Sugar Beet Market Size and Share

Sugar Beet Market Summary
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Sugar Beet Market Analysis by Mordor Intelligence

The sugar beet market size stands at USD 51 billion in 2025 and is forecast to reach USD 58 billion by 2030, reflecting a steady 2.6% CAGR over the period. Demand growth now centers on extracting greater value from existing acreage rather than expanding cropland, as processors deploy precision agriculture and advanced seed technologies to raise sucrose recovery rates[1]Source: European Commission, “A Vision for Agriculture and Food,” Europa.eu . Europe retains its leadership position by combining modern mechanization with temperate climate advantages, while Asia-Pacific registers the fastest production gains owing to India’s push for water-efficient beet alternatives to cane. Rising demand from confectionery manufacturers, expanding biofuel mandates, and broader sustainability goals further underpin sugar beet market expansion[2]Source: U.S. Department of Agriculture, “Canada Biofuels Annual,” USDA.gov . Competitive pressure from duty-free Ukrainian imports, however, is eroding EU producer margins and hastening a pivot toward higher-value product lines.

Key Report Takeaways

  • By geography, Europe accounted for 50.1% of the 2024 production in the sugar beet market share, while Asia-Pacific recorded the highest forecast growth at 4.9% CAGR to 2030.
  • By consumption, Europe held 48.4% of global demand in 2024; Asia-Pacific is projected to increase consumption at a 5.2% CAGR through 2030, the fastest among all regions.
  • By trade, Europe captured 53.2% of 2024 export flows, contributing significantly to the global sugar beet market size, whereas South America is set to register a 5.7% export CAGR from 2025 to 2030.

Geography Analysis

Europe continues to anchor the sugar beet market with 50.1% share in 2024, yet growth moderates to 1.7% CAGR as acreage stabilizes and environmental regulations tighten. Plant disease pressure intensified in 2024, with Sugar Beet Root Rot outbreaks cutting yields in parts of Germany and Poland. Processors respond by accelerating biocontrol research and development and lobbying for targeted pesticide derogations. Investments such as Tereos’s EUR 800 million (USD 880 million) decarbonization roadmap underscore the sector’s commitment to climate goals.

Asia-Pacific offers the most dynamic momentum at 4.9% CAGR. In India, two-thirds of districts face drought risk that challenges cane, making tropical beet varieties attractive for double-cropping systems and ethanol diversification. China’s northern provinces operate at yields near 19 metric tons per hectare versus global leaders above 70 metric tons, leaving a wide technology adoption runway. Rising urban demand and supportive policy frameworks are expected to raise regional beet acreage through 2030.

North America advances steadily at 2.1% CAGR. Cooperative models ensure alignment between growers and processors, and satellite imagery partnerships enable near real-time crop monitoring across thousands of farms. The 2024 campaign achieved record yields of 32.2 metric tons per acre in the Red River Valley, though plant closures, such as the California Spreckels site, highlight regional cost disparities. Canada’s clean fuel standard adds incremental demand for beet-based ethanol, while water-use constraints in western states drive adoption of drip irrigation and drought-resistant genetics.

Sugar Beet Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Recent Industry Developments

  • July 2025: Southern Minnesota Beet Sugar Cooperative, based in the United States, began decommissioning its Spreckels Sugar facility in California after sustained losses despite USD 100 million in upgrades.
  • January 2025: Südzucker launched a multistakeholder initiative to combat Sugar Beet Root disease in European fields.
  • October 2024: Planet Labs and SatAgro signed a contract with American Crystal Sugar Company for advanced satellite-based crop monitoring.

Table of Contents for Sugar Beet Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government biofuel blending mandates
    • 4.2.2 Expanding global demand for confectionery sugar
    • 4.2.3 Adoption of high-yield hybrid and GMO beet seeds
    • 4.2.4 Direct cultivation subsidies in the European Union
    • 4.2.5 Rising use of beet pulp in high-fiber animal feed
    • 4.2.6 Proliferation of micro-ethanol distilleries using beet feedstock
  • 4.3 Market Restraints
    • 4.3.1 Competition from lower-cost sugarcane
    • 4.3.2 Volatile global sugar price cycles
    • 4.3.3 Shrinking skilled farm labor in core European regions
    • 4.3.4 Stricter water-use regulations in semi-arid beet belts
  • 4.4 Supply/Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 PESTLE Analysis

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.2.2 Mexico
    • 5.1.3 Europe
    • 5.1.3.1 Russia
    • 5.1.3.2 France
    • 5.1.3.3 Germany
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 China
    • 5.1.4.2 India
    • 5.1.5 Middle East
    • 5.1.5.1 Turkey
    • 5.1.5.2 Saudi Arabia
    • 5.1.6 Africa
    • 5.1.6.1 Egypt
    • 5.1.6.2 South Africa

6. Competitive Landscape

  • 6.1 Company Profiles (List of Stakeholders)
    • 6.1.1 Südzucker AG
    • 6.1.2 Tereos SCA
    • 6.1.3 Nordzucker AG
    • 6.1.4 British Sugar plc (ABF)
    • 6.1.5 Cosun Beet Company B.V.
    • 6.1.6 American Crystal Sugar Company
    • 6.1.7 Michigan Sugar Company
    • 6.1.8 Cristal Union SCA
    • 6.1.9 Raízen (Cosan & Shell JV)
    • 6.1.10 Sucden
    • 6.1.11 Louis Dreyfus Company (LDC)
    • 6.1.12 COFCO International
    • 6.1.13 ED&F Man Commodities
    • 6.1.14 Cargill Incorporated
    • 6.1.15 Wilmar International Ltd.

7. Market Opportunities and Future Outlook

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Sugar Beet Market Report Scope

By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
North America United States
Canada
South America Brazil
Mexico
Europe Russia
France
Germany
Asia-Pacific China
India
Middle East Turkey
Saudi Arabia
Africa Egypt
South Africa
By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis) North America United States
Canada
South America Brazil
Mexico
Europe Russia
France
Germany
Asia-Pacific China
India
Middle East Turkey
Saudi Arabia
Africa Egypt
South Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the sugar beet market?

The sugar beet market size is USD 51 billion in 2025.

How fast is the sugar beet market expected to grow?

It is projected to expand at a 2.6% CAGR, reaching USD 58 billion by 2030.

Which region dominates sugar beet production?

Europe holds 50.1% of global output, benefiting from advanced mechanization and supportive policy frameworks.

Why are biofuel mandates important for sugar beet demand?

Mandates in the United States, Canada, and India provide a stable outlet for beet-based ethanol, creating a floor under prices during periods of weak food sugar demand.

Why are biofuel mandates important for sugar beet demand?

Mandates in the United States, Canada, and India provide a stable outlet for beet-based ethanol, creating a floor under prices during periods of weak food sugar demand.

Who are the leading companies in the sugar beet sector?

Südzucker AG, Tereos, and Nordzucker AG are the top three processors, together accounting for just under 17% of total global production.

What technological advances are boosting sugar beet yields?

High-yield GMO seeds, drone-based phenotyping, and precision harvesters with dynamic chain management are raising sucrose recovery and lowering production costs.

Page last updated on: