Mexico Sugar Market Report and Forecast 2025-2034
Description
The Mexico sugar market reached approximately 4.57 Million Tons in 2024. The market is projected to grow at a CAGR of 1.00% between 2025 and 2034, reaching a volume of around 5.05 Million Tons by 2034.
Mexico Sugar Market Growth
The rising implementation of sustainable farming practices in sugarcane production, growing demand for organic sugar, and rising demand for ethically sourced food products such as sugar are some of the prominent market drivers. Growing consumer concerns regarding labour conditions and environmental impact associated with sugar production have resulted in high demand for fair trade certified goods.
Numerous consumers are readily choosing organic sugar as a means to stay clear of these chemicals, which can be harmful to their health. This corresponds with the rising health trends, where consumers are conscious of their dietary decisions and the potential adverse health consequences associated with consuming chemically treated foods.
The sugar sector in Mexico, similar to numerous agricultural sectors worldwide, is readily integrating high-end technologies to boost productivity and efficiency. These advancements play a vital role in optimising resource utilisation, enhancing crop yields, and effectively managing agricultural inputs.
Mexico Sugar Industry Segmentation
“Mexico 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
Market Breakup by Region:
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Mexico Sugar Market Share
Based on form, the market is divided into granulated, powdered, and syrup. Granulated sugar accounts for a major market share as it is highly versatile and can be utilised in a wide range of culinary uses, ranging from baking and cooking to enhancing the sweetness of beverages. Its finely granulated crystals effortlessly dissolve, making it the favoured option for household and commercial use.
Leading Companies in the Mexico Sugar Market
The market players are increasing their offerings of sustainably produced sugar to meet the evolving regulatory landscape.
Cargill Inc.
Beta San Miguel (BSM)
ZUCARMEX S.A. DE C.V.
Wilmar International Ltd.
COFCO Corporation
Associated British Foods Plc (ABF Sugar)
Promotora Industrial Azucarera, S.A. de C.V.
Louis Dreyfus Company B.V.
Others
Mexico Sugar Market Growth
The rising implementation of sustainable farming practices in sugarcane production, growing demand for organic sugar, and rising demand for ethically sourced food products such as sugar are some of the prominent market drivers. Growing consumer concerns regarding labour conditions and environmental impact associated with sugar production have resulted in high demand for fair trade certified goods.
Numerous consumers are readily choosing organic sugar as a means to stay clear of these chemicals, which can be harmful to their health. This corresponds with the rising health trends, where consumers are conscious of their dietary decisions and the potential adverse health consequences associated with consuming chemically treated foods.
The sugar sector in Mexico, similar to numerous agricultural sectors worldwide, is readily integrating high-end technologies to boost productivity and efficiency. These advancements play a vital role in optimising resource utilisation, enhancing crop yields, and effectively managing agricultural inputs.
Mexico Sugar Industry Segmentation
“Mexico 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
Market Breakup by Region:
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Mexico Sugar Market Share
Based on form, the market is divided into granulated, powdered, and syrup. Granulated sugar accounts for a major market share as it is highly versatile and can be utilised in a wide range of culinary uses, ranging from baking and cooking to enhancing the sweetness of beverages. Its finely granulated crystals effortlessly dissolve, making it the favoured option for household and commercial use.
Leading Companies in the Mexico Sugar Market
The market players are increasing their offerings of sustainably produced sugar to meet the evolving regulatory landscape.
Cargill Inc.
Beta San Miguel (BSM)
ZUCARMEX S.A. DE C.V.
Wilmar International Ltd.
COFCO Corporation
Associated British Foods Plc (ABF Sugar)
Promotora Industrial Azucarera, S.A. de C.V.
Louis Dreyfus Company B.V.
Others
Table of Contents
122 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 Mexico Sugar Market Overview
- 6.1 Key Industry Highlights
- 6.2 Mexico Sugar Historical Market (2018-2024)
- 6.3 Mexico Sugar Market Forecast (2025-2034)
- 7 Mexico 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 Mexico 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 Mexico 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 Mexico 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 Mexico Sugar Market by Region
- 11.1 Baja California
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Northern Mexico
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 The Bajío
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Central Mexico
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Pacific Coast
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Yucatan Peninsula
- 11.6.1 Historical Trend (2018-2024)
- 11.6.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyers Powers
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Value Chain Analysis
- 14 Trade Data Analysis (HS Code – 171)
- 14.1 Major Exporting Countries
- 14.1.1 By Value
- 14.1.2 By Volume
- 14.2 Major Importing Countries
- 14.2.1 By Value
- 14.2.2 By Volume
- 15 Price Analysis
- 16 Competitive Landscape
- 16.1 Supplier Selection
- 16.2 Key Global Players
- 16.3 Key Regional Players
- 16.4 Key Player Strategies
- 16.5 Company Profiles
- 16.5.1 Cargill Inc.
- 16.5.1.1 Company Overview
- 16.5.1.2 Product Portfolio
- 16.5.1.3 Demographic Reach and Achievements
- 16.5.1.4 Certifications
- 16.5.2 Beta San Miguel (BSM)
- 16.5.2.1 Company Overview
- 16.5.2.2 Product Portfolio
- 16.5.2.3 Demographic Reach and Achievements
- 16.5.2.4 Certifications
- 16.5.3 ZUCARMEX S.A. DE C.V. https://zucarmex.com/en/
- 16.5.3.1 Company Overview
- 16.5.3.2 Product Portfolio
- 16.5.3.3 Demographic Reach and Achievements
- 16.5.3.4 Certifications
- 16.5.4 Wilmar International Ltd.
- 16.5.4.1 Company Overview
- 16.5.4.2 Product Portfolio
- 16.5.4.3 Demographic Reach and Achievements
- 16.5.4.4 Certifications
- 16.5.5 COFCO Corporation
- 16.5.5.1 Company Overview
- 16.5.5.2 Product Portfolio
- 16.5.5.3 Demographic Reach and Achievements
- 16.5.5.4 Certifications
- 16.5.6 Associated British Foods Plc (ABF Sugar)
- 16.5.6.1 Company Overview
- 16.5.6.2 Product Portfolio
- 16.5.6.3 Demographic Reach and Achievements
- 16.5.6.4 Certifications
- 16.5.7 Promotora Industrial Azucarera, S.A. de C.V.
- 16.5.7.1 Company Overview
- 16.5.7.2 Product Portfolio
- 16.5.7.3 Demographic Reach and Achievements
- 16.5.7.4 Certifications
- 16.5.8 Louis Dreyfus Company B.V.
- 16.5.8.1 Company Overview
- 16.5.8.2 Product Portfolio
- 16.5.8.3 Demographic Reach and Achievements
- 16.5.8.4 Certifications
- 16.5.9 Others
Pricing
Currency Rates
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