In India, Maximize Market Research reported that the global cane sugar market was valued at $232.86 billion in 2024 and is projected to reach $ 258.41 billion by 2032, expanding at a compound annual growth rate (CAGR) of 1.31% during the forecast period from 2025 to 2032.
“Technological advancements in cultivation and extraction are further enhancing production efficiency. Modern farming practices, improved irrigation systems, and precision agriculture are boosting yield and reducing environmental impact,” the report stated.
“Asia Pacific dominates the global cane sugar market, accounting for approximately 39% of total revenue in 2024. The region’s leadership is attributed to high consumption levels, large-scale sugarcane cultivation, and extensive processing capacity. Countries like India, China, Thailand, and Indonesia are key producers and consumers, supported by favorable climatic conditions and government programs promoting domestic production,” it added.
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Category: Food & Agriculture
