Egypt Sugar Market Size, Share, Opportunities, And Trends By Form (Granulated, Powdered, Syrup), By Source (Cane Sugar, Beet Sugar), By Use (Food And Beverage, Pharmaceuticals), And By Distribution Channel (Online, Offline) - Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061613260
- Pages : 76
Egypt Sugar Market Size
Egypt's sugar market is anticipated to grow at a compound annual growth rate (CAGR) of 3.19% over the forecast period to reach US$6.354 billion by 2030 from an initial value of US$5.431 billion in 2025.
Several key factors significantly influence the Egyptian sugar market growth. The cultivation of sugarcane in Egypt is primarily concentrated around the sugar refineries located in Upper Egypt, which account for approximately 77 percent of the total cane area in the country. Middle Egypt contributes an additional 15 percent to the sugarcane area, followed by the Delta region with eight percent.
Policies aimed at encouraging farmers to cultivate sugarcane and sugar beet play a significant role in boosting domestic production and reducing dependence on imports. By incentivizing farmers through supportive policies, the government aims to enhance the local sugar industry's sustainability and self-sufficiency.
Sugarcane is typically planted during both the spring and autumn seasons. The demand for sugarcane has been on the rise, leading to an increase in the Procurement Price for sugar beet. In 2022, the price stood at 700 EGP, which escalated to 1000 EGP in 2023 and further to 1200 EGP in 2024. This upward trend in prices can be attributed to the expanding confectionery food products sector, which demands higher sugar inputs.
What are the drivers of the Egypt Sugar Market?
- Favourable government policies supporting the sugar industry
The government of Egypt has implemented various forms of support to bolster the sugar industry. These include production incentives and price subsidies aimed at ensuring the availability and affordability of sugar for the population.
One significant initiative is the Egypt Future Developmental Project, launched in January 2022. This project focuses on producing strategic commodities, including sugar beets, in the New Delta extension of Dabaa in the northwest. A total area of 35,000 feddans (14,700 hectares) has been allocated for sugar beet cultivation under this project.
Price subsidies are also provided, with refined sugar being offered to food subsidy beneficiaries at prices below the international market rates. For instance, one kilogram of sugar is provided at a subsidized price of 10 EGP ($0.30) per month. Additionally, families receive a monthly cash transfer of 200 EGP ($10.96), enabling them to afford sugar and other essential food items. Egyptian sugar production has seen an increase from 2760 thousand tons in 2022/23 to 2785 thousand tons in 2023/24.
This rise in demand is driven by factors such as population growth, which is estimated at 2.4 percent annually. With Egypt's population reaching approximately 106 million in 2022 and increasing by around 2 million people per year, the demand for sugar continues to escalate. Moreover, the expanding confectionary food products sector is further fueling the demand for sugar, necessitating higher inputs.
- Increasing population and urbanization are expected to propel the sugar market in Egypt.
The region's rising population is one of the major factors influencing the increase in sugar demand since, with the rapid rise in population, the demand for sugar-related products increases. As per the World Population Review, Egypt's population was 111 million in 2022, which rose to 114.5 million as of 2024 and is expected to progressively rise to 134.2 million by 2035, which will promote market growth.
Moreover, the rise in urbanization in Egypt will also contribute to higher sugar content intake as there is a notable shift in their daily life dietary habits, and they will prefer more processed and on-the-go food items. The World Bank data of the urban population in the country was 46.8 million in 2021, which increased to 48.6 million in 2023. This rising Egyptian population living in urban areas will directly contribute to a consistent increase in processed food and beverages, resulting in higher consumption of sugar in the coming years.
- The increasing requirement in the food industry is anticipated to boost the sugar market in Egypt.
Increasing numbers of consumers prefer more sugar-added food products with the influence of Western eating habits and busy lifestyles. This is predicted to contribute to the rise of sugar demand by the food industry, leading to the market's expansion in the country due to the large population consuming food and beverages containing added sugar. According to World Population Review data, in Egypt, the annual per capita consumption of sugars and sweeteners was 22.17 kg per capita in 2022, with the country's total consumption recorded at 2,460 thousand tons in 2022.
In addition, consumers these days prefer brown sugar to white sugar, which will increase the requirement for brown sugar and propel the market's expansion. Key companies are also increasing their investment in product innovation and new product launches, which will contribute to the market's expansion even further in the country.
What are the trends shaping the Egypt Sugar Market?
Various soluble carbohydrates containing sweet flavor are utilized in food and are referred to as sugar. Sugar has applications in both food and non-food industries. It has various crucial applications in the food sector, along with giving it a sweet taste. It acts as a preserver and prevents the growth of microbes like bacteria. In Egypt, sugar is typically produced through sugarcane or sugar beets, as these crops can be easily cultivated. Additionally, the expansion of the country’s food and beverage industry and the region's large population will positively influence the market growth.
Egypt Sugar Market Challenges:
- The country depends largely on the import of sugar to fulfill domestic requirements, which could lead to Egypt's sugar market being at risk of global sugar cost fluctuation. This could potentially cause supply chain disruption and instability in the regional market. Moreover, the inflammation and currency devaluation in the country could negatively influence consumers' buying power and the profitability of sugar manufacturers which could affect the investment in the sugar market by companies.
The Egypt Sugar Market, by use, has been segmented into food and beverage, and pharmaceuticals
The growing demand for sugar in pharmaceuticals is attributed to its increased use in personal beauty care products. Sugar is recognized as a versatile ingredient that poses minimal risk of causing allergies, making it widely favored. Its incorporation into scrubs aids in moisturizing the skin, combating aging, and facilitating the removal of dead skin cells. These beneficial properties are anticipated to drive up sugar demand within the country.
Additionally, Egyptian pharmaceutical products offer significant market potential, with a sizable domestic market of 109 million consumers and strategic positioning in the Suez Canal economic zone. Leveraging a range of free trade agreements, including AfCFTA, GATT, GATS, the EU-Egypt Free Trade Agreement, agreements with the EFTA States and Turkey, as well as regional agreements like the Greater Arab Free Trade Agreement and Mercosur, Egypt has access to approximately two billion consumers worldwide.
Key developments in the Egypt Sugar Market:
The market leaders for the Egypt Sugar Market are Wilmar International Ltd, Daqahlia Sugar & Refining Company, Südzucker AG, Canal Sugar, Nile Sugar, and Al Khaleej Sugar. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors. For Instance,
- In Septmeber 2024, BMA puts the world’s largest beet sugar factory on track. BMA would help Canal Sugar in Egypt reach its huge processing capacity for the beet sugar factory.
Egypt Sugar Market Scope:
Report Metric | Details |
Egypt Sugar Market Size in 2025 | US$5.431 billion |
Egypt Sugar Market Size in 2030 | US$6.354 billion |
Growth Rate | CAGR of 3.19% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
List of Major Companies in Egypt Sugar Market |
|
Customization Scope | Free report customization with purchase |
Egypt Sugar Market is analyzed into the following segments:
- By Form
- Sugar Cubes
- Granulated Sugar
- Powdered Sugar
- Sugar Syrup
- By Mode Of Source
- Cane Sugar
- Beet Sugar
- By Use
- Food and Beverages
- Pharmaceuticals
- By Distribution Channel
- Online
- Offline
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
2.3. Data Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Supplier
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
5. EGYPT SUGAR MARKET BY FORM
5.1. Introduction
5.2. Sugar Cubes
5.3. Granulated Sugar
5.4. Powdered Sugar
5.5. Sugar Syrup
6. EGYPT SUGAR MARKET BY MODE OF SOURCE
6.1. Introduction
6.2. Cane Sugar
6.3. Beet Sugar
7. EGYPT SUGAR MARKET BY USE
7.1. Introduction
7.2. Food and Beverages
7.3. Pharmaceuticals
8. EGYPT 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. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Wilmar International Ltd.
10.2. Daqahlia Sugar & Refining Company
10.3. Südzucker AG
10.4. Canal Sugar
10.5. Nile Sugar
10.6. Al Khaleej Sugar
Wilmar International Ltd.
Daqahlia Sugar & Refining Company
Südzucker AG
Canal Sugar
Nile Sugar
Al Khaleej Sugar
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
France Sugar Market Share & Trends: Industry Analysis, 2022 – 2027 | Mar 2020 | |
Russia Sugar Market Size & Share: Industry Report, 2022 – 2027 | Jan 2023 | |
Poland Sugar Market Size, Share & Growth: Industry Report, 2022-2027 | Jan 2023 | |
Iran Sugar Market Size & Share: Industry Report, 2022-2027 | Jan 2023 | |
UAE Sugar Market Size & Share: Industry Report, 2022-2027 | Jan 2023 |