Industrial Sugar Market Report 2026

The industrial sugar market size has grown strongly in recent years. It will grow from $51.41 billion in 2025 to $54.46 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to expansion of processed food manufacturing, rising consumption of bakery and confectionery products, increased use of sugar as a preservative, growth of frozen food production, availability of large-scale sugar refining infrastructure.

The industrial sugar market size is expected to see strong growth in the next few years. It will grow to $68.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growing demand for clean-label sweeteners, rising focus on sustainable sugar sourcing, expansion of beverage processing applications, increasing use of alternative sugar blends, modernization of sugar processing facilities. Major trends in the forecast period include increasing demand for processed food ingredients, growing use of liquid and syrup sugar forms, expansion of high-fructose corn syrup applications, enhanced focus on quality consistency and shelf stability, rising adoption of automated sugar processing.

The increasing demand for confectionery products, including dairy items, is expected to drive growth in the industrial sugar market in the coming years. Dairy items refer to products primarily made with or containing milk from mammals such as cows. The global industrial sugar market is benefiting from the expanded use of confectionery in a wide range of beverages and sweet products, including cakes, milkshakes, croissants, and hot sugar-based treats. For example, in August 2023, the Department of Agriculture, Fisheries, and Forestry, an Australia-based government division, reported that dairy exports were projected to grow by 2% in 2023-24, reaching 679 kilotons, up from 663 kilotons in 2022-23. Therefore, the rising demand for confectionery products, particularly dairy items, is supporting growth in the industrial sugar market.

Key companies in the industrial sugar market are pursuing strategic partnerships to produce sugar from otherwise unpalatable biomass. Strategic partnerships involve companies leveraging each other’s strengths and resources to achieve mutual benefits. For instance, in April 2023, Toray Industries, Inc., a Japan-based chemical company, partnered with Mitsui DM Sugar Co., Ltd. to produce sugar from inedible biomass, such as extra bagasse - a pulpy byproduct of sugarcane processing - and pulp from cassava extraction at starch manufacturers. This approach, combined with Toray’s techniques for producing monomers from sugars, supports a circular economy by enabling biomass-based polymers for fibers, films, resins, and other goods. Mitsui DM Sugar Co., Ltd. is a Japan-based manufacturer of sugar and related products.

In February 2024, Shri Dutt India Pvt. Ltd., an India-based sugar manufacturing company, acquired Indian Sugar Manufacturing Company Ltd. for $21 million. The acquisition aims to expand Shri Dutt India’s production capacity and strengthen control over its integrated sugar supply chain, improving operational efficiency and market presence. Indian Sugar Manufacturing Company Ltd. is an India-based company specializing in industrial sugar production, along with allied products through sugar milling, distillery operations, and co-generation power.

Major companies operating in the industrial sugar market are Cargill Incorporated, Nordzucker AG, EID Parry Ltd., Südzucker AG, Louis Dreyfus Company B.V., British Sugar PLC, Shree Renuka Sugars Ltd., Archer Daniels Midland Company, Raízen S.A., Tongaat Hulett Sugar Limited, Cosan SA Indústria e Comércio, Mitr Phol Sugar Corporation, Associated British Foods PLC, Wilmar International Limited, American Crystal Sugar Company, Lantic Inc., Michigan Sugar Company, Imperial Sugar Company, Guangxi Guitang Group Co. Ltd., Rizhao Lingyunhai Sugar Group, Bunge Limited, Thai Roong Ruang Group, China National Cereals Oils & Foodstuffs Corporation, Dhampur Sugar Mills Ltd., Balrampur Chini Mills Ltd., MSF Sugar Ltd.

Asia-Pacific was the largest region in the industrial sugar market share in 2025. The regions covered in the industrial 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 industrial sugar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The industrial sugar market consists of sales of granulated sugar, caster sugar, confectioners’ sugar, pearl sugar, sanding sugar, cane sugar, demerara sugar, and turbinado 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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