Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Industrial Sugar Market size was over USD 48.14 billion in 2024 and is poised to exceed USD 93.05 billion by 2037, witnessing over 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial sugar is evaluated at USD 50.27 billion.
On the back of the increasing demand for industrial sugar for applications in bakery, confectionary and dairy among others, followed by the rising trends of packaged food, growing demand for sweeteners in the manufacturing of food products, and the growing importance of sugar in international trade. Along with these, the surge in the production of food products in the food & beverage industry is also estimated to drive the market growth. In accordance with our analysis, the food & beverages industry’s revenue is estimated to grow by more than 15% by the end of 2022.
