Analysis of Sugar Industry in US by Source (Sugar Cane & Sugar Beet) & by End Use (Food Products & Non Food Products) with Regional Outlook & Forecast to 2025

Sugar Industry in United States (US)

Market Overview  in terms of Consumption, Production & Demand

Globally sugar is produced in over 100 countries across the world using sugarcane & sugar beets as the key raw material. US accounts for production of both sugarcane & sugar beet. Louisiana, Florida and Texas are the major sugarcane producing states whereas Upper Midwest, Great Plains, Great Lakes region, and far western states have high production of sugar beets. Along with high production of sugar cane & beets, US sugar consumption is also quite high. As compared to 1996 sugar consumption in US, it has increased by 24.33% in 2016. The demand is majorly met by domestic sugar production and thus the present import of sugar has fallen by nearly 70% since 1975. As per Goldstein Research analyst, the US sugar market is anticipated to grow at a CAGR of 3.19% during the forecast period (2017-2025.

Implication of US Sugar Tariffs

The US is 5^th largest sugar producer & 5^th largest sugar consumer. Thus the US sugar industry enjoys the trade protection since 1789, against the foreign sugar producers, and it is still ongoing for the domestic sugar producers. In recent developments, US might go with President Trump’s suggestion of 45% tax on sugar import from China & 35% tax on sugar import from Mexico. But in all, every essential step is taken to continue with the protection of domestic sugar manufacturers.

US Sugar Industry Segmentation

• By Source

  • Sugar Cane
  • Sugar Beet

• By End Use

  • Food Products (Beverages, Cakes, Candies, etc.)
  • Non-Food Products (pharmaceuticals, detergents, cement, glues, etc.)

The US Sugar market report discusses the growth drivers, growth opportunities, market restraints, and the risk factors impacting the growth of the industry. The report also analyzes the movement of sugar market based on the production, demand & supply trends.

Sugar Comapnies in USA Covered in this Report on US sugar industry

The Amalgamated Sugar Co., American Sugar Cane League, American Crystal Sugar Company, American Sugar Refining, Inc., C&H Sugar Company, Inc., Imperial Sugar Company, Michigan Sugar Company, Minn-Dak Farmers Cooperative, Okeelanta Corporation, Osceola Farms Company, Southern Minnesota Beet Sugar Cooperative, Sugar Cane Growers Cooperative of Florida, The Western Sugar Cooperative and Wyoming Sugar Company.

The report comprises of detailed competitive outlook. It includes the major manufacturers of sugar, their business strategies, financial analysis, SWOT analysis, business segmentation based on distribution channel & geographical presence. The competitive outlook also includes the market share of each player.

Factors Covered in US Sugar Industry Analysis, 2017-2025 :

• Forecast market size (in USD & units), market share (%) and market CAGR (%), 2017-2025.
• Market segmentation in the report is backed by the estimated & forecast market size (in USD & units) & market share (%) along with the BPS analysis & market attractiveness.
• Present ground scenario and future opportunity prospects for the market players to analyze the target markets.
• Sugar Exporters in USA, Sugar Imports IN USA
• US sugar Consumption Statistics- Consumption by year, Consumption per capita
• In-depth competitive analysis of the major players and leaders in sugar market.
• Future prospects of the overall industry based on manufacturers, and other key stakeholders.
• The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models.
• To understand the market dynamics the report discusses the challenges, risk analysis, trends & opportunities in the market for the new & existing players.

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Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for US Sugar Market
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the US Sugar Market growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects