Sugar rose to 16.78 USd/Lbs on October 6, 2025, up 1.88% from the previous day. Over the past month, Sugar's price has risen 7.36%, but it is still 25.29% 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 October of 2025.

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 consumption of sugar amounted to about ***** million metric tons in 2024/25, and is projected to increase to about *** million metric tons by 2025/2026. With the increase in world trade, better agricultural technology, among other reasons, sugar is cheaper and more widely available than ever. Sugar cane and sugar beets There are two major crops used to produce table sugar, sugar cane and sugar beets. Though they are two separate and distinct plants, the end product is identical no matter which plant is used to manufacture the sugar. In 2021, ****** was the top producer of sugar cane worldwide, while the ****************** topped the list of sugar beets producers. Global sugar market In 2024/2025, about *** million metric tons of sugar were produced worldwide, up from ***** million metric tons of sugar in 2015/2016. India consumes the most sugar of any country, followed by the European Union and China. Between 2026 and 2031, the global price of sugar is expected to increase from about *** U.S. dollars per ton to about *** U.S. dollars per ton. The increase would still mark a lower price than sugar costs in 2022. This means that sugar might be even more readily accessible and affordable in the future, this could lead to further global health problems associated with excess sugar consumption.

Global sugar manufacturers have endured fluctuations in global sugar prices over the five years to 2024. Nonetheless, global sugar manufacturers' revenue is anticipated to strengthen at a CAGR of 5.6% to $83.2 billion over the five years to 2024, including a drop of 8.5% in 2024. Brazil is very influential in the industry's health. The country produces and exports the most sugar of any nation and is also the second-largest producer of ethanol, which is often produced from sugarcane. As energy prices have strengthened over the past five years, Brazil has expansively diverted more of its sugar stock toward ethanol production. Brazil's changing production and export levels have impacted the world supply of sugar, which, in turn, has disturbed world sugar prices. For example, prior to the current period, in 2011, when Brazil cut its production of sugar by 2.0 million tons, the world price of sugar shot up 25.6%; the following year, as Brazil boosted production by more than 2.0 million tons, the world price of sugar dropped 18.5%. These fluctuations in production, coupled with other countries following Brazil's lead and diverting their sugar stock toward ethanol production or other more valuable crops, have led revenue for the entire industry to endure intense volatility during the current five-year period. Profit, measured as earnings before interest and taxes, inched upward to 6.1% of revenue in 2024. These factors are expected to continue driving volatility in the world price of sugar and global sugar manufacturers' revenue over the five years to 2029. Despite ongoing fluctuations, the world price of sugar will moderately drop as global demand for sugar and sugar-heavy products dips, along with lower energy prices, which will likely prompt demand for alternative fuel sources, like ethanol. Also, as demand from developing nations continues to swell and as trade barriers are expansively removed, global production and international trade of sugar will strengthen. As a result of these factors, global sugar manufacturers' revenue will drop at a CAGR of an estimated 1.2% over the next five years to $78.5 billion in 2029.

Sugar Price Index in World decreased to 99.40 Index Points in September from 103.60 Index Points in August of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

This statistic shows total sugar exports worldwide from 2012/2013 to 2023/2024. During the 2023/2024 period, global sugar exports amounted to approximately ***** million metric tons, up from about ***** million metric tons the previous year. Sugar facts Sugar is a sweet, crystal-like substance normally used as a sweetener for beverages and food products. Sugars are classified into monosaccharides and disaccharides. Fructose, galactose and glucose are examples of simple sugars. Compound sugars include lactose, maltose and sucrose. There are many types of sugars such as agave nectar, coconut sugar, maple sugar and high-fructose corn syrup. However, sucrose, which is found in the stems of sugarcane and in the roots of sugar beets, is the most common variety. While sugar is a source of carbohydrates and energy, it is packed with empty calories. Consuming large amounts of sugar can give a person a sated feeling without supplying any necessary nutrients. Furthermore, research has shown that drinking sugary drinks is linked to type II diabetes. Global sugar production and trade In the 2022/23 crop year, the global production of sugar amounted to approximately *** million metric tons. Asia accounted for roughly one-third of the production volume, while South America and Europe contributed about ** percent and eight percent respectively. Over the past five years, more than ** million metric tons of sugar had been exported worldwide annually. Brazil was the world’s leading sugar-exporting country during the 2022/23 period, followed by Thailand, India, and Australia.

Global Cane Sugar market size is expected to reach $215.06 billion by 2029 at 3.6%, navigating the growth surge in the cane sugar industry fueled by escalating demand for sugar-rich confectionery products and soft drinks

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.

This statistic illustrates the total sugar production worldwide from 2010/2011 to 2023/2024, with a forecast for 2024/2025. In 2023/2024, approximately ***** million metric tons of sugar were produced in total worldwide. Sugar - history and facts Sugar, used as a sweetener in food and beverages, is a sweet crystalline substance acquired from various plants, such as sugar cane and sugar beet. It is said that sugar had first been used in the Polynesian Islands more than five thousand years ago. Early Polynesians discovered that sugar cane held a sweet-tasting liquid and could be used in preparing food. Sugar cane then became widespread due to trade, invasions and conquests. In 1493, Christopher Columbus brought sugar cane to the Caribbean and the crop thrived in the fertile environment. Sugar production In 2022/23, the world sugar production amounted to approximately *** million metric tons. During this period, Asia was the largest sugar-producing region in the world, yielding almost ** million metric tons of sugar. India, Thailand, and China were the region's top sugar producers.Sugar production in Brazil has fluctuated over the past five years. In 2015/2016, the country produced approximately **** million metric tons of sugar. However, this production was forecast to increase to roughly ** million metric tons in 2023/24. In 2021, Brazil was the leading global sugar cane producer, with a production volume of ***** million metric tons. That year, Russia and France were the primary sugar beet producers worldwide.

Global Industrial Sugar market size is expected to reach $64.88 billion by 2029 at 6%, sweets and dairy delights the impact of confectionery products on the growing industrial sugar market

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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

The sugar market attained a volume of 182.11 Million Tons in 2024. The industry is expected to grow at a CAGR of 1.00% during the forecast period of 2025-2034. By 2034, the market is expected to reach a volume of 201.16 Million Tons.

The global sugar market is experiencing rapid growth due to rising consumption in emerging economies. Population growth, urbanization, and increasing disposable incomes in Asia and Africa are key contributors. According to industry reports, the global consumption of sugar was estimated to reach 182.867 million tonnes in 2024-25. India and China are also leading this surge, with growing middle classes consuming more processed foods and sugary beverages.

Government biofuel mandates and evolving energy market trends are shaping decisions in the sugar industry, particularly in countries where sugarcane is a key feedstock for ethanol production. Brazil and India are largely implementing ethanol blending programs. In October 2024, India accelerated its ethanol blending targets with a 20% ethanol-petrol blending by 2025. These policies are incentivizing producers to divert sugarcane from sugar production to ethanol when fuel prices are high or blending mandates are increased.

Packaging innovations are boosting the sugar market dynamics for improving product freshness, convenience, and sustainability. Advanced packaging materials and recyclable plastics are limiting environmental impacts, appealing to eco-conscious consumers. In June 2024, prominent French sugar brand Cristalco transitioned its 500g Daddy Sugar icing sugar container from plastic to a fully recyclable Sonoco cardboard design. These innovations are enhancing brand differentiation and shelf appeal, allowing companies to attract new customers and enter niche markets.

Sugar manufacturers have faced volatile commodity prices and fluctuating weather patterns over the past five years. Over this timeframe, strong export growth has helped industry revenue weather these challenges. Advanced infrastructure, like private sugarcane railway systems and strategically located bulk sugar terminals, has maximised the efficiency of transporting Australian sugar to international markets. These advantages, coupled with economies of scale from large-scale production, have made Australian sugar more competitive globally, helping to boost export volumes. Manufacturers have diversified income streams by using bagasse, a byproduct of sugar production, as a sustainable energy source, which has contributed to an improvement in industry profitability. Recently, India’s partial lifting of its export caps on sugar, imposed to prevent a spike in the country’s domestic sugar prices, has increased global supply, driving down world sugar prices. Domestic consumer preferences have shifted as awareness of health risks associated with sugar consumption has grown, leading more individuals to seek healthier alternatives. This shift has subdued domestic demand, contributing to a forecast 3.8% decline in industry revenue in 2025-26 to $3.9 billion. Overall, industry revenue is expected to climb at an annualised 2.3% over the five years through 2025-26. Over the past decade, major players have consolidated their dominance in the industry. Wilmar Sugar, Mackay Sugar, MSF Sugar, Tully Sugar and Bundaberg Sugar collectively control 95.1% of the market share. These companies have leveraged their size to negotiate more favourable shipping rates, strengthening their competitive position. Fluctuations in global demand and supply and domestic sugarcane production will continue to influence sugar manufacturers' performance. Output from the two largest global sugar producers, Brazil and India, is forecast to have the most significant influence on global supply and sugar prices. Australian manufacturers are well-positioned to expand their international presence, leveraging production capacity and efficient logistics to enhance their competitiveness in international markets and maintain exports. Industry revenue is forecast to remain relatively stable over the five years through 2030-31, at $3.9 billion.

Learn about the expected growth in the global sugar market over the next decade, driven by increasing demand worldwide.

Learn about the projected growth of the sugar market worldwide, with an expected increase in consumption over the next decade. Market performance is set to accelerate, leading to a significant rise in market volume and value by 2035.

Employment statistics on the Global Sugar Manufacturing industry in Global

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 Global price of Sugar, No. 11, World (PSUGAISAUSDQ) from Q1 1990 to Q2 2025 about sugar, World, and price.

Available data formats for the Global Sugar Market Size, Share, Opportunities, And Trends By Product Type (Granular, Powder, Liquid), By Application (Dairy, Beverages, Confectionary & Bakery, Processed Food, Others), And By Geography - Forecasts From 2025 To 2030 report.

789 Global import shipment records of Sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.