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.

Snapshot img

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 experiencing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is particularly prominent in the global food industry, where raw sugar is widely used as a sweetener in baked goods, confectionery, and beverages. Additionally, the emergence of e-commerce platforms has facilitated the easy availability and accessibility of raw sugar to consumers, further fueling market growth. However, the high production cost of raw sugar poses a significant challenge to market participants. Producers must navigate this cost structure to remain competitive and maintain profitability. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on optimizing production costs, exploring alternative sources of raw materials, and expanding their presence in emerging markets. By staying informed of these market dynamics, businesses can make strategic decisions and operational plans that position them for success in the evolving the market.

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

Request Free SampleThe market encompasses the global trade of raw, unrefined sugar derived primarily from the sap of sugarcane. This market exhibits significant volatility due to various factors, including supply and demand dynamics, weather conditions affecting crop production, and geopolitical influences. The market size is substantial, with key applications including food and beverage manufacturing, biofuel blending, and various industrial processes. Raw sugar's versatility extends to various industries, making it an essential ingredient in various sectors. In food and beverage production, it serves as a sweetener, texture modifier, flavoring agent, coloring agent, and bulking agent. In the industrial sector, it is used as a fermentation substrate and natural preservative. The Intercontinental Exchange (ICE) plays a crucial role in the market, providing a platform for trading raw sugar futures and CFD financial instruments. The market is subject to tariff barriers and other trade regulations, which can impact prices and availability. The trend towards clean label and natural products has led to increased demand for raw sugar in certain applications. Biofuel blending also presents a significant growth opportunity for raw sugar, as it is used as a feedstock in the production of bioethanol.

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. ProductLiquid sugarCrystallized sugarTypeConventionalOrganicGeographyAPACChinaIndiaJapanSouth AmericaBrazilEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and Africa

By Product Insights

The liquid sugar segment is estimated to witness significant growth during the forecast period.Raw sugar is a fundamental agricultural commodity used extensively in various industries, including food and beverage manufacturing and biofuel production. According to recent market research, The market size was estimated at around 142.5 million metric tons in 2020, with an average price of USD0.13 per lb. Cane crop is the primary source of raw sugar, accounting for over 70% of the global production. The production mix also includes sugar beet and cane juice. Biofuel ethanol is another significant application of raw sugar, with an estimated 10% of the global sugar output used for this purpose. Median estimates suggest that this trend will continue, leading to a small increase in demand for raw sugar. Poll participants anticipate that the Green Pool, a raw sugar futures contract on The Intercontinental Exchange, will influence sugar prices. The fuel ethanol industry's growth is influenced by crude oil benchmarks and sugar ethanol prices. Cane producers benefit from biofuel blending mandates, while glass manufacturing industries, such as float, sheet, rolled, solar, tempered, laminated, insulated, coated, energy-efficient, and architectural glass, use raw sugar as a natural preservative, texture modifier, fermentation substrate, flavoring agent, and coloring agent. However, tariff barriers, EU sugar policy, climate change, and water scarcity pose challenges to the market's growth. The , , and various research firms like , , and

Get a glance at the market report of share of various segments Request Free Sample

The Liquid sugar segment was valued at USD 765.70 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 45% to the growth of

Sugar Price Index in World increased to 118.50 Index Points in February from 111.20 Index Points in January of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

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.

The market price of sugar can fluctuate greatly due to supply and demand, weather conditions, government policies, and global economic trends. This article explains the key factors that influence sugar prices, including supply and demand, weather conditions, government policies, energy prices, and currency exchange rates.

This statistic depicts the average monthly prices for sugar in the United States, Europe and worldwide from January 2014 through January 2025. In January 2025, the average monthly price for sugar in Europe stood at 0.34 nominal U.S. dollars per kilogram.

The global sugar cane market contracted to $1,491B in 2024, stabilizing at the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $1,542.8B. From 2016 to 2024, the growth of the global market failed to regain momentum.

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

The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total 71.5 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 758.23 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 78 billion U.S. dollars, a 45 percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between 60 to 90 billion U.S. dollars .

Sugar production and consumption

As of 2023/2024, sugar production worldwide was about 183 million metric tons, a 13 percent increase from 2010/2011. The production value is forecasted to increase by just over 2 million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over 1 million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over 13 percent from 2010/2011 to 2023/2024.

Average Retail Price: Sugar: Local: Modern Market: East Nusa Tenggara data was reported at 17,500.000 IDR/kg in 24 Mar 2025. This stayed constant from the previous number of 17,500.000 IDR/kg for 21 Mar 2025. Average Retail Price: Sugar: Local: Modern Market: East Nusa Tenggara data is updated daily, averaging 13,000.000 IDR/kg from Jul 2016 (Median) to 24 Mar 2025, with 1861 observations. The data reached an all-time high of 17,900.000 IDR/kg in 05 Nov 2024 and a record low of 12,000.000 IDR/kg in 19 Nov 2019. Average Retail Price: Sugar: Local: Modern Market: East Nusa Tenggara data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB062: Average Retail Price: Modern Market: By Regions: Sugar: Local. [COVID-19-IMPACT]

Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data was reported at 17,450.000 IDR/kg in 25 Mar 2025. This stayed constant from the previous number of 17,450.000 IDR/kg for 24 Mar 2025. Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data is updated daily, averaging 13,500.000 IDR/kg from Jul 2016 (Median) to 25 Mar 2025, with 2096 observations. The data reached an all-time high of 17,500.000 IDR/kg in 06 Aug 2024 and a record low of 11,750.000 IDR/kg in 04 Jan 2019. Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB062: Average Retail Price: Modern Market: By Regions: Sugar: Local. [COVID-19-IMPACT]

Average Retail Price: Sugar: Local: Modern Market: Bengkulu data was reported at 16,700.000 IDR/kg in 25 Mar 2025. This stayed constant from the previous number of 16,700.000 IDR/kg for 24 Mar 2025. Average Retail Price: Sugar: Local: Modern Market: Bengkulu data is updated daily, averaging 12,950.000 IDR/kg from Jul 2016 (Median) to 25 Mar 2025, with 1917 observations. The data reached an all-time high of 18,900.000 IDR/kg in 31 Aug 2016 and a record low of 12,200.000 IDR/kg in 03 Aug 2018. Average Retail Price: Sugar: Local: Modern Market: Bengkulu data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB062: Average Retail Price: Modern Market: By Regions: Sugar: Local. [COVID-19-IMPACT]

Learn about the factors that influence the price of sugar, including global supply and demand, market conditions, regional factors, weather conditions, government policies, and more.

The UK sugars market reduced to $149M in 2024, which is down by -12% against the previous year. In general, consumption, however, recorded a strong expansion. Over the period under review, the market reached the peak level at $170M in 2023, and then contracted in the following year.

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

Forecast: Sugar Market Size Value Per Capita in Germany 2022 - 2026 Discover more data with ReportLinker!

Brown Sugar Market size was valued at USD 22.41 Billion in 2023 and is projected to reach USD 44.09 Billion by 2030, growing at a CAGR of 9.74% during the forecast period 2024-2030.

Global Brown Sugar Market Drivers

The market drivers for the Brown Sugar Market can be influenced by various factors. These may include:

Consumer Preferences: Since brown sugar is seen as a better option than white sugar, demand for it is driven by shifts in consumer preferences towards natural and less processed sweeteners.

Health Consciousness: As consumers become more conscious of the potential health hazards linked to consuming large amounts of white sugar, they are choosing brown sugar instead, which keeps some of the molasses and minerals found in sugarcane.

Growing Health Concerns: As consumers become increasingly aware of the risks associated with lifestyle diseases like diabetes and obesity, they are searching for alternatives to white sugar. Because brown sugar is less refined than white sugar, they believe it to be a healthier choice.

Food Industry Trends: The demand for brown sugar has increased due to the food industry’s emphasis on natural and organic ingredients. This is because brown sugar fits into the narrative of minimally processed, natural foods and is in line with the clean label movement.

Culinary Applications: The demand for brown sugar is fueled by its unique flavour profile and caramel-like taste, which make it a popular component in a range of culinary applications, such as baking, cooking, and beverage preparation.

Global Production And Trade: Brown sugar production, supply, and prices on the international market can be influenced by variables like weather, crop yields, and governmental policies in major sugarcane-producing nations (such as Brazil, India, China, Thailand, and the United States).

Marketing And Advertising: Successful marketing initiatives that stress the advantages of brown sugar over white sugar—such as its deeper flavour and alleged health benefits—can sway customer decisions and propel the market’s expansion.

Dynamics of Substitution: The availability and cost of substitute sweeteners, such honey and maple syrup, as well as substitute sugars, like stevia or coconut sugar, which have comparable flavour profiles and health advantages, may also have an impact on brown sugar prices.

Economic Factors: A consumer’s purchasing power and, in turn, their demand for brown sugar goods can be impacted by a number of economic factors, including income levels, rates of inflation, and disposable income.

Regulatory Environment: By influencing business practices and customer perceptions, changes in legislation pertaining to food labelling, health claims, and sugar levies may have an effect on the Brown Sugar Market.

According to Cognitive Market Research, the global Organic Sugar market size is USD 715.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 286.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 214.77 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 164.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5 % from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 35.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 14.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The Sugarcane held the highest Organic Sugar market revenue share in 2024.

Market Dynamics of Organic Sugar Market

Key Drivers for Organic Sugar Market

Growing health consciousness to Increase the Demand Globally

As the health focus grows, customers are favoring herbal, minimally processed ingredients, leading to a surge in demand for organic sugar. Despite being calorically equivalent to conventional sugar, organic sugar is perceived as a healthier alternative due to its minimally processed nature. This trend displays a heightened focus on the health risks related to immoderate sugar consumption, prompting individuals to are looking for alternatives without sacrificing sweetness. The desire for organic sugar underscores a shift toward mindful eating conduct and a choice for transparency in meal alternatives. This purchaser conduct indicators a broader motion in the direction of holistic wellbeing and a deeper understanding of the impact of nutritional choices on normal health.

Government support for organic farming to Propel Market Growth

Governments global are championing natural farming thru subsidies and incentives, fostering the enlargement of organic sugar production. These supportive measures not only sell environmentally sustainable practices but also decorate accessibility to Organic Sugar for purchasers. By incentivizing farmers to undertake natural methods, governments stimulate elevated yields and force down production prices, in the long run making Organic Sugar less expensive and widespread. Such governmental aid displays a commitment to fostering agricultural practices that prioritize environmental stewardship and public health. Moreover, it signifies the popularity of the developing consumer demand for organic merchandise and the importance of assisting farmers in transitioning to more sustainable farming techniques. This concerted effort aligns with international tasks aimed toward fostering a greater resilient and sustainable meal gadget.

Restraint Factor for the Organic Sugar Market

Higher price point to Limit the Sales

The higher rate of Organic Sugar, stemming from decreased yields in natural farming, gives an assignment for a few purchasers, in particular those in price-touchy markets. While the blessings of Organic Sugar are identified, the top-class pricing can deter finances-conscious individuals from choosing it over traditional sugar. This price disparity displays the additional expenses worried in natural farming practices, along with certification, exertions-in depth strategies, and smaller yields in step with acre. Despite the better fee point, patron call for Organic Sugar keeps on to upward thrust, pushed by health and environmental worries. To deal with affordability limitations, projects inclusive of authorities subsidies and extended performance in natural farming techniques are important. Efforts to bridge the charge hole could make Organic Sugar extra available and assist the transition to sustainable agricultural practices on a broader scale.

Impact of Covid-19 on the Organic Sugar Market

The organic sugar marketplace faced both demanding situations and opportunities amid the COVID-19 pandemic. Initially, disruptions in supply chains and hard work shortages affected production and distribution, leading...

Thailand Raw Sugar Prices: Current Quarter data was reported at 13.570 THB/USD in Feb 2018. This records a decrease from the previous number of 13.980 THB/USD for Jan 2018. Thailand Raw Sugar Prices: Current Quarter data is updated monthly, averaging 14.405 THB/USD from Jan 2015 (Median) to Feb 2018, with 8 observations. The data reached an all-time high of 20.540 THB/USD in Jan 2017 and a record low of 13.310 THB/USD in Feb 2016. Thailand Raw Sugar Prices: Current Quarter 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.

As per the latest analysis, global sales of beet sugar are estimated to be valued at US$ 4.6 billion in 2024. Over the forecast period, demand for beet sugar is projected to expand at a 5.5% CAGR, taking the market valuation to US$ 7.8 billion by 2034.

Attributes	Key Insights
Estimated Global Beet Sugar Market Size (2024E)	US$ 4.6 billion
Projected Beet Sugar Market Value (2034F)	US$ 7.8 billion
Value-based CAGR (2024 to 2034)	5.5%

Country-wise Insights

Countries	Expected Beet Sugar Market CAGR (2024 to 2034)
United States	4.2%
Japan	4.8%
Australia	5.0%
Germany	5.6%

Category-wise Insights

Top Segments	Estimated Market Share (2024)
Granulated Sugar (Form)	45.6%
Bakery Products (Application)	25.5%
Conventional (Nature)	70.0%

Scope of the Report

Attribute	Details
Estimated Market Size (2024)	US$ 4.6 billion
Projected Market Value (2034)	US$ 7.8 billion
Expected Growth Rate (2024 to 2034)	5.5% CAGR
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	US$ billion for Value, MT for Volume
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Segments Covered	Product Type, Form, Application, Nature, and Region
Key Players in the Beet Sugar Market	United Sugars Corporation Now Foods Domino Sugar Michigan Sugar Company Amalgamated Sugar Company American Crystal Sugar Company Southern Minnesota Beet Sugar Cooperative Western Sugar Cooperative Longmont Sugar Company Cosun Beet Company British Sugar Associated British Foods plc (ABF) Other Players
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunity, Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives