Global Granulated Sugar Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Source;
Sugarcane, Sugar Beet, Date Palm, Sorghum and Sugar Maple.By Application;
Food Industry - Bakery & Confectionary, Dairy, Snacks and Frozen Desserts, Pharmaceuticals.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Granulated Sugar Market (USD Million), 2021 - 2031
In the year 2024, the Global Granulated Sugar Market was valued at USD 35,015.56 million. The size of this market is expected to increase to USD 52,824.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.
The global granulated sugar market plays a pivotal role in the food and beverage industry, serving as a fundamental sweetener across a wide range of products. Granulated sugar, derived primarily from sugarcane and sugar beets, is renowned for its versatility in applications such as bakery, confectionery, beverages, and processed foods. Its widespread use stems from its ability to impart sweetness, texture enhancement, and preservation qualities to various food products.
The market for granulated sugar is influenced by several factors, including global sugar production trends, consumer preferences for natural sweeteners, and economic factors impacting agricultural output. Major producing regions like Brazil, India, China, Thailand, and the European Union dominate global production, with variations in climate and agricultural policies affecting supply dynamics. Additionally, shifts in dietary habits and increasing consumer awareness of health concerns related to excessive sugar consumption have spurred demand for alternatives like natural sweeteners and sugar substitutes, influencing market dynamics.
In terms of market segmentation, granulated sugar finds applications in both retail and industrial sectors. Retail sales predominantly cater to households and small-scale enterprises, where granulated sugar is sold in various packaging sizes. Conversely, the industrial sector utilizes bulk quantities of granulated sugar for large-scale food processing, beverage production, and pharmaceutical applications. This dual market structure reflects diverse consumer preferences and industrial requirements, driving innovation in sugar processing technologies and packaging solutions to meet global demand efficiently.
Global Granulated Sugar Market Recent Developments
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In August 2022, Raízen, the world's largest sugar exporting company, and ASR Group, the world's largest refiner and marketer of cane sugar, announced a partnership that sets the standard for sustainable raw cane sugar supply chains globally.
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In July 2021, Al Khaleej Sugar announced the construction of a new sugar factory in Merida, Spain. This expands the company's operations beyond the Middle East and North Africa, as it seeks to enter the sugar-beet processing industry. The company begun construction of the new factory in 2022 and invested approximately USD 590 million. The factory has a production capacity of up to 900,000 metric tons of sugar annually.
Segment Analysis
Granulated sugar primarily derives from multiple sources such as sugarcane, sugar beet, date palm, sorghum, and sugar maple. Sugarcane and sugar beet are the dominant sources, accounting for the majority of global production due to their high sucrose content and widespread cultivation. Date palm, sorghum, and sugar maple contribute to niche markets, often regionally specific, where local agricultural practices and environmental conditions favor their growth.
In terms of application, granulated sugar finds extensive use across various sectors within the food industry. It serves as a key ingredient in bakery and confectionery products, providing sweetness and texture. Additionally, granulated sugar is integral to the dairy industry for sweetened dairy products and in snacks and frozen desserts for flavor enhancement and preservation. Moreover, it plays a crucial role in pharmaceuticals, where it is used in certain formulations for its solubility and stability properties.
Global Granulated Sugar Segment Analysis
In this report, the Global Granulated Sugar Market has been segmented by Source, Application and Geography.
Global Granulated Sugar Market, Segmentation by Source
The Global Granulated Sugar Market has been segmented by Source into Sugarcane, Sugar Beet, Date Palm, Sorghum and Sugar Maple.
Sugarcane remains the predominant source of granulated sugar globally, accounting for a significant majority of production. Countries such as Brazil, India, China, Thailand, and Australia are major producers, leveraging their favorable climates and agricultural practices to cultivate sugarcane on large scales. Sugarcane-based granulated sugar is valued for its high sucrose content and versatility in various food and beverage applications. Sugar beet is another essential source of granulated sugar, particularly in regions with temperate climates like Europe, Russia, and North America. Sugar beets offer a viable alternative to sugarcane, especially in areas where agricultural land may not be suitable for sugarcane cultivation. The sugar derived from beets is known for its slightly different flavor profile compared to sugarcane, influencing regional preferences and industrial applications.
Sorghum, a grain crop widely grown in regions with semi-arid climates, also contributes to the granulated sugar market. Sorghum syrup, a byproduct of processing sorghum grain, is used as a sweetener in various food products, particularly in the Southern United States and parts of Africa. Its production is more localized compared to sugarcane and sugar beet, catering to specific regional tastes and dietary practices.
Sugar maple trees, predominantly found in North America, produce maple syrup as a natural sweetener. Maple syrup is distinct from traditional granulated sugar in form but serves as a valuable source of natural sweetening for numerous food and beverage applications, including baking and confectionery.
Global Granulated Sugar Market, Segmentation by Application
The Global Granulated Sugar Market has been segmented by Application into Food Industry and Pharmaceuticals.
In the food industry, granulated sugar is indispensable in various applications such as bakery and confectionery, where it acts not only as a sweetener but also contributes to texture, color, and shelf-life extension. It is a key ingredient in products ranging from cakes and cookies to candies and chocolates, catering to consumer preferences for sweetness and indulgence. Additionally, granulated sugar finds extensive use in dairy products like flavored milks and ice creams, as well as in snacks and frozen desserts, where it enhances flavor profiles and aids in achieving desired textures. Beverages also utilize granulated sugar for sweetness and flavor enhancement, making it a staple in soft drinks, juices, and energy drinks globally. In the pharmaceutical sector, granulated sugar plays a crucial role in various formulations. It is commonly used in tablet manufacturing as a diluent and filler, facilitating the binding of active pharmaceutical ingredients (APIs) into solid dosage forms like tablets and capsules. Sugar's inert properties make it ideal for ensuring uniform distribution of APIs and enhancing the compressibility of tablets during production. Moreover, in oral suspensions and syrups, granulated sugar improves the palatability of medications, especially for pediatric patients who may find bitter medicines more palatable with added sweetness. Its solubility and stability properties also contribute to the formulation of certain topical medications and creams, demonstrating its versatility beyond oral dosage forms.
Global Granulated Sugar Market, Segmentation by Geography
In this report, the Global Granulated Sugar Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Granulated Sugar Market Share (%), by Geographical Region, 2024
In North America, the granulated sugar market is driven by a robust food processing industry and widespread consumer demand for sweetened products. The region's affinity for bakery and confectionery items fuels substantial consumption of granulated sugar, alongside its use in beverages and dairy products. The pharmaceutical sector also contributes to demand, utilizing sugar in various formulations. Health-conscious trends and increasing awareness of sugar's impact on health influence market dynamics, driving innovation towards sugar alternatives and reduced-sugar formulations.
Europe represents a mature market for granulated sugar, characterized by strong agricultural production of sugar beets and historical preferences for sugar in culinary traditions. The region's food industry relies heavily on granulated sugar for confectionery, bakery, and dairy products, while pharmaceutical applications maintain steady demand. Regulatory frameworks, including sugar reform policies and health initiatives, impact consumption trends, promoting sustainable practices and sugar reduction strategies across the food and beverage sectors.
Asia Pacific emerges as a pivotal region in the global granulated sugar market, driven by major producers like India, China, and Thailand, which are significant players in sugarcane cultivation. The region's diverse culinary cultures drive demand for sugar in traditional sweets, snacks, and beverages, reflecting consumer preferences for sweetness. Rapid urbanization and economic growth bolster food processing activities, further boosting demand for granulated sugar in both industrial and retail sectors. In pharmaceuticals, growing healthcare expenditures and expanding populations contribute to increasing utilization of sugar in oral medications and syrups.
The Middle East and Africa exhibit unique consumption patterns influenced by local agricultural practices and cultural preferences. In this region, sugar derived from date palms holds cultural and economic significance, used extensively in traditional confectionery and beverages. Urbanization and rising disposable incomes drive demand for packaged food products containing granulated sugar, while pharmaceutical applications benefit from its functional properties in formulations. Economic diversification initiatives in some Middle Eastern countries also promote investment in food processing and pharmaceutical sectors, expanding market opportunities for granulated sugar.
Latin America, a major global producer of sugarcane, dominates the market with significant exports of granulated sugar. Countries like Brazil are key players in both production and consumption, supporting a thriving food industry that uses sugar in diverse products ranging from sweets to beverages. The region's tropical climate favors sugarcane cultivation, ensuring a stable supply for local consumption and international markets. Pharmaceutical usage of granulated sugar is also notable, particularly in syrups and pediatric medications, reflecting regional healthcare needs and consumer preferences.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Granulated Sugar Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Food Industry Demand
- Increasing Population
- Growth in Bakery & Confectionery
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Emerging Economies - Emerging economies play a crucial role in the global granulated sugar market, contributing significantly to both production and consumption dynamics.
Emerging economies such as Brazil, India, China, Thailand, and various countries in Africa are pivotal producers of sugarcane and sugar beets. These regions benefit from favorable climatic conditions and agricultural practices that support high yields of sugar crops. For example, Brazil is a global leader in sugarcane production, leveraging its vast arable land and technological advancements in farming and processing to maintain a competitive edge.
Beyond production, emerging economies are also key consumers of granulated sugar. Rising urbanization and shifting dietary habits drive increased demand for processed foods, beverages, and confectionery products that use sugar as a primary ingredient. In these regions, rapid population growth and expanding middle-class demographics further boost consumption levels.
Restraints
- Health Concerns & Sugar Taxes
- Shift to Sugar Substitutes
- Climate Change Impacts on Agriculture
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Regulatory Constraints - Regulatory constraints in the global granulated sugar market encompass a range of policies and measures implemented by governments and international bodies that impact production, trade, and consumption of sugar.
Governments worldwide have introduced regulations aimed at curbing excessive sugar consumption due to its association with health issues such as obesity, diabetes, and dental problems. These include sugar taxes, mandatory labeling requirements, and public health campaigns promoting reduced sugar intake.
Trade regulations and tariffs also influence the global sugar market. Import tariffs and quotas are commonly used to protect domestic sugar industries from foreign competition and stabilize prices. Conversely, trade agreements and tariff reductions aim to facilitate international trade and ensure market access for sugar-exporting countries.
Opportunities
- Innovation in Low-Calorie Sweeteners
- Expansion in Pharmaceutical Applications
- Sustainable Sugar Production
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Technological Advancements in Processing - Technological advancements in processing have significantly transformed the global granulated sugar industry, enhancing efficiency, quality, and sustainability throughout the production chain.
Modern sugar mills and refineries increasingly adopt automated systems and control technologies to streamline operations and optimize production efficiency. Automated processes for harvesting, milling, and refining reduce labor costs, minimize human error, and ensure consistent product quality.
Technological innovations focus on enhancing energy efficiency and sustainability in sugar processing. Integrated cogeneration systems, utilizing biomass and bagasse (sugarcane residue), generate electricity and heat for operations, reducing reliance on fossil fuels and lowering carbon emissions.
Competitive Landscape Analysis
Key players in Global Granulated Sugar Market include;
- Raizen SA
- Tongaat Hulett Sugar South Africa Limited
- Cargill Incorporated
- Archer Daniels Midland (ADM)
- Sudzucker AG
- Illovo Sugar (PTY) Limited
- Dangote Group
- E.I.D Parry Limited
- Nordzucker Group AG
- Tereos
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Source
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Granulated Sugar Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Food Industry Demand
- Increasing Population
- Growth in Bakery & Confectionery
- Emerging Economies
- Restraints
- Health Concerns & Sugar Taxes
- Shift to Sugar Substitutes
- Climate Change Impacts on Agriculture
- Regulatory Constraints
- Opportunities
- Innovation in Low-Calorie Sweeteners
- Expansion in Pharmaceutical Applications
- Sustainable Sugar Production
- Technological Advancements in Processing
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Granulated Sugar Market, By Source, 2021 - 2031 (USD Million)
- Sugarcane
- Sugar Beet
- Date Palm
- Sorghum
- Sugar Maple
- Global Granulated Sugar Market, By Application, 2021 - 2031 (USD Million)
- Food Industry
- Bakery and Confectionary
- Dairy
- Snacks
- Frozen Desserts
- Pharmaceuticals
- Food Industry
- Global Granulated Sugar Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Granulated Sugar Market, By Source, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Raizen SA
- Tongaat Hulett Sugar South Africa Limited
- Cargill Incorporated
- Archer Daniels Midland (ADM)
- Sudzucker AG
- Illovo Sugar (PTY) Limited
- Dangote Group
- E.I.D Parry Limited
- Nordzucker Group AG
- Tereos
- Company Profiles
- Analyst Views
- Future Outlook of the Market