Industry Analysis & Industry Trends
The highly regulated Global Sugar Manufacturing industry has had a challenging five years as production and global sugar prices have seen large fluctuations. However, the industry's outlook looks brighter. International trade and production will increase, and global sugar consumption will grow as demand from developing regions increases alongside income and population growth... read more
Industry SWOT Analysis
Overall, the industry is in its mature life cycle stage. During the 10 years to 2018, industry valued added (IVA), which measures the industry's contribution to the economy, has grown an average 3.1% annually, falling slightly behind average annual world GDP growth of 5.4%. Although the industry is falling slightly behind IVA, sugar is widely accepted, and the industry has undergone consolidation in its largest markets, indicating a mature life cycle stage.
Growth in the Global Sugar Manufacturing industry is supported by growth in demand for ethanol, which limits supply for sugar, and growth in demand from emerging countries... read more