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Sugarcane: Market Size & Forecast 2026

The global sugarcane category sits at approximately USD 62.3 billion in 2025 (base year) [Claight estimate: convergence of published agricultural market analyses, range USD 61-63 billion across four sources], with a 2.8% CAGR through 2032 (forecast year) reflecting a mature, replacement-driven consumable category where production growth tracks population, per-capita sugar consumption, and ethanol diversion economics. The 2025/26 marketing year carries a global surplus that pushed raw sugar futures down from 27.31 cents per pound in late 2025 to a multi-year low near 13.93 cents per pound in early 2026 [Verified: Southern Ag Today, 10 June 2026]; we expect a 550,000-tonne deficit in 2026/27 to lift prices toward 15.00 cents per pound by year-end [Claight estimate: derived from StoneX and Agrideria forward curves]. > Synthesised from secondary and publicly verifiable sources via Claight Ca

Market size · 2025
$62.3bn
CAGR · 2025–2030
2.8%
Forecast · 2030
$71.5bn
Basis
Claight Analysis
Market size (USD)
Base year 2025
Official data · Claight AnalysisForecast
Market size and CAGR extracted from the published Claight report; figures match the report..
Forecast
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2025 base: $62.3bn2032 est: $75.6bn
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Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.