Industry Analysis & Industry Trends
The US Sugarcane Harvesting industry has experienced spikes and drops in revenue over the five years to 2016. Global weather patterns are largely responsible for fluctuations in price and production, which directly influence revenue. 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. The growing presence of alternative products in the sweetener market will increase competition for sugar processors, which will subsequently hurt the industry... purchase to read more
Industry Report - Industry Products Chapter
Sugarcane is one of the essential raw material sources of manufactured sugar in the United States. Sugarcane, a tall perennial grass that ranges from six to 19 feet tall, is grown in tropical and semitropical climates. After the planting of cane stalk cuttings, the plant matures in one to two years. On average, two to four crops are harvested from the original plantings, unless the plants are impaired or destroyed by frost, disease or other causes. Once harvested, sugarcane is quickly processed for the juice that is stored in the inner core of its stalk, which is then processed into sugar. While sugarcane production does not vary based on its final destination, IBISWorld breaks down sugarcane into segments for milling and for refining purposes.
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