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, growing at a CAGR of 1.31% over 2025-2032.
The forecast underscores continued demand driven by food processing and industrial applications in Asia-Pacific, Latin America, and beyond.
The Asia-Pacific region held a 39% share in 2024 and is expected to continue as the growth engine with a CAGR of nearly 1.37 %, fueled by high consumption, population growth, and manufacturing expansion, the report stated.
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Tags: sugarcane
Category: Food & Agriculture
