South Africa Industrial Sugar Market to 2032
Overview
The South Africa Industrial Sugar Market is expected to reach a 918.98 USD Million by 2032 and is projected to grow at a CAGR of 3.02% from 2025 to 2032.
Revenue, 2024 (USD Million)
773.63
Forecast, 2032 (USD Million)
918.98
CAGR, 2024 - 2032
3.02%
Report Coverage
South Africa
South Africa Industrial Sugar Market 2018-2032 USD Million
South Africa Industrial Sugar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 773.63 USD Million
- Projected Market Size (2032): 918.98 USD Million
- CAGR (2025-2032): 3.02%
Key Findings of South Africa Industrial Sugar Market
- The South Africa Industrial Sugar Market was valued at 773.63 USD Million in 2024.
- The South Africa Industrial Sugar Market is likely to grow at a CAGR of 3.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cane in Source Segment accounted for the largest share of the market with a revenue of 567.18 USD Million
- The fastest growing segment Sacks in Packaging Type Segment grew Fastest with a CAGR of 3.83% during the forecast period from 2024 to 2032.
South Africa Industrial Sugar Market Scope
South Africa Industrial Sugar Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Dietary Supplements
- Pharmaceutical
- Food & Beverages
Type
- Icing Sugar
- Brown Sugar
- Liquid Sugar
- White Sugar
Packaging Type
- Others
- Tote Bags
- Box
- Bag
- Sacks
Form
- Powdered
- Syrup
- Granulated
Source
- Beet
- Cane
South Africa Industrial Sugar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 773.63 USD Million |
| Market Value in 2032 | 918.98 USD Million |
| CAGR (2025-2032) | 3.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Type,Packaging Type,Form,Source |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 773.63 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 773.63 USD Million in 2024.
Segments and Scope
-
South Africa Industrial Sugar Market to 2032, By Distribution Channel
- Direct is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 490.10 USD Million in the year 2024.
- Direct is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.19 % in forecast period 2025-2032.
-
South Africa Industrial Sugar Market to 2032, By Application
- Food & Beverages is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 386.72 USD Million in the year 2024.
- Food & Beverages is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.42 % in forecast period 2025-2032.
-
South Africa Industrial Sugar Market to 2032, By Type
- White Sugar is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 527.38 USD Million in the year 2024.
- White Sugar is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.29 % in forecast period 2025-2032.
-
South Africa Industrial Sugar Market to 2032, By Packaging Type
- Sacks is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 275.84 USD Million in the year 2024.
- Sacks is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.83 % in forecast period 2025-2032.
-
South Africa Industrial Sugar Market to 2032, By Form
- Granulated is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 396.39 USD Million in the year 2024.
- Granulated is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.51 % in forecast period 2025-2032.
-
South Africa Industrial Sugar Market to 2032, By Source
- Cane is the largest segment in South Africa Industrial Sugar Market to 2032 with a revenue of 567.18 USD Million in the year 2024.
- Cane is the Fastest growing segment in South Africa Industrial Sugar Market to 2032 with a Growth rate of 3.23 % in forecast period 2025-2032.
South Africa Industrial Sugar Market Company Share Analysis
| Company Name |
|
||
| Südzucker AG | |||
| Associated British Foods plc | |||
| Bajaj Hindusthan Sugar Ltd. | |||
| Mitr Phol Group | |||
| Lantic Inc. | |||
South Africa Industrial Sugar Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Industrial Sugar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Type,Packaging Type,Form,Source.
South Africa Industrial Sugar Market was valued at USD 773.63(Revenue in USD Million) in 2021.
South Africa Industrial Sugar Market is projected to grow at a CAGR of 3.02% during the forecast period of 2024 to 2032.
The Cane segment is expected to dominate the South Africa Industrial Sugar Market, holding a largest market share of 567.18 USD Million in 2024
South Africa Industrial Sugar Market Scope
South Africa Industrial Sugar Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Dietary Supplements
- Pharmaceutical
- Food & Beverages
Type
- Icing Sugar
- Brown Sugar
- Liquid Sugar
- White Sugar
Packaging Type
- Others
- Tote Bags
- Box
- Bag
- Sacks
Form
- Powdered
- Syrup
- Granulated
Source
- Beet
- Cane
Frequently Asked Questions
The South Africa Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Type,Packaging Type,Form,Source.
South Africa Industrial Sugar Market was valued at USD 773.63(Revenue in USD Million) in 2021.
South Africa Industrial Sugar Market is projected to grow at a CAGR of 3.02% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Industrial Sugar Market for final year is USD 918.98 (USD Million).
South Africa Industrial Sugar Market Company Profiling
Frequently Asked Questions
The South Africa Industrial Sugar Market is segmented based on Segmentation Distribution Channel,Application,Type,Packaging Type,Form,Source.
South Africa Industrial Sugar Market was valued at USD 773.63(Revenue in USD Million) in 2021.
South Africa Industrial Sugar Market is projected to grow at a CAGR of 3.02% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Industrial Sugar Market for final year is USD 918.98 (USD Million).
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