Food & Beverage Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Sugar - Refined
Overview
Market size
$65.0B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$76.1B
What changed
Demand by region
Asia demand42%
Europe demand18%
North America demand14%
Latin America demand11%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Raw Feedstock (Sugarcane or Sugar Beet)60%
Energy and Processing Utilities15%
Logistics and Inland Transportation12%
Labor and Factory Overhead8%
Packaging and Refining Agents5%
share of delivered cost (analyst estimate)