Malaysia Sugar Market - Forecasts from 2025 to 2030

The Malaysia sugar market is predicted to expand at a CAGR of 0.92% to account for US$1,024.785 Million by 2030 from US$978.998 Million in 2025.
Sugar is a key component of food and is used across multiple industries worldwide. It offers multiple applications in industries like food & beverage, and pharmaceuticals, where it is used as a sweetener, preservative, fermentation substance, flavoring, and coloring agent, among others. Sugar is generally obtained from sucrose, which is mainly concentrated in sugarcane plants or sugar beets.
The growth of the nation’s population is among the major driving forces propelling the Malaysian sugar market forward. Sugar is among the most consumed food products globally, either raw or in many other forms. With the rise of the nation’s population, the consumption of sugar across multiple industries is forecasted to increase.
The Department of Statistics Malaysia, in its total population, reports that in 2024, the total population of the nation was recorded at 34.1 million. The population of the nation has grown significantly over the past few years. In 2021, this figure was recorded at about 32.6 million, which grew to 32.7 million in 2022 and 33.4 million in 2023.
Malaysia sugar market drivers

Increasing consumption of Sugar
One of the major driving factors propelling the Malaysian sugar market is the growing demand for sugar across multiple industries in the nation. The increasing population of the nation also propels the human consumption of sugar.
The Foreign Agriculture Service of the US Department of Agriculture, in its report, stated that the consumption of sugar grew massively in the nation. The agency stated that in 2021-22, a total of 1,675 thousand metric tons of sugar was consumed in the nation, which expanded to 1,889 thousand metric tons in 2022-23. The total sugar consumed in Malaysia in the 2023-24 financial year was recorded at 2,000 thousand metric tons by the agency.

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Report Coverage:

Historical data & forecasts from 2022 to 2030

Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis

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Revenue Growth and Forecast Assessment of segments and regions including countries

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The Malaysia sugar market is segmented and analyzed as below:

By Form

Granulated
Powder
Syrup

By Source

Cane Sugar
Beet Sugar

By Use

Food & Beverages
Pharmaceutical
Industrial

By Distribution Channel

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