Sugar rose to 14.79 USd/Lbs on December 2, 2025, up 0.37% from the previous day. Over the past month, Sugar's price has risen 0.99%, but it is still 30.67% lower than a year ago, 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 December of 2025.

Get the latest insights on price movement and trend analysis of Refined Sugar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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Raw Sugar Market Size 2025-2029

The raw sugar market size is valued to increase USD 152.7 million, at a CAGR of 2.3% from 2024 to 2029. Rise in demand for raw sugar in food and beverage applications will drive the raw sugar market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 45% growth during the forecast period.
By Product - Liquid sugar segment was valued at USD 765.70 million in 2023
By Type - Conventional segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 14.37 million
Market Future Opportunities: USD 152.70 million
CAGR : 2.3%
APAC: Largest market in 2023

Market Summary

The market encompasses the production, distribution, and consumption of raw sugar, a fundamental sweetener in various industries. Key applications include food and beverage manufacturing, where raw sugar's distinctive taste and properties contribute to the production of a wide range of products. A significant market driver is the rising demand for raw sugar in this sector, particularly due to increasing consumer preferences for natural and organic food items. Another influential factor is the emergence of e-commerce platforms, enabling easier access to raw sugar for businesses and consumers alike.
However, the market faces challenges, such as high production costs, which can impact profitability. According to recent reports, raw sugar accounts for approximately 70% of the global sugar market share. This dynamic market continues to unfold, with ongoing trends and patterns shaping its future.

What will be the Size of the Raw Sugar Market during the forecast period?

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How is the Raw Sugar Market Segmented and what are the key trends of market segmentation?

The raw sugar industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Liquid sugar
  Crystallized sugar


Type

  Conventional
  Organic


Base

  Sugarcane-based
  Beet-based


Application

  Food & Beverage Industry
  Biofuel Production
  Pharmaceuticals
  Animal Feed
  Chemicals


End-use Industry

  Food Processing
  Beverage Production
  Ethanol Production
  Pharmaceutical & Personal Care
  Chemical Manufacturing


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The liquid sugar segment is estimated to witness significant growth during the forecast period.

Raw sugar undergoes a transformation into liquid sugar through the addition of water, resulting in a viscous syrup that offers convenience and versatility for manufacturers. This form of sugar is extensively utilized in various industries, particularly in the production of beverages like carbonated soft drinks, sports drinks, and juices. Its quick and even dissolution properties make it an indispensable ingredient, ensuring consistent product texture and flavor. In the baking sector, liquid sugar is employed for creating cakes, cookies, and pastries. Its stability is a significant advantage, allowing manufacturers to maintain precise control over their products' characteristics. According to recent studies, the adoption of liquid sugar in the food and beverage industry has experienced a notable increase of around 18%, underscoring its growing popularity.

Moreover, advancements in sensor technologies and sugar refining processes have led to improvements in reducing sugars content, resulting in higher sugar purity. Centrifugal separation and byproduct valorization techniques have been instrumental in optimizing sugarcane processing efficiency. Wastewater treatment and polarization degree measurement are essential components of quality control systems, ensuring the production of superior sugar. Data Analytics applications, such as process control algorithms, have enabled predictive modeling and energy efficiency improvements, contributing to the sugar industry's ongoing evolution. Automation technologies and process optimization strategies have also played a crucial role in enhancing productivity and reducing costs. The production of molasses, a byproduct of sugar refining, has gained significant attention due to its potential applications in various industries.

Turbidity measurement and color removal techniques are essential for maintaining the desired clarity in sugarcane juice clarification. Crystallization process advancements, including crystal size distribution and predictive modeling, have led to more

Sugar Price Index in World decreased to 94.10 Index Points in October from 99.40 Index Points in September of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

As of March 2025, the retail price of one kilogram of raw sugar in Metro Manila in the Philippines reached ***** Philippine pesos, indicating an increase from the previous month. During the given period, the highest retail price recorded was ***** Philippine pesos in April 2023.

United States Long Term Projections: Raw Sugar Price: New York, No. 16 Contract data was reported at 35.930 0.01 USD/lb in 2034. This records an increase from the previous number of 35.853 0.01 USD/lb for 2033. United States Long Term Projections: Raw Sugar Price: New York, No. 16 Contract data is updated yearly, averaging 35.930 0.01 USD/lb from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 40.700 0.01 USD/lb in 2022 and a record low of 35.391 0.01 USD/lb in 2028. United States Long Term Projections: Raw Sugar Price: New York, No. 16 Contract data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI011: Agricultural Projections: Sugar.

Graph and download economic data for Global price of Sugar, No. 16, US (PSUGAUSAUSDM) from Jan 1990 to Jun 2025 about sugar, World, and price.

In the first ten months of 2023, the average export price of raw sugar from Thailand was around ***** U.S. dollars per ton. The average export price of raw sugar from Thailand has been increasing over the years.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Raw Cane Sugar and Sugarcane Mill Products and Byproducts (WPU02520106) from Dec 2003 to Aug 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

This statistic depicts the average annual prices for sugar from 2014 through 2026*. In 2024, the average price for sugar stood at 0.45 nominal U.S. dollars per kilogram.

United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data was reported at 19.750 0.01 USD/lb in 2034. This stayed constant from the previous number of 19.750 0.01 USD/lb for 2033. United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data is updated yearly, averaging 19.750 0.01 USD/lb from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 19.750 0.01 USD/lb in 2034 and a record low of 19.750 0.01 USD/lb in 2034. United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI011: Agricultural Projections: Sugar.

Discover the booming global raw sugar market! Explore its $50 billion valuation (estimated 2025), 4% CAGR growth projections, key players like Shree Renuka Sugar and Suedzucker, and regional trends. Understand market drivers, restraints, and future opportunities in this comprehensive analysis.

Thailand Raw Sugar Prices: Next 24 Months data was reported at 12.740 THB/USD in Sep 2018. This records an increase from the previous number of 12.620 THB/USD for Aug 2018. Thailand Raw Sugar Prices: Next 24 Months data is updated monthly, averaging 15.320 THB/USD from Jul 2015 (Median) to Sep 2018, with 21 observations. The data reached an all-time high of 20.590 THB/USD in Oct 2016 and a record low of 12.620 THB/USD in Aug 2018. Thailand Raw Sugar Prices: Next 24 Months data remains active status in CEIC and is reported by Office of the Cane and Sugar Board. The data is categorized under Global Database’s Thailand – Table TH.P010: Raw Sugar Price in New York Future Market: Forecast.

Thailand Export Price fob: USD: Raw Sugar data was reported at 283.580 USD/1000 kg in Oct 2018. This records a decrease from the previous number of 290.030 USD/1000 kg for Sep 2018. Thailand Export Price fob: USD: Raw Sugar data is updated monthly, averaging 355.005 USD/1000 kg from Jan 2005 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 617.930 USD/1000 kg in Oct 2011 and a record low of 175.017 USD/1000 kg in Jan 2005. Thailand Export Price fob: USD: Raw Sugar data remains active status in CEIC and is reported by Office of the Cane and Sugar Board. The data is categorized under Global Database’s Thailand – Table TH.P008: Sugar Export Price.

This statistic depicts the average monthly prices for sugar in the United States, Europe and worldwide from January 2014 through June 2025. In June 2025, the average monthly price for sugar in Europe stood at **** nominal U.S. dollars per kilogram.

The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total **** U.S. dollars per tonnes. This overall decrease does not happen continuously, notably not in 2026, 2027, 2028, 2029, 2030, 2031 and 2032. The global price is estimated to amount to ****** U.S. dollars per tonnes in 2032. Notably, the global price of high fructose corn syrup was continuously increasing over the past years.World price refers to the price of commodities outside of one's own country and is determined by global levels of supply and demand. Sugar manufacturing Sugar manufacturing is a long and meticulous process to execute. The initial steps include cleaning, milling, and clarification; it then moves to evaporation and crystallization, finishing with crystal separation. The sugar is refined before it hits the shelves to ensure all impurities get extracted. In 2023, the sugar manufacturing market value was forecasted at around ** billion U.S. dollars, a ** percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between ** to ** billion U.S. dollars . Sugar production and consumption As of 2023/2024, sugar production worldwide was about *** million metric tons, a ** percent increase from 2010/2011. The production value is forecasted to increase by just over * million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over * million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over ** percent from 2010/2011 to 2023/2024.

3538 Global exporters importers export import shipment records of Indian cane raw sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Learn about the factors that influence the price of sugar, including global supply and demand, market conditions, regional factors, weather conditions, government policies, and more.

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 Sep 2025 about refined, sugar, mills, PPI, industry, inflation, price index, indexes, price, and USA.

As of March 2025, the wholesale price of a 50-kilogram bag of raw sugar in Metro Manila in the Philippines amounted to ***** Philippine pesos, indicating an increase from the previous month. The highest wholesale price recorded was ***** Philippine pesos in October 2023.