Sugar Market Leaders: Charting the Course in Global Industries
Originally Published on: SpendEdge |Top Sugar Manufacturers, You Should Know About
Sugar, a ubiquitous sweetener across various sectors, including pharmaceuticals, confectionery, and beverages, is witnessing a surge in consumption, driven by the growing popularity of packaged foods and beverages. A recent report from SpendEdge projects a 2% annual increase, expecting consumption to nearly reach 200 MT by 2021. Sugar manufacturers are strategically expanding their supply chains to cater to industries involved in the production of transparent soaps, explosives, color and dyes, and antibiotics.
Pioneering the Sweet Revolution: Key Players Shaping Market Dynamics
1. Suedzucker AG
- Established in 1837, Suedzucker AG is at the forefront of sugar production, offering a diverse range of sugar types for various applications.
- Expertise: Specialized varieties for the beverage and dairy industries, along with tailor-made sugars for pharmaceutical applications.
2. Tereos
- Founded in 1932, Tereos is a key player in alcohol and starch markets, emphasizing agricultural raw material valorization and quality food product development.
- Product Portfolio: Household sugar, industrial crystallized sugar, liquid and fondant sugar, fructo-oligosaccharide, and sugar for industrial facilities.
3. Cosan
- Prominent in ethanol fermentation, Cosan has diversified into agriculture, fuel and natural gas distribution, and lubricants and logistics.
- Sub-Brands: Raizen, Comgas, Cosan Lubricants, Radar, and Rumo.
4. Associated British Foods
- An international food, ingredients, and retail group, Associated British Foods operates across five segments: sugar, agriculture, retail, grocery, and ingredients.
- Profitability: Reported an operating profit of US$1.4 billion in 2016.
5. Mitr Phol Sugar
- Leading sugar manufacturer and exporter, Mitr Phol Sugar ranks fifth globally, with production bases in China, Thailand, Laos, and Australia.
- Product Range: Sugar, molasses, fertilizer, and wood substitute materials.
6. Wilmar International
- Established in 1991, Wilmar International, a Singaporean multinational agribusiness company, has a significant presence in the global sugar market.
- Operations: Operates sugar mills and refineries in various countries, including Indonesia, Australia, and Africa.
7. SASAZU (Central American Sugar Association)
- Industry Association: SASAZU represents a collective group of sugar producers in Central America, advocating for the interests of the sugar industry.
- Member Countries: Guatemala, Honduras, El Salvador, Nicaragua, and Costa Rica.
Delving into the expansive realm of top sugar manufacturers unveils their global influence, diverse product portfolios, and contributions that extend beyond the realms of food and beverages.
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