Brazil Cane Sugar Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Brazil's Cane Sugar Market is segmented by Form (Crystallized Sugar and Liquid Sugar); Application (Food and Beverage, Pharmaceuticals, Industry, and Other Applications). The report offers market size and forecasts in value (USD million) for all the above segments.

Brazil Cane Sugar Market Size

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Brazil Cane Sugar Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Market Volume (2024) 8.17 Million metric tons
Market Volume (2029) 9.49 Million metric tons
CAGR (2024 - 2029) 3.04 %
Market Concentration Low

Major Players

Brazil Cane Sugar Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Brazil Cane Sugar Market Analysis

The Brazil Cane Sugar Market size is estimated at 8.17 Million metric tons in 2024, and is expected to reach 9.49 Million metric tons by 2029, growing at a CAGR of 3.04% during the forecast period (2024-2029).

  • The sugarcane industry in Brazil is playing a leading role in the global market. Approximately 70% of Brazil's sugar production is exported, which accounts for 49% of global exports. More than 100 countries worldwide import Brazilian sweetener, which aids in the fight against malnutrition and provides a significant natural and easily available source of energy for consumers. According to UNICA (Portuguese: Uniào da Indústria de Cana-de-Açúcar), in 2022, the Brazilian Sugarcane Industry Association, the country's social, political, and economic history is all deeply rooted in the heritage of sugar.
  • Brazil is one of the world's most popular sugarcane producers and exports and imports sugar. Brazil contributes to about 23% of the world's production. The country has flexible production mills which can change their production level while processing. Attributed to the abundance of sugarcane and the properties of sugarcane being superior to beet sugar and offering better flavor and caramelization is supporting market demand. Further, Brazil is a part of the Global Alliance for Sugar Trade Reform and Liberalization, an organization that works to facilitate the ability of individuals to trade sugar internationally.
  • Manufacturers focus on new investments leading to technological innovations, thus supporting ethanol production as a clean alternative to 'fossil fuels.' Furthermore, the opportunities for organic and fair-trade cane sugar are also rising in the country. Consumers are increasingly interested in consuming healthy and natural products, paving the way for interesting opportunities for organic and ethically sourced products and their production by manufacturers.

Brazil Cane Sugar Market Trends

This section covers the major market trends shaping the Brazil Cane Sugar Market according to our research experts:

Large Production Base in the Country Supporting Demand Growth

  • As per the Organisation for Economic Cooperation and Development (OECD), Brazil is the world's largest sugar producer and is the main sugar exporter. The weak currency of Brazil favors a good level of sugar exports in Brazil. Also, sugarcane-based ethanol production is highly profitable in Brazil owing to low crude oil prices. Furthermore, the production of molasses, thick juice, or residue from milling cane is used for energy supply in the country.
  • According to UNICA (Portuguese: União da Indústria de Cana-de-Açúcar), the Brazilian Sugarcane Industry Association, Brazil produces six types of cane sugar products which include varieties such as raw sugar, refined icumsa 45, white crystal, organic sugar, VHP very high polarization (VHP) sugar and VVHP sugar (Very Very High Polarization). Further, In response to the technological revolution in sugarcane production, the RenovAço Project encouraged professional training for workers in six of the State of So Paulo's main sugarcane-producing regions.
  • The project was a collaboration between UNICA, the Federation of Salaried Rural Employees of the State of So Paulo (FERASEP), Solidaridad Foundation, and businesses involved in the production chain Syngenta, Case IH, Iveco, and FMC. The IDB (Inter-American Development Bank) provided financial support for the project.
  • According to Sugarcane.org, Brazil produces and exports the most sugar (41.5 million tonnes), with 32,13 million tonnes going overseas in the 2020-2021 period. This represents 49% of global exports and 23% of global production. Over the past few years, sugarcane cultivation has been key to improving the country's local economy.
  • As per the Organisation for Economic Cooperation and Development (OECD), Brazil is likely to remain the prime producer of sugarcane and produce 36% of the world's sugarcane by 2030. Over the last 35 years, the sugarcane sector of the country has grown tremendously, owing to outstanding technological progress enabled by new varieties, fertilizers, chemicals, mechanization, and different cropping practices. The growing demand from various application areas worldwide is anticipated to support the country's sugar production and consumption.
Brazil Cane Sugar Market : Sugarcane Crop Production, In Million Metric Tons, Brazil

Food and Beverage Industry is the Major Application Area in the Country

  • Cane sugar has multiple applications across different industries of food and beverage, pharmaceuticals, industrial, and other potential applications. Brazil's food and beverage industry is the country's primary application of cane sugar. The beverage industry of Brazil shows signs of recovery from the pandemic and offers a greater level of optimism, thus leading to increased use of cane sugar. 
  • Cane sugar is used at home, at bakeries, as syrups in bread making, as liquid sugar in confectionery items, etc. It is also used in baked custards and other desserts to produce desirable flavor-characterizing cooked foods such as cookies, bread, dumplings, etc. Therefore, the augmented consumption of beverages supports the market demand in Brazil and paves the way for opportunities for cane sugar manufacturers operating in the country.
  • Cane sugar, available in various forms, has wide applications in food industries, including baking and confectionery. Icing sugar is made from powdered sugar. Sugar syrups are added to drinks or serve as the foundation for fruit toppings, sauces, and flavored syrups. Additionally, sugars mask acidic and bitter flavors, such as tomato sauces, mayonnaise, and pharmaceutical syrups. Sugars greatly influence foods' bulk (volume) and texture (mouthfeel). For instance, sugars contribute to the cakes and cookies volume. The jelly texture of jams results from the mixture of sugar and a gelling ingredient (like pectin). 
  • Sugar traps air bubbles and raises the temperature at which starch gelatinizes in baked products, giving cakes a light texture. Sugars are also the foundation for yeast fermentation (e.g., in rising bread). Sugar has humectant properties (it binds water), which are crucial for food preservation and have an impact on texture. Additionally, sugars lower the freezing point, essential for making softer ice cream, and raise the boiling issue, which is necessary for making sweets. Brazil has significant demand for bakery and confectionery products, driving the market further.
Brazil Cane Sugar Market : Food Retail Industry Revenues, In BRL billion, Brazil, 2017-2021

Brazil Cane Sugar Industry Overview

The Brazil cane sugar market is a fragmented market, with the presence of various players. With a large production base in the country, the market also has the presence of different local players. Due to the strong presence of players and the lucrative market behavior, various global players are entering the market and building partnerships with the local players. The different players in the market are trying to improve their presence among consumers. The market is dominated by some of the key players like Tate & Lyle, Tereos SA, Louis Dreyfus Company, Agro Betel, and Cosan Limited, among others.

Brazil Cane Sugar Market Leaders

  1. Cosan Limited

  2. Tereos S.A.

  3. Louis Dreyfus Company

  4. Agro Betel

  5. Tate & Lyle

*Disclaimer: Major Players sorted in no particular order

Cosan Limited, Tereos S.A, Louis Dreyfus Company, Agro Betel, Tate & Lyle
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Brazil Cane Sugar Market News

  • September 2022: Tereos invested heavily in automation and digitization of operations to handle the different processes, improve agricultural monitoring, reduce costs, and enhance the procurement chain and relationship with suppliers. Major projects are in Brazil, and a key focus is laid on supply chain and procurement.
  • February 2022: Brazil developed the first sugarcane that is CRISPR modified. The two sugarcane types, Flex I and Flex II, offer different levels of cell wall digestibility and sucrose content in plant tissues. They address one of the industry's most pressing problems: improving enzyme accessibility to the sugars locked up in cells, which makes it easier to produce ethanol (first and second generation) and extract other bioproducts.
  • February 2021: Brazil's Raizen, the joint venture between Cosan SA and Royal Dutch Shell Plc, agreed to buy the sugar and ethanol unit controlled by Louis Dreyfus i.e. Biosev SA. The acquisition lays down the strategy to expand ethanol production.

Brazil Cane Sugar Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Crystallized Sugar

      2. 5.1.2 Liquid Sugar

    2. 5.2 By Application

      1. 5.2.1 Food and Beverage

      2. 5.2.2 Pharmaceuticals

      3. 5.2.3 Industrial

      4. 5.2.4 Other Applications

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cosan Limited

      2. 6.3.2 Copersucar

      3. 6.3.3 Sao Martinho SA

      4. 6.3.4 Tereos SA

      5. 6.3.5 Louis Dreyfus Company

      6. 6.3.6 Cevasa

      7. 6.3.7 Tate & Lyle PLC

      8. 6.3.8 DWL International Food Inc

      9. 6.3.9 Vjco- Brazil Commodities

      10. 6.3.10 Agro Betel

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Brazil Cane Sugar Industry Segmentation

Sugar derived from sugar cane is known as cane sugar. Cane sugar comes in many forms, including raw, refined, and unrefined. It can be filtered through charcoal to obtain pure white color. 

The Brazil cane sugar market is segmented, based on form, into crystallized sugar and liquid sugar. Based on application, the market is segmented into food and beverage, pharmaceutical, industrial, and other applications. 

The report offers market size and forecasts in value (USD million) for all the above segments.

By Type
Crystallized Sugar
Liquid Sugar
By Application
Food and Beverage
Pharmaceuticals
Industrial
Other Applications
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Brazil Cane Sugar Market Research FAQs

The Brazil Cane Sugar Market size is expected to reach 8.17 million metric tons in 2024 and grow at a CAGR of 3.04% to reach 9.49 million metric tons by 2029.

In 2024, the Brazil Cane Sugar Market size is expected to reach 8.17 million metric tons.

Cosan Limited, Tereos S.A., Louis Dreyfus Company, Agro Betel and Tate & Lyle are the major companies operating in the Brazil Cane Sugar Market.

In 2023, the Brazil Cane Sugar Market size was estimated at 7.93 million metric tons. The report covers the Brazil Cane Sugar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Cane Sugar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Brazil Cane Sugar Industry Report

Statistics for the 2024 Brazil Cane Sugar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Cane Sugar analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Brazil Cane Sugar Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)