Get the latest insights on price movement and trend analysis of 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.

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.

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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

Pakistan Average Retail Price: Sugar: Open Market data was reported at 53.700 PKR/kg in 2018. This records a decrease from the previous number of 64.940 PKR/kg for 2017. Pakistan Average Retail Price: Sugar: Open Market data is updated yearly, averaging 25.280 PKR/kg from Jun 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 72.720 PKR/kg in 2011 and a record low of 11.260 PKR/kg in 1991. Pakistan Average Retail Price: Sugar: Open Market data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Sugar and Sweets in U.S. City Average (CUUR0000SEFR) from Jan 1935 to Jun 2025 about urban, consumer, CPI, inflation, price index, indexes, price, and USA.

In 2024, the global sugar market increased by 2.9% to $118.2B, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market reached the peak level at $126.7B in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

During the 2023/24 crop year, refined sugar in the Philippines was being sold at 88 Philippine pesos, a significant decrease from the prevailing retail price in the previous crop year, which was about 105 Philippine pesos per kilo. The retail price of washed and raw sugar also decreased in this period.

Loose, granulated white sugar, regardless of type or packaging size. Excludes brown sugar and artificial sweeteners."

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.

Retail Price: DCA: Monthly Average: Sugar: Karnataka data was reported at 43.770 INR/kg in Apr 2025. This records an increase from the previous number of 43.390 INR/kg for Mar 2025. Retail Price: DCA: Monthly Average: Sugar: Karnataka data is updated monthly, averaging 38.390 INR/kg from Jan 2014 (Median) to Apr 2025, with 136 observations. The data reached an all-time high of 43.960 INR/kg in Oct 2017 and a record low of 26.410 INR/kg in Aug 2015. Retail Price: DCA: Monthly Average: Sugar: Karnataka data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC109: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by States: Sugar.

Sugar retail prices can vary widely depending on various factors such as the country, brand, type of sugar, and market demand. Factors affecting sugar retail prices include country and region, brand, type of sugar, market demand and supply, and global market trends. This article provides examples of sugar retail prices in different countries, emphasizing the need to check local stores or online retailers for current prices.

In 2021, the average retail refined sugar price in the U.S. amounted to 68.4 cents per pound, rising by 8% y/y. This year, sugar prices in the U.S. are forecast to drop 4% y/y with government support measures.

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.

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.

Brown Sugar Market Outlook

The global brown sugar market size was valued at USD 22.5 billion in 2023 and is projected to reach USD 34.8 billion by 2032, growing at a CAGR of 4.7% during the forecast period. The growth of the brown sugar market is driven by increasing consumer preference for natural and minimally processed sugars, the rising popularity of bakery and confectionery products, and a growing inclination towards organic and healthier food options.

Several factors contribute to the growth of the brown sugar market. Firstly, the demand for brown sugar is significantly driven by its wide application in the food and beverage industry, particularly in bakery and confectionery products. Brown sugar imparts a distinct flavor and moisture to baked goods, making it an essential ingredient in a variety of recipes. Additionally, the increasing consumption of beverages such as coffee and tea, where brown sugar is often preferred for its rich flavor and color, further boosts market demand.

Another important growth driver is the shift towards organic and healthier food products. Consumers are becoming more health-conscious and are seeking alternatives to highly refined sugars. Organic brown sugar, which is minimally processed and free from chemical additives, is witnessing substantial demand. This trend is particularly strong in developed regions such as North America and Europe, where organic and natural food products are gaining significant traction.

Furthermore, the rising disposable incomes in emerging economies and the rapid urbanization trends are contributing to the increased consumption of brown sugar. As urban populations grow, there is a corresponding rise in the number of households and foodservice establishments, leading to higher demand for various food products, including those containing brown sugar. The expanding middle-class population in countries like China and India is also playing a key role in driving market growth.

Molasses Sugar, a byproduct of the sugar refining process, is gaining attention for its unique flavor profile and nutritional benefits. Unlike traditional refined sugars, Molasses Sugar retains more of the natural minerals found in sugarcane, such as iron, calcium, and potassium, making it a healthier alternative. Its rich, robust taste makes it an ideal ingredient for a variety of culinary applications, from baked goods to savory dishes. As consumers become more health-conscious, the demand for Molasses Sugar is expected to rise, particularly in markets where natural and minimally processed foods are gaining traction. This trend aligns with the broader movement towards organic and sustainable food products, offering new opportunities for producers and retailers in the sugar industry.

Regionally, the Asia-Pacific market is anticipated to witness the highest growth during the forecast period. This can be attributed to the large population base, increasing urbanization, and the expanding food and beverage industry in countries such as China, India, Japan, and South Korea. The North American and European markets are expected to maintain steady growth, driven by the strong demand for organic and natural food products, as well as the established bakery and confectionery industries in these regions.

Product Type Analysis

The brown sugar market is segmented by product type into light brown sugar, dark brown sugar, organic brown sugar, demerara sugar, and others. Each type has unique characteristics and applications, catering to diverse consumer preferences and industrial requirements. Light brown sugar contains less molasses compared to dark brown sugar, making it lighter in color and milder in flavor. It is commonly used in baking, particularly for cookies and cakes, due to its ability to enhance the texture and impart a subtle caramel flavor.

Dark brown sugar, on the other hand, contains a higher molasses content, giving it a richer color and stronger flavor. This type is preferred in recipes where a more intense flavor is desired, such as in gingerbread, barbecue sauces, and baked beans. The higher moisture content of dark brown sugar also makes it suitable for applications requiring a softer texture and added moisture retention.

Organic brown sugar is gaining popularity as consumers seek healthier and environmentally friendly alternatives. Produced from organically grown sugarcane, this type is minimally processed and free from syntheti

Pakistan Average Retail Price: Sugar Refined data was reported at 168.630 PKR/kg in Apr 2025. This records an increase from the previous number of 168.400 PKR/kg for Mar 2025. Pakistan Average Retail Price: Sugar Refined data is updated monthly, averaging 127.170 PKR/kg from Jan 2020 (Median) to Apr 2025, with 44 observations. The data reached an all-time high of 168.630 PKR/kg in Apr 2025 and a record low of 75.800 PKR/kg in Jan 2020. Pakistan Average Retail Price: Sugar Refined data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.P: Average Retail Price: 2015-16 Price.

Philippines Price: Sugar: Retail: Washed data was reported at 55.000 PHP/kg in 20 Jan 2019. This stayed constant from the previous number of 55.000 PHP/kg for 13 Jan 2019. Philippines Price: Sugar: Retail: Washed data is updated weekly, averaging 51.000 PHP/kg from Oct 2016 (Median) to 20 Jan 2019, with 119 observations. The data reached an all-time high of 59.000 PHP/kg in 25 Nov 2018 and a record low of 48.000 PHP/kg in 03 Jun 2018. Philippines Price: Sugar: Retail: Washed data remains active status in CEIC and is reported by Sugar Regulatory Administration. The data is categorized under Global Database’s Philippines – Table PH.P004: Sugar Prices.

Raw Sugar Sales Market Outlook

In 2023, the global raw sugar sales market size is estimated to be valued at approximately $15 billion, and it is projected to reach around $22 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.2%. The market's robust growth is primarily driven by the increasing demand for natural and unprocessed sweeteners in various applications, such as food and beverages, pharmaceuticals, and personal care. The shift towards healthier lifestyles and the growing preference for organic and less refined sugar products have further accelerated market growth, as more consumers seek alternatives to highly processed sugars. The increasing application of raw sugar in diverse industries, coupled with advancements in sugar production techniques, is expected to fuel the market’s expansion over the forecast period.

The rising awareness of health and wellness among consumers is one of the fundamental growth factors contributing to the raw sugar sales market. Consumers are becoming increasingly conscious of the health implications associated with excessive consumption of processed and refined sugars, leading to a shift towards natural alternatives such as raw sugar. Raw sugar retains more of the natural molasses content, which is stripped away during the refining process of white sugar, preserving more nutrients and flavor. This nutrient content and the perception of being a healthier alternative drive its demand in various applications, particularly in the food and beverages industry. Additionally, the surge in the popularity of organic food products further bolsters the demand for organic raw sugar, which is perceived as a more eco-friendly and sustainable choice compared to conventional sugars.

Further fueling market growth is the increasing application of raw sugar in the pharmaceutical and personal care industries. In pharmaceuticals, raw sugar is used as an excipient or filler in drug formulations due to its stability and cost-effectiveness. Its application extends to personal care products as well, where it serves as a natural exfoliant and moisturizing agent, capitalizing on the trend of incorporating natural ingredients in beauty and skincare products. With consumers gravitating towards products that offer added health benefits and are environmentally sustainable, the utilization of raw sugar in these industries is anticipated to rise, thus contributing to its overall market expansion.

Another significant growth factor is the expansion of distribution channels, particularly online retail. The increasing penetration of e-commerce platforms has facilitated easier access to a wide variety of raw sugar products, enabling consumers to purchase them directly from manufacturers and suppliers. This accessibility is complemented by the growing trend of direct-to-consumer sales models, which allow producers to offer competitive pricing and exclusive products, thus driving sales. As digital literacy and internet connectivity continue to improve globally, online retail is expected to play a crucial role in propelling the raw sugar sales market further.

Regionally, the Asia Pacific holds a prominent position in the raw sugar sales market, driven by both high production and consumption rates in countries like India and China. The region's substantial population and diverse culinary habits contribute significantly to the sustained demand for raw sugar. Moreover, the region's favorable climatic conditions and abundant sugarcane cultivation areas provide a steady supply of raw sugar, supporting local industries. Meanwhile, North America and Europe are witnessing increased raw sugar demand due to the growing health-conscious consumer base and regulatory measures against excessive sugar consumption, encouraging the shift to raw sugar alternatives. These trends are likely to continue, promoting steady growth across these key regions.

Product Type Analysis

The raw sugar market is segmented into organic raw sugar and conventional raw sugar, each with distinct market dynamics and consumer bases. Organic raw sugar is gaining significant traction due to the increasing consumer preference for organic and natural food products. This segment is driven by the growing awareness of the environmental impacts of conventional agriculture, leading to a shift toward sustainable and eco-friendly farming practices. Organic raw sugar is perceived as a healthier option, free from synthetic pesticides and fertilizers, which resonates well with health-conscious consumers. As the demand for organic food and beverages grows, the market for organic raw sugar is expected to expand rapidly, supported b