Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Industrial Sugar Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Industrial Sugar Industry in 2024 and 2025?
The size of the industrial sugar market has seen significant growth recently. The market is projected to rise from $48.77 billion in 2024 to $51.41 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%.
What Is the Projected Market Size of the Industrial Sugar Market in 2029?
The Industrial Sugar Global Market Report 2025 predicts that by 2029, the market size will increase to $64.88 billion, with a Compound Annual Growth Rate (CAGR) of 6.0%.
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What Are the Key Drivers of Industrial Sugar Market Growth?
The key drivers in the industrial sugar market are:
• Environmental and sustainability concerns are driving growth
• Increasing demand in pharmaceutical applications
• Expansion of the food and beverage industry
• Rise in biofuel production and government policies and regulations.
What Are the Primary Segmentation Categories in the Industrial Sugar Market?
The industrial sugarmarket covered in this report is segmented –
1) By Type: White Sugar, Brown Sugar, Liquid Sugar
2) By Source: Cane, Beet
3) By Form: Granulated, Powder, Syrup
4) By Application: Dairy, Bakery, Confectionary, Beverages, Frozen Foods, Other Applications
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What Are the Major Trends Shaping the Industrial Sugar Market in 2025 and Beyond?
The key trends in the industrial sugar market are:
• Health and wellness trends are prominent in shaping the future of the industry.
• Demand for natural and clean-label products is an emerging trend.
• Technological innovations in processing are quickly gaining traction.
• There is a rise in the use of low-calorie sweeteners.
Who Are the Emerging Players in the Industrial Sugar Market?
Major players in the industrial sugar market are:
• Cargill Incorporated
• Nordzucker AG
• EID Parry Ltd.
• Südzucker AG
• Louis Dreyfus Company B.V.
• British Sugar PLC
• Shree Renuka Sugars Ltd.
• Archer Daniels Midland Company
• Raízen S.A.
• Tongaat Hulett Sugar Limited
• Cosan SA Indústria e Comércio
• Mitr Phol Sugar Corporation
• Associated British Foods PLC
• Wilmar International Limited
• American Crystal Sugar Company
• Lantic Inc.
• Michigan Sugar Company
• Imperial Sugar Company
• Guangxi Guitang Group Co. Ltd.
• Rizhao Lingyunhai Sugar Group
• Bunge Limited
• Thai Roong Ruang Group
• China National Cereals Oils & Foodstuffs Corporation
• Dhampur Sugar Mills Ltd.
• Balrampur Chini Mills Ltd.
• MSF Sugar Ltd.
Which Regions Are Leading the Growth in the Global Industrial Sugar Market?
Asia-Pacific was the largest region in the industrial sugar market share in 2024
