The consumption of centrifugal sugar in China is projected to grow from 15.65 million metric tons in 2024 to 16.22 million metric tons in 2028. This represents a steady increase year-on-year, with each year seeing a slight upward trend. In 2023, consumption was below the forecasts for 2024, indicating a continuing growth pattern. Between 2024 and 2028, the compound annual growth rate (CAGR) reflects a consistent gradual increase.
Future trends to watch for:
- Potential influence of domestic and international sugar market dynamics on consumption patterns.
- Impact of government policies on health and sugar consumption.
- Shifts in consumer preferences towards healthier alternatives.