Industry Analysis & Industry Trends
Although the Sugar Manufacturing industry has been subjected to volatile commodity prices and fluctuating weather patterns, it has performed well. Industry revenue is forecast to grow at an annualised 4.6% over the five years through 2014-15, to reach $3.1 billion. This includes forecast 1.2% growth for 2014-15. Despite trending downwards, world sugar prices have remained high for the majority of the past five years. Additionally, domestic sugar production volume has increased over the past five years. These two factors have helped boost industry revenue over the period.
The industry derives a large share of its revenue from exports... purchase to read more
Industry Report - Industry Products Chapter
The industry has two main processes: sugar milling and sugar refining. Sugar milling is the elementary stage of processing. It involves extracting juice from sugar cane before evaporating and boiling it to produce liquid sugar, raw crystal sugar and other by-products like molasses and bagasse. These are sold directly to food and beverage manufacturers or transferred to a refinery for further processing. Sugar refining transforms raw sugar into higher quality sugar products. This process removes impurities that alter the product's colour, texture and keeping properties. Refining produces a wide range of products that can be used in food manufacturing. Major refined sugar products include white sugar, caster sugar, icing sugar and brown sugar... purchase to read more