White Sugar Market is estimated to be valued at USD 47.45 Bn in 2025 and is expected to reach USD 70.88 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.
| Report Coverage |
Report Details |
| Base Year: |
2024 |
Market Size in 2025: |
USD 47.45 Bn |
| Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: |
5.70% |
2032 Value Projection: |
USD 70.88 Bn |
The global white sugar market represents one of the most fundamental and widely consumed commodity markets worldwide, serving as a cornerstone ingredient across diverse industries including food and beverage, confectionery, pharmaceutical, and bakery sectors. White sugar, derived primarily from sugar cane and sugar beet through advanced refining processes, has established itself as an indispensable sweetening agent that transcends geographical and cultural boundaries.
Market Dynamics
The global white sugar market growth is propelled by several robust drivers that collectively sustain its upward trajectory. The primary growth driver stems from the exponential expansion of the food and beverage industry, particularly in developing nations where changing lifestyle patterns and increasing urbanization are driving higher consumption of processed foods, confectionery products, and carbonated beverages. The bakery and confectionery sectors represent significant demand generators, with rising disposable incomes enabling greater expenditure on premium baked goods and confectionery items.
Key Features of the Study
- This report provides in-depth analysis of the global white sugar market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global white sugar market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Sudzucker AG, Tereos, Cosan, Mitr Phol Group, Associated British Foods plc, Nordzucker, Texon International Group, Biosev (Louis Dreyfus), Wilmar International Ltd, Thai Roong Ruang Sugar Group, FMN Plc, and Khonburi Sugar Public Company Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global white sugar market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global white sugar market
Market Segmentation
- Product Type Insights (Revenue, USD Bn, 2020 - 2032)
- Granulated Sugar
- Powdered Sugar
- Liquid Sugar
- Others
- Source Insights (Revenue, USD Bn, 2020 - 2032)
- Sugarcane
- Sugar Beet
- Others
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Food and Beverage
- Pharmaceuticals
- Cosmetics
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Sudzucker AG
- Tereos
- Cosan
- Mitr Phol Group
- Associated British Foods plc
- Nordzucker
- Texon International Group
- Biosev (Louis Dreyfus)
- Wilmar International Ltd
- Thai Roong Ruang Sugar Group
- FMN Plc
- Khonburi Sugar Public Company Limited