Refined Sugar Market Report 2025 (Global Edition)

Global Refined Sugar Market Report 2025 Market Size Split by Type (Refined White Sugar, Brown Sugar, Icing Sugar, Liquid Sugar, Raw Sugar), by Application (Sugarcane, Sugar Beets), by Packaging Type (...

Refined Sugar Market Report Description

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Competitive Landscape of the Refined Sugar Market

There are both domestic and international competitors in the fiercely competitive refined sugar market. Product quality, distribution network, production capacity, price strategies, and product innovation are some of the elements that drive competition among major market participants. The growing demand for processed foods and beverages, shifting consumer tastes, and growing health consciousness all have an impact on the competitive dynamics of the market and force businesses to adjust and set themselves apart.

In September 2023, Sidel and British Sugar announced a ground-breaking collaboration to launch a novel end-of-line solution for the first time. This partnership will help British Sugar, a division of Associated British Foods plc and a major sugar manufacturer in the British and Irish food and beverage sectors. British Sugar processes about 8 million tonnes of sugar beet each year, producing up to 1.2 million tonnes of sugar, demonstrating a strong commitment to satisfying consumer wants and going above and beyond retailer standards. This project aims to replace British Sugar's antiquated end-of-line system, which has been in use for more than 38 years, with a state-of-the-art alternative. With its ability to handle high levels of automation and complexity, this new system will guarantee effective management of numerous SKUs. (Source: https://www.sidel.com/en/about/media/press-releases/british-sugar-nw-402) In August 2023, Mumbai-based UPL Sustainable Agriculture Solutions (UPL SAS) and Hyderabad's NSL Sugars signed an MoU to promote sustainable sugarcane production practices. UPL SAS aims for market penetration while NSL seeks benefits from sustainable cultivation. The partnership targets a 15% increase in sugarcane yield per acre, equivalent to 5 metric tonnes. (Source: https://agrospectrumindia.com/2023/08/20/upl-sas-signs-mou-with-nsl-sugars-to-enhance-farmers-yield.html)

Top Companies Market Share in Refined Sugar Industry: (In no particular order of Rank)

• Imperial Sugar
• C&H Sugar
• Domino Sugar
• Taikoo
• Wholesome Sweeteners
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Regional Analysis of the Refined Sugar Market

Which Region Dominates the Refined Sugar Market in 2024?

According to Cognitive Market Research, North America is expected to dominate the market during the forecast period. The growing food & beverages industry and increasing product launches are expected to drive the industry's expansion. Moreover, the presence of major players is expected to drive the industry's expansion.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The growing disposable income and increasing urbanization are the major reasons for the expansion of the market in the region. Moreover, the increasing e-commerce sector drives the Asia Pacific market.

The current report Scope analyzes Refined Sugar Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Refined Sugar

According to Cognitive Market Research, the global Refined Sugar market size was estimated at USD 62614.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 25045.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Refined Sugar market with a market size of USD 19761.14 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. The U.S. market's is growing owing to the presence of major players.
• The Canada Refined Sugar market had a market share of USD 3005.50 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Canada’s rising investment.
• The Mexico Refined Sugar market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 2279.17 million in 2024.

Europe Refined Sugar

According to Cognitive Market Research, the global Refined Sugar market size was estimated at USD 62614.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 18784.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.

• The United Kingdom Refined Sugar market had a market share of USD 3155.77 million in 2024 and is projected to grow at a CAGR of 5.6% during the forecast period. In the UK, Refined Sugar sales witness an upswing due to the increasing food & beverages industry.
• The France Refined Sugar market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 1728.16 million in 2024.
• According to Cognitive Market Research, the German Refined Sugar market size was valued at USD 3719.30 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. In Germany, Refined Sugar surged due to the growing product launch.
• The Italy Refined Sugar market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1615.45 million in 2024.
• The Russia Refined Sugar market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 2911.57 million in 2024.
• The Spain Refined Sugar market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 1540.32 million in 2024
• The Luxembourg Refined Sugar market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 582.31 million in 2024.
• The Portugal Refined Sugar market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 394.47 million in 2024.
• The Greece Refined Sugar market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 225.41 million in 2024.
• The Rest of Europe's Refined Sugar market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 2911.57 million in 2024.

Asia Pacific Refined Sugar

According to Cognitive Market Research, the global Refined Sugar market size was estimated at USD 62614.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 14401.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

• According to Cognitive Market Research, the China Refined Sugar market size was valued at USD 6480.60 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. Refined Sugar surged in China due to increasing demand for packaged food.
• The Japan Refined Sugar market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 1987.38 million in 2024.
• The India Refined Sugar market had a market share of USD 1728.16 million in 2024 and is projected to grow at a CAGR of 10.1% during the forecast period. India's rising e-commerce.
• The South Korean Refined Sugar market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 1440.13 million in 2024.
• The Australian Refined Sugar market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 748.87 million in 2024.
• The South East Asia Refined Sugar market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 993.69 million in 2024.
• The Rest of Asia Pacific Refined Sugar market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 1022.49 million in 2024.

South America Refined Sugar

According to Cognitive Market Research, the global Refined Sugar market size was estimated at USD 62614.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 3130.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Refined Sugar market size was valued at USD 1339.95 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Refined Sugar flourished in Brazil due to increasing demand for the product.
• Argentina's Refined Sugar market had a market share of USD 525.96 million in 2024 and is projected to grow at a CAGR of 6.6% during the forecast period. Argentina's rising product launch.
• Colombia Refined Sugar market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 278.63 million in 2024.
• Peru Refined Sugar market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 256.72 million in 2024.
• Chile Refined Sugar market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 225.41 million in 2024.
• The Rest of Latin America's Refined Sugar market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 504.05 million in 2024.

Middle East Refined Sugar

According to Cognitive Market Research, the global Refined Sugar market size was estimated at USD 62614.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1252.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031..

• The GCC Countries Refined Sugar market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 535.98 million in 2024. Staple gun sales flourish due to the presence of major market players.
• The Egypt Refined Sugar market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 131.49 million in 2024.
• The South Africa Refined Sugar market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 197.86 million in 2024. Refined Sugar sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey Refined Sugar market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 107.70 million in 2024.
• The Nigeria Refined Sugar market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 131.49 million in 2024.
• The Rest of the MEA Refined Sugar market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 147.77 million in 2024.

Refined Sugar Market Analysis

How are Segments Performing in the Global Refined Sugar Market?

Refined Sugar Market Type Segment Analysis

According to Cognitive Market Research, Refined White Sugar is likely to dominate the Refined Sugar Market over the forecast period. A vital component of many food and drink items, including baked goods, sauces, dairy products, soft drinks, and confections, is refined white sugar. The rising demand for these goods, especially in developing nations, is a key driver of refined white sugar's revenue growth. Juices, energy drinks, and soft drinks all significantly increase the need for refined white sugar in the beverage industry.

The Brown Sugar is the fastest-growing segment in the Refined Sugar Market. Because brown sugar is made using a slightly less refined procedure and contains molasses, it is frequently thought of as a healthier or more natural substitute for refined white sugar. Demand for brown sugar, particularly organic types, is growing as customers look for more natural ingredients. Furthermore, because brown sugar improves baked goods' flavor, moisture content, and texture, it is frequently utilized in the baking and confectionery industries. It is frequently used in marinades, dressings, sauces, and recipes for cakes, pies, muffins, and cookies. The demand for brown sugar is also rising as a result of the growing popularity of baking at home and the emergence of artisanal and craft baking trends.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Refined Sugar Industry. Request a Free Sample PDF!

Refined Sugar Market Source Segment Analysis

According to Cognitive Market Research, the Sugarcane segment holds the largest share of the market. The demand for refined sugar from sugarcane rises in tandem with the global demand for processed foods and beverages, such as soft drinks, confections, dairy products, and baked goods. Particularly in areas where the use of sugar-sweetened products is strong, sugarcane continues to be an essential raw resource for supplying this need. Furthermore, urbanization and population growth are important causes of the increase in sugar intake. The demand for refined sugar is fueled by the fact that more people in emerging economies are moving to cities and tend to eat more processed meals and sugary drinks. This increasing demand is being met in part by the production of sugarcane in important regions like Southeast Asia and India.

In the Refined Sugar Market, Sugar Beets has been expanding at a rapid pace. Sugar beets are often considered a more sustainable crop than sugarcane in certain regions due to their lower water requirements and shorter growing seasons. As sustainability becomes increasingly important to both producers and consumers, sugar beets may be favored in markets that are sensitive to environmental concerns.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Refined Sugar Packaging Type Segment Analysis

Refined Sugar Market Packaging Type Segment Analysis

According to Cognitive Market Research, the Bags segment holds the largest market share. Smaller retail packaging is becoming more and more popular due to the growing customer demand for packaged meals and drinks, especially processed foods that contain refined sugar. Because of their affordability and usefulness, bags continue to be the most popular packing option for these goods. Furthermore, there is a growing need for sustainable packaging solutions as customers grow more ecologically concerned. This is especially important in the market for refined sugar, as retail sectors are increasingly using recyclable and biodegradable bags. In response, businesses are selling sugar in recycled-material or environmentally friendly paper bags.

In the Refined Sugar market, the rapidly growing sector is the Sacks category. Sacks are relatively inexpensive to produce compared to other forms of packaging, making them an affordable option for large-scale sugar distribution. Their lightweight nature reduces transportation costs, and they are easy to handle and stack, improving warehouse efficiency.

• Bags
• Sacks
• Bulk Containers
• Retail Packs

Refined Sugar Application Segment Analysis

Refined Sugar Market Application Segment Analysis

According to Cognitive Market Research, the Food and Beverages segment holds the largest market share. The growing consumption of processed foods and ready-to-eat meals is one of the key drivers for the refined sugar market. Processed foods often rely on refined sugar for sweetness, texture, and preservation. As urbanization increases and lifestyles become busier, the demand for convenience foods and packaged snacks continues to rise, pushing the need for refined sugar.

In the Refined Sugar market, the rapidly growing sector is the Confectionery category. Confectionery products, including chocolates, gums, candies, and other sweets, are in high demand worldwide. Sugar is the primary sweetener used to produce these items, making it a critical ingredient. As consumer preferences shift toward indulgent treats, especially in emerging markets, the demand for refined sugar in the confectionery sector continues to grow.

• Food and Beverages
• Confectionery
• Pharmaceuticals
• Industrial

Refined Sugar End User Segment Analysis

Refined Sugar Market End User Segment Analysis

According to Cognitive Market Research, the Household segment holds the largest market share. The rising awareness of the health risks associated with excessive sugar consumption, such as obesity, diabetes, and other metabolic disorders, has led to a shift in consumer behavior. Many households are reducing their sugar intake or turning to sugar alternatives (such as stevia, honey, and artificial sweeteners) for cooking and baking. This shift is limiting the growth of refined sugar in household consumption.

In the Refined Sugar market, the rapidly growing sector is the Industrial category. The increasing demand for processed foods and beverages is one of the main drivers for refined sugar in the industrial sector. Sugar is widely used as a sweetener, flavor enhancer, and preservative in products like soft drinks, fruit juices, canned goods, bakery items, sauces, and dressings. The growth of the global processed food and beverage market directly contributes to the demand for refined sugar in industrial applications.

• Household
• Commercial
• Industrial

Refined Sugar Distribution Channel Segment Analysis

• Online
• Offline

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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