Bittersweet: Amid rising public health concerns, biofuel production could sustain industry revenue

The US Sugarcane Harvesting industry has experienced spikes and drops in revenue over the five years to 2018. Global weather patterns are largely responsible for fluctuations in price and production, which directly influence revenue. Sugar prices skyrocketed prior to the current five-year period due to heavy rainfall that harmed crops in Brazil, the world's leading sugarcane producer. Nonetheless, the industry is headed for major challenges over the next five years. In addition to slower growth in prices, increasingly health-conscious consumers will likely turn to low- and no-calorie sweeteners, both artificially and naturally derived...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Downstream processors are protected by government price supports, which inflate domestic sugar prices
  • Imports are insignificant because the crop must be processed soon after harvesting
  • Limited growth in per capita sweetener consumption is expected to limit demand
  • 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 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. A p...purchase to read more.

    Additional Insights for the Sugarcane Harvesting Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sugarcane Harvesting Industry are

  • Production of premium goods/services
  • Ability to alter goods and services produced in favor of market conditions
  • Appropriate physical growing conditions
  • IBISWorld analysts also discuss how external factors such as Demand from sugar processing and Per capita sugar and sweetener consumption in the Sugarcane Harvesting industry impact industry performance..

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    What's in this report

    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
  • Seeds
  • Milled sugar
  • Refined sugar
  • Bagasse
  • Industry Activities
  • Sugarcane farming
  • Sugar, field production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from sugar processing
  • Per capita sugar and sweetener consumption
  • Price of sugar
  • Healthy eating index

  • Current Performance
  • Artificial profit-sweeteners
  • Competition from imports and substitutes
  • Chart: Revenue Growth

  • Industry Outlook
  • Import competition and other looming threats
  • Potential opportunities
  • Table: Sugarcane Harvesting Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sugarcane Harvesting Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sugarcane Harvesting
  • Sugar Processing
  • Organic Chemical Manufacturing

  • Key Selling Industries
  • Crop Services
  • Farm Supplies Wholesaling
  • Farm, Lawn & Garden Equipment Wholesaling
  • Fertilizer Manufacturing
  • Pesticide Manufacturing
  • Tractors & Agricultural Machinery Manufacturing

  • Products & Services
  • Refined sugar
  • Milled sugar
  • Bagasse
  • Seeds
  • Chart: Sugarcane Harvesting Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand
  • Sugarcane versus sugar beet
  • Sugar alternatives

  • Major Markets
  • Bakery and cereal producers
  • Confectionery and ice cream producers
  • Other industries and exports
  • Dairy and ice cream producers
  • Beverage producers
  • Sugarcane farmers
  • Chart: Major Market Segmentation for the Sugarcane Harvesting Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent, utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Sugarcane Harvesting

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sugarcane Harvesting Industry

  • Industry Globalization
    United States Sugar Corporation,
  • Table: United States Sugar Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sugarcane Harvesting Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sugarcane Harvesting Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita sugar and sweetener consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • The dry pulp that remains after the juice has been drained from sugarcane in the milling and refining processes.
  • North American Free Trade Agreement
  • A generally duty-free agreement signed by the governments of Canada, Mexico and the United States, creating a trilateral trade bloc in North America.
  • Pesticide
  • A chemical used to kill pests.
  • Tariff Rate Quota (Trq)
  • Trade regulations under which a specified quantity of a product can be imported at a relatively low tariff. Quantities above the quota are imported at a higher tariff rate.
  • What Our Customers Say

    Why buy this report?

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    This report on Sugarcane Harvesting:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sugarcane Harvesting market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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