Vietnam Liquid Sugar Market Report and Forecast 2024-2032

Vietnam Liquid Sugar Market Report and Forecast 2024-2032


Vietnam Liquid Sugar Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the Vietnam liquid sugar market size is projected to further grow at a CAGR of 4.7% between 2024 and 2032. Aided by increasing demand for convenient and efficient sweetening solutions in the food and beverage sector, the market is expected to significantly grow by 2032.

Liquid sugar, a versatile sweetener, is derived from the dissolution of granulated sugar in water, producing a concentrated syrup that is widely used in various food and beverage applications. The increasing consumer preference for convenient and efficient sweetening solutions is driving the Vietnam liquid sugar market growth. With the growing demand for processed and packaged food products, there has been a significant shift towards the adoption of liquid sugar as an alternative to granulated sugar. Additionally, the rising trend of health and wellness has further contributed to the increasing popularity of liquid sugar, as it offers a convenient way to control sweetness levels in food and beverage products.

The expanding applications of liquid sugar in various sectors also play a significant role in propelling the market. In the food and beverage sector, liquid sugar is used in the production of soft drinks, confectionery, bakery products, dairy products, and sauces, among others. The growing demand for high-quality and consistent sweetening solutions across these applications is boosting the market growth.

Moreover, advancements in liquid sugar production technology are driving innovation and development in the market. The introduction of new technologies, such as continuous sugar dissolution systems and advanced filtration techniques, has enhanced the efficiency and quality of liquid sugar production. These advancements enable the development of high-quality liquid sugar with improved consistency, stability, and purity, consequently driving up the Vietnam liquid sugar market share.

The growing focus on sustainability and environmental regulations is also contributing to the market growth. With the increasing emphasis on reducing energy consumption and promoting sustainable practices, there is a significant demand for eco-friendly liquid sugar production processes. The adoption of energy-efficient production technologies and sustainable sourcing practices is gaining traction, helping in reducing the environmental footprint of liquid sugar production. The rising demand for sustainable and eco-friendly liquid sugar is driving the adoption of advanced production technologies.

The regulatory environment plays a crucial role in shaping the market. Governments and regulatory bodies in Vietnam are actively supporting the development and deployment of high-quality and safe liquid sugar products. Various regulations and standards, such as the Vietnam Food Administration (VFA) guidelines, are promoting the use of safe and compliant liquid sugar practices. These regulatory efforts are providing a favourable environment for the growth of the market.

As per the Vietnam liquid sugar market analysis, there is an increasing trend towards organic and natural liquid sugar products, driven by the rising consumer awareness of the benefits of organic foods. This trend is encouraging manufacturers to explore organic sources and natural production processes for liquid sugar. Moreover, consumers are increasingly seeking transparency in the food products they consume, leading to a demand for clean label liquid sugar products. Clean label products emphasise natural ingredients and minimal processing, which is becoming a significant trend in the market. Additionally, advancements in production technology, such as continuous dissolution systems, advanced filtration, and IoT-enabled production monitoring, are enhancing the efficiency and quality of liquid sugar production. These innovations are expected to drive further growth in the liquid sugar market in Vietnam.

Market Segmentation

The market can be divided based on source, application, sales channel, and region

Market Breakup by Source
  • Sugar Cane
  • Pure
  • Flavoured
  • Beet Sugar
  • Corn Sugar
  • Others
Market Breakup by Application
  • Household
  • Industrial
Market Breakup by Sales Channel
  • B2B
  • B2C
  • General Trade (GT)
  • Modern Trade (MT)
  • E-commerce
Market Breakup by Region
  • North
  • Central
  • South
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 Vietnam 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
  • 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.


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 Asia Pacific Liquid Cane Sugar Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Liquid Cane Sugar Historical Market (2018-2023)
8.3 Asia Pacific Liquid Cane Sugar Market Forecast (2024-2032)
9 Vietnam Liquid Sugar Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Liquid Sugar Historical Market (2018-2023)
9.3 Vietnam Liquid Sugar Market Forecast (2024-2032)
10 Vietnam Liquid Sugar Market by Source
10.1 Sugar Cane
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Pure
10.1.3.2 Flavoured
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 Vietnam 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 Vietnam 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 Vietnam B2C Liquid Sugar Market by Region
13.1 North
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Central
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 South
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
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 for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Roquette Frères
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 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Liquid Sugar Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Liquid Sugar Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Liquid Sugar Historical Market: Breakup by Source (USD Million), 2018-2023
4. Vietnam Liquid Sugar Market Forecast: Breakup by Source (USD Million), 2024-2032
5. Vietnam Liquid Sugar Historical Market: Breakup by Pack Type (USD Million), 2018-2023
6. Vietnam Liquid Sugar Market Forecast: Breakup by Pack Type (USD Million), 2024-2032
7. Vietnam Liquid Sugar Historical Market: Breakup by Application (USD Million), 2018-2023
8. Vietnam Liquid Sugar Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Vietnam Liquid Sugar Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
10. Vietnam Liquid Sugar Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
11. Vietnam Liquid Sugar Market Structure

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