The industrial sugar market is estimated to be valued at USD 35.69 Billion in 2015, and is projected to grow at a CAGR of 6.01% during the forecast period of 2016 to 2022.
The years considered for the study are as follows:
2014 – Historical year
2015 – Base year
2016 – Estimated year
2022 – Projected year
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Objectives of the study are as follows:
• To understand the industrial sugar market by identifying its various subsegments
• To define, segment, and measure the industrial sugar market with respect to type, form, application, source, and region
• To analyze emerging trends and opportunities in the global industrial sugar market
• To study the global market with focus on high-growth applications in each vertical and the fastest-growing market segments
• To identify the drivers and restraints of the industrial sugar market and the degree of impact on the opportunities in the market for stakeholders and market leaders
Research Methodology
• This research study involves the usage of extensive secondary sources (which includes directories and databases) such as Hoovers, Forbes, Bloomberg Business, and Factiva—so as to identify and collect information useful for this technical, market-oriented, and commercial study of the global industrial sugar market. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure shows the market research methodology steps applied in drafting this report on the global industrial sugar market.
The global industrial sugar value chain consists of three main components, namely, production, processing, and distribution. Sugarcane production around the globe is dominated by smallholder farmers (out growers), with only a few factory-owned farms (nucleus estates). The processing component of the value chain consists of a number of public, private, and mixed-owned factories distributed throughout the sugarcane production areas. The distribution after processing is highly integrated between wholesalers, retailers, and importers, which is further distributed for consumption to the food & beverage as well as animal feed and energy industries. The value chain helps in bringing about coordination among stakeholders with market leaders such as Cargill incorporation (U.S.), Archer Daniels Midland (U.S.), Raizen SA (Brazil), Sudzucker AG (Germany), and Tereos (France)
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