After a global sugar shortage caused sugarcane demand to jump, the industry faces more tepid conditions in the coming years. Consumers' growing health-consciousness will cause them to curtail their sugar consumption. Furthermore, the US government is easing its level of protection for sugar processors, who previously enjoyed inflated domestic sugar prices and a low level of import penetration. The scaled-back federal support for the downstream sugar-processing industry will in turn hurt sugarcane farmers.
Farmers in this industry primarily grow sugarcane, a tall tropical grass originating in Southeast Asia. Scientifically known as Saccharum officinarum, its thick stems are a major commercial source of sugar.
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.