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 Key Buyers Chapter
As an agricultural industry, Sugarcane Harvesting has a low level of ownership concentration. The large majority of farms are small, family-owned operations. However, vertical integration with sugar processors is an important and increasingly common feature in the sugar supply chain. Vertical integration ensures a constant supply of raw materials for sugar refineries and is also easier to achieve in an industry with a high degree of geographical concentration.
This pattern has also been attributed to competition and cost pressures that are encouraging the industry to move toward large-scale production. This trend reflects the continuing consolidation occurring across the agricultural sector... purchase to read more