Key Trends in the Market
Liquid sugar is formed by dissolving granulated sugar in water and it is a type of sweetening agent that is comprised of glucose and fructose. It is a highly concentrated sweetener and is commonly used in various food and beverage products to provide sweetness, enhance flavour, and improve texture. There are different types of liquid sugars available in the market, including glucose syrup, fructose syrup, high fructose corn syrup, and speciality liquid syrups.- One of the primary factors responsible for China liquid sugar market growth is the developing bakery and confectionery sector in the country. Sugar is one of the key ingredients used in different baking applications for sweetening, caramelising, and keeping the products softer for a long period of time, among others. It is also a versatile ingredient that can be used to heighten the taste or suppress other flavours, prolong the freshness of baked goods, reduce moisture loss, and prevent staleness in baked products.
- The China liquid sugar market demand is aided by the growing awareness about the benefits of natural sweeteners among consumers. Due to the shifting preference towards healthy products, consumer demand for organic sweeteners and low-calorie products is rising rapidly. Manufacturers in the country are developing liquid sugar formulations with lower calorie content and incorporating natural sweeteners like stevia and monk fruit.
- One of the major China liquid sugar market trends includes the rapidly expanding e-commerce sector in the country. The growth of online retail platforms has enabled manufacturers to provide a wide variety of products and reach a larger base of customers. Through these platforms, even consumers in remote areas can buy different types of products while companies can utilise targeted marketing campaigns to promote liquid sugar products.
- Market Segmentation
Breakup by Source
- Sugar Cane
- Beet Sugar
- Corn Sugar
- Others
Breakup by End Use
- Household
- HoReCa
- Industrial
Breakup by Sales Channel
- B2B
- B2C
Market Share by Source
According to the China liquid sugar market analysis, sugar cane is expected to be in high demand due to its increasing applications in food, beverage, and dairy products, among others. Sugar cane plays a crucial role in determining the texture and structure of food products. It also influences the flow and reaction of these products with temperature changes during their production and other cycles.In addition, with the increasing demand for natural sweeteners, pure cane sugar is likely to be high in demand during the forecast period owing to its low-calorie contents. The notable surge in the consumption of sugary beverages like soft drinks, colas, carbonated beverages with added sweeteners, and fruit drinks among young people, is further expected to aid the segment’s demand in the coming years.
Market Share by End-Use
The HoReCa (Hospitality, Restaurant, and Catering) sector accounts for a substantial portion of the China liquid sugar market share owing to the extensive applications of liquid sugar in different food and beverage offerings as its fluid form and ability to blend easily makes it a convenient sweetening ingredient.It also makes it easy to incorporate into various culinary creations, offering chefs and bartenders greater control over sweetness levels and flavour profiles. Its applications to enhance the overall dining experiences for customers are further driving its usage in the HoReCa sector.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the China liquid sugar market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.Roquette Frères
Roquette Frères is a leading French multinational enterprise with expertise lying in crafting plant-based ingredients to cater across an array of sectors like food, nutrition, and pharmaceuticals. Beginning operations back in 1933, the company is currently headquartered in Lestrem, France. A hallmark of Roquette is its versatile assortment of offerings hailing from an assortment of plant origins like corn, wheat, peas, potatoes, and even microalgae.Archer Daniels Midland Company
Archer Daniels Midland Company, often referred to as ADM, is an American-based multinational corporation that specialises in the processing and trading of agricultural commodities. Founded in 1902, the company has a rich history and has grown to become a global player in the agribusiness sector. ADM is headquartered in Chicago, Illinois, USA.Tate & Lyle Plc
Tate & Lyle Plc is a British international company that specialises in the production of food and beverage ingredients, as well as industrial ingredients. The company has a long history dating back to 1859 when it was founded in London, England. During its long time of operating, Tate & Lyle has evolved and expanded its operations to become a significant player in the global ingredients sector.Other China liquid sugar market players include Cargill, Incorporated, Qingdao Doeast Chemical Co., Ltd., Guangzhou Shuangqiao Company Ltd., TTC Sugar, and FGV Holdings Berhad, among others.
Table of Contents
Companies Mentioned
- 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