Colombia Sugar Market Report and Forecast 2025-2034
Description
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 2.17 Million Tons by 2034.
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
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
Table of Contents
130 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Sugar Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Sugar Historical Market (2018-2024)
- 5.3 Latin America Sugar Market Forecast (2025-2034)
- 6 Colombia Sugar Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Sugar Historical Market (2018-2024)
- 6.3 Colombia Sugar Market Forecast (2025-2034)
- 7 Colombia Sugar Market by Type
- 7.1 White
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Brown
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Liquid
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Colombia Sugar Market by Form
- 8.1 Granulated
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Powdered
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Syrup
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Colombia Sugar Market by Source
- 9.1 Sugar Beet
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Sugarcane
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Colombia Sugar Market by End Use
- 10.1 Food and Beverages
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Pharma and Personal Care
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Household
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyers Powers
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Trade Data Analysis (HS Code – 171)
- 13.1 Major Exporting Countries
- 13.1.1 By Value
- 13.1.2 By Volume
- 13.2 Major Importing Countries
- 13.2.1 By Value
- 13.2.2 By Volume
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
- 15.5.1 Cargill Inc.
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 Manuelita S.A.
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 Riopaila Castilla S.A.
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 INCAUCA S.A.
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic Reach and Achievements
- 15.5.4.4 Certifications
- 15.5.5 Louis Dreyfus Company B.V.
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 C.I. Fruticol Industrial S.A.S.
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 Wilmar International Ltd.
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 COFCO Corporation
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 Associated British Foods Plc (ABF Sugar)
- 15.5.9.1 Company Overview
- 15.5.9.2 Product Portfolio
- 15.5.9.3 Demographic Reach and Achievements
- 15.5.9.4 Certifications
- 15.5.10 Ingenio Carmelita S.A.S
- 15.5.10.1 Company Overview
- 15.5.10.2 Product Portfolio
- 15.5.10.3 Demographic Reach and Achievements
- 15.5.10.4 Certifications
- 15.5.11 Others
Pricing
Currency Rates
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