Cane Sugar Market Report 2026

The cane sugar market size has grown steadily in recent years. It will grow from $186.66 billion in 2025 to $192.47 billion in 2026 at a compound annual growth rate (CAGR) of 3.1%. The growth in the historic period can be attributed to expansion of global food and beverage manufacturing, rising consumption of sweetened products, growth of bakery and confectionery industries, widespread availability of sugarcane crops, established refining infrastructure.

The cane sugar market size is expected to see steady growth in the next few years. It will grow to $226 billion in 2030 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to increasing demand for natural sweeteners, rising regulatory scrutiny on sugar labeling, expansion of organic food production, growing use in fermentation and beverage applications, increasing investments in sustainable sugarcane farming. Major trends in the forecast period include increasing demand for organic and unrefined cane sugar, rising use in clean-label food products, expansion of liquid cane syrup applications, growing focus on traceable and ethical sourcing, enhanced processing efficiency improvements.

The increasing demand for sugar-rich confectionery products and soft drinks is expected to drive the growth of the cane sugar market in the coming years. Confectionery products include sweets, candied nuts, chocolates, chewing gum, sweetmeats, pastilles, and other sugar-containing treats. Cane sugar is widely used as a primary sweetener in confectionery, beverages, and bakery products. As consumption of sugar-rich confectionery items and soft drinks rises, the demand for cane sugar correspondingly increases. For example, in October 2024, according to reports published by the Department for Environment, Food and Rural Affairs (DEFRA), a UK-based government department, average weekly spending on food and drink reached £43.33 per person ($52.60) in the financial year ending 2023, reflecting a 5.4% increase from £41.11 ($49.90) in the previous year. In addition, total household spending on food and non-alcoholic beverages increased by 5.1%, rising from £28.23 ($34.27) in FY 2022 to £29.66 ($35.98) in FY 2023. Therefore, the growing consumption of sugar-rich confectionery products and soft drinks is fueling expansion in the cane sugar market.

Companies operating in the cane sugar market are increasingly focusing on developing advanced solutions, including differentiated ingredient-based product offerings, to broaden consumer choice and enhance product appeal. Differentiated ingredient-based offerings involve customized formulations that incorporate alternative sweetener profiles, providing cane sugar-based options either alongside or in place of commonly used sweeteners to address varying consumer preferences related to taste, natural ingredients, and perceived quality. For instance, in July 2025, Coca-Cola, a US-based beverage company, announced the introduction of a new cola product made with US cane sugar. This cane sugar variant expands the company’s product portfolio to serve diverse consumption occasions and consumer preferences. The initiative utilizes Coca-Cola’s comprehensive range of sweetening solutions and reflects growing consumer interest in differentiated beverage experiences, while the company continues to offer its traditional high-fructose corn syrup-based products.

In April 2025, Zuari Industries Ltd., an India-based agribusiness engaged in the production of cane-derived sugar, partnered with the Indian Council of Agricultural Research-Indian Sugarcane Research Institute (ICAR-ISRI) to improve sugarcane productivity in Uttar Pradesh. Through this collaboration, Zuari Industries seeks to strengthen its position across the cane sugar value chain by adopting advanced agronomic practices, enhancing soil health initiatives, and supporting farmers through research-driven cultivation techniques. ICAR-ISRI is an India-based research institute focused on sugarcane breeding, crop management, and sustainable production technologies.

Major companies operating in the cane sugar market are Global Organics Limited, Louis Dreyfus Company, Associated British Foods plc, Tate & Lyle plc, Anthony’s Goods, Delphi Organic GmbH, DO IT ORGANIC, Florida Crystals, Nanning Sugar Industry Co. Ltd., Wholesome Sweeteners Inc., ASR Group International Inc., Balrampur Chini Mills Limited, Tongaat Hulett Sugar South Africa Limited, Cosan S.A., Mitr Phol Sugar Corporation Ltd., Biosev S.A., Wilmar International Limited, Thai Roong Ruang Group, Bunge Limited, Cargill Inc., Archer Daniels Midland Company, Raizen Energia S.A., Guangxi Guitang Group Co. Ltd., Al Khaleej Sugar Company, East India Distilleries Parry Limited, Dalmia Bharat Sugar and Industries Ltd., Illois Sugar Inc., Okeana Sugar, Whitsunday Sugar Limited, Fiji Sugar Corporation.

Asia-Pacific was the largest region in the cane sugar market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global cane sugar market during the forecast period. The regions covered in the cane sugar market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cane sugar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The cane sugar market consists of the sale of unrefined, refined, and raw cane sugar. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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