In 2023, the sugar cane market size volume in China was recorded at a certain volume, setting the baseline for future forecasts. By 2024, the market volume is expected at 42.7 thousand metric tons. This forecast indicates a gradual decline, with a predicted market size of 41.0 thousand metric tons by 2028. Observing the year-on-year changes, there is a consistent decline, with a projected Compound Annual Growth Rate (CAGR) suggesting an average downturn in volume annually over this period.
Future trends to watch for include the impact of technological advancements in sugar cane processing, potential shifts in domestic and international demand, and changes in agricultural policies affecting sugar cane production. Additionally, increased focus on sustainable farming practices could shape the market dynamics significantly.
