Sugar rose to 16.56 USd/Lbs on July 11, 2025, up 1.83% from the previous day. Over the past month, Sugar's price has risen 1.84%, but it is still 13.76% 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 July of 2025.

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Raw Sugar Market Size 2025-2029

The raw sugar market size is forecast to increase by USD 152.7 million, at a CAGR of 2.3% between 2024 and 2029.

The market is witnessing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is being fueled by the expanding food industry, particularly in emerging economies, where sugar consumption is on the rise. Additionally, the emergence of e-commerce platforms has facilitated easier access to raw sugar for consumers and manufacturers, further boosting market growth. However, the high production cost of raw sugar poses a significant challenge for market participants. Producers must navigate this obstacle through efficient production methods, cost optimization, and strategic pricing to remain competitive in the market.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on innovation, cost reduction, and supply chain optimization. By staying agile and responsive to market trends, they can position themselves for long-term success in the dynamic the market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with various factors shaping its dynamics. Sugarcane and sugar beet supply and demand, production costs, and sustainability are key elements influencing market activities. Biofuel production from sugarcane bagasse and sugar beet residues adds complexity to the market. Sugarcane diseases and pests, as well as transportation challenges, can impact yields and prices. Sugarcane consumption is driven by various applications, including food and beverage industries, ethanol production, and pharmaceuticals. Organic sugar and fair trade sugar are gaining popularity, adding to the market's diversity. Sugarcane juice and molasses are used to produce syrups and other value-added products.

Sugarcane syrup and turbinado sugar cater to specific market segments. Sugarcane cultivation and harvesting techniques, as well as irrigation and fertilizer usage, influence production costs and quality. Sugarcane and sugar beet prices fluctuate based on supply and demand, with imports and exports playing a role in market equilibrium. Traceability and sustainability concerns are increasingly important, influencing consumer preferences and regulations. Sugarcane and sugar beet varieties, processing methods, and storage techniques also impact market trends. Overall, the market remains dynamic, with ongoing shifts in production, consumption, and market conditions.

How is this Raw Sugar Industry segmented?

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.

Liquid sugar, derived from raw sugar through the addition of water, is a popular choice among manufacturers due to its convenience and versatility. The sweetener's ability to dissolve quickly and evenly makes it an ideal ingredient for large-scale production of beverages, including carbonated soft drinks, sports drinks, and juices. Additionally, it is widely used in the baking industry for creating cakes, cookies, and pastries. The consistency and stability of liquid sugar enable manufacturers to control the texture and flavor of their products effectively. The sugar beet industry and sugarcane industry serve as the primary sources for raw sugar production.

Sugarcane cultivation, which includes irrigation, fertilization, and pest management, incurs significant production costs. Sugarcane diseases and pests pose challenges to the industry, affecting both yield and quality. Sugarcane bagasse and molasses are by-products used in biofuel production and ethanol manufacturing. Sugar beet cultivation, on the other hand, is practiced in regions with cooler climates. Sugarcane and su

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

Sugar Price Index in World decreased to 103.70 Index Points in June from 109.40 Index Points in May of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

This statistic depicts the average annual prices for sugar from 2014 through 2026*. In 2023, the average price for sugar stood at 0.46 nominal U.S. dollars per kilogram.

Thailand Raw Sugar Prices: Next 6 Months data was reported at 12.060 THB/USD in Jun 2018. This records an increase from the previous number of 11.830 THB/USD for May 2018. Thailand Raw Sugar Prices: Next 6 Months data is updated monthly, averaging 14.035 THB/USD from Jan 2015 (Median) to Jun 2018, with 24 observations. The data reached an all-time high of 20.090 THB/USD in Feb 2017 and a record low of 11.750 THB/USD in Jun 2015. Thailand Raw Sugar Prices: Next 6 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.

The international white sugar price is determined by various factors such as supply and demand dynamics, production levels, weather conditions, government policies, and currency fluctuations. This article provides an overview of the factors influencing the price and the importance of monitoring them in the global food industry.

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 May 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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).

Thailand Raw Sugar Prices: Next 15 Months data was reported at 11.750 THB/USD in Sep 2018. This records an increase from the previous number of 11.510 THB/USD for Aug 2018. Thailand Raw Sugar Prices: Next 15 Months data is updated monthly, averaging 14.770 THB/USD from Jan 2015 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 22.230 THB/USD in Oct 2016 and a record low of 11.510 THB/USD in Aug 2018. Thailand Raw Sugar Prices: Next 15 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.

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.

Thailand Raw Sugar Prices: Next 9 Months data was reported at 10.780 THB/USD in Sep 2018. This records an increase from the previous number of 10.460 THB/USD for Aug 2018. Thailand Raw Sugar Prices: Next 9 Months data is updated monthly, averaging 13.930 THB/USD from Jan 2015 (Median) to Sep 2018, with 36 observations. The data reached an all-time high of 21.350 THB/USD in Sep 2016 and a record low of 10.460 THB/USD in Aug 2018. Thailand Raw Sugar Prices: Next 9 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 Raw Sugar Prices: Next 3 Months data was reported at 11.820 THB/USD in Apr 2018. This records a decrease from the previous number of 12.830 THB/USD for Mar 2018. Thailand Raw Sugar Prices: Next 3 Months data is updated monthly, averaging 14.285 THB/USD from Jan 2015 (Median) to Apr 2018, with 16 observations. The data reached an all-time high of 20.410 THB/USD in Jan 2017 and a record low of 11.820 THB/USD in Apr 2018. Thailand Raw Sugar Prices: Next 3 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.

Global Raw Sugar market size 2025 was XX Million. Raw Sugar Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The price of white sugar per ton can vary depending on a variety of factors such as global supply and demand, weather conditions, production costs, and government policies. This article explores the factors that influence sugar prices and provides insight into the dynamics of the sugar market.

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

The global raw sugar market is a substantial industry, exhibiting robust growth potential. While the precise market size for 2025 is not provided, considering typical market sizes for agricultural commodities and leveraging the available information on CAGR and historical data, a reasonable estimation would place the 2025 market value at approximately $50 billion. This market is projected to experience a compound annual growth rate (CAGR) of, let's assume, 4% from 2025 to 2033. This growth is fueled by several key drivers, including the rising global demand for sugar driven by population growth and increasing consumption in developing economies. Furthermore, the versatile applications of raw sugar across various food and beverage industries contribute significantly to the market expansion. The market is segmented by raw sugar type (cane and beet) and application (white sugar, brown sugar, and others). While challenges exist, such as fluctuating raw material prices and weather patterns affecting crop yields, the overall outlook remains positive, driven by strong consumer demand and ongoing industrial utilization. The market's geographical distribution is diverse, with significant contributions from regions like North America, South America (particularly Brazil), Europe, and Asia-Pacific (notably India and China). Specific regional market shares will vary according to production capabilities and consumption patterns. Leading players in the raw sugar market, such as Shree Renuka Sugar, Suedzucker, and Tereos Internacional SA, are shaping the industry's dynamics through investments in production capacity, technological advancements, and strategic partnerships. The competitive landscape necessitates continuous innovation and adaptation to changing consumer preferences and regulatory environments. Understanding these market forces and trends is essential for industry stakeholders and investors to navigate the complexities and reap the significant opportunities present in this dynamic sector.

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.

The global raw sugar market is a dynamic sector influenced by various factors, exhibiting a robust growth trajectory. While precise market size figures for 2019-2024 are unavailable, a reasonable estimation, considering typical market sizes for agricultural commodities and applying a conservative CAGR (let's assume a CAGR of 3% for illustrative purposes), would place the 2024 market size at approximately $50 billion USD. This growth is propelled primarily by rising global demand fueled by increased consumption of sugary drinks and confectionery, particularly in developing economies experiencing rapid urbanization and rising disposable incomes. Further driving market expansion are advancements in sugar cane farming techniques leading to higher yields, and the growing adoption of biofuels, which utilize sugar as a feedstock. However, fluctuating weather patterns and the inherent volatility of agricultural commodities present significant challenges. Furthermore, health concerns surrounding high sugar consumption and growing awareness of alternative sweeteners are creating headwinds, although their overall impact remains relatively manageable at present. Major players in the raw sugar industry, including Shree Renuka Sugar, Suedzucker, Tereos Internacional SA, American Sugar Refining, Associated British Foods, Louis Dreyfus, Wilmar International Ltd., Mitr Phol Sugar, Nordzucker, and American Crystal Sugar, are actively involved in strategic partnerships, acquisitions, and expansion into new markets to enhance their position within this competitive landscape. These companies are constantly adapting to evolving consumer preferences and regulatory environments. The market is segmented geographically, with significant regional variations in production, consumption, and trade dynamics, although precise regional data remains unspecified. Future growth will depend on successfully navigating the interplay between increasing demand, supply chain resilience, and the evolving global landscape of food and beverage consumption. Sustainable agricultural practices and investment in technological advancements will play a crucial role in shaping the raw sugar market's future trajectory.

Thailand Refined Sugar Prices: Next 9 Months data was reported at 330.500 THB/USD in Sep 2018. This records an increase from the previous number of 315.300 THB/USD for Aug 2018. Thailand Refined Sugar Prices: Next 9 Months data is updated monthly, averaging 399.040 THB/USD from Jan 2014 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 543.680 THB/USD in Sep 2016 and a record low of 315.300 THB/USD in Aug 2018. Thailand Refined Sugar Prices: Next 9 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.P011: Refined Sugar Price in London Future Market: Forecast.