Cane Sugar Market Size (2024 - 2029)

Cane Sugar Market Analysis

The global cane sugar market is expected to register a CAGR of 5.3% over the next five years.

• Sugar from cane is helpful for blood insulin levels, body protein levels, and hydration. Due to its availability, sweetness, and slightly fruity flavour, it is frequently chosen above other sugars for its use in sweetening baked products and hot beverages. Growing consumer demand for cane sugar as a sweetener in food and beverage products drives the cane sugar market during the forecast period.
• Due to increased demand from diverse industries, cane sugar is becoming more and more popular as a sweetener. The food and beverage sectors employ cane sugar as a source of energy, trace minerals, and antioxidants, which has led to a significant expansion in the cane sugar market.
• The abundance of sugarcane availability, and properties of cane sugar, such as better flavour and caramelization, make it superior to beet sugar. 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 players, as well as the small domestic players, are attracting consumers and propelling the market growth.
• According to the Organisation for Economic Co-operation and Development (OECD), the rise in global sugar consumption is likely to 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.
• However, due to the adverse health effects caused by cane sugar, consumers are inclined towards artificial sweeteners. Also, the development of other better sugar substitutes, such as coconut sugar, stevia, and regulations imposed by the regulatory bodies and other health organizations are restraining market growth. For instance, the American Heart Association (AHA) recommends a strict-sugar limit of no more than 100 calories per day for adult women and 150 calories for adult men.

Cane Sugar Industry Segmentation

The cane sugar market is primarily developing owing to sugarcane accessibility and other properties such as superior flavor prevalent enough to beet sugar.

The global cane sugar market has been segmented, based on category, into organic and conventional; based on form into crystallized sugar and liquid syrup; and based on application into bakery and confectionery, dairy, beverages, and other applications. Also, the study provides an analysis of the cane sugar market in emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle-East and Africa.

The report offers market size and forecasts for the cane sugar market in value (USD million) for all the above segments.