Top 15 Sugar Companies & Manufacturers in the Worldwide 2026

The global sugar market reached 178.15 MMT in 2025 and is forecast to grow at a CAGR of 1.30% throughout 2026 to 2035, attaining 2026 to 2035. Sugar prices entered 2026 at multi-year lows, with ICE No.11 raw sugar trading 202.71 MMT by 2035., supported by global production surplus driven by record output from Brazil, India, and Thailand. The market outlook is increasingly being shaped by ethanol mix decisions in major producing countries, weather risks linked to El Nino, and rising demand for low-carbon and traceable sugar from food and beverage manufacturers.

A sweet, crystalline material made from sugar cane and sugar beet is referred to as sugar. It has countless applications in both food and non-food industries. In the food sector, sugar has a number of important purposes in addition to providing a sweet taste. It serves as a preserver and stops the growth of bacteria. Additionally, it is used to stop the growth of huge ice crystals in frozen products like ice cream.

Looking for Market Size, Pricing & Forecast:  Get Free Sample Report

Improving standards of living and rising purchasing power in emerging economies, which frequently results in greater consumption of processed goods like dairy and soft drinks, are driving the sugar market. The global food and beverage industry is largely resistant to any declines brought on by changes in the economy. As a result, over the past few years, the sector has consistently grown. Currently, the food and beverage industry plays a significant role in driving sugar consumption and is anticipated to benefit the sugar industry.

Additionally, it is projected that long-term market expansion will persist. In the pharmaceutical and cosmetics industries, sugar has several uses. In the pharmaceutical industry, it is used to make antibiotics and cough syrups, while in the cosmetics industry, sugar is utilised to make scrubs because of its exfoliating characteristics. This is helping the global sugar market expand.

 On a regional level, Asia Pacific consumes the most sugar, while Latin America is the largest producer.

Latest Updates on Top Sugar Companies and Manufacturers Worldwide 2026

In April 2026, India implemented its nationwide E20 petrol mandate, requiring petrol to be blended with up to 20% ethanol across the country. The mandate has created a structural revenue stream for sugar companies including Dalmia Bharat Sugar, E.I.D. Parry, Balrampur Chini Mills, and Shree Renuka Sugars, helping reduce dependence on volatile international sugar prices. Industry body ISMA has urged the government to outline a roadmap to extend ethanol blending beyond E20 to E27, with ethanol producers having collectively offered 17,760 million litres for ESY 2025-26 against an oil marketing company requirement of around 10,500 million litres.

In April 2026, Sudzucker AG announced preliminary figures for fiscal year 2025/26, reporting group revenues of EUR 8.4 Billion (down from EUR 9.7 Billion a year earlier) and EBITDA of EUR 535 Million (versus EUR 723 Million previously). The company recorded extraordinary impairment losses of EUR 470 Million reflecting the challenging market environment in the sugar segment, with the operating result totalling EUR 163 Million. Sudzucker confirmed its forecast for fiscal year 2026/27 with group revenues expected slightly below 2025/26 levels.

In February 2026, Tereos reported nine-month results for fiscal year 2025/26 with EBITDA of EUR 291 Million, down 57% Y-o-Y, reflecting the European sugar price reset where average B2B contract prices declined from EUR 860 per tonne in 2023 to EUR 530 per tonne in 2024. The cooperative recorded a goodwill impairment of EUR 499 Million primarily related to its Sugar Europe and Sugar Brazil operations. On 21 January 2026, Tereos issued a new EUR 300 Million bond loan maturing 2032 with a coupon of 8.125% to refinance existing notes due 2027.

In January 2026, Tereos announced its intention to divest its Andrade plant in Brazil, reorganising its sugarcane activities around five core mills. The move is designed to enable improved industrial, agricultural, and logistical optimisation, while strengthening the group’s capital structure and operational performance in the South-Central Brazilian sugar belt.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Top 15 Leading Sugar Companies Worldwide 2026: Industry Giants

1. Cosan S.A.

A Brazilian corporation with a focus on bioenergy and integrated agribusiness is Cosan S.A., formerly known as Cosan SA Industria e Comercio. The company’s Raizen Energia business section, a joint venture with Royal Dutch Shell, cogenerates energy from sugarcane bagasse and produces and distributes sugarcane derivatives such as raw sugar and hydrated ethanol. With an annual sugarcane crushing capacity of over 50 million tons, Cosan stands among the largest sugar and bioenergy enterprises globally. The group has diversified its operations across six divisions including a listed railroad company Rumo Logistica, a port terminal operator handling sugar exports, a farmland management business, lubricants production, gas utility services, and ethanol distribution. Backed by visionary leadership and a vertically integrated business model, Cosan continues to be a pivotal player in the global sugar and ethanol value chain.

2. AB Sugar

One of the top sugar companies in the world, AB Sugar employs about 32,000 people and runs 27 facilities across ten countries. Each year, it produces about 4.5 million tonnes of sugar. In addition to producing a wide range of products, AB Sugar uses every sugar cane stick and sugar beet root in the sugar manufacturing operations to deliver bioethanol, animal feed, electricity, and high-value specialty ingredients. The company is structured under five operating businesses including British Sugar in the United Kingdom, Azucarera in Spain, Vivergo Fuels, Illovo Sugar Africa, and AB Sugar China. The company has been investing in low-carbon agricultural practices, regenerative farming initiatives, and digital tools that help growers improve yields and reduce environmental footprint, reinforcing its leadership in sustainability across the global sugar value chain.

3. Südzucker AG

The largest variety of standardised and customised sugar specialty solutions on a completely natural basis is offered by Sudzucker to the processing sector in Europe. This includes a wide range of sugar specialties in addition to high-quality industry sugar products covering EU2, EU1, crystalline, and liquid sugars. Some examples include regionally grown and sourced organic beet sugar from Germany, a large selection of customisable fondant specialties, and high-quality sucrose-based excipients for the pharmaceutical industry. Beyond sugar, Sudzucker operates leading positions in special products through ingredients such as inulin and isomalt, in starch through its AGRANA subsidiary, and in bioethanol through CropEnergies. The group has navigated the recent downcycle in European sugar prices by aggressively reducing production costs, optimising plant footprint, and accelerating its decarbonisation roadmap.

4. Nordzucker AG

One of the top producers of sugar from beet and cane is Nordzucker. From the numerous sugar plants that farmers in northern Germany built, Nordzucker has grown into a powerful and contemporary international business that plays a crucial role in society of providing people with sugar. The company processes sugar beet into a wide range of products, including white sugar, liquid sugar, and specialty syrups for food, pharmaceutical, and industrial applications. Nordzucker plays a significant role in the global market through its export activities and technology licensing in sugar refining. In recent years the company has launched a carbon-labelled sugar product line certified by third-party auditors, aligning with European Union sustainability mandates and strengthening its position among eco-conscious food manufacturers, while expanding its bioethanol footprint in Denmark using beet molasses to support circular economy principles.

5. COFCO International

Global agribusiness COFCO International is dedicated to being a leader in the world’s supply chains for grains, oilseeds, and sugar. It has a clear goal, strong principles, and a good culture. The global portfolio, with over 11,000 employees in 35 nations, consists of assets in the Americas, Europe, Africa, the Middle East, and Asia Pacific. The company sources sugar primarily from Brazil and trades globally to serve food and beverage manufacturers, ethanol blenders, and industrial customers. COFCO International has been investing in agricultural traceability platforms, sustainability-linked financing, and integrated origin-to-destination logistics to address rising customer demand for transparent, low-carbon sugar supply chains

6. Tereos Group

Tereos is the second-largest producer of sugar in the world, ranking first in France and second in Brazil. Around 15,600 people work for the company, which develops sustainable and high-quality food products and provides the best plant-based raw materials to a developing world by turning agricultural raw materials such as beet, cane, and cereals into sugar, alcohol, and starch. The cooperative is a union of 10,300 cooperative members and operates 38 industrial plants across 14 countries. Tereos has been actively reorganising its industrial footprint to navigate the structural downcycle in European sugar prices, including the divestment announced in January 2026 of its Andrade plant in Brazil to consolidate its sugarcane operations around five core mills, alongside continued investment in starch capabilities at its Nesle facility in France.

7. Mitr Phol Group.

Thailand’s Mitr Phol is a fully integrated sugarcane enterprise that strives to be a global leader in bio-based products and sugar production. The company’s diverse portfolio includes consumer goods, energy, ethanol, wood substitutes, fertiliser, feed, and ingredients for functional foods, as well as services. The company has operations in Thailand, China, Australia, Laos, and Indonesia and has made a significant mark on the local market. As one of Asia’s largest sugar producers, Mitr Phol continues to expand its bio-based products portfolio and accelerate decarbonisation across its sugar mills, ethanol distilleries, and biomass power plants, supported by precision agriculture technologies and digital cane management systems deployed across its grower network.

8. Dalmia Bharat Sugar and Industries Limited

One of the top sugar producers in India is Dalmia Bharat Sugar and Industries Ltd. The company has five integrated plants with cutting-edge integrated production lines for branded sugar. With the introduction of Sanitizer, Sulphur-Free White Crystal Sugar, and Natural Brown Sugar in the retail market, it is extending its reach from the B2B to the B2C segment. The company intends to roll out other sugar varieties in the future, including Icing Sugar and Gur in addition to its other staple FMCG products. The Board has approved the installation of a 13 TPD Compressed Bio Gas project at the Kolhapur plant with expected commissioning by November 2026, alongside steam-saving equipment at the Jawaharpur plant aimed at reducing steam consumption by approximately 10% and unlocking significant bagasse savings, reinforcing the company’s commitment to integrated bioenergy and sustainability.

9. Louis Dreyfus Company

One of the top producers and retailers of agricultural products is the Louis Dreyfus Company. Sugar, grains and oilseeds, cotton, carbon solutions, rice, coffee, juice, and freight, are part of its expanded business that dates back to 1851. Through product sourcing, processing, and transportation, the corporation contributes to the annual feeding and clothing of about 500 million people. The Louis Dreyfus Company is operating in more than 100 countries and has a workforce of about 17,000 employees worldwide. It is organised as a matrix organisation with six geographical zones and eight platforms. The company has been investing in low-carbon agriculture, traceable supply chains, and digital trading capabilities, cementing its leadership across global sugar trade flows from Brazil and Thailand to refining hubs across Asia, the Middle East, and Africa.

10. Wilmar International Ltd

Wilmar International Limited, which was founded in 1991 and has its headquarters in Singapore, is currently a leading agribusiness organisation in Asia. Wilmar’s business strategy is based on an integrated agribusiness model, which encompasses the production of animal feeds, cultivation and milling of sugarcane and palm oil, and industrial agri-products like oleochemicals and biodiesel. It also includes the processing, distribution, and branding of a wide range of edible food products in consumer, medium, and bulk packaging. The group operates a leading sugar business through its Australian, Indian, and Indonesian sugar assets, and is a major refiner and merchandiser supplying food manufacturers, retailers, and industrial users across Asia, Africa, and the Middle East.

11. The Savola Group

With a portfolio of top brands in the food and retail industries, Savola is one of the top strategic investment holding firms in the Middle East and North Africa region. The company runs the biggest grocery store network in Saudi Arabia and provides consumers in more than 50 different countries with basic household goods such as edible oil, sugar, pasta, bakery goods, and frozen meals. Through its United Sugar Company subsidiary, Savola operates one of the largest sugar refineries in the Middle East, supplying both the regional retail market and industrial food manufacturers, while continuing to expand its consumer brand portfolio across MENA, South Asia, and Central Asia.

12. E.I.D. – Parry (India) Limited

E.I.D. - Parry (India) Limited is one of the oldest sugar factories in India and is located at a well-known sugar factory in south India. The company is proud to have established India’s first sugar plant in Nellikuppam in 1842, and it still forges ahead in each of its operations today. E.I.D. Parry’s nine sugar facilities are dispersed throughout south India and are some of the top producers of sugar in India. As of early 2026, the company has significantly expanded its distillery capacity to capitalise on the government’s mandate to reach 20% ethanol blending in petrol, with six sugar factories across South India having a combined capacity to crush 40,800 TCD, generate 140 MW of power, and operate five distilleries having a capacity of 582 KLPD.

13. LLC Rusagro Group of Companies.

The largest agricultural holding firm in Russia with vertical integration is the Rusagro Group. In terms of producing sugar, pigs, crops, oils, and fats, it currently dominates the market. Rusagro Group diversifies its business on a regional basis with the location of its primary assets in Russia’s Belgorod, Tambov, Sverdlovsk, Saratov, Samara, Kursk, Voronezh, and Orel areas, as well as Primorsky Krai. The group operates an integrated supply chain spanning sugar beet cultivation, refining, oilseed crushing, livestock farming, and packaged consumer foods, with sustained capital deployment to strengthen its domestic market leadership and serve export markets across Eurasia.

14. THAI ROONG RUANG SUGAR GROUP

Since the end of World War II, the Thai Roong Ruang Group of Companies (TRR Group) has been involved in the sugar business. The TRR Group has consistently engaged in a range of commercial operations, such as research, invention, modification, and improvement, for the better efficiency of machinery and equipment in the production process, and consequently for higher sugar quality for its clients. The TRR Group is presently recognised as one of Thailand’s top producers and exporters of sugar. Through continued investments in cane productivity, ethanol distilleries, and biomass power generation, the group has positioned itself as a fully integrated sugar and bioenergy enterprise serving both domestic and export markets across Asia and beyond.

15. Cargill, Incorporated.

Agriculture-related products are offered by Cargill, Inc. In addition to producing grains and oilseeds, the company also offers risk management strategies, farmer services, animal nutrition, biofuels, meat and poultry, cuisine, and industrial goods. One of the top American marketers of sugar is Cargill. Granulated sugar, refined sugar, and liquid sucrose are all offered to meet the market’s sugar needs. The company’s sweeteners portfolio extends across foodservice, industrial baking, beverages, and confectionery, complemented by an extensive global supply chain that delivers traceable, quality-assured sugar and sweetener solutions to manufacturers and retailers worldwide.