellness trend.
Market Segmentation
The Asia Pacific liquid sugar market can be divided based on source, application, sales channel, and country.
Market Breakup by Source
- Sugar Cane
- Beet Sugar
- Corn Sugar
- Others
Market Breakup by Application
- Household
- HoReCa
- Industrial
Market Breakup by Sales Channel
- B2B
- B2C
Market Breakup by Country
- China
- Japan
- India
- ASEAN
- Australia
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Asia Pacific liquid sugar market. Some of the major players explored in the report by Expert Market Research are as follows:
- Roquette Freres
- Archer Daniels Midland Company
- Tate & Lyle Plc
- Cargill, Incorporated
- TTC Sugar
- FGV Holdings Berhad
- Nordzucker AG
- Shrijee Group
- Toyo Sugar Refining Co., Ltd.
- The Raw Liquid Sugar Company
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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
7 Opportunities and Challenges in the Market
8 Global Liquid Sugar Market Overview
8.1 Key Industry Highlights
8.2 Global Liquid Sugar Historical Market (2018-2023)
8.3 Global Liquid Sugar Market Forecast (2024-2032)
8.4 Global Liquid Sugar Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Asia Pacific Liquid Sugar Market Overview
9.1 Key Industry Highlights
9.2 Asia Pacific Liquid Sugar Historical Market (2018-2023)
9.3 Asia Pacific Liquid Sugar Market Forecast (2024-2032)
10 Asia Pacific Liquid Sugar Market by Source
10.1 Sugar Cane
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Beet Sugar
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Corn Sugar
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Asia Pacific Liquid Sugar Market by Application
11.1 Household
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 HoReCa
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Industrial
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Asia Pacific Liquid Sugar Market by Sales Channel
12.1 B2B
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 B2C
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.2.3 Breakup by Type
12.2.3.1 General Trade (GT)
12.2.3.1.1 Historical Trend (2018-2023)
12.2.3.1.2 Forecast Trend (2024-2032)
12.2.3.2 Modern Trade (MT)
12.2.3.2.1 Historical Trend (2018-2023)
12.2.3.2.2 Forecast Trend (2024-2032)
12.2.3.3 E-commerce
12.2.3.3.1 Historical Trend (2018-2023)
12.2.3.3.2 Forecast Trend (2024-2032)
13 Asia Pacific Liquid Sugar Market by Country
13.1 China
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Japan
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 India
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 ASEAN
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 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 of Demand
14.4 Key Indicators of Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Roquette Freres
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Archer Daniels Midland Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Tate & Lyle Plc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Cargill, Incorporated
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 TTC Sugar
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 FGV Holdings Berhad
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Nordzucker AG
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Shrijee Group
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Toyo Sugar Refining Co., Ltd.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 The Raw Liquid Sugar Company
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Liquid Sugar Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Liquid Sugar Market: Key Industry Highlights, 2018 and 2032
3. Asia Pacific Liquid Sugar Historical Market: Breakup by Source (USD Million), 2018-2023
4. Asia Pacific Liquid Sugar Market Forecast: Breakup by Source (USD Million), 2024-2032
5. Asia Pacific Liquid Sugar Historical Market: Breakup by Application (USD Million), 2018-2023
6. Asia Pacific Liquid Sugar Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Asia Pacific Liquid Sugar Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Asia Pacific Liquid Sugar Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Asia Pacific Liquid Sugar Historical Market: Breakup by Country (USD Million), 2018-2023
10. Asia Pacific Liquid Sugar Market Forecast: Breakup by Country (USD Million), 2024-2032
11. Asia Pacific Liquid Sugar Market Structure
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