Is There A Sugar Shortage 2024. Has rising sugar consumption finally caught up with the market? There is a widespread expectation that contracted sugar prices will not reach the same levels for the 2024/25 campaign, though would still be very high by historical standards.
In this exploration of the sugar shortage, we’ll examine its scope, discuss potential repercussions for the sweets industry, and outline the key links in the sugar supply chain. Last year has brought spiking cocoa and sugar prices, the latter of which spurred a federal government watchdog agency to push for policy changes.