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).
Report ID: Rn658592982 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Granulated Sugar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Food Industry Demand
        2. Increasing Population
        3. Growth in Bakery & Confectionery
        4. Emerging Economies
      2. Restraints
        1. Health Concerns & Sugar Taxes
        2. Shift to Sugar Substitutes
        3. Climate Change Impacts on Agriculture
        4. Regulatory Constraints
      3. Opportunities
        1. Innovation in Low-Calorie Sweeteners
        2. Expansion in Pharmaceutical Applications
        3. Sustainable Sugar Production
        4. Technological Advancements in Processing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Granulated Sugar Market, By Source, 2021 - 2031 (USD Million)
      1. Sugarcane
      2. Sugar Beet
      3. Date Palm
      4. Sorghum
      5. Sugar Maple
    2. Global Granulated Sugar Market, By Application, 2021 - 2031 (USD Million)
      1. Food Industry
        1. Bakery and Confectionary
        2. Dairy
        3. Snacks
        4. Frozen Desserts
      2. Pharmaceuticals
    3. Global Granulated Sugar Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Raizen SA
      2. Tongaat Hulett Sugar South Africa Limited
      3. Cargill Incorporated
      4. Archer Daniels Midland (ADM)
      5. Sudzucker AG
      6. Illovo Sugar (PTY) Limited
      7. Dangote Group
      8. E.I.D Parry Limited
      9. Nordzucker Group AG
      10. Tereos
  7. Analyst Views
  8. Future Outlook of the Market