China Liquid Sugar Market Report and Forecast 2024-2032

China Liquid Sugar Market Report and Forecast 2024-2032

China Liquid Sugar Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the China liquid sugar market size, the market is projected to further grow at a CAGR of 5.10% between 2024 and 2032. Aided by the increasing demand for sweeteners in food and beverage applications and the growing adoption of liquid sugar in various sectors, the market is expected to significantly grow by 2032.

Liquid sugar, a solution of sugar (sucrose) in water, is widely used as a sweetener in numerous food and beverage products. It offers several advantages over granulated sugar, including ease of handling, quick dissolution, and uniform sweetness. Liquid sugar is extensively used in industries such as food and beverage, pharmaceuticals, and cosmetics.

The increasing consumer preference for convenience foods and beverages is driving the China liquid sugar market growth. With the growing urbanisation and busy lifestyles, there has been a significant shift towards ready-to-eat and ready-to-drink products. Liquid sugar, with its easy-to-use properties, aligns well with this trend, thereby boosting its demand in various sectors.

Moreover, the expanding applications of liquid sugar in various sectors play a significant role in propelling the market. In the food and beverage sector, liquid sugar is used as a sweetener in products such as soft drinks, juices, bakery items, and confectioneries. The rising demand for packaged and processed foods is driving the adoption of liquid sugar in this sector.

The increasing focus on health and wellness is another driving factor for the market. As consumers become more health-conscious, there is a growing demand for natural and low-calorie sweeteners. Liquid sugar, especially when derived from natural sources, meets this demand, making it a popular choice among health-conscious consumers.

The increasing consumer preference for convenience foods and the growing demand for packaged and processed foods are driving the adoption of liquid sugar in this sector, consequently driving up the China liquid sugar market share.

In the pharmaceutical sector, liquid sugar is used as an excipient in the formulation of syrups, elixirs, and other liquid medications. Its ease of handling and uniform sweetness makes it an attractive choice for pharmaceutical applications. The growing demand for over-the-counter medications and the increasing focus on developing palatable medicinal formulations are driving the adoption of liquid sugar in this sector.

The cosmetics sector also benefits significantly from liquid sugar, which is used as a humectant and moisturiser in various skincare and haircare products. Liquid sugar helps to retain moisture and improve the texture of cosmetic formulations, making it a valuable ingredient in the cosmetics sector. The increasing demand for natural and organic cosmetics is driving the adoption of liquid sugar in this sector.

The bakery and confectionery sector uses liquid sugar extensively to enhance the sweetness, texture, and shelf life of products. Liquid sugar provides a uniform sweetness and helps to improve the consistency of bakery items and confectioneries. The growing demand for bakery products and the increasing emphasis on product innovation are driving the adoption of liquid sugar in this sector.

As per the China liquid sugar market analysis, the market is also witnessing strategic collaborations and partnerships aimed at enhancing service offerings and expanding market reach. Companies are partnering with food and beverage manufacturers, pharmaceutical companies, and other stakeholders to deliver integrated and comprehensive liquid sugar solutions. These collaborations are expected to drive further innovation and market growth.

Market Segmentation

The market can be divided based on source, end use, and sales channel

Market Breakup by Source

• Sugar Cane
• Beet Sugar
• Corn Sugar
• Others

Market Breakup by End Use

• Household
• HoReCa
• Industrial

Market Breakup by Sales Channel

• B2B
• B2C
• General Trade (GT)
• Modern Trade (MT)
• E-commerce

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 China liquid sugar market. some of the major players explored in the report by expert market research are as follows:

• Roquette Frères
• Archer Daniels Midland Company
• Tate & Lyle Plc
• Cargill, Incorporated
• Qingdao Doeast Chemical Co., Ltd.
• Guangzhou Shuangqiao Company Ltd.
• TTC Sugar
• FGV Holdings Berhad
• 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.