Sugar decreased 0.21 Cents/LB or 1.07% since the beginning of 2025, 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 March of 2025.

The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. The largest sugar markets worldwide were India ($11B), Brazil ($8.3B) and China ($7.6B), together accounting for 26% of the global market.

This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.

The sugar market in the United States is expected to continue growing over the next decade, driven by increasing demand. Market performance is forecasted to expand with a CAGR of +1.2% in volume and +1.6% in value from 2024 to 2035.

The FAO Sugar Price Index was measured at 111.2 points for January 2025. 2023 saw the highest prices since 2011. The combined impact of the coronavirus pandemic, the war in Ukraine, and high inflation rates likely contributed to increasing prices in past years. Global sugar price In 2024, the global sugar price is forecast to decrease by more than ten percent, as compared to 2023. In general, the total sugar consumption worldwide has gradually increased during the last 12 years. In 2010/11, the global consumption of sugar amounted to about 156 million metric tons. By 2023/24, it had increased to about 177 million metric tons. However, the market value of the global sugar industry has fluctuated over the years. In 2012, the global sugar manufacturing industry was valued at over 113 billion U.S. dollars, compared to just under 78 billion U.S. dollars in 2022. Global sugar exports Total global sugar exports amount to more than 68 million metric tons per year. The leading sugar-exporting country worldwide is Brazil. The South American country is the world’s largest sugar producer and accounts for about half of the entire global sugar exports. Thailand and India are the countries with the second and third most sugar exports worldwide. Those two countries export about 10 and 4.6 million metric tons of sugar per year, respectively. The main importer of sugar worldwide is Indonesia. The Southeast Asian country imports approximately five million metric tons of sugar. The United States ranks in third place, with sugar imports of about 3.1 million metric tons of sugar annually.

Explore the forecasted growth of the sugar market in China over the next decade, driven by increasing demand. By 2035, the market volume is expected to reach 15M tons with a value of $13.1B.

The rare sugar market is expected to exceed US$ 1.5 billion in 2022 and reach US$ 2.1 billion by 2032, with a steady 4.1 percent CAGR between 2022 and 2032.

Attributes	Details
Rare Sugar Market Size (2022E)	US$ 1.5 Billion
Rare Sugar Market Projected Size (2032F)	US$ 2.1 Billion
Value CAGR (2022 to 2032)	4.1%

Scope of the Report

Attributes	Details
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2022
Market Analysis	US$ Billion for Value and MT for Volume
Key Regions Covered	North America, Latin America, Europe, Asia Pacific, Oceania, and Middle East, and Africa
Key Countries Covered	USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, and United Arab Emirates(UAE)
Key Segments Covered	Product, Application, and Region
Key Companies Profiled	Douglas Laboratories DuPont de Nemours Inc. Nature supplies Sweet Cures Hebei Huaxu ASTRAEA Allulose Specom Biochemical Sanwa Starch Tate & Lyle Matsutami Chemical industry Other
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

The Sugar-Free Food and Beverage Market Report is Segmented by Product Type (Beverages, Dairy and Dairy Alternatives, Confectionery, Bakery Products, Dietary Supplements, and Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Abovementioned Segments.

With a growing global demand for sugar, the market is expected to see a steady increase in consumption over the next decade. Forecasts indicate a positive trend pattern with a projected market volume of 199M tons and market value of $147.9B by 2035.

Middle East and Africa Molasses Sugar market will be USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The market is foreseen to reach USD xx million by 2031 owing to an increasing consumer awareness of natural sweeteners.

Explore the forecasted growth of the sugar market over the next decade, driven by increasing global demand. Market volume is projected to reach 199M tons by 2035 with a CAGR of +0.8%, while market value is expected to rise to $147.9B by the end of 2035.

In the fourth quarter of 2023, the price of sugar beets in the United States reached 918 USD/MT by December. Similarly, in France, sugar beet prices hit 2514 USD/MT in the same month. Germany also saw sugar beet prices reaching 1605 USD/MT during Q4 2023. This report delves into the spot price of sugar beets at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed sugar beets price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Discover the latest trends in the global sugar market and projections for the next decade, with an expected increase in consumption and market volume. Anticipated CAGR for market volume is +0.8% and for market value is +2.0% from 2024 to 2035.

According to Cognitive Market Research, The Global Beet Pulp market size is USD 0.254 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.20% from 2023 to 2030.

The demand for beet pulps is rising due to the increased usage of beet pulp pellets for horse feed to aid growth.
Demand for Dried Pulp remains higher in the beet pulp market.
The Pressed Pulp category held the fastest beet pulp market revenue share in 2023.
North America will continue to lead, whereas the Asia-Pacific beet pulp market will experience the most substantial growth until 2030.

Growing Demand for Animal Feed to Provide Viable Market Output

One key driver fuelling the beet pulp market is the increasing demand for animal feed. Beet pulp, a by-product of sugar beet processing, is a valuable ingredient in livestock and pet nutrition. Rich in fibre and nutrients, it enhances the overall quality of feed, promoting animal health and growth. With a rising global population and subsequent growth in meat consumption, the demand for high-quality animal feed, including beet pulp, is experiencing a notable surge.

In October 2019, Trouw Nutrition Canada acquired Yantzi’s Feed & Seed Ltd., The acquisition includes Yantzi’s feed manufacturing, grain storage, crop input facility and retail store.

(Source: www.world-grain.com/articles/12807-trouw-nutrition-to-acquire-yantzis-feed-seed-ltd)

Sustainable Agriculture Practices to Propel Market Growth

Another significant driver in the beet pulp market is the emphasis on sustainable agriculture practices. As the agricultural industry faces scrutiny for its environmental impact, there is a growing trend toward utilizing by-products like beet pulp to reduce waste and promote sustainability. Farmers and food processors are increasingly recognizing the value of incorporating beet pulp into animal feed, aligning with eco-friendly practices and contributing to the circular economy by repurposing waste from sugar production into a valuable resource for livestock nutrition.

In July 2019, Sucden acquired TRIO Sugar Business. As a result of the acquisition, Sucden became the majority partner in TRIO’s sugar business and beet growing areas.

(Source: www.clearygottlieb.com/news-and-insights/news-listing/sucden-acquires-trio-sugar-business)

Market Dynamics of the Beet Pulp

Fluctuating Sugar Prices to Restrict Market Growth

One key restraint impacting the beet pulp market is the vulnerability to fluctuating sugar prices. Since beet pulp is a by-product of sugar extraction from sugar beets, the market is influenced by the economics of the sugar industry. When sugar prices experience volatility due to factors such as weather conditions, global demand, or trade policies, it directly affects the financial viability of sugar production, subsequently impacting the availability and pricing of beet pulp. This interdependence exposes the beet pulp market to uncertainties associated with the broader sugar industry dynamics.

Impact of COVID–19 on the Beet Pulp Market

The COVID-19 pandemic significantly impacted the beet pulp market, introducing challenges across the supply chain. Disruptions in transportation and labor shortages led to logistical constraints, affecting the distribution of beet pulp products. Moreover, the closure of restaurants and hospitality services resulted in a shift in consumer behavior, influencing the demand for animal feed and by-products. Farmers faced challenges in procuring and transporting beet pulp for livestock feed, impacting overall agricultural practices. Despite these challenges, the resilience of the agricultural sector and adaptability within supply chains have allowed the beet pulp market to navigate these disruptions. As the world gradually recovers from the pandemic, the beet pulp market is expected to stabilize, with a renewed focus on sustainable agricultural practices and food security. Introduction of the Beet Pulp Market

Beet pulp is the fibrous portion of the sugar beet, left after the sugar and liquid have been removed. It is mechanically pressed, dried, and then pelletized into a 5/16" (8mm) diameter pellet. Growth is fuelled by increased usage of beet pulp pellets for the horse feed to aid the growth.

June 2019: Several countries in Europe witnessed a downward trend in sugar beet pulp pellets (SBPP) prices due to numerous factor...

According to Cognitive Market Research, The Global Cotton Candy market will grow at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030.

The global cotton candy market will expand at a significant 5.20% CAGR between 2023 and 2030.
The demand for the cotton candy market is rising due to increasing demand for this nostalgic and popular treat. Cotton candy has remained a beloved treat for people of all ages, and its appeal at various events and venues has contributed to the growing demand for cotton candy machines.
Demand for no-content cotton candy remains higher in the cotton candy market.
The offline sales held the highest cotton candy market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific cotton candy market will experience the strongest growth until 2030.

Growing Popularity of Cotton Candy at Events to Provide Viable Market Output

One of the significant drivers of the Cotton Candy Market is its enduring popularity at various events and gatherings. Cotton candy has long been a staple at amusement parks, fairs, carnivals, sporting events, and other entertainment venues. Its whimsical, colorful appearance and sweet, airy texture make it a favorite treat among children and adults. With the resurgence of outdoor events and festivals, driven by consumers' desire for unique experiences, the demand for cotton candy has remained robust. Vendors at such events often rely on cotton candy as a nostalgic and eye-catching attraction, drawing in crowds and contributing to their revenue.

Cotton Candy Launched the LED Light Kit by Gold Medal. Enhance the allure of cotton candy machines with a vibrant and captivating visual display. This remarkable product presents a mesmerizing array of colors, creating an attention-grabbing light show that can be enjoyed in indoor and outdoor settings with minimal lighting.

(Source:naconline.org/2022/09/gold-medal-launches-cotton-candy-led-light-kit/)

Furthermore, cotton candy has evolved beyond traditional pink and blue flavors to include a wide range of innovative flavors and organic options, catering to changing consumer preferences for natural and exciting taste experiences. As event attendance continues to grow, driven by the desire for live entertainment and social interactions, cotton candy will remain a sought-after treat and a driver of market growth.

Market Dynamics of Cotton Candy

Health and Nutrition Concerns to Hinder Market Growth

The Cotton Candy Market is the increasing awareness and concerns regarding health and nutrition. Cotton candy is essentially spun sugar, mainly refined sugar and artificial flavourings. In a time when health-consciousness is on the rise, consumers are becoming more mindful of their sugar intake and are seeking healthier snack alternatives. Cotton candy's high sugar content and lack of nutritional value have led to apprehensions among parents and health-conscious individuals. Public health campaigns and education on the risks of excessive sugar consumption have also contributed to a shift in consumer preferences towards more healthful snacks. As a result, the Cotton Candy Market is facing challenges in marketing itself as a viable treat in an era where consumers are looking for healthier, low-sugar, and natural snack options.

Impact of COVID–19 on the Cotton Candy Market?

The COVID-19 pandemic had a notable impact on the Cotton Candy Market. With social distancing measures, restrictions on outdoor gatherings, and temporary closures of entertainment venues like cinemas, theme parks, and sporting events, the demand for cotton candy, often associated with such outings, experienced a significant decline. Vendors relying on large-scale events and public gatherings for sales were particularly affected, leading to disruptions in the cotton candy supply chain. However, the market showed resilience as manufacturers quickly adapted to the changing consumer landscape by diversifying their distribution channels, focusing on e-commerce, and introducing smaller, home-use cotton candy machines. This shift in strategy helped mitigate some of the pandemic's adverse effects and ensured a continuous supply of cotton candy to consumers, albeit through different channels. Introduction of Cotton Candy

Cotton candy is a delicious confection created from spun sugar that mimics cotton. It is often referred to as candy floss or fairy floss. As a result ...

The global methyl glucose market is projected to reach a value of USD 943.27 million by 2033, expanding at a CAGR of 3.97% during the forecast period. Methyl glucose is a type of sugar that is derived from starch and is used as a sweetener and thickener in various food and beverage products. The rising demand for processed and packaged food products, as well as the growing popularity of low-calorie sweeteners, is driving the growth of the global methyl glucose market. Additionally, the increasing use of methyl glucose in pharmaceuticals and cosmetics is further contributing to the market growth. The market is segmented by type, source, application, end product, company, and region. By type, the liquid segment is expected to hold the largest market share during the forecast period due to its ease of handling and use in various food and beverage applications. By source, the corn segment is projected to dominate the market due to the wide availability and cost-effectiveness of corn starch. In terms of application, the food & beverages segment is expected to account for the largest share of the market, followed by the pharmaceuticals and cosmetics segments. By region, Asia Pacific is projected to be the fastest-growing region in the global methyl glucose market, driven by the rising demand for processed food and beverages in the region. Recent developments include: In 2023, the Methyl Glucose Market was valued at approximately USD 1.6 billion, and it is projected to reach USD 2.2 billion by 2032, exhibiting a CAGR of 3.97% during the forecast period. Factors driving the growth of the market include the increasing demand for methyl glucose in various applications such as food and beverages, pharmaceuticals, and cosmetics.Recent news and current affairs in the market include the growing adoption of methyl glucose as a sweetener in sugar-free products, the development of new and innovative applications for methyl glucose, and the increasing demand for methyl glucose from emerging markets. The market is expected to witness significant growth in the coming years, driven by factors such as rising consumer awareness about the health benefits of methyl glucose, increasing disposable income, and the growing popularity of convenience foods.. Key drivers for this market are: Expanding beverage industry Rising demand for pharmaceuticals Increasing application in food processing. Potential restraints include: Rising demand Technological advancements Growing awareness Changing lifestyle Cost-effectiveness.

The market share of molasses is predicted to grow from US$ 11952.75 Million in 2023 to over US$ 23512.86 Million by 2033. This is expected to further drive the market share of molasses and register a CAGR of 7.0% between 2023 and 2033. Increasing consumption of molasses in the animal feed industry and biofuel industry is driving the global molasses market's growth.

Attributes	Details
Molasses Market Value (2023)	US$ 11952.75 Million
Molasses Market Expected Value (2033)	US$ 23512.86 Million
Molasses Market Projected CAGR (2023 to 2033)	7.0%

Global Molasses Market Historical Analysis (2017 to 2022) Vs. Forecast Outlook (2023 to 2033)

Historical CAGR (2016 to 2022)	5.2%
Historical Market Value (2021)	US$ 10439.99 Million
Forecast CAGR	7.0%

Scope of Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2023
Market Analysis	US$ Million for Value and MT for Volume
Key Regions Covered	North America Latin America Europe Middle East & Africa (MEA) East Asia
Key Countries Covered	USA, Canada, Brazil, Mexico, Chile, Peru, Germany, UK, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Turkey
Key Segments Covered	Source Type Nature End Use Sales Channel Region
Key Companies Profiled	Crosby Molasses Co Ltd. (Canada) The Archer Daniels Midland Company (USA) Michigan Sugar Company (USA) B&G Foods Inc.(USA) Cora Texas Manufacturing Company, LLC (USA) Good Food Inc. (USA) E D & F Man Holdings Limited (UK) B&G Foods, Inc. (USA) Malt Products Corporation (USA) Westway Feed Products LLC (USA) Sweet Harvest Foods Inc. (USA) Domino Specialty Ingredients (USA)
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Discover the projected growth of the sugar market in Africa over the next decade, driven by increasing demand. By 2035, the market volume is expected to reach 25M tons, with a value of $17.7B.

The global Isomalto Oligosaccharide market size was valued at USD 0.85 billion in 2025 and is projected to reach USD 1.58 billion by 2033, exhibiting a CAGR of 5.65% during the forecast period. The market growth is primarily driven by the rising demand for low-calorie and healthy sweeteners in food and beverage applications. Isomalto Oligosaccharide is a natural, non-cariogenic sweetener that offers similar sweetness to sucrose but with a lower glycemic index. This makes it a suitable option for diabetic patients and consumers seeking sugar alternatives. The functional properties of Isomalto Oligosaccharide, such as prebiotic activity, dietary fiber content, and low glycemic index, are also contributing to its growing popularity. As consumer awareness about the health benefits of prebiotics and dietary fiber increases, the demand for Isomalto Oligosaccharide is expected to rise in the coming years. Furthermore, the growing trend of clean label products and the increasing prevalence of digestive disorders are creating favorable conditions for market growth. Geographically, Asia Pacific is expected to hold a significant share of the global Isomalto Oligosaccharide market due to the strong demand from emerging economies like China and India. Recent developments include: , The Global Isomalto Oligosaccharide Market is projected to reach USD 1.39 billion by 2032 from an estimated USD 0.85 billion in 2023, at a CAGR of 5.65%. The growth of the market is attributed to the increasing demand for isomalto oligosaccharides in the food and beverage industry, as a sugar substitute and a prebiotic ingredient. Asia-Pacific is expected to be the fastest-growing region in the market, owing to the increasing consumption of processed foods and beverages in the region. Key players in the market include Cargill, Incorporated, Matsutani Chemical Industry Co., Ltd., and Ingredion Incorporated. Recent news developments include the launch of new isomalto oligosaccharide-based products, such as prebiotic supplements and sugar-free beverages.. Key drivers for this market are: Demand for lowcalorie sweeteners Rising health consciousness Growing consumer preference for natural ingredients Expansion into emerging markets. Potential restraints include: Rising Healthcare Expenditure Increasing Prevalence of Diabetes Growing Demand for Functional Foods Technological Advancements Strategic Partnerships.

According to Cognitive Market Research, The Global Toffee market will grow at a compound annual growth rate (CAGR) of 4.00% from 2023 to 2030.

The demand for the toffee market is rising due to the increasing desire for sugar-free candies and the availability of numerous flavor options.
Demand for milk Toffee remains higher in the toffee market.
The offline sale category held the highest toffee market revenue share in 2023.
Asia Pacific will continue to lead, whereas the North American toffee market will experience the strongest growth until 2030.

Expanding Flavor Varieties to Provide Viable Market Output

The growth of the toffee market is the continuous expansion of flavor varieties. Toffee manufacturers increasingly focus on innovation and diversification, introducing new and exotic flavors to cater to changing consumer preferences. Traditional flavors like classic butter toffee and chocolate-covered Toffee remain popular. Still, demand for unique and gourmet flavors such as sea salt caramel, coffee-infused Toffee, and fruit-flavored toffees has been a notable rise.

Perfetti Van Melle USA Inc. launched its inaugural soft gummy product in the United States under the well-established Fruit-Tella brand in 2020. Fruit-Tella Soft Gummies are crafted using pectin instead of gelatin and contain authentic fruit puree. These gummies are offered in Raspberry, Peach, Strawberry, and Mango flavors, each featuring a playful fruit character shape.

These innovative flavor profiles attract existing customers and entice new consumers, especially those seeking novel taste experiences. As manufacturers experiment with diverse ingredients and flavor combinations, it enhances product appeal and creates a competitive edge in the market.

Health-Conscious Toffee Alternatives to Propel Market Growth

The growing demand for health-conscious coffee alternatives. With increasing awareness about health and wellness, consumers seek confectionery products that offer indulgence without compromising health. In response, the market has witnessed the emergence of healthier toffee options, including sugar-free, organic, and low-calorie varieties. Manufacturers are utilizing natural sweeteners, such as stevia and monk fruit, to create toffees that cater to diabetic and health-conscious consumers. Additionally, there is a rising trend of incorporating functional ingredients like nuts, seeds, and superfoods into toffee formulations, providing nutritional benefits.

Consumers' Growing Preferences for Upscale and Indulgent Confectionery Products Fuels the Market

Market Dynamics of the Toffee

Supply Chain Disruptions and Raw Material Costs to Hinder Market Growth

The toffee market has been the challenge of supply chain disruptions, especially during the COVID-19 pandemic. Lockdowns, restrictions, and transport issues have hindered the smooth flow of raw materials and finished products. This has led to erratic production schedules and, at times, product unavailability in the market. Additionally, fluctuations in raw material costs, such as sugar, butter, and nuts, impact the overall production cost of toffees. Manufacturers often need help maintaining competitive pricing while dealing with unpredictable raw material costs.

Impact of COVID–19 on the Toffee Market

The COVID-19 pandemic significantly impacted the toffee market, leading to shifts in consumer behavior and supply chain disruptions. As lockdowns were enforced globally to curb the virus's spread, many confectionery stores, especially those in malls and tourist areas, faced closures or reduced foot traffic, directly affecting toffee sales. Additionally, the economic uncertainties prompted consumers to cut back on non-essential spending, impacting the overall demand for luxury and gourmet toffee products. Supply chains were disrupted due to restrictions on transportation and labor shortages, leading to delays in production and distribution. On the other hand, there was a surge in online sales and home deliveries as consumers turned to e-commerce platforms to fulfill their sweet cravings during lockdowns. Introduction of Toffee Market

Toffee is a sweet treat produced by caramelizing sugar or molasses (or both) together with butter and sometimes flour. The concoction is heated until it reaches a particular temperature, resulting in a delightful, chewy, and sometimes sticky confection. Toffee can ...