Sugar Production in China - Industry Market Research Report
Description
Sugar Production in China
Increases in consumer income and the rapid development of many downstream industries have made China a major sugar-consuming country. Industry revenue is set to grow by 3.5% in 2022, to total $18.5 billion. Overall, industry revenue is expected to increase at an annualized 0.3% over the five years through 2022. This increase is largely due to a rise in prices in 2021 that caused total revenue to increase by 5.5% in that year. Industry revenue has started to recover from 2021, due to increasing demand and government assistance. Sugar exports are expected to account for only a small proportion of industry revenue, at an estimated 0.6% in 2022, while sugar imports are expected to rise to account for 11.9% of domestic demand in the current year.
The Sugar Production industry in China comprises firms engaged in finished sugar product manufacturing with sugarcane and sugar beet as raw materials. The industry includes all types of refined sugar product manufacturing including raw sugar, brown sugar, caster sugar, yellow sugar, refined sugar, and by-products such as liquid sugar. The industry does not manufacture maltose, dextrose and candy made of starch.
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.
Increases in consumer income and the rapid development of many downstream industries have made China a major sugar-consuming country. Industry revenue is set to grow by 3.5% in 2022, to total $18.5 billion. Overall, industry revenue is expected to increase at an annualized 0.3% over the five years through 2022. This increase is largely due to a rise in prices in 2021 that caused total revenue to increase by 5.5% in that year. Industry revenue has started to recover from 2021, due to increasing demand and government assistance. Sugar exports are expected to account for only a small proportion of industry revenue, at an estimated 0.6% in 2022, while sugar imports are expected to rise to account for 11.9% of domestic demand in the current year.
The Sugar Production industry in China comprises firms engaged in finished sugar product manufacturing with sugarcane and sugar beet as raw materials. The industry includes all types of refined sugar product manufacturing including raw sugar, brown sugar, caster sugar, yellow sugar, refined sugar, and by-products such as liquid sugar. The industry does not manufacture maltose, dextrose and candy made of starch.
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
37 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
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
Search Inside Report
Pricing
Currency Rates
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