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Sugarcane Harvesting in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Sugarcane Harvesting Market Research Report | NAICS 11193 | Dec 2014

Bitter future: Falling demand and less government support will cause revenue to dip

IBISWorld’s Sugarcane Harvesting market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$865m
Annual Growth 09-14
-5.6%
Annual Growth 14-19
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Profit
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Employment
4,085
Businesses
456
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry Locations Chapter

Sugarcane is a tropical grass native to Asia and is primarily grown in the tropics and subtropics. It requires a long, warm growing season with a high incidence of solar radiation and adequate rainfall, followed by a dry, sunny and cool season for ripening and harvesting. In the United States, sugarcane is grown commercially in Florida, Louisiana, Hawaii and Texas. Florida and Louisiana each account for close to 50.0% of US sugarcane acreage, and Hawaii and Texas each account for less than 5.0% of sugarcane acreage.

Over the past five years, the Florida state government has increased its efforts to preserve the Everglades (one of the most popular regions within the state for sugarcane farming)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sugarcane Harvesting Industry?

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.

Industry Products
SeedsMilled sugarRefined sugarBagasse
 
Industry Activities
Sugarcane farmingSugar, field production


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