Liquid Sugar Market Size (2024 - 2029)

Liquid Sugar Market Analysis

The Liquid Sugar Market is expected to register a CAGR of 2.9% during the forecast period.

The increasing demand for convenience and processed food such as ready-to-eat foods, ready-to-drink beverages, snacks, bakery, confectionery, and others is one of the significant factors driving the liquid sugar market growth. The rise in urbanization, growing middle-class population, and increase in working women are other considerable factors boosting the market growth. With the rise in disposable income, the developed and developing regions across the globe are witnessing a rising demand for processed and packaged food, which utilize liquid sugar in their products due to the ease of dissolution and stability in various processed food products.

Additionally, the demand for liquid sugar is increasing owing to its robust applications and its ease in the consistency in production processes, such as dissolving, filtering, and other processes, which are difficult to achieve using the granular or powder form. The other advantages of liquid sugar are minimized sugar loss, specification-oriented high-quality production, high consistency and uniformity, and high microbiological safety. For instance, Cargill Inc. offers liquid sucrose, which has applications in canned and bottled products, dairy products, soft drinks, processed foods, confectionery, and bakery products.

Furthermore, clean-label products are perceived to be healthier as they contain easy-to-recognize ingredients, such as those sourced or derived from plants. They are free from artificial ingredients or synthetic chemicals, thus appealing to most consumers. Consumers recognize clean labels as wholesome ingredients, thus pushing food & beverage manufacturers to look for alternatives like organic and clean-label liquid sugar ingredients. Even certain natural ingredients are becoming unacceptable in some products to meet the consumers’ quest for a clean-label product.

However, high transportation and distribution costs and health concerns associated with liquid sugar are expected to impede the growth of the liquid sugar market during the forecast period.

Liquid Sugar Industry Segmentation

Liquid sugar is primarily granulated sugar dissolved in water in a certain water-to-sugar ratio. It mainly finds its application in beverages and bakery products, among others.

The liquid sugar market is segmented by origin, application, and geography. By origin, the market is segmented into organic liquid sugar and conventional liquid sugar. By application, the market is segmented into bakery, confectionery, beverages, baby foods, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The report offers the market size in value terms in USD for all the abovementioned segments.