Sugar Manufacturing in Australia - Industry Market Research Report

Sugar Manufacturing in Australia - Industry Market Research Report

Sugar Manufacturing in Australia

Operators in the Sugar Manufacturing industry have faced volatile commodity prices and fluctuating weather patterns over the five years through 2022-23. The way milled sugar is marketed and exported is also changing, causing a shift in supply chain processes and contributing to uncertainty among sugar manufacturers. Sugar manufacturing revenue is expected to inch up at an average annual rate of 0.1% over the five years through 2022-23, to an estimated $3.45 billion. This trend includes an expected increase of 11.7% in 2022-23. Both world sugar prices and the domestic price of sugar have fluctuated greatly, causing concerns for profitability. Major sugar-producing nations, like Brazil and India, largely determine the global supply and price of sugar. Increased demand from major Asian economies like Japan and South Korea is boosting export volumes.

Companies in the industry primarily manufacture raw or refined sugar or molasses from sugar cane, raw cane sugar or sugar beet.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.