Granulated Sugar Market

By Source;

Sugarcane, Sugar Beet, Date Palm, Sorghum, and Sugar Maple

By Packaging Type;

Bags and Bulk Containers

By Distribution Channel;

Supermarkets & Hypermarkets, and Convenience Stores

By Application;

Food Industry - [Bakery & Confectionary, Dairy, Snacks, and Frozen Desserts] and Pharmaceuticals

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn658592982 Published Date: August, 2025

Introduction

Global Granulated Sugar Market (USD Million), 2021 - 2031

In the year 2024, the Global Granulated Sugar Market was valued at USD 35,015.56 million. The size of this market is expected to increase to USD 52,824.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Granulated Sugar Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 35,015.56 Million
Market Size (2031)USD 52,824.54 Million
Market ConcentrationMedium
Report Pages370
35,015.56
2024
52,824.54
2031

Major Players

  • Raizen SA
  • Tongaat Hulett Sugar South Africa Limited
  • Cargill Incorporated
  • Archer Daniels Midland (ADM)
  • Sudzucker AG
  • Illovo Sugar (PTY) Limited
  • Dangote Group
  • E.I.D Parry Limited
  • Nordzucker Group AG
  • Tereos

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Granulated Sugar Market

Fragmented - Highly competitive market without dominant players


The global granulated sugar market plays a pivotal role in the food and beverage industry, serving as a fundamental sweetener across a wide range of products. Granulated sugar, derived primarily from sugarcane and sugar beets, is renowned for its versatility in applications such as bakery, confectionery, beverages, and processed foods. Its widespread use stems from its ability to impart sweetness, texture enhancement, and preservation qualities to various food products.

The market for granulated sugar is influenced by several factors, including global sugar production trends, consumer preferences for natural sweeteners, and economic factors impacting agricultural output. Major producing regions like Brazil, India, China, Thailand, and the European Union dominate global production, with variations in climate and agricultural policies affecting supply dynamics. Additionally, shifts in dietary habits and increasing consumer awareness of health concerns related to excessive sugar consumption have spurred demand for alternatives like natural sweeteners and sugar substitutes, influencing market dynamics.

In terms of market segmentation, granulated sugar finds applications in both retail and industrial sectors. Retail sales predominantly cater to households and small-scale enterprises, where granulated sugar is sold in various packaging sizes. Conversely, the industrial sector utilizes bulk quantities of granulated sugar for large-scale food processing, beverage production, and pharmaceutical applications. This dual market structure reflects diverse consumer preferences and industrial requirements, driving innovation in sugar processing technologies and packaging solutions to meet global demand efficiently.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Packaging Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Granulated Sugar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Food Industry Demand
        2. Increasing Population
        3. Growth in Bakery & Confectionery
        4. Emerging Economies
      2. Restraints
        1. Health Concerns & Sugar Taxes
        2. Shift to Sugar Substitutes
        3. Climate Change Impacts on Agriculture
        4. Regulatory Constraints
      3. Opportunities
        1. Innovation in Low-Calorie Sweeteners
        2. Expansion in Pharmaceutical Applications
        3. Sustainable Sugar Production
        4. Technological Advancements in Processing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Granulated Sugar Market, By Source, 2021 - 2031 (USD Million)
      1. Sugarcane
      2. Sugar Beet
      3. Date Palm
      4. Sorghum
      5. Sugar Maple
    2. Granulated Sugar Market, By Packaging Type, 2021 - 2031 (USD Million)

      1. Bags

      2. Bulk Containers

    3. Granulated Sugar Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Supermarkets & Hypermarkets

      2. Convenience Stores

    4. Granulated Sugar Market, By Application, 2021 - 2031 (USD Million)
      1. Food Industry
        1. Bakery & Confectionary
        2. Dairy
        3. Snacks
        4. Frozen Desserts
      2. Pharmaceuticals
    5. Granulated Sugar Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Raizen SA
      2. Tongaat Hulett Sugar South Africa Limited
      3. Cargill Incorporated
      4. Archer Daniels Midland (ADM)
      5. Sudzucker AG
      6. Illovo Sugar (PTY) Limited
      7. Dangote Group
      8. E.I.D Parry Limited
      9. Nordzucker Group AG
      10. Tereos
  7. Analyst Views
  8. Future Outlook of the Market