Refined Cane Sugar Market

Refined Cane Sugar Market Analysis by Liquid Sugar, Powdered, Granulated Textured, Granulated Flavored, Granulated Colored, Pulp, and Others from 2023 to 2033

Analysis of Refined Cane Sugar Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Refined Cane Sugar Market Outlook (2023 to 2033)

Worldwide sales of refined cane sugar are forecasted to increase at 5.8% CAGR from 2023 to 2033. As such, the global refined cane sugar market is expected to increase from a valuation of US$ 61.9 billion in 2023 to US$ 109.3 billion by the end of 2033.

Refined cane sugar is sugar created after eliminating all the non-sugar content from cane sugar. Shipments of refined cane sugar are influentially reliant on the demand from the food and beverages industry across the world and this is expected to be a prominent factor influencing the market development in the future.

The ever-growing world population, increasing demand for processed foods, growing consumption of pure food ingredients, high abundance of sugarcane, flourishing dairy industry, and rising consumption of deserts and sweet food products are other prospects that could potentially uplift sales of refined sugar over the next ten years.

However, increasing awareness about the ill effects of sugar consumption on the human body and the growing availability of healthy sweeteners in the marketplace are expected to impede refined cane sugar demand going forward. Demand for raw white sugar and unrefined sugar products is projected to witness a surge by the end of the forecast period.

Changing economic and trade conditions around the world are also expected to have a significant impact on refined cane sugar production and supply chain management, which could result in the fluctuation of supply and demand trends.

  • In November 2022, the United States announced that it was halting imports from Central Romana Corp. Ltd., a leading producer of sugar and sugar-based products from the Dominican Republic. The United States Customs and Border Protection agency announced this in a statement amid allegations of forced child labour use by Dominican companies.

Report Attributes


Refined Cane Sugar Market Size (2023)

US$ 61.9 Billion

Projected Market Value (2033F)

US$ 109.3 Billion

Global Market Growth Rate (2023 to 2033)

5.8% CAGR

United States Market Growth Rate (2023 to 2033)


Liquid Sugar Segment Growth Rate (2023 to 2033)

4.7% CAGR

Key Companies Profiled

  • Clariant International Ltd.
  • Coromandel International Ltd.
  • American Crystal Sugar Company
  • Raizen S.A.
  • Cosan SA
  • Shree Renuka Sugars Limited
  • E.I.D.-Parry (India) Limited
  • Associated British Foods Plc.
  • Tereos International Limited
  • Louis Dreyfus Company B.V.
  • Tongaat Hulett Sugar South Africa Limited

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

How Can Sustainability Make or Break Refined Cane Sugar Manufacturers?

“Growing Focus on Sustainability to Create New Market Opportunities”

Refining sugar is not a process that has been seen as an eco-friendly one since it is largely associated with high carbon emissions and deforestation. The world has witnessed a noticeable increase in focus on environment-friendly practices owing to climate change and global warming. The aforementioned factor has led to high demand for sustainable practices that have little to no environmental impact and hence could hamper the sugar refining process.

On the other hand, this sustainability trend is expected to open up new avenues of business opportunities for refined cane sugar manufacturers as they can explore and develop new sustainable products that satisfy the changing global demand. However, it is hard to comment on how sustainability is impacting the consumption of refined cane sugar at the moment, but this updated study by Fact.MR could explain the long-term and short-term impacts of this on the overall market through 2033.

Refined cane sugar market forecast by Fact.MR

Will New Companies Have a Shot at Making a Mark in This Space?

“Innovative, Eco-friendly Products & Organic Sugar: Prime Focus of Start-ups”

Changing consumer preferences across the world have influentially altered sales of refined cane sugar in recent years and are expected to continue to do so in the future as well. Growing demand for eco-friendly products and the adoption of sustainable practices in manufacturing refined sugar are expected to provide highly lucrative opportunities for upcoming refined cane sugar suppliers over the next ten years.

Increasing awareness regarding the benefits of organic foods is also expected to create a surge in demand for organic sugar and provide a bankable setting for new refined cane sugar suppliers. Start-ups can also revolutionize the industry with the development and launch of alternative sweeteners and syrups that are better than refined sugar.

A more detailed analysis of the start-up scenario with new developments and forecasted pricing trends has been mentioned in this revised refined cane sugar industry survey by Fact.MR, a market research and competitive intelligence provider.

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Country-wise Insights

Will Investing in Japan Be a Smart Move for Refined Sugar Vendors?

“Changing Consumer Dietary Preferences to Offer Remunerative Business Scope”

The increasing influence of Western culture on the Japanese population has resulted in a paradigm shift in dietary choices and this is expected to be the foremost aspect boosting the consumption of refined cane sugar in Japan over the coming years. Moreover, the rapidly expanding dairy industry, growing popularity of processed foods, increasing preference for ready-to-drink beverages, and growing consumption of bakery and confectionery products are other factors that are anticipated to influence sales of unrefined white sugar and refined cane sugar in Japan across the forecast period.

Growing urbanization and the developing food processing industry are other prospects that could influence refined cane sugar demand going forward. This recently updated Fact.MR research survey predicts refined cane sugar market expansion in Japan at 2.9% CAGR over the next ten years.

Which Market Trends Will Drive Demand for Refined Sugar in Europe?

“Growing Demand for Organic Cane Sugar and Rising Focus on Sustainability”

European consumers have grown more aware of the environmental impact that they have on their surroundings while living their life and this has crucially shaped the market for many products and services in the region. Consumers in European countries are preferring refined sugar and other sweeteners that are made through sustainable and eco-friendly practices and this is projected to significantly influence market development in the future.

Germany is anticipated to be a prime market for refined sugar in this region owing to the rising use of sugar in bakery products and processed foods. Increasing awareness regarding the ill effects of refined cane sugar and growing consumption of organic food products are other influential prospects that are projected to drive refined cane sugar shipments at 3.5% CAGR in Germany across the forecast period. Refined beet sugar is anticipated to witness a hike in popularity in many European countries including Germany in the future.

Which is the Most Bankable Market in North America?

“United States to Lead Refined Sugar Shipments in the Region”

Demand for cane sugar in the United States is anticipated to primarily be driven by increasing use in the food and beverages industry. The presence of key food processing and manufacturing companies coupled with changing consumer preferences makes the United States an opportune market for sugar and other food ingredient suppliers.

High consumer spending potential, increasing demand for low-calorie food products, growing adoption of natural sweeteners, and rising consumption of bakery and confectionery products are other factors that shape refined cane sugar market growth in the country over the coming years. Shipments of refined cane sugar are anticipated to rise at a high CAGR of around 8% from 2023 to 2033.

Category-wise Insights

Which Product Accounts for a Substantial Market Share?

“Demand for Liquid Sugar to Soar High”

Based on product type, the market for refined cane sugar is segmented into liquid sugar, powdered sugar, granulated textured sugar, granulated flavored sugar, granulated colored sugar, pulp, and others.

Liquid refined cane sugar is preferred over other forms owing to its characteristic property of dissolving and merging with other ingredients without much effort in the preparation of confectionery products. Other forms of raw white sugar need to be dissolved in a solution and then used further for the preparation of different products and this is why liquid sugar is preferred because it eliminates this extra process. Demand for liquid refined cane sugar is projected to rise at 4.7% CAGR over the next ten years.

Competitive Landscape

Leading refined cane sugar manufacturers are focusing on expanding their production capacity to meet increasing global demands and are also altering local supply trends in this process, which could have an indifferent impact on the overall market growth.

  • In November 2022, the president of Dangote Group, Aliko Dangote, announced his plans for the expansion of Dangote Sugar Refinery Plc by scaling up an investment of over US$ 700 million through the Backward Integration Programme. The company also announced plans to increase its sugar plantation area to meet its increased refined sugar manufacturing goals.
  • In May 2021, a joint venture between Cargill and Louisiana Sugar Growers and Refiners Inc. called Louisiana Sugar Refining LLC announced its plans to expand the operational capacity of its sugar refinery establishment in Gramercy, United States.

Top refined cane sugar suppliers are also expected to focus on collaborations, partnerships, and mergers to expand their business scope and fast-track the development of novel products.

  • In June 2022, EID Parry, a sugar provider based in India, signed a partnership agreement with Nutrition Innovation, a food technology company. The agreement was made to manufacture Nucane a low GI sugar to meet the changing demands of consumers.

Key Segments of Refined Cane Sugar Industry Research

  • By Product Type :

    • Liquid Sugar
    • Powdered Sugar
    • Granulated Textured Sugar
    • Granulated Flavored sugar
    • Granulated Colored Sugar
    • Pulp
    • Others
  • By End User :

    • Food Processors
    • Livestock Feed Manufacturers
    • Retailers
    • Industrial Users
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

- FAQs -

How much is the refined cane sugar industry worth?

The global refined cane sugar market accounts for a value of US$ 61.9 billion in 2023.

What is the projected market value for refined cane sugar for 2033?

Demand for refined cane sugar is forecasted to reach a market valuation of US$ 109.3 billion by 2033-end.

At what pace will the demand for refined cane sugar rise?

Over the next ten years, worldwide refined cane sugar shipments are projected to rise at 5.8% CAGR.

How fast will the consumption of refined cane sugar rise in the United States?

Sales of refined cane sugar in the United States are projected to increase at 8% CAGR through 2033.

Who are the top manufacturers of refined cane sugar?

Clariant International Ltd., American Crystal Sugar Company, Raizen S.A., and Cosan SA. are key refined cane sugar producers.

Refined Cane Sugar Market