Market
Introduction:
Liquid
sugar is a sweeting agent which is often used instead of normal
sugar. It is prepared by mixing water with mostly white or at times
with brown sugar. The commercially produced liquid sugar are mostly
used in our homes or widely seen at restaurants. The production of
liquid sugar can be done by any kind of sugar, the sugar granules
should be crushed finely, so that the granules are dissolved in the
water very easily. In order to create healthy liquid sugar
alternatives can also be used. Liquid sugar have now become an
alternative to the common sugar which is used in variety of recipes.
Liquid sugars are used more these days in the restaurants to make tea
or coffee. Liquid sugar is not just a good alternative to the regular
sugar but one benefit of liquid sugar over the conventional sugar is
that it is much sweeter than conventional sugar, only a little amount
of liquid sugar is required to get good amount of sweetness.
Market
Segmentation:
Liquid
sugar market
is segment on the basis of type, application, distribution channel,
and region. On the basis of type the liquid sugar market is segmented
into 65% sucrose dissolved or 67% sucrose dissolved. 67% dissolved
sucrose is also known as amber liquid sugar, much preferred in the
restaurants or hotels where brown colored food is desired, whereas
the 65% sucrose dissolved liquid sugar preferred by the consumers for
their household. The demand for liquid sugar is also more as it is
easily available in the market. On the basis of application the
liquid sugar market is segmented into cosmetics and food industry. On
the basis of distribution channel the liquid sugar market is
segmented into supermarkets/hypermarkets, convenience stores and
online stores. It is expected that supermarkets/hypermarkets will
hold a relatively higher share in the liquid sugar market compared to
other distribution channel. On the basis of region the liquid sugar
market is segmented into North America, Latin America, Asia Pacific,
Europe and MEA.
Market
Regional Outlook:
Regional
segment for the market of Liquid Sugar is divided into five different
regions: North America, Latin America, Asia Pacific and Japan, Europe
and MEA. Among these segment Asia Pacific is expected to be the
leader of liquid sugar market around the world and is expected to
dominant the market in the forecaster period. In Asia Pacific region
the countries like India is the key market for liquid sugar, India is
also generating quite high revenue, as the country is world’s
second largest producers of sugarcane. In terms of revenue Latin
America is also expected to be the second leading contributor in the
liquid sugar market, which is further followed by Europe.
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Market
Drivers:
Consumer’s
increasing demand for low calorie sugar is playing a key role to
drive the liquid sugar market in the forecast period. Increasing
opportunities in the bakery industry is also a key factor which is
driving the global liquid sugar market. The cooks in the restaurant
prefer liquid sugar for creating cakes or baked products. Liquid
sugar also saves the labor cost and also saves the time taken for the
filtration of the normal sugar, which will boost the demand and
growth of the liquid sugar market. The Liquid .Sugar also increases
the shelf life of baked products, which is also another driving
factor for the growth of Liquid Sugar market. Some of the restraining
factors of liquid sugar can be the cost of the raw material, which is
consistently rising and the cost associated with supply chain for
liquid sugar is also rising. Moreover, food that contents high level
of sugar can causes obesity, diabetes and heart disease.
Market
Key Players:
Some
of the key players in Liquid Sugar market are Banah, Südzucker, Maui
Brand Sugars, Natural Raw Liquid Sugar, Eye kandy, Da vinci gourmet
and Monin among others.
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