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 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.

Dangote Sugar Refinery PLC reported NGN151.51B in Stock for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Stock including historical, tables and charts were last updated by Trading Economics this last March in 2025.

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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 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

The Indian sugar cane market shrank slightly to $231.7B in 2024, which is down by -2% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sugar cane consumption peaked at $236.5B in 2023, and then contracted slightly in the following year.

Overview
This study uses a case study approach to demonstrate the potential to estimate farm shares and price spreads in Australia using a relatively simple methodology developed by the United States Department of Agriculture Economic Research Service. In this instance, the methodology has been applied to Australian sugar price data.

Key Points
• The study demonstrates that data is available that allows an analysis of farm share and price spread for raw sugar exports and refined sugar sold at retail outlets. • The analysis shows that trends in farm shares of retail and export prices were relatively flat between 1984-85 and 2014-15. So too were trends in farm-to-retail and farm-to-export price spreads. • If it is assumed that the emergence of market power beyond the farm gate is likely to be reflected in changes in trends in farm share and price spread, then these results suggest that there has been no obvious change in market power within the sugar industry over this period.

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 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.

Dangote Sugar Refinery PLC reported NGN187.12B in Cost of Sales for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Cost Of Sales including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported NGN-3.32 in EPS Earnings Per Share for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last March in 2025.

The report covers Brown Sugar Manufacturers and it is Segmented by Product Type (Light Brown and Dark Brown), Form (Powder, Granules, and Other Forms), Application (Bakery and Confectionery, Beverages, Dairy, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The market size and forecasts in value (USD million) for the above segments.

In 2024, the Asian sugar cane market decreased by -0.7% to $457B for the first time since 2019, thus ending a four-year rising trend. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $466B. From 2019 to 2024, the growth of the market failed to regain momentum.

Dangote Sugar Refinery PLC reported NGN47.77B in Loan Capital for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Loan Capital including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported 239.32 in PE Price to Earnings for its fiscal quarter ending in September of 2023. Data for Dangote Sugar Refinery PLC | DANGSUGA - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported NGN724.95B in Current Liabilities for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Current Liabilities including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported 2.96K in Employees for its fiscal year ending in December of 2023. Data for Dangote Sugar Refinery PLC | DANGSUGA - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported NGN6.07B in Ordinary Share Capital for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Ordinary Share Capital including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported NGN667.61B in Assets for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Assets including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Dangote Sugar Refinery PLC reported NGN-40346476000 in Net Income for its fiscal quarter ending in September of 2024. Data for Dangote Sugar Refinery PLC | DANGSUGA - Net Income including historical, tables and charts were last updated by Trading Economics this last March in 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.