The Global Sugar Market

The US produces 8.3 million tons of sugar and consumes 11.6 million tons annually. This creates a deficit of 3.3 million tons which must be imported from global producers.

The global sugar market represents 183 million tons valued at $66.39B in 2023 and is projected to grow to 295 million tons and $103.68B by 2030. The US sugar market represents 14 million tons valued at $7.5B in 2023 and is projected to grow to 19.3 million tons and $11.67B by 2030.

THE US IS THE

largest producer

1 th

US sugar market in size

AND THE

largest consumer

1 th

US MARKET CONCENTRATION
80% of the market is controlled by 4 companies

The US market deficit requires sourcing of sugar from throughout the world

3.3 millions tons of sugar were imported in 2023

3.3 millions tons of raw sugar were imported in 2023

ASIA

$ 51,559,240

48,852.68 MT

OCEANIA

$ 94,863,260

114,170.50 MT

NORTH & CENTRAL AMERICA

$ 51,559,240

48,852.68 MT

SOUTH AMERICA

$ 812,725,190

1,116.264.43 MT

EUROPE

$ 4,580,610

1,812.70 MT

AFRICA

$ 101,781,250

109,029.49 MT

The Global Sugar Market

The US produces 8.3 million tons of sugar and consumes 11.6 million tons annually. This creates a deficit of 3.3 million tons which must be imported from global producers.

THE US IS THE

US sugar market in size

AND THE

The US market deficit requires sourcing of sugar from throughout the world

3.3 millions tons of sugar were imported in 2023

3.3 millions tons of raw sugar were imported in 2023

ASIA

OCEANIA

NORTH & CENTRAL AMERICA

$ 51,559,240

48,852.68 MT

SOUTH AMERICA

EUROPE

AFRICA

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