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Sugar Market Size is Expected to Reach 223.1 Million Tons By 2033 | CAGR: 1.36%

12-24-2024 10:51 AM CET | Food & Beverage

Press release from: IMARC Group

Sugar Market Size is Expected to Reach 223.1 Million Tons By 2033 |

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฎ๐ ๐š๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global sugar market size reached 194.9 Million Tons in 2024.
โ— The market is expected to reach 223.1 Million Tons by 2033, exhibiting a growth rate CAGR ofย 1.36% during 2025-2033.
Brazil leads the market, accounting for the largest sugar market share.
โ— White sugar accounts for the majority of the market share in the product type segment due to its versatility, high demand in processed foods, and global acceptance as a standard sweetener.ย 
โ— Granulated sugar holds the largest share in the sugar industry.
โ— Food and beverages represent the leading end-use segment.
โ— Sugarcane exhibits a clear dominance in the market.
โ— The rise in global demand for processed and packaged food items is a primary driver of the sugar market.
โ— Technological advancements in sugar cane cultivation and processing are reshaping the sugar market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/sugar-manufacturing-plant/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐‘๐ข๐ฌ๐ข๐ง๐  ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ž๐ ๐š๐ง๐ ๐๐š๐œ๐ค๐š๐ ๐ž๐ ๐…๐จ๐จ๐๐ฌ:

The growth of the market is attributed by the rising populance of processed and packaged foods. A busy lifestyle associated with increasing urbanization, also because people's lives are becoming faster and faster, they consume more food that can be easily consumed, such as snacks, processed foods, and beverages, often with added sugar. Also, the daily consumption of sweetened drinks, bakery products and confectionery products both in developed and the developing economy contributes to the daily intake of sugar. Such a change is especially significant concerning the areas where the growth of the middle income population base is increasing the demand for these goods. Besides, the globalization of the F&B industry together with shifts in diets is also promoting the production of large volumes of food and beverage products that require use of sugar.

โ— ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐”๐ฌ๐ž ๐จ๐Ÿ ๐’๐ฎ๐ ๐š๐ซ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ข๐จ๐Ÿ๐ฎ๐ž๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

The raw materials for biofuel production, especially ethanol, has pushed up their demand by incorporating sugar in their manufacture. Sugarcane is one of the raw materials in the preparing countries for ethanol production. The changing focus to the use of clean energy and low-polluting fuels has made ethanol a feasible option with large consumption raising the demand for sugarcane. The global drive towards sustainability and the decrease in the emission of carbon compounds also plays to this by making available incentives for the production of ethanol. With increasing focus on biofuels due to changing oil prices and the formulation of the environmental legislations, and stiff market competition, the sugar market finds a new market outlet for the sale of the sugar in the production of sugar-based ethanol.

โ— ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฌ ๐ข๐ง ๐’๐ฎ๐ ๐š๐ซ๐œ๐š๐ง๐ž ๐‚๐ฎ๐ฅ๐ญ๐ข๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

Development in technology in the production of sugarcane is providing a great push to the productivity factor which is a factor that has influenced the market growth. Sugarcane production is made efficient by use of modern methods such as drip irrigation, precision farming and use of high yield sugarcane. Also, there has been a major innovation in the methods of milling and refining since the extraction rate improves and decreases the cost of production. This helps producers expand capacity, to tap the increasing international market, and to increase its revenues. In many of these markets there is government aid in the form of subsidies together with research into efficiency of crops which has enhanced productivity in the sugar industry. All these technological advances are letting the sugar producers remain relevant while at the same time serve the growing market base for commodities derived from sugar.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=649&flag=C

๐’๐ฎ๐ ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ— White Sugar
โ— Brown Sugar
โ— Liquid Sugar

White sugar represents the largest segment due to its versatility, high demand in processed foods, and global acceptance as a standard sweetener.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐…๐จ๐ซ๐ฆ:

โ— Granulated Sugar
โ— Powdered Sugar
โ— Syrup Sugar

Granulated sugar holds the biggest market share owing to its ease of handling, long shelf life, and wide application in cooking, baking, and industrial processes.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž ๐’๐ž๐œ๐ญ๐จ๐ซ:

โ— Food and Beverages
โ— Pharma and Personal Care
โ— Household

Food and beverages account for the majority of the market share as they rely heavily on sugar as a key ingredient in the production of a vast array of products, from confectioneries to soft drinks.ย 

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž:

โ— Sugarcane
โ— Sugar Beet

Sugarcane represents the leading segment. It is the most efficient and widely cultivated crop for sugar production, offering higher yields and cost-effectiveness compared to sugar beet.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

Brazil's dominance in the market is attributed to its favorable climate, large sugarcane plantations, and well-established processing infrastructure.

๐“๐จ๐ฉ ๐’๐ฎ๐ ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The sugar market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Suedzucker AG
โ— Tereos
โ— Cosan
โ— Mitr Phol Sugar Corporation., Ltd.
โ— Associated British Foods
โ— Nordzucker AG
โ— Biosev (Louis-Dreyfus)
โ— Wilmar International Limited
โ— Thai Roong Ruang Group

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

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