The cane sugar market in the Asia Pacific is poised to hold largest revenue share by 2036, attributed to presence of several nations in the region, who are also the leading exporters of sugar around the globe. in the year 2019 by recording a production volume of 29.66 Million metric tonnes. China, Pakistan, and Australia held the 4th, 6th and 7th position respectively. The market in the region is segmented by country into China, India, Japan, Pakistan, Australia, and the Rest of Asia Pacific. Out of the market in these countries, the market in China is anticipated to garner the largest revenue of USD 43968.31 Million by the end of 2030, by growing with a CAGR of 1.45% during the forecast period. In the year 2017, the cane sugar market in the country garnered a value of USD 37130.50 Million.
Author Credits: Parul Atri
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