Sugar Processing in the US - Industry Market Research Report
Description
Sugar Processing in the US - Industry Market Research Report
Sugar Processing in the US
The Sugar Processing industry refines sugar from sugar beets and sugarcane and produces sugar products for consumer and industrial use. The industry has contended with falling demand abroad, volatile input prices and a pandemic. In particular, the COVID-19 pandemic has reduced production capacities and increased unemployment rates, damaging industry revenue and downstream demand for sugar. Industry revenue grew at a CAGR of 0.9% to $13.2 billion over the past five years, despite a 1.7% fall in 2023, as the global economy recovered from the coronavirus pandemic's effects.
The Sugar Processing industry comprises establishments primarily engaged in manufacturing raw sugar, liquid sugar and refined sugar from sugarcane, raw cane sugar and sugar beets. This industry acquires its raw material from sugarcane growers. Sugar refiners also buy raw sugar from millers. This raw material is processed into a range of sugar products for industrial and consumer use.
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.
Sugar Processing in the US
The Sugar Processing industry refines sugar from sugar beets and sugarcane and produces sugar products for consumer and industrial use. The industry has contended with falling demand abroad, volatile input prices and a pandemic. In particular, the COVID-19 pandemic has reduced production capacities and increased unemployment rates, damaging industry revenue and downstream demand for sugar. Industry revenue grew at a CAGR of 0.9% to $13.2 billion over the past five years, despite a 1.7% fall in 2023, as the global economy recovered from the coronavirus pandemic's effects.
The Sugar Processing industry comprises establishments primarily engaged in manufacturing raw sugar, liquid sugar and refined sugar from sugarcane, raw cane sugar and sugar beets. This industry acquires its raw material from sugarcane growers. Sugar refiners also buy raw sugar from millers. This raw material is processed into a range of sugar products for industrial and consumer use.
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.
Table of Contents
46 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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