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India Sugar Market Projected to Reach 36.98 Million Tons by 2030 | Insights and Analysis
India Sugar Market Overview, Trends, Size and Forecast: 2025-2030
The India Sugar Market size was valued at around 30.87 million tons in 2024 and is projected to reach 36.98 million tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.68% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The India Sugar Market is significantly growing due to several growth factors, including the world’s largest sugarcane production in India, the rising customer demand, active government support by drafting various export policies, and the adoption of advanced farming practices etc. One of the major growth factors is the rising inclination of production companies to manufacture branded and premium quality sugar instead of just focusing on plain sugar, which is sold in bulk. This rapid shift is due to the growing concerns regarding healthy diets of the customers, who are preferring for organic sugar, with low values of glycemic index.
Additionally, the Indian government has implemented different regulations, including export policies, in which the extra and surplus sugar is exported to other countries to generate higher revenues. Also, the ethanol blending initiative started by the government is offering lucrative growth opportunities for the sugar mills to grow significantly, thus augmenting the market size & volume.
Moreover, the widespread acceptance of advanced technological processes in the farming and harvesting of sugarcane and in the refineries is actively gaining traction in this market, as these techniques are highly automated and have increased the production yield in short durations and reduced costs. Furthermore, among different varieties of sugar produced in India, white crystal sugar is the leading category. This is due to its wide range of applications in both commercial and non-commercial sectors. However, the high price volatility and high input costs due to climatic conditions are hindering the growth & development of the sugar industry, further states the research report, “India Sugar Market Analysis, 2025.”
India Sugar Market Segmentation Insights:
White Crystal Sugar is the Most Preferred Product Type
Based on the product type, the market is further segmented into White Crystal Sugar, Brown Sugar, Organic Sugar, Conventional Sugar, Liquid Syrup, Refined Sugar, and Raw Sugar. Out of these, the white crystal sugar is the highly demanded sugar type, which holds the largest market share of more than 85%. This is leading due to the high usage of this type of sugar both commercially and non-commercially, including homes, shops, restaurants, confectionery, bakery, dairy, etc. This sugar is in high demand, affordable, and has a longer shelf life as compared to other product types. For instance, out of the total sugar production in India, a major portion is white sugar, which is produced in millions of metric tons annually, thus showing its dominance in this segment.
Additionally, the segmental revenue growth is driven by the efforts of the Indian government, which is delivering basic and essential grocery food items by providing subsidies on the food products, including white crystal sugar. Policies like Antyodaya Anna Yojana (AAY) Sugar Subsidy offer low-priced sugar at affordable budgets, especially to the poorest families in the country. Similarly, as per the National Food Security Act, sugar is one of the main commodities that is distributed via fair price shops, thus contributing to the dominance of this product type in the sugar market.
Beverage Industry Holding the Largest Market Share
The beverage industry is generating maximum market demand, and this industry holds around 60% share of the entire market value. The market growth is accelerating due to the high demand for sugar by the beverage industry to produce various kinds of drinks, including energy drinks, juices, flavored milks, soft drinks, and organic beverages etc. These drinks require several thousand tons of sugar to produce a substantial amount of drinks in the country.
Many branded major beverage companies, such as Parle Agro (Frooti), Varun Beverage, etc., are augmenting the market share of the beverage industry in the sugar industry. For instance, the Parle Agro Beverage company produces about 1 billion packs of Frooti (250 liters each), which requires a huge amount of sugar. Similarly, Varun Beverages utilizes several thousand tons of sugar annually, thus contributing to the supremacy of the beverages sector.
Top Companies in the India Sugar Market
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading India Sugar Market companies, including Balrampur Chini Mills, Triveni Engineering & Industries, Dhampur Sugar Mills, Dalmia Bharat Sugar and Industries, Bajaj Hindusthan Sugar, Shree Renuka Sugars, EID Parry, Dwarikesh Sugar Industries, Bannari Amman Sugars, and others are looking forward to increase their market size & share.
Key Questions Answered in the Research Report
- What is the scope, size, value, and forecast of the India Sugar Market?
- What is the volume and share of each segment in the India Sugar Market?
- What are the key trends shaping the India Sugar Market from 2025 to 2030?
- What growth factors and risks impact the India Sugar Market?
- What are the main challenges faced by players in the India Sugar Market?
- What are the top opportunities in the India Sugar Market?
- What does competitive analysis reveal about the India Sugar Market landscape?
- Who are the key players and companies leading the India Sugar Market?
- What innovations are transforming the future dynamics of the India Sugar Market?
- How are partnerships and collaborations driving the India Sugar Market growth?
- How does the India Sugar Market differ based on geography and segments?
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