+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Egypt Sugar Market - Forecasts from 2025 to 2030

  • PDF Icon

    Report

  • 76 Pages
  • December 2024
  • Region: Egypt
  • Knowledge Sourcing Intelligence LLP
  • ID: 5716796
Egypt's sugar market is anticipated to grow at a compound annual growth rate (CAGR) of 3.19% over the forecast period to reach US$6.354 billion by 2030 from an initial value of US$5.431 billion in 2025.

Several key factors significantly influence the Egyptian sugar market growth. The cultivation of sugarcane in Egypt is primarily concentrated around the sugar refineries located in Upper Egypt, which account for approximately 77 percent of the total cane area in the country. Middle Egypt contributes an additional 15 percent to the sugarcane area, followed by the Delta region with eight percent.

Policies aimed at encouraging farmers to cultivate sugarcane andsugarbeet play a significant role in boosting domestic production and reducing dependence on imports. By incentivizing farmers through supportive policies, the government aims to enhance the local sugar industry's sustainability and self-sufficiency.

Sugarcane is typically planted during both the spring and autumn seasons. The demand for sugarcane has been on the rise, leading to an increase in the Procurement Price for sugar beet. In 2022, the price stood at 700 EGP, which escalated to 1,000 EGP in 2023 and further to 1,200 EGP in 2024. This upward trend in prices can be attributed to the expandingconfectioneryfood products sector, which demands higher sugar inputs.

Egyptian sugar market drivers

Favourable government policies supporting the sugar industry

The government of Egypt has implemented various forms of support to bolster the sugar industry. These include production incentives and price subsidies aimed at ensuring the availability and affordability of sugar for the population.

One significant initiative is the Egypt Future Developmental Project, launched in January 2022. This project focuses on producing strategic commodities, including sugar beets, in the New Delta extension of Dabaa in the northwest. A total area of 35,000 feddans (14,700 hectares) has been allocated for sugar beet cultivation under this project.

Price subsidies are also provided, with refined sugar being offered to food subsidy beneficiaries at prices below the international market rates. For instance, one kilogram of sugar is provided at a subsidized price of 10 EGP ($0.30) per month. Additionally, families receive a monthly cash transfer of 200 EGP ($10.96),enabling them to afford sugar and other essential food items. Egyptian sugar production has seen an increase from 2.76 million tons in 2022/23 to 2.78 million tons in 2023/24.

This rise in demand is driven by factors such as population growth, which is estimated at 2.4 percent annually. With Egypt's population reaching approximately 106 million in 2022 and increasing by around 2 million people per year, the demand for sugar continues to escalate. Moreover, the expanding confectionary food products sector is further fueling the demand for sugar, necessitating higher inputs.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Egypt Sugar Market is analyzed into the following segments:

By Form

  • Sugar Cubes
  • Granulated Sugar
  • Powdered Sugar
  • Sugar Syrup

By Mode Of Source

  • Cane Sugar
  • Beet Sugar

By Use

  • Food and Beverages
  • Pharmaceuticals

By Distribution Channel

  • Online
  • Offline

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
2.3. Data Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Supplier
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. EGYPT SUGAR MARKET BY FORM
5.1. Introduction
5.2. Sugar Cubes
5.3. Granulated Sugar
5.4. Powdered Sugar
5.5. Sugar Syrup
6. EGYPT SUGAR MARKET BY MODE OF SOURCE
6.1. Introduction
6.2. Cane Sugar
6.3. Beet Sugar
7. EGYPT SUGAR MARKET BY USE
7.1. Introduction
7.2. Food and Beverages
7.3. Pharmaceuticals
8. EGYPT SUGAR MARKET BY DISTRIBUTION CHANNEL
8.1. Introduction
8.2. Online
8.3. Offline
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Wilmar International Ltd.
10.2. Daqahlia Sugar & Refining Company
10.3. Südzucker AG
10.4. Canal Sugar
10.5. Nile Sugar
10.6. Al Khaleej Sugar

Companies Mentioned

  • Wilmar International Ltd.
  • Daqahlia Sugar & Refining Company
  • Südzucker AG
  • Canal Sugar
  • Nile Sugar
  • Al Khaleej Sugar

Methodology

Loading
LOADING...

Table Information