Cane Sugar Sector: Growth Drivers and Challenges
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 |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
3.3% |
|
Base Year Market Size (2024) |
USD 60.75 billion |
|
Forecast Year Market Size (2037) |
USD 92.65 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of cane sugar is estimated at USD 62.45 billion.
Cane Sugar Market size was valued at USD 60.75 billion in 2024 and is likely to cross USD 92.65 billion by 2037, registering more than 3.3% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to dominate majority revenue share by 2037, 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.
