Malaysia Sugar Market - Forecasts from 2025 to 2030
Description
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.
Reasons for buying this report:
Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
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
Online
Offline
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.
Reasons for buying this report:
Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
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
Online
Offline
Table of Contents
70 Pages
- 1. INTRODUCTION
- 1.1. Market Overview
- 1.2. Market Definition
- 1.3. Scope of the Study
- 1.4. Market Segmentation
- 1.5. Currency
- 1.6. Assumptions
- 1.7. Base and Forecast Years Timeline
- 1.8. Key benefits for the stakeholders
- 2. RESEARCH METHODOLOGY
- 2.1. Research Design
- 2.2. Research Process
- 3. EXECUTIVE SUMMARY
- 3.1. Key Findings
- 4. MARKET DYNAMICS
- 4.1. Market Drivers
- 4.2. Market Restraints
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers
- 4.3.2. Bargaining Power of Buyers
- 4.3.3. Threat of New Entrants
- 4.3.4. Threat of Substitutes
- 4.3.5. Competitive Rivalry in the Industry
- 4.4. Industry Value Chain Analysis
- 4.5. Analyst View
- 5. MALAYSIA SUGAR MARKET BY FORM
- 5.1. Introduction
- 5.2. Granulated
- 5.3. Powder
- 5.4. Syrup
- 6. MALAYSIA SUGAR MARKET BY SOURCE
- 6.1. Introduction
- 6.2. Cane Sugar
- 6.3. Beet Sugar
- 7. MALAYSIA SUGAR MARKET BY USE
- 7.1. Introduction
- 7.2. Food & Beverages
- 7.3. Pharmaceutical
- 7.4. Industrial
- 8. MALAYSIA SUGAR MARKET BY DISTRIBUTION CHANNEL
- 8.1. Introduction
- 8.2. Online
- 8.3. Offline
- 9. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 9.1. Major Players and Strategy Analysis
- 9.2. Market Share Analysis
- 9.3. Mergers, Acquisitions, Agreements, and Collaborations
- 9.4. Competitive Dashboard
- 10. COMPANY PROFILES
- 10.1. Central Sugars Refinery Sdn. Bhd.
- 10.2. MSM Malaysia Holdings Berhad
- 10.3. Wilmar International Ltd
- 10.4. Cargill Inc.
- 10.5. Louis Dreyfus Company
- 10.6. Bolido Food Malaysia Sdn Bhd
- 10.7. Asfara Globa
- 10.8. Interflon Trading LLC
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