Although the Sugar Manufacturing industry has been subjected to volatile commodity prices and fluctuating weather patterns, it has performed well. Industry revenue is forecast to grow at an annualised 4.6% over the five years through 2014-15, to reach $3.1 billion. This includes forecast 1.2% growth for 2014-15. Despite trending downwards, world sugar prices have remained high for the majority of the past five years. Additionally, domestic sugar production volume has increased over the past five years. These two factors have helped boost industry revenue over the period.
Sugar manufacturers process sugar cane to create raw or refined sugar or molasses. These products are then exported or sold to domestic food manufacturers, grocery wholesalers and supermarket chains.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.