Press release
Sugar Market Size is Expected to Reach 223.1 Million Tons By 2033 | CAGR: 1.36%
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐๐-๐๐๐๐๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ:
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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/sugar-manufacturing-plant/requestsample
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ ๐๐ง๐ ๐๐๐๐ค๐๐ ๐๐ ๐ ๐จ๐จ๐๐ฌ:
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 ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฌ๐ ๐จ๐ ๐๐ฎ๐ ๐๐ซ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐จ๐๐ฎ๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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 ๐๐๐ฏ๐๐ง๐๐๐ฌ ๐ข๐ง ๐๐ฎ๐ ๐๐ซ๐๐๐ง๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
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.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=649&flag=C
๐๐ฎ๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
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.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐ ๐จ๐ซ๐ฆ:
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.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐๐๐ญ๐จ๐ซ:
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
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐:
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.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
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.
๐๐จ๐ฉ ๐๐ฎ๐ ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ:
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
๐๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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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