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).

Sugar fell to 16.19 USd/Lbs on August 1, 2025, down 1.03% from the previous day. Over the past month, Sugar's price has risen 4.11%, but it is still 10.88% 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 August of 2025.

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).

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.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Raw Cane Sugar and Sugar Cane Mill Products and Byproducts (WPU0252) from Dec 1977 to Jun 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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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

According to Cognitive Market Research, the refined sugar market size is expected to reach USD XX Million by 2024 and is projected to grow to USD XX Million by the end of 2033, expanding at a CAGR of XX% from 2025 to 2033.

Asia-Pacific held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
North America held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Refined Sugar Market

Key Drivers for Refined Sugar Market

Increasing Demand for Processed Food & Beverages to Boost Market Growth

Greater reliance on convenience and ready-to-eat foods, which frequently contain refined sugar as a primary ingredient, is a result of growing urban populations. The popularity of packaged meals and beverages is influenced by time restrictions and households with two incomes. Furthermore, the use of sugar in drinks, sauces, marinades, and desserts has expanded as a result of the global expansion of cafes, restaurants, and fast-food chains. The consumption of processed foods high in sugar is further increased by the growth of food delivery services. Additionally, to draw in customers, food and beverage firms are launching inventive new items, many of which contain refined sugar. Demand for sugar occasionally rises as a result of seasonal and limited-edition items, particularly during holiday seasons.

Increasing Product Portfolio to Drive Market Growth

The increasing product portfolio by the key players is expected to drive the growth of the market during the forecast period. For instance, in August 2023, Better White Clear White Sugar was introduced to the market by Central Sugars Refinery Sdn. Bhd. (CSR), adding a new product to its lineup. This new product further solidifies CSR's standing as Malaysia's sugar expert by enhancing its existing line of premium sugar products. The outcome of lengthy refining procedures, BETTER WHITE is a purer and more aesthetically pleasing sugar. This premium sugar maintains the quality and taste preferences of Malaysians while having an improved appearance. Better White is ideal for any sweet time because of its superior quality and improved appearance. This premium sugar improves the flavor and appearance of any culinary product, whether it's a cup of coffee, a homemade dessert, or a refreshing beverage. In particular, BETTER WHITE will provide whiter, more aesthetically pleasing baking goods that will be more appealing to customers in the bakery sector.

Restraint Factor for the Refined Sugar Market

Growing health concerns and dietary shifts towards healthier alternatives are hampering the growth of the refined sugar market.

Rising health concerns and changing dietary preferences are increasingly hindering the growth of the refined sugar industry. As awareness grows about the negative health impacts of too much refined sugar, such as weight gain, diabetes, heart issues, non-alcoholic fatty liver disease (NAFLD), cognitive decline, and certain cancers, people are actively cutting back on added sugars, especially in drinks and processed foods. This increased health awareness boosts demand for sugar substitutes like artificial sweeteners and natural options like stevia, as well as products with lower or no added sugar. Additionally, consumers prefer natural sugars from fruits and honey over refined sugar. In response, the food and beverage sector is reformulating products to include more low-sugar or sugar-free choices, launching initiatives to reduce sugar, and using alternative sweeteners to meet changing consumer needs. These trends are collectively decelerating the overall growth of the refined sugar market, as health-focused dietary changes continue to influence consumption patterns worldwide. Introduction of the Refined Sugar Market

Refined sugar is produced by extracting and processing natural sugars from foods such as corn, sugar beets, and sugarcane. It is then added to various foods primarily to enhance flavour. This sugar is obtained from natural sources and refined to remove impurities, resulting in mostly sucrose. Typically, refined sugars are incorporated into foods and drinks to improve taste. They are considered empty calories because they lack vitamins, minerals, protein, fat, fibre, or other beneficial nut...

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.

Graph and download economic data for Global price of Sugar, No. 11, World (PSUGAISAUSDM) from Jan 1990 to Jun 2025 about sugar, World, and price.

The global refined sugar market is a substantial industry, exhibiting consistent growth driven by increasing global population, rising disposable incomes, and the continued demand for sweetened food and beverages. While precise market size figures are unavailable, based on industry reports and typical growth rates for comparable sectors, a reasonable estimate for the 2025 market size could be placed around $50 billion USD. Considering a CAGR (Compound Annual Growth Rate) of, let's assume, 3%, the market is projected to reach approximately $65 billion USD by 2033. This growth is fueled by several key factors: expanding consumption in developing economies, the incorporation of sugar into processed foods and drinks, and the lack of widespread adoption of alternative sweeteners on a large scale. However, the market also faces significant headwinds, including increasing health consciousness leading to reduced sugar consumption in developed nations, governmental regulations aimed at mitigating health risks associated with excessive sugar intake, and fluctuations in raw sugar prices impacting production costs. The market is segmented by various factors including geographic region, distribution channel (retail, food service, etc.), and product type (granulated, powdered, etc.). Key players in the refined sugar market are established multinational corporations such as Südzucker, Cargill, American Crystal Sugar, Imperial Sugar, C&H Sugar, Domino Sugar, Taikoo, and Wholesome Sweeteners, who compete intensely based on price, quality, and brand recognition. The competitive landscape is expected to remain dynamic with ongoing mergers, acquisitions, and strategic partnerships shaping the market structure. Furthermore, future market growth will depend on successful product diversification, innovation in sugar production technologies and the ability to adapt to changing consumer preferences and regulatory environments. Companies are actively exploring sustainable sourcing practices and exploring opportunities within the organic and specialty sugar segments to gain a competitive edge.

Thailand Refined Sugar Prices: Next 30 Months data was reported at 348.770 THB/USD in Sep 2018. This records an increase from the previous number of 342.730 THB/USD for Aug 2018. Thailand Refined Sugar Prices: Next 30 Months data is updated monthly, averaging 418.485 THB/USD from Jul 2014 (Median) to Sep 2018, with 26 observations. The data reached an all-time high of 536.250 THB/USD in Oct 2016 and a record low of 342.730 THB/USD in Aug 2018. Thailand Refined Sugar Prices: Next 30 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.

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.

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

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.

Forecast: Solid Refined White Sugar Market Size Volume in France 2023 - 2027 Discover more data with ReportLinker!

Thailand Refined Sugar Prices: Next 33 Months data was reported at 348.220 THB/USD in Sep 2018. This records a decrease from the previous number of 399.460 THB/USD for Dec 2017. Thailand Refined Sugar Prices: Next 33 Months data is updated monthly, averaging 415.655 THB/USD from Sep 2014 (Median) to Sep 2018, with 16 observations. The data reached an all-time high of 525.990 THB/USD in Oct 2016 and a record low of 348.220 THB/USD in Sep 2018. Thailand Refined Sugar Prices: Next 33 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.

White Sugar Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

Global White Sugar Market Drivers

The market drivers for the White Sugar Market can be influenced by various factors.

These may include: Expanding Requirement from the Food and Beverage Sector: White sugar is an essential component of many confections, baked goods, soft drinks, and processed foods, among other food and beverage products. White sugar demand is driven by the growing food and beverage industries, especially in emerging nations. Urbanisation and Population Growth: The world's population is still expanding, with most of that growth taking place in cities. Urbanisation drives the demand for processed and convenience foods, which are more popular and frequently contain white sugar. Increasing Disposable Income and Consumer Spending: As economies grow in emerging areas, consumers' disposable incomes rise and they spend more on food and drink. This pattern encourages consumers to consume more products that contain sugar, which helps the market for white sugar expand. Growing Food Service Industry: As restaurants, cafes, and fast-food chains spread across the globe, so does the need for white sugar as a staple ingredient in a variety of menu items and drinks. Growth of the baking and Confectionery Sectors: White sugar is heavily consumed by the baking and confectionery sectors. great-quality white sugar is in great demand due to product innovations and the growing appeal of baked goods and confectionery. Seasonal and Festive Consumption Patterns: Sweetened foods and beverages are frequently consumed during cultural and religious festivals, holidays, and celebrations, which causes seasonal increases in the demand for white sugar. Health and Wellness Trends: Although traditional sweetened products are still preferred by a sizable portion of the market, there is a growing trend towards health and wellness, which includes cutting back on sugar intake. Also, consumers who are concerned about their health are becoming more and more in demand for natural and organic white sugar. Growing Retail Market: White sugar becomes more accessible to customers as a result of the expansion of the retail market, which includes supermarkets, hypermarkets, and online shopping platforms. This helps to drive market growth. Trade agreements and government policies : that promote the sugar industry and agriculture can affect the price and supply of white sugar, which in turn affects market dynamics. The market is largely influenced by favourable policies and subsidies in the major sugar-producing nations. Technological Developments in Sugar Production: The productivity and efficiency of sugar production have increased due to technological developments in the extraction and refining processes. The increasing demand for white sugar is met in part by advancements in processing technologies and agricultural techniques.

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Organic Sugar Market Size 2024-2028

The organic sugar market size is forecast to increase by USD 1.18 billion, at a CAGR of 6.28% between 2023 and 2028.

The market is witnessing significant growth, driven by the rising health consciousness among consumers. With an increasing number of people prioritizing their health and wellness, the demand for organic and natural food products, including organic sugar, is on the rise. This trend is further amplified by the emergence of e-commerce platforms, making it easier for consumers to access and purchase organic sugar from the comfort of their homes. Advancements in food processing machinery are also supporting the production and distribution of organic sugar as well as industrial sugar, making it more accessible to a wider audience. However, the high cost of production poses a significant challenge for market players. Organic sugar is produced using traditional methods and requires more land, labor, and time compared to conventional sugar production.
This results in higher production costs, which can impact the competitiveness of organic sugar in the market. To capitalize on the growing demand for organic sugar and navigate the production cost challenges, companies can explore innovative production methods, collaborate with farmers to optimize production, and explore strategic partnerships to reduce costs. Additionally, marketing efforts that emphasize the health benefits of organic sugar can help differentiate products and attract health-conscious consumers. Overall, the market presents a promising growth opportunity for companies that can effectively address production challenges and cater to the evolving consumer preferences.

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

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, shaped by various market dynamics and applications across diverse sectors. Sugarcane harvesting practices, influenced by soil conditions and climate factors, significantly impact the production of organic cane sugar. Refined sugar, high-fructose corn syrup, and invert sugar face competition from organic alternatives, as consumer preferences lean towards natural and healthier options. Food safety remains a paramount concern, driving the adoption of stringent quality control measures throughout the supply chain. Retail channels, including supermarkets and online platforms, expand their offerings of organic sugar, beet sugar, raw sugar, and cane sugar, catering to the increasing demand.

Processing technology advances, such as sugarcane milling and sugar refining, ensure the production of high-quality organic sugar. Meanwhile, the emergence of sugar substitutes, including artificial sweeteners, poses a challenge to the market. Sugarcane planting and harvesting techniques, as well as disease management and pest control, are crucial elements in maintaining the health and productivity of sugarcane crops. The market also intersects with food and beverage industries, as well as health concerns and nutritional information, further influencing market trends. Organic sugar's non-GMO and fair trade attributes, along with its lower glycemic index and calorie content, contribute to its growing popularity.

Market activities unfold continuously, as new sugarcane varieties and sugar beet planting techniques emerge, and price volatility and carbon footprint concerns shape the industry landscape.

How is this Organic Sugar Industry segmented?

The organic sugar industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Crystals
  Molasses


Distribution Channel

  Offline
  Online


Source

  Sugarcane
  Sugar Beet
  Coconut
  Date
  Maple
  Stevia


Certification

  USDA Organic
  EU Organic
  JAS Organic
  Other Regional Certifications


Application

  Food & Beverages
  Personal Care & Cosmetics
  Pharmaceuticals
  Other Industrial Applications


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 Type Insights

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

The market showcases a strong focus on quality control and sustainability. Sugarcane juice, a key input, is traded globally, with careful attention given to land use and soil conditions. The glycemic index and calorie content of organic cane sugar and non-GMO sugar are attractive to

Forecast: Solid Refined Sugar Market Size Volume in Germany 2023 - 2027 Discover more data with ReportLinker!