The market is dominated by domestic suppliers, as imports account for 11.8% of total market size in 2024. B2B drives market demand, with B2B spending representing 68.9% of total demand in 2024. The US has the largest market size for sugar across the top 20 developed countries, with demand reaching USD23.6 billion in 2024. American Crystal Sugar Co is the largest company in the US, generating 12.4% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 36.4% of total production value in 2024. The total number of companies increases in 2024, to 1,712 units. The costs of the industry increase by 2.6% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.4% of production value in 2024, the 14th highest across the top 20 developed countries. The industry’s exports share increases in 2024 to 2.5% of total production output. With production value of USD13.8 billion, the US accounts for 81.6% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Sugar in the US: ISIC 1542. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sugar in the US: ISIC 1542 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in USA report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Sugar in the US: ISIC 1542
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Food, Beverages and Tobacco
This is the aggregation of food, beverages, and tobacco products.
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