Cane Sugar Market Trends

  • Report ID: 3489
  • Published Date: Aug 27, 2024
  • Report Format: PDF, PPT

Cane Sugar Market Trends

Growth Drivers

  • Rising Demand for Cane Sugar Worldwide
  • Increasing Production of Sugar Cane

Challenges

  • Health Concerns Regarding the Consumption of Sugar
  • Availability of Alternatives

Cane Sugar Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

3.3%

Base Year Market Size (2023)

USD 58.81 billion

Forecast Year Market Size (2036)

USD 89.69 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 3489
  • Published Date: Aug 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cane sugar is assessed at USD 60.36 billion.

Cane Sugar Market size was over USD 58.81 billion in 2023 and is anticipated to cross USD 89.69 billion by 2036, witnessing more than 3.3% CAGR during the forecast period i.e., between 2024-2036. The rising demand for cane sugar globally will drive the market growth.

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.

The major players in the market are Bajaj Hindusthan Sugar Ltd., Guangxi Yangpu Nanhua Sugar Industry Group Co., Ltd., Samora Group Indonesia, Wilmar International Ltd., Mackay Sugar Limited, and others.
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