Colombia Sugar Market Report and Forecast 2025-2034

Colombia Sugar Market Size

The Colombia sugar market reached approximately 1.98 million tons in 2024. The market is projected to grow at a CAGR of 0.90% between 2025 and 2034, reaching a volume of around 2.16 million tons by 2034.

Colombia Sugar Market Outlook

• As per the industry report, the forecast for Colombian sugar production in 2024-25 is expected to be around 2.25 million metric tons.

• The Cauca River Valley, based in Colombia, is known as the most effective region for sugarcane production in South America.

• The sugar consumption in Colombia was expected to witness growth of 1.8 per cent in 2023-24.

Colombia Sugar Market Growth

The favourable climatic conditions of Colombia for sugarcane production, rising demand for sugar, and supportive government policies to support the sugar sector are some of the major market drivers. The Cauca River Valley, situated in the southwestern region of Colombia, offers a favourable climate characterised by warm temperatures and well-distributed rainfall all year round for the cultivation of sugarcane, facilitating multiple harvests annually.

The production of sugar products is experiencing a shift towards diversification in the country. This includes the rising production of both organic sugar and non-centrifugal sugar, also known as panela, which is unrefined and commonly utilised in households across Colombia.

The sugar market is also experiencing a boost in productivity due to advancements in agricultural technologies such as precision agriculture and genetically modified crops. These innovations are expected to enhance the yield and efficiency of sugarcane production, consequently boosting the growth of sugar.

Colombia Sugar Industry Segmentation

“Colombia Sugar Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• White

• Brown

• Liquid

Market Breakup by Form

• Granulated

• Powdered

• Syrup

Market Breakup by Source

• Sugar Beet

• Sugarcane

Market Breakup by End Use

• Food and Beverages

• Pharma and Personal Care

• Household

• Others

Colombia Sugar Market Share

Based on end use, the market is divided into food and beverages, pharma and personal care, and household, among others. The food and beverages sector accounts for a substantial market share as sugar plays a crucial role in a wide range of food and beverage items. It is heavily utilised in baking, preparation of confectioneries, and in drinks such as sodas, fruit juices, and traditional Colombian beverages.

Leading Companies in the Colombia Sugar Market

The market participants are expanding their product portfolio to include organic and speciality sugars.

• Cargill Inc.

• Manuelita S.A.

• Riopaila Castilla S.A

• INCAUCA S.A.

• Louis Dreyfus Company B.V.

• C.I. Fruticol Industrial S.A.S.

• Wilmar International Ltd.

• COFCO Corporation

• Associated British Foods Plc (ABF Sugar)

• Ingenio Carmelita S.A.S

• Others

Key Highlights of the Report