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Strategic Forecast for the Cane Sugar Industry: Market Outlook 2025-2034

07-03-2025 09:20 AM CET | Food & Beverage

Press release from: The Business Research Company

Cane Sugar Market

Cane Sugar Market

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Cane Sugar Market Size Growth Forecast: What to Expect by 2025?
The size of the cane sugar market has seen consistent expansion over the last few years. By moving from a valuation of $183.07 billion in 2024 to $188.15 billion in 2025, the market is projected to showcase a compound annual growth rate (CAGR) of 2.8%. The past growth trend can be linked to factors such as increases in the global population, variations in cultural and culinary tastes, the rise of food and beverage sector, industrial applications, and as an alternative to synthetic sweeteners.

How Will the Cane Sugar Market Size Evolve and Grow by 2029?
In the coming years, the size of the cane sugar market is set to experience a consistent rise. It is likely to reach "$215.99 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 3.5%. Reasons for this predicted growth within the forecast period can be associated with the rising demand for natural components, market development in progressing regions, heightened consciousness about sustainable farming, a consumer lean towards genuine and traditional food products, and the influence of climate change on sugar production. Notable trends for this forecast period include enhancement and modification of products, the trend towards clean-label and non-GMO products, advancements in processing technology, and transparent and sustainable packing.

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What Drivers Are Propelling the Growth of Cane Sugar Market Forward?
Anticipated market growth in the cane sugar industry is being fueled by an escalating demand for confectionery products and soft drinks, both of which have high sugar contents. Confectionery items include sweets, sweets coated nuts, chocolates, chewy candy, sweetmeats, pastillage, and assorted other sugar-containing products. The frequent use of cane sugar as a sweetening agent in these foods, beverages, and baked goods means that as demand for these sugar-rich items increases, so too does the demand for cane sugar. For example, The Department for Environment, Food and Rural Affairs (DEFRA), a government organization based in the UK, recently presented data showing that average weekly expenditure on all drink and food rose by 5.4% to £43.33 or $52.60 per individual during the 2023 financial year from the previous year's £41.11 or $49.90. Furthermore, the previous year's total expenditure on non-alcoholic drinks and food consumed at home also saw a rise of 5.1%, escalating from £28.23 ($34.27) in the financial year of 2022 to £29.66 ($35.98) in 2023. Thus, the surging demand for high sugar content confectionery products and soft drinks is propelling cane sugar market growth.

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Which Emerging Trends Are Transforming the Cane Sugar Market in 2025?
The most noticeable trend in the cane sugar market is the emphasis on product innovation. To maintain their prominence in the market, leading businesses in this sector are implementing new product introductions. An example of this took place in August 2022 when Raízen, a major energy corporation from Brazil, collaborated with ASR Group, a cane sugar refining firm from the US. The outcome was the first-ever entirely traceable and eco-friendly supply chain for non-genetically modified raw cane sugar - which gained independent certification. This accomplishment was made via a special farming, bioenergy parks, and infrastructure operation with a supply chain that is 100% physical and devoid of genetic modification.

What Are the Key Segments in the Cane Sugar Market?
The cane sugar market covered in this report is segmented -

1) By Form: Crystallized Sugar, Liquid Syrup
2) By Category: Organic, Conventional
3) By Distribution Channel: Offline Channels, Online Channels
4) By Application: Bakery And Confectionery, Dairy, Food And Beverages, Other Applications

Subsegments:
1) By Crystallized Sugar: Granulated Sugar, Powdered Sugar, Brown Sugar, Raw Cane Sugar
2) By Liquid Syrup: Cane Syrup, Inverted Cane Syrup, Organic Cane Syrup, Molasses

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Who Are the Key Players Shaping the Cane Sugar Market's Competitive Landscape?
Major companies operating in the cane sugar market include Global Organics Limited, Louis Dreyfus Company, Associated British Foods plc, Tate & Lyle plc, Anthony's Goods, Delphi Organic GmbH, DO IT ORGANIC, Florida Crystals, Nanning Sugar Industry Co. Ltd., Wholesome Sweeteners Inc., American Crystal Sugar Company, ASR Group International Inc., Balrampur Chini Mills Limited, Tongaat Hulett Sugar South Africa Limited, Suedzucker AG, Tereos, Cosan S.A., Mitr Phol Sugar Corporation Ltd., Nordzucker AG, Biosev S.A., Wilmar International Limited, Thai Roong Ruang Group, bun*ge Limited, Cargill Inc., Archer Daniels Midland Company, Raizen Energia S.A., Guangxi Guitang Group Co. Ltd., Al Khaleej Sugar Company, East India Distilleries Parry Limited, Dalmia Bharat Sugar and Industries Ltd., Illois Sugar Inc., Okeana Sugar, Mauritius Sugarcane Industry Research Institute (MSIRI), Whitsunday Sugar Limited, Fiji Sugar Corporation

What Geographic Markets Are Powering Growth in the Cane Sugar Market?
Asia-Pacific was the largest region in the cane sugar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global cane sugar market during the forecast period. The regions covered in the cane sugar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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