Industrial Sugar Sector: Growth Drivers and Challenges
Growth Drivers
-
Increasing Farming of Sugar Cane and Sugar Beet
-
Intensifying Need and Consumption of Sugar
Challenges
-
Health Concerns Related to High Consumption of Sugar
-
Rising Demand for Natural Sweeteners
Industrial Sugar Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.2% |
|
Base Year Market Size (2024) |
USD 48.14 billion |
|
Forecast Year Market Size (2037) |
USD 93.05 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 industrial sugar is evaluated at USD 50.27 billion.
Industrial Sugar Market size was over USD 48.14 billion in 2024 and is poised to exceed USD 93.05 billion by 2037, witnessing over 5.2% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to dominate majority revenue share by 2037, owing to high consumption of sugar in numerous end user industries.
The major players in the market are Cargill, Incorporated, Nordzucker AG, E.I.D. Parry (India) Limited, The Tereos Group, and others.
