Sugar industry

The sugar industry subsumes the production, processing and marketing of sugars (mostly saccharose and fructose). Globally, most sugar is extracted from sugar cane (~80 % predominantly in the tropics) and sugar beet (~ 20%, mostly in temperate climate like in the U.S. or Europe).

Sugar is an essential basis for soft drinks/sweetened beverages, convenience foods, fast food, candy / sweets, confectionery, baking products and the respective industries.

A 2013 report from BCC Research estimates the global market for sugar and sweeteners at about $77.5 billion in 2012 with sugar comprising an almost 85% share. The market is thought to increase at a compound annual growth rate of 4.6%.[1]

Around 160 million tonnes of sugar is produced every year. The largest producers are Brazil (22%), India (15%) and the European Union (10%). Altogether, there are more than 123 sugar-producing countries, but only 30% of the produce is traded on the international market. In 2011 global sugar export trade was worth $47bn with $33.5bn of sugar exports are from developing countries and $12.2bn from developed countries.[2]

Global players

The top 10 sugar-producing companies based on production in 2010:[3]

Rank Company 2010/11 Output [Mt] Country
1. Suedzucker AG 4.2 Germany
2. Cosan SA Industria & Comercio 4.1 Brazil
3. British Sugar Plc 3.9 UK
4. Tereos Internacional SA 3.6 France
5. Mitr Phol Sugar Corp. 2.7 Thailand
6. Nordzucker Gmbh & Co KG 2.5 Germany
7. Louis Dreyfus 1.8 Netherlands
8. Wilmar International Ltd. 1.5 Singapore
9. Thai Roong Ruang Sugar Group 1.5 Thailand
10. Turkiye Seker Fabrikalari1.34 Turkey

Global sugar industry has a low market share concentration. The top four sugar producers account for less than 20.0% of the market.[4]

Products

Organizations

References

  1. ↑ "Global Sugar, Sweeteners Market to Hit $97 Billion by 2017". naturalproductsinsider.com. April 18, 2013.
  2. ↑ "Fairtrade and sugar briefing" (PDF). fairtrade.net. 2013.
  3. ↑ Chanyaporn Chanjaroen (November 4, 2011). "Suedzucker Leads the Top 10 Sugar-Producing Companies". Bloomberg.com.
  4. ↑ "Global Sugar Manufacturing: Market Research Report". IBISWorld. 2016.

See also

Further reading

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