Global Sugar Manufacturing
Over the five years to 2015, the Global Sugar Manufacturing industry has had to contend with unstable production and price levels. Adverse weather conditions and increasing diversion of sugar stocks to ethanol production reduced the production of sugar, therefore inflating the world price of sugar. This benefited the industry until 2012, when prices crashed due to high global production and healthy stocks-to-use ratio. Prices continued to decrease throughout the period, thereby pushing revenue down, which resulted in minimal industry growth over the past five years. In the five years to 2020, the industry is expected to increase due to rising demand for renewable energies, growing global sugar consumption and government policies. However, the world price of sugar is expected to remain highly unstable.
Companies in the industry manufacture raw sugar, liquid sugar, refined sugar and molasses. Sugar and molasses can be derived from either giant grass called sugarcane or the root vegetable sugar beet. This raw material is processed into a range of sugar products for industrial and consumer uses. The final products are sold to grocery wholesalers and retailers, organic chemical manufacturers and food manufacturers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Associated British Foods PLC
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook