Top 15 Companies Making a Mark in the Global Sugar Market

Cosan S.A., AB Sugar, Südzucker AG, Nordzucker AG, COFCO International, Tereos Group, Mitr Phol Group., Dalmia Bharat Sugar and Industries Limited, Louis Dreyfus Company, Wilmar International Ltd, The Savola Group, E.I.D. – Parry (India) Limited, LLC Rusagro Group of Companies., THAI ROONG RUANG SUGAR GROUP, and Cargill, Incorporated., are the key players in the global market for sugar.

As per the analysis by Expert Market Research, the global sugar market is expected to grow at CAGR of 1% in the forecast period of 2023-2028, owing to the rising purchasing power of consumers.

A sweet, crystalline material made from sugar cane and sugar beet is referred to as sugar. It has countless applications in both food and non-food industries. In the food sector, sugar has a number of important purposes in addition to providing a sweet taste. It serves as a preserver and stops the growth of bacteria. Additionally, it is used to stop the growth of huge ice crystals in frozen products like ice cream.

Improving standards of living and rising purchasing power in emerging economies, which frequently results in greater consumption of processed goods like dairy and soft drinks, among others, which have high sugar content, are driving the sugar market. The global food and beverage industry is largely resistant to any declines brought on by changes in the economy. As a result, over the past few years, the sector has consistently grown. Currently, the food and beverage industry plays a significant role in driving sugar consumption and is anticipated to benefit the sugar industry. 

Additionally, it is projected that long-term market expansion will persist. In the pharmaceutical and cosmetics industries, sugar has several uses. In the pharmaceutical industry, it is used to make antibiotics and cough syrups, while in the cosmetics industry, sugar is utilised to make scrubs because of its exfoliating characteristics. This is helping the global sugar market expand.

On a regional level, Asia Pacific consumes the most sugar, while Latin America is the largest producer.

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Top 15 Global Sugar Companies:

Cosan S.A.

A Brazilian corporation with a focus on oil marketing is Cosan SA, formerly known as Cosan SA Industria e Comercio. The company's Raizen Energia business section cogenerates energy from sugarcane bagasse and produces and distributes sugarcane derivatives such raw sugar and hydrated ethanol.

AB Sugar

One of the top sugar companies in the world, AB Sugar employs about 32,000 people and runs 27 facilities across ten countries. Each year, it produces about 4.5 million tonnes of sugar. In addition to producing a wide range of products, AB Sugar uses every sugar cane stick and sugar beet root in the sugar manufacturing operations.

Südzucker AG

The largest variety of standardised and customised sugar specialty solutions on a completely natural basis is offered by Südzucker to the processing sector in Europe. This includes a wide range of sugar specialties in addition to high-quality industry sugar products (EU2, EU1, crystalline, and liquid sugars). Some examples include regionally grown and sourced organic beet sugar from Germany, a large selection of customisable fondant specialties, and high-quality sucrose-based excipients for the pharmaceutical industry. 

Nordzucker AG

One of the top producers of sugar from beet and cane is Nordzucker. From the numerous sugar plants that farmers in northern Germany built, Nordzucker has grown into a powerful and contemporary international business that plays a crucial role in society: providing people with sugar.

COFCO International

Global agribusiness COFCO International is dedicated to being a leader in the world's supply chains for grains, oilseeds, and sugar. It has a clear goal, strong principles, and a good culture. The global portfolio, with 11,000+ employees in 35 nations, consists of assets in the Americas, Europe, Africa, the Middle East, and Asia Pacific.

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Tereos Group

Tereos is the second-largest producer of sugar in the world, ranking first in France and second in Brazil. More than 22,000 people work for the company, which develops sustainable and high-quality food products and provides the best plant-based raw materials to a developing world by turning agricultural raw materials such as beet, cane, and cereals into sugar, alcohol, and starch.

Mitr Phol Group.

Thailand's Mitr Phol is a fully integrated sugarcane enterprise that strives to be a global leader in bio-based products and sugar production. The company's diverse portfolio includes consumer goods, energy, ethanol, wood substitutes, fertiliser, feed, and ingredients for functional foods, as well as services. The company has operations in Thailand, China, Australia, Laos, and Indonesia and has made a significant mark on the local market.

Dalmia Bharat Sugar and Industries Limited

One of the top sugar producers in India is Dalmia Bharat Sugar and Industries Ltd. The company has five integrated plants with cutting-edge integrated production lines for branded sugar. With the introduction of Sanitizer, Sulphur-Free White Crystal Sugar, and Natural Brown Sugar in the retail market, it is extending its reach from the B2B to the B2C segment. The company intends to roll out other sugar varieties in the future, including Icing Sugar and Gur in addition to its other staple FMCG products.

Louis Dreyfus Company

One of the top producers and retailers of agricultural products is the Louis Dreyfus Company. Sugar, grains and oilseeds, cotton, carbon solutions, rice, coffee, juice, and freight, are part of its expanded business that dates back to 1851. Through product sourcing, processing, and transportation, the corporation contributes to the annual feeding and clothing of about 500 million people. The Louis Dreyfus Company is operating in more than 100 countries and has a workforce of about 17,000 employees worldwide. It is organised as a matrix organisation with six geographical zones and eight platforms.

Wilmar International Ltd

Wilmar International Limited, which was founded in 1991 and has its headquarters in Singapore, is currently a leading agribusiness organisation in Asia. Wilmar's business strategy is based on an integrated agribusiness model, which encompasses the production of animal feeds, cultivation and milling of sugarcane and palm oil, and industrial agri-products like oleochemicals and biodiesel. It also includes the processing, distribution, and branding of a wide range of edible food products in consumer, medium, and bulk packaging.

The Savola Group

With a portfolio of top brands in the food and retail industries, Savola is one of the top strategic investment holding firms in the Middle East and North Africa region. The company runs the biggest grocery store network in Saudi Arabia and provides consumers in more than 50 different countries with basic household goods such edible oil, sugar, pasta, bakery goods, and frozen meals.

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E.I.D. – Parry (India) Limited

E.I.D. – Parry (India) Limited is one of the oldest sugar factories in India and is located at a well-known sugar factory in south India. The company is proud to have established India's first sugar plant in Nellikuppam in 1842, and it still forges ahead in each of its operations today. E.I.D. Parry's 9 sugar facilities are dispersed throughout south India and are some of the top producers of sugar in India.

LLC Rusagro Group of Companies.

The largest agricultural holding firm in Russia with vertical integration is the Rusagro Group. In terms of producing sugar, pigs, crops, oils, and fats, it currently dominates the market. Rusagro Group diversifies its business on a regional basis with the location of its primary assets in Russia's Belgorod, Tambov, Sverdlovsk, Saratov, Samara, Kursk, Voronezh, and Orel areas, as well as Primorsky Krai.

THAI ROONG RUANG SUGAR GROUP

Since the end of World War II, the Thai Roong Ruang Group of Companies (TRR Group) has been involved in the sugar business. The TRR Group has consistently engaged in a range of commercial operations, such as research, invention, modification, and improvement, for the better efficiency of machinery and equipment in the production process, and consequently for higher sugar quality for its clients. The TRR Group is presently recognised as Thailand's top producer and exporter of sugar.

Cargill, Incorporated.

Agriculture-related products are offered by Cargill, Inc. In addition to producing grains and oilseeds, the company also offers risk management strategies, farmer services, animal nutrition, biofuels, meat and poultry, cuisine, and industrial goods. One of the top American marketers of sugar is Cargill. Granulated sugar, refined sugar, and liquid sucrose are all offered to meet the market’s sugar needs.