Key Market Indicators
Cambodian sweetener production is projected to reach approximately 69,500 metric tons by 2028, up from 58,000 metric tons in 2023. This marks an average annual growth rate of 2.8%. Notably, Cambodian supply has been on the rise since 2019, registering an annual increase of 3.9%. In 2023, Cambodia ranked 94th in global sweetener production, with Finland slightly ahead, also producing around 58,000 metric tons. Leading the list were Brazil, the United States, and Thailand, occupying the second, third, and fourth spots respectively. Sales of Cambodian sweeteners are also expected to see significant growth, reaching around 644,000 metric tons by 2028, up from 572,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 1.9%. Since 2019, the Cambodian sweetener market has experienced an average annual increase of 2.3%.
