The Global Sugar Market is segmented by Category (Organic and Conventional); By Form (Crystallized Sugar and Liquid Syrup); Application (Bakery & Confectionery, Dairy, Beverages, and Other Applications); and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The market size and forecasts for Cane Sugar Market in value (USD million) for all the above segments.

The global cane sugar market size is estimated to reach USD 61,318 million in 2024. Global sales of cane sugar will likely rise at a CAGR of 3.4% through 2034, totaling USD 86,011 million.

Attributes	Description
Historical Size, 2023	USD 55,744 million
Estimated Size, 2024	USD 61,318 million
Projected Size, 2034	USD 86,011 million
Value-based CAGR (2024 to 2034)	3.4%

Semi Annual Market Update

Particular	Value CAGR
H1	3.5% (2023 to 2033)
H2	3.6% (2023 to 2033)
H1	3.5% (2024 to 2034)
H2	3.5% (2024 to 2034)

Country-wise Insights

Countries	CAGR (2024 to 2034)
China	3.4%
United States	3.3%
United Kingdom	3.5%
Japan	3.6%
India	3.6%
Canada	3.5%
Germany	3.5%
France	3.8%
Spain	3.9%
Italy	4%
Indonesia	3.7%
Australia	3.6%

Category-wise Insights

Segment	Granular Textured Sugar (Product Type)
Value Share (2024)	62.5%

Segment	Confectionery (Application)
Value Share (2024)	43.5%

Brazil's Cane Sugar Market is segmented by Form (Crystallized Sugar and Liquid Sugar); Application (Food and Beverage, Pharmaceuticals, Industry, and Other Applications). The report offers market size and forecasts in value (USD million) for all the above segments.

Sugar Cane Market Outlook

In 2023, the global sugar cane market size was valued at approximately USD 75 billion, and it is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2032, reaching an estimated value of USD 110 billion by 2032. This growth is primarily driven by the increasing demand for sugar and biofuels, coupled with advancements in agricultural technologies.

The primary growth factor for the sugar cane market is the rising global demand for sugar, which is a staple ingredient in a myriad of food and beverage products. As the global population continues to grow, the demand for sugar-based products is also on the rise. Additionally, the increasing consumption of processed foods and beverages in developing countries is further propelling the market. Urbanization and changing lifestyles have led to higher consumption of ready-to-eat foods, which are often high in sugar content.

Another significant factor contributing to the growth of the sugar cane market is the burgeoning biofuel industry. Sugar cane is a key raw material for ethanol production, which is used as an alternative fuel to reduce carbon emissions. Governments around the world are promoting the use of biofuels to combat climate change, which in turn is driving the demand for sugar cane. Policies and incentives for renewable energy sources are expected to continue bolstering the market.

Technological advancements in agricultural practices are also playing a crucial role in enhancing the yield and quality of sugar cane. Innovations such as precision farming, genetically modified crops, and improved irrigation techniques are enabling farmers to produce more sugar cane with less resource input. These advancements are not only increasing productivity but also making sugar cane cultivation more sustainable and cost-effective, thereby fueling market growth.

Regionally, the Asia Pacific region dominates the sugar cane market, accounting for the largest share due to the substantial production in countries like India, China, and Thailand. The favorable climatic conditions, coupled with the availability of arable land, make this region a hub for sugar cane cultivation. Additionally, the region's growing population and rising disposable incomes are driving the demand for sugar-rich products. Other regions such as Latin America, particularly Brazil, are also key players in the market, with significant contributions to global sugar cane production.

Bagasse Products, derived from the fibrous residue left after sugar extraction, are gaining significant attention in the market due to their sustainable and versatile applications. Traditionally considered a waste product, bagasse is now being utilized as a renewable resource in various industries. It is increasingly used as a biofuel, helping to reduce reliance on fossil fuels and lower carbon emissions. Additionally, bagasse is a key raw material in the production of biodegradable products, such as tableware and packaging materials, which are in high demand as consumers and businesses shift towards eco-friendly alternatives. The growing emphasis on sustainability and the circular economy is driving the development and adoption of innovative bagasse products, contributing to the overall growth of the sugar cane market.

Product Type Analysis

The product type segment of the sugar cane market is categorized into raw sugar cane, refined sugar cane, organic sugar cane, and others. Raw sugar cane is unprocessed and retains its natural molasses content, making it a popular choice among consumers seeking less processed sugar alternatives. The demand for raw sugar cane is steadily increasing, especially in regions like Asia Pacific and Latin America, where it is commonly used in traditional cuisines and beverages. Moreover, raw sugar cane is often used in the production of ethanol, further driving its demand.

Refined sugar cane, on the other hand, undergoes extensive processing to remove impurities and is widely used in the food and beverage industry. Its high purity level makes it an essential ingredient in confectionery, bakery products, and soft drinks. The refined sugar segment is expected to witness significant growth due to the rising consumption of processed foods and beverages globally. Additionally, the food industryÂ’s demand for consistent quality and appearance in end products is boosting the market for refined sugar cane.

Organ

The Brazil cane sugar market size is projected to exhibit a growth rate (CAGR) of 2.76% during 2025-2033. The growing demand for ethanol as a biofuel alternative, coupled with favorable climatic conditions, are fueling the market across the country.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Growth Rate (2025-2033)	2.76%

IMARC Group provides an analysis of the key trends in each segment of the market, along with the Brazil cane sugar market forecast at the country and regional levels for 2025-2033. Our report has categorized the market based on the type and application.

The worldwide organic cane sugar market size is estimated to grow from USD 8,796.7 million in 2024 to USD 13,753 million by 2034. Global sales of organic cane sugar will likely record a CAGR of 4.6% over the assessment period.

Attributes	Description
Estimated Global Organic Cane Sugar Market Size (2024E)	USD 8,796.7 million
Projected Value (2034F)	USD 13,753 million
Value-based CAGR (2024 to 2034)	4.6%

Country-wise Insights

Countries	CAGR 2024 to 2034
United States	3.2%
Germany	5.1%
China	3.8%
India	5.6%
Japan	4.5%

Category-wise Insights

Segment	Liquid/Syrup (By Form)
Value Share (2024)	15%

Segment	Confectionary Industry (By Application)
Value Share (2024)	21%

Global Cane Sugar market size is expected to reach $215.99 billion by 2029 at 3.5%, navigating the growth surge in the cane sugar industry fueled by escalating demand for sugar-rich confectionery products and soft drinks

The cane sugar market size was valued at USD 60.75 billion in 2024 and is likely to cross USD 92.65 billion by 2037, registering more than 3.3% CAGR during the forecast period i.e., between 2025-2037. Asia Pacific industry is poised to dominate majority revenue share by 2037, attributed to presence of several nations in the region, who are also the leading exporters of sugar around the globe.

The report covers APAC Organic Sugar Market Share and is segmented by Category (Organic and Conventional), by Form (Crystallized Sugar and Liquid Syrup), by Application (Bakery and Confectionery, Dairy, Beverages, and Other Applications), and by Geography (China, Japan, India, Australia, and the Rest of Asia-Pacific).

Cane Sugar Market size was valued at USD 249.69 Billion in 2024 and is projected to reach USD 320.35 Billion by 2032, growing at a CAGR of 3.49% from 2026 to 2032.

Cane Sugar Market: Definition/ Overview

Cane sugar, obtained from sugarcane, is a natural sweetener that is widely used in food and beverage products. It is made by extracting juice from sugarcane, which is then refined, crystallized, and dried into sugar crystals. Cane sugar is one of the most widely used sugars in the world, and it is used extensively in the food sector, particularly in baking, confectionery, and the creation of sweetened beverages.

The global organic cane sugar market is projected to reach $12.9 billion by 2033, growing at a CAGR of 6.05% during the forecast period. The rising demand for organic and natural food products, increasing health consciousness, and growing awareness of the environmental benefits of organic farming practices are driving the market growth. The increasing demand for organic cane sugar in food and beverages, personal care, and pharmaceuticals industries is further supporting the market expansion. Key trends shaping the market include the growing popularity of natural and organic ingredients in various applications, increasing demand for sustainable and ethical products, technological advancements in organic cane sugar production, and growing e-commerce channels for organic products. However, factors such as potential fluctuations in sugar prices, competition from conventional sugar, and limited cultivation areas for organic cane sugar may restrain market growth. Regional analysis shows that Asia Pacific is the largest organic cane sugar market due to the increasing demand for organic food and beverages in emerging economies like China and India. North America and Europe are also significant markets, while South America and the Middle East & Africa are expected to witness substantial growth in the coming years. Recent developments include: Amidst rising health consciousness and growing demand for natural and organic products, the Organic Cane Sugar Market is poised for significant expansion in the coming years. According to a recent report, the market is projected to witness a CAGR of 6.05% during the forecast period of 2024-2032. This growth is primarily driven by increasing consumer preference for healthier sugar alternatives, growing disposable income, and rising awareness about the harmful effects of refined sugar. Key market trends include the expansion of organic farming practices, technological advancements in sugar production, and the emergence of new distribution channels such as e-commerce. Major players in the industry are focusing on product innovation, sustainability initiatives, and strategic partnerships to gain a competitive edge. Notable recent developments include the launch of organic cane sugar-based sweeteners and the adoption of Fairtrade certification by leading producers.. Key drivers for this market are: Increasing health consciousness growing demand for natural sweeteners expanding food and beverage industry rising disposable income and government support for organic agriculture. Potential restraints include: Rising health awareness growing demand for natural sweeteners increasing disposable income consumer preference for sustainable products expanding retail distribution channels.

Sugar fell to 15.79 USd/Lbs on June 24, 2025, down 1.27% from the previous day. Over the past month, Sugar's price has fallen 8.80%, and is down 17.64% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar - values, historical data, forecasts and news - updated on June of 2025.

The market is expected to reach a value of approximately USD 2.5 billion by 2031, growing at a steady compound annual growth rate (CAGR) of around 5.5% during the forecast period. The market’s growth is propelled by increasing demand across industries such as food processing, livestock feed, and industrial uses, as well as the rising preference for organic and Demerara-style sugar. Countries such as China, India, and Indonesia are key contributors, benefiting from increased agricultural production and rising consumer awareness of organic products.

The global cane sugar market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.30% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing demand for sugar in food and beverage applications, particularly in developing economies with burgeoning populations and rising disposable incomes, significantly fuels market growth. The bakery and confectionery sector remains a dominant consumer, while the dairy and beverage industries contribute substantially to demand. Secondly, the rising popularity of processed foods and sugary drinks, despite growing health consciousness, continues to support market expansion. However, this trend is counterbalanced by the increasing awareness of the health risks associated with high sugar consumption, which is leading to a growing preference for healthier alternatives, like sweeteners and sugar substitutes. This shift in consumer preference is a key restraint on market growth, particularly for the conventional cane sugar segment. The organic cane sugar segment, however, is experiencing accelerated growth due to the rising consumer demand for natural and healthy food products. Furthermore, technological advancements in sugar refining and processing are improving efficiency and reducing production costs, contributing positively to market dynamics. The market is segmented by category (organic, conventional), form (crystallized sugar, liquid syrup), and application (bakery & confectionery, dairy, beverages, other applications). Major players like Global Organics Ltd, DO-IT Food Ingredients BV, and Tate & Lyle plc are vying for market share, leveraging their global reach and established distribution networks. Regional variations in demand and consumption patterns exist, with North America and Asia Pacific expected to be key growth regions due to large populations and established food processing industries. The forecast period from 2025 to 2033 will see a dynamic interplay of these factors. While the overall market shows strong growth potential, the rate of expansion is likely to moderate as consumer preferences shift towards healthier options. The organic segment is anticipated to significantly outperform the conventional segment, driven by increasing health awareness and a willingness to pay a premium for healthier products. Innovation in sugar substitutes and the development of sugar-reduction strategies by food manufacturers will continue to challenge the market. Regional growth will be impacted by factors such as economic growth, population trends, and government regulations. Companies are likely to focus on product diversification, strategic partnerships, and innovation to maintain their competitive edge in this evolving market landscape. The competitive landscape is characterized by both large multinational corporations and smaller regional players, leading to a dynamic competitive environment. Recent developments include: November 2022: Under a long-term contract with Brazil's Razen, Shell agreed to purchase 3.25 billion liters (860,000 gallons US) of sugar-cane cellulosic ethanol. Razen intends to construct five plants in Brazil, boosting its total portfolio of cellulosic ethanol facilities to nine, which will manufacture the low-carbon fuel. The bagasse left over after producing sugar and conventional sugarcane ethanol will be used by Raizen to create its cellulosic ethanol., August 2022: Raizen and ASR Group collaborated to provide certified non-GMO cane sugar options in the market. The partnership aims to create a sustainable, fully traceable, and non-GMO-certified supply chain of raw cane sugar. The initiative aims to ensure a reliable supply of non-GMO cane sugar for processors and consumers globally., December 2021: MSM Malaysia Holdings Bhd (MSM Malaysia) and Wilmar Sugar Pte Ltd (Wilmar Sugar) inked a collaboration agreement in December 2021 to build a sustainable sugar supply chain. MSM Malaysia and Wilmar Sugar will embark on joint efforts to assist and support each other to pilot an approach to enable sustainable raw sugar sourcing within both companies' joint supply chains by focusing on traceability reporting of sugar supplies and monitoring sustainability performance based on the NDPE Sugar Policy., November 2021: The Sugar Research Institute of Fiji released a new variety of cane for commercial planting in the 2022 planting season. The variety had a high sugar content leading to better yield, more income for the growers, and increased total sugar production., May 2021: Adani Wilmar, which sells various food items such as sugar under the Fortune brand, introduced its mobile application, Fortune Online, to provide customers with a one-stop shop for all of their kitchen needs.. Notable trends are: Increased Trade of Organic Cane Sugar.

Refined Cane Sugar Market Outlook

The global refined cane sugar market size is projected to reach $XX billion by 2032, growing at a compound annual growth rate (CAGR) of X.X% from 2023 to 2032. The market size for 2023 stands at approximately $XX billion. This robust growth is primarily driven by increasing consumer demand for convenience foods and beverages, expanding food processing industries, and rising affluence in developing regions. The demand for refined cane sugar is also significantly influenced by the food and beverage industry's continual innovation and the increasing popularity of confectionery and bakery products.

One of the pivotal growth drivers for the refined cane sugar market is the expansion of the food and beverage sector. As global populations increase and urbanization accelerates, the demand for packaged and processed foods has seen a consistent rise. Refined cane sugar, being a fundamental ingredient in a variety of food products, has consequently witnessed a surge in demand. Additionally, the growing trend of eating out and the proliferation of quick-service restaurants have further accelerated this demand. The use of refined cane sugar in the production of sauces, dressings, and ready-to-eat meals also contributes to its increased consumption.

Another significant growth factor is the rising disposable income and changing lifestyles in emerging economies. As consumers in countries such as India, China, and Brazil become more affluent, their consumption patterns shift towards more westernized diets, which include a higher intake of sugar-laden products. Furthermore, the increasing penetration of Western food chains in these regions is propelling the market for refined cane sugar. Market players are also capitalizing on this trend by expanding their product offerings and enhancing their distribution networks to cater to the growing demand.

The pharmaceutical and personal care industries also present substantial growth opportunities for the refined cane sugar market. In pharmaceuticals, refined cane sugar is used as an excipient in the formulation of various oral medications, providing necessary bulk and sweetness. In personal care, sugar's exfoliating properties are highly valued, leading to its incorporation in numerous skincare products. The burgeoning personal care market, driven by rising consumer awareness and disposable income, is thus another key factor bolstering the demand for refined cane sugar.

On a regional level, Asia Pacific stands out as a significant market for refined cane sugar, driven by its large population base and rapidly growing food and beverage industry. North America and Europe also represent substantial portions of the market due to high consumption rates of processed and convenience foods. Latin America, with its extensive sugarcane cultivation, is another critical region, often acting as both a producer and consumer in the global refined cane sugar market. The Middle East & Africa, while currently a smaller market, is projected to witness gradual growth due to increasing economic development and changing dietary patterns.

Product Type Analysis

Within the refined cane sugar market, the product type segmentation includes granulated sugar, powdered sugar, brown sugar, and others. Granulated sugar is the most widely used form and holds the largest market share due to its versatility and extensive use in both household and industrial applications. It is a staple ingredient in a myriad of recipes ranging from baked goods to beverages, making it indispensable in the culinary world. The ease of storage and relatively long shelf life further add to its popularity, ensuring a steady demand across various sectors.

Powdered sugar, also known as confectioners' sugar, is finely ground granulated sugar with a small amount of anti-caking agent such as cornstarch. It is primarily used in the baking industry for creating smooth icings, frostings, and other confectionery items. The market for powdered sugar is experiencing growth due to the increasing popularity of home baking and the expansion of the bakery and confectionery industry. The convenience it offers in terms of ease of mixing and the smooth texture it provides to baked goods make it a preferred choice among both amateur and professional bakers.

Brown sugar, which retains some molasses content, is favored for its distinct flavor and c

The Asia-Pacific (APAC) cane sugar market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 8.60% from 2025 to 2033. This expansion is fueled by several key factors. The rising demand for processed foods and beverages, particularly in rapidly developing economies like India and China, significantly drives consumption. Furthermore, the increasing popularity of bakery and confectionery products across the region contributes to higher sugar demand. The growth is also supported by the expanding dairy industry and the continuous innovation in beverage formulations utilizing cane sugar. However, the market faces challenges such as fluctuating raw material prices, stringent government regulations on sugar production and consumption in certain countries, and growing concerns about the health implications of high sugar intake, potentially leading to increased demand for sugar substitutes. The market segmentation reveals significant opportunities within the organic cane sugar segment, predicted to gain traction due to rising health consciousness among consumers. Crystallized sugar maintains a substantial market share, while liquid syrup is experiencing growth due to its convenience in various food processing applications. China, India, and Japan are major market players, with substantial production and consumption levels, driving the regional growth. The "Rest of Asia-Pacific" segment also presents potential for future expansion, fueled by rising disposable incomes and changing dietary habits. Competition is intense, with established players like Tate & Lyle PLC and Wilmar Sugar Australia Holdings Pty Ltd alongside regional giants like Rana Sugars Limited and DCM Shriram Consolidated Limited vying for market dominance. The future trajectory of the APAC cane sugar market will depend on the interplay of several factors. Strategic collaborations and mergers and acquisitions are expected amongst existing players and new entrants. Companies are likely to focus on diversification through organic sugar offerings and sustainable production practices to address consumer health concerns and environmental regulations. Technological advancements in sugar refining and processing are anticipated to enhance efficiency and reduce production costs. Furthermore, effective government policies that balance sugar production with health initiatives will shape the overall market landscape. The focus on value-added sugar products, catering to specific consumer segments (e.g., organic, low-glycemic), is likely to gain prominence. Precise forecasting requires detailed regional data; however, based on the overall market dynamics, a conservative estimate suggests a market size exceeding $XX million by 2033. Recent developments include: December 2021: MSM Malaysia Holdings Bhd (MSM Malaysia) and Wilmar Sugar Pty Ltd (Wilmar Sugar) inked a collaboration agreement to build a sustainable sugar supply chain. MSM Malaysia and Wilmar Sugar will embark on joint efforts to assist and support each other to pilot an approach to enable sustainable raw sugar sourcing within both companies' joint supply chains by focusing on traceability reporting of sugar supplies and monitoring sustainability performance based on the NDPE Sugar Policy., November 2021: DCM Shriram Ltd announced an investment of over USD 4.22 million to expand the capacity of sugar mills. The company approved three investment proposals for the sugar business to capitalize on the increase in sugarcane availability in its catchment area, enhance the capacity for the production of refined sugar due to consumer preference, and build feedstock flexibility for its distilleries., November 2021: The Sugar Research Institute of Fiji released a new cane variety for commercial planting in the 2022 planting season. The variety had a high sugar content leading to better yield, more income for the growers, and increased total sugar production.. Notable trends are: Increased Trade of Organic Cane Sugar.

Latin America Cane Sugar Market is expected to grow during 2025-2031

United States (US) Raw Cane Sugar Market is expected to grow during 2025-2031

Africa Raw Cane Sugar Market is expected to grow during 2025-2031

Graph and download economic data for Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts (PCU3113143113141) from Jan 1967 to May 2025 about refined, sugar, mills, PPI, industry, inflation, price index, indexes, price, and USA.