Press release
Surging Sugarcane Syrup Market to Hit $51.02 Billion in 2025, Driven by Artisanal Food Movement and Beverage Demand Growth
Sugarcane Syrup Market Size
What Is The Projected Market Size Of The Global Sugarcane Syrup Global Market Report 2025 And Its Growth Rate?
• The Sugarcane syrup market size has significantly grown in recent years from $47.83 billion in 2024 to $51.02 billion in 2025.
• This represents a compound annual growth rate (CAGR) of 6.7% for the period.
• The market's growth can be attributed to the cultural and regional demand, the craft and artisanal food movement, increasing usage in beverages, and versatility in culinary applications.
• Additionally, a strong market in heritage and traditional medicine, niche gourmet markets, and increasing e-commerce growth are expected to boost the sugarcane syrup market to reach $65 billion in 2029 with a CAGR of approximately 6.2%.
What Is Driving The Growth In The Sugarcane Syrup Global Market Report 2025?
Increasing consumption of beverages is expected to drive the growth of the sugarcane syrup market. Sugarcane syrup, a popular sweetener in beverage production, benefits from rising demand for soft, energy, and sports drinks, as the syrup's use increases in line with the popularity of these drinks. For example, according to Agriculture and Agri-Food Canada (AAFC), exports of processed food and beverage products reached an all-time high of $54.3 billion in 2022, a 14.1% increase compared to the previous year. Therefore, this growing demand for beverages is anticipated to drive the sugarcane syrup market.
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Who Are the Key Players Driving Sugarcane Syrup Global Market Report 2025 Growth?
• Associated British Foods plc
• Super Syrups (pty) Ltd.
• Tongaat Hulett Ltd.
• Atlanta Sugar SA - BKB Ltd.
• Sunshine Sugar
• Frozy Egypt
• Kenana Sugar Company
• White Nile Sugar Company
• GM Sugar Uganda Ltd.
• Kinyara Sugar Ltd.
• Royal Swaziland Sugar Corp.
• Carolina Cider Company
• Tate & Lyle plc
• Liber and Company
• Illovo Sugar Ltd.
• Suedzucker AG
• Mitr Phol Group
• Nordzucker AG
• Biosev- Louis-Dreyfus Group Company
• Wilmar International Limited
• Thai Roong Ruang Group
• Florida Crystals Corporation
• American Sugar Refining Inc.
• Tully Sugar Limited
• East India Distilleries Parry Limited
• Shree Renuka Sugars Ltd.
• Dhampur Sugar Mills Ltd.
• Balrampur Chini Mills Ltd.
• Bajaj Hindusthan Sugar Ltd.
• Dangote Sugar Refinery plc
• Golden Agri-Resources
• Renuka Holdings plc
What Are The Key Trends In The Sugarcane Syrup Global Market Report 2025?
• Innovative product formulations
• Clean label and transparency
• Diversification of product offerings
• Sustainable and ethical sourcing
• Innovation in packaging
What Are The Segments Of The Global Sugarcane Syrup Global Market Report 2025?
• By Type: Pure Sugarcane Syrup, Mix Sugarcane Syrup
• By Distribution Channel: Super markets And Hyper markets, Convenience Stores, Online Retail Stores, Other Distribution Channels
• By Application: Confectionery, Dairy, Prepared Mix, Other Applications
Which Region Leads The Sugarcane Syrup Global Market Report 2025?
South America was the largest region in the sugarcane syrup market in 2024. The market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Sugarcane Syrup Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Sugarcane Syrup Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sugarcane Syrup Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sugarcane Syrup Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sugarcane Syrup Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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