| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 8.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Cane Sugar Market Analysis
The Asia-Pacific Cane Sugar Market is expected to register a CAGR of 8.6% during the forecast period.
- The market is mainly growing owing to the abundance of sugarcane availability and other properties, such as better flavor and caramelization, which are superior to beet sugar. Sugar from cane is helpful for blood insulin levels, body protein levels, and hydration. Due to its availability, sweetness, and slightly fruity flavor, it is frequently chosen above other sugars for its use in sweetening baked products and hot beverages.
- Also, innovations in the existing conventional sugar, such as brown cane sugar, which consists of added molasses to enhance flavor and appearance, by the leading global and small domestic players have fueled the market growth.
- The utilization of sugar has also increased, and both domestic production and imports meet the domestic necessities of the nation. According to the Organisation for Economic Co-operation and Development (OECD), the rise in sugar consumption will likely come from developing countries, attributed to rising demand for sugar-rich confectionery products and soft drinks. Across Asia-Pacific, India is expected to lead the growth, followed by Indonesia, China, and Pakistan.
APAC Cane Sugar Market Trends
Increased Trade of Organic Cane Sugar
- Organic cane sugar is witnessing enhanced demand these days. Organic cane sugar is unrefined sugar that contains a full taste of sugarcane, is less processed, retains a lot of nutrients, and thus excludes cancer-causing and environmentally damaging pesticides in otherwise conventionally grown sugarcane.
- Furthermore, organic cane sugar is high in polyphenols, has powerful phytonutrients with qualities of antioxidants, and is loaded with vitamins and minerals, including magnesium, calcium, manganese, potassium, and iron, coupled with amino-acids that help to burn fat and build muscle.
- The presence of essential amino acids like lysine, histidine, arginine, methionine, pipecolic acid, arginine, etc., is found to lower cholesterol. According to the Trade Map, in 2021, China exported around 107.8 thousand metric tons of sugar. The attributes such as availability, texture, cost, eco-friendliness, nutrition benefits, and rich sugarcane flavor over regular conventional cane sugar, etc., support the demand and consumption of organic cane sugar across the region.
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India Holds a Prominent Share in The Market
- India is one of the largest agricultural countries, making it an ideal market to expand due to the growing sugar consumption in the country. With new regulatory policies and amendments in the older ones, there is a greater chance for farmers and millers to increase their efforts toward cane sugar production and processing. India is the largest producer of sugar in the world and is also the largest consumer.
- Additionally, employment is created in several ancillary activities related to transportation, trade servicing of machinery, and supply of agriculture inputs. According to the Ministry of Consumer Affairs data from October 2022, 5000 lakh metric tons of sugar cane were produced in India, of which sugar mills crushed about 3574 lakh metric tons of sugarcane to produce about 394 lakh metric tons of sugar (sucrose).
- India is the world's largest producer and consumer of sugar; hence over the medium term, demand is anticipated to rise. Due to the increase in demand for organic and naturally derived products, demand for organic sugar is also growing in India.
- Additionally, India is known for its ayurvedic medicines, and organic sugar and potions are used in most of them. According to the Agricultural and Processed Food Products Export Development Authority (APEDA) data, India exported 21932.591 MT of organic sugar in 2021-2022.
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APAC Cane Sugar Industry Overview
The Asia-Pacific cane sugar market is fragmented due to large regional and domestic players in different countries. Emphasis is given to the companies' merger, expansion, acquisition, partnership, and new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Major players in Asia-Pacific cane sugar production are Global Organics, Ltd., Louis Dreyfus Company BV, Tate & Lyle PLC, American Sugar Refining, Inc., and Wilmar Sugar Australia Holdings Pty Ltd.
APAC Cane Sugar Market Leaders
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Global Organics, Ltd.
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Louis Dreyfus Company B.V.
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Tate & Lyle PLC
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American Sugar Refining, Inc.
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Wilmar Sugar Australia Holdings Pty Ltd.
- *Disclaimer: Major Players sorted in no particular order
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APAC Cane Sugar Market News
- December 2021: MSM Malaysia Holdings Bhd (MSM Malaysia) and Wilmar Sugar Pty Ltd (Wilmar Sugar) inked a collaboration agreement to build a sustainable sugar supply chain. MSM Malaysia and Wilmar Sugar will embark on joint efforts to assist and support each other to pilot an approach to enable sustainable raw sugar sourcing within both companies' joint supply chains by focusing on traceability reporting of sugar supplies and monitoring sustainability performance based on the NDPE Sugar Policy.
- November 2021: DCM Shriram Ltd announced an investment of over USD 4.22 million to expand the capacity of sugar mills. The company approved three investment proposals for the sugar business to capitalize on the increase in sugarcane availability in its catchment area, enhance the capacity for the production of refined sugar due to consumer preference, and build feedstock flexibility for its distilleries.
- November 2021: The Sugar Research Institute of Fiji released a new cane variety for commercial planting in the 2022 planting season. The variety had a high sugar content leading to better yield, more income for the growers, and increased total sugar production.
APAC Cane Sugar Industry Segmentation
Cane sugar is the sugar obtained from the processing of sugarcane.
The Asia-Pacific cane sugar market is segmented by category, form, application, and geography. Based on the category, the market is segmented into organic and conventional. Based on the form, the market is segmented into crystallized sugar and liquid syrup. Based on the application, the market is segmented into bakery and confectionery, dairy, beverages, and other applications. Based on geography, the market is segmented into China, Japan, India, Australia, and the Rest of Asia-Pacific.
For each segment, the market sizing and forecasts have been done based on value (in USD Million).
| Category | Organic |
| Conventional | |
| Form | Crystallized Sugar |
| Liquid Syrup | |
| Application | Bakery and Confectionery |
| Dairy | |
| Beverages | |
| Other Applications | |
| Geography | China |
| Japan | |
| India | |
| Australia | |
| Rest of Asia-Pacific |
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APAC Cane Sugar Market Research FAQs
What is the current Asia-Pacific Cane Sugar Market size?
The Asia-Pacific Cane Sugar Market is projected to register a CAGR of 8.6% during the forecast period (2025-2030)
Who are the key players in Asia-Pacific Cane Sugar Market?
Global Organics, Ltd., Louis Dreyfus Company B.V., Tate & Lyle PLC, American Sugar Refining, Inc. and Wilmar Sugar Australia Holdings Pty Ltd. are the major companies operating in the Asia-Pacific Cane Sugar Market.
What years does this Asia-Pacific Cane Sugar Market cover?
The report covers the Asia-Pacific Cane Sugar Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Cane Sugar Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia Pacific Cane Sugar Industry Report
Statistics for the 2025 Asia-Pacific Cane Sugar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Cane Sugar analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
