Sugar Processing Market Procurement Intelligence With Top Key Players 2021-2027
Posted by Manisha S on January 5th, 2022
The global sugar processing market was valued at 166 million MT in 2020 and it is expected to grow at a CAGR of ~2% from 2021 to 2027 to cross 200 million MT in terms of volume in 2027. The growth of the market is majorly driven by the high demand generated from the food and beverages industry. However, a supply shortage due to the COVID-19 pandemic and the substantial reduction in output from Brazil, India, the EU, and Thailand resulted in a decrease in production in 2020.
Based on type, white sugar has the highest market share (60%), followed by brown sugar and liquid sugar. Brazil (39.5 million tons) stood as the largest producer of sugar, followed by India (33.7 million tons) and the European Union (17.7 million tons) in 2020. Production in Brazil dropped by 5% in 2020 due to the low availability of sugarcane. Unfavorably dry weather and incidences of fire outbreaks in sugarcane fields lowered production volumes. Additionally, steady grain prices have encouraged the shift of marginal sugarcane areas to soybeans and corn.
Read report summary or request a free sample copy of the report “Sugar Processing Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2021 – 2027”
Identification of Initial List of Suppliers:
Operational and functional capabilities are mapped by analyzing supplier product and service portfolio
Primary research is conducted to validate the information captured from secondary research
Suppliers not offering sugar processing services are listed under eliminated supplier list
Each supplier finalized is benchmarked based on the capabilities being offered by them
All the capabilities mapped are assigned weightage as per category standards
Rankings is ascertained based on the weightage provided and suppliers are recommended accordingly
The suppliers are divided into the below mentioned four quadrants in the matrix with the help of the weightage assigned to each of the categories:
The weightages are considered based on category importance, alterations can be provided based on client specific requirement.
Operational Capabilities - Weightage for Supplier Ranking and Selection in Sugar Processing Category:
List of Key suppliers of Catering Services Category:
Check out the featured Add-on Services offered with Sugar Processing Market Procurement Intelligence Report:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.
Our services include (not limited to):
Market Intelligence involving - market size and forecast, growth factors, and driving trends
Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership
Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption
Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.
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About the AuthorManisha S
Joined: August 2nd, 2017
Articles Posted: 76
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