The Indian government has taken numerous initiatives to improve sugarcane production in the country. For instance, the government has announced an incentive for sugar mills in the form of an additional domestic sales quota to those that export sugar and divert the commodity toward ethanol making in the new 2021-22 season starting October. The government has also urged sugar mills to take advantage of firm global sugar prices and plan the export of raw sugar during this new season (October-September). Moreover, the Indian government is planning to invest approximately USD 5 billion over the next few years to increase ethanol production by 80%.
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”
Sugar Processing Category Intelligence Highlights:
- Sugar processing suppliers are collaborating with small and regional sugarcane suppliers to increase their profit margins.
- The sugar processing market has a fragmented competitive landscape and is witnessing the entry of several small regional players.
- Suppliers largely prefer approved provider operating models to reduce risks and improve the potential for value creation.
Cost Intelligence Highlights:
Grand View Research has identified the following key cost components for Sugar Processing:
- Feedstock
- Other chemicals
- Washing
- Crushing
- Purification
- Crystallization
- Centrifugation
- Packaging
- Labor
- Utilities
- SG&A
- Tax
- Profit
“Feedstock is the major cost component of Sugar Processing, accounting for more than 45% of the total cost of sugar production. “
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List of Key Suppliers in the Sugar Processing Category:
- Cosan
- Mitr Phol Sugar Corporation
- Nordzucker AG
- Suedzucker AG
- Tereos
- Biosev
- Thai Roong Ruang Group
- Wilmar International Limited
- Savola Group Company
- Cofco Tunhe Sugar Co. Ltd.
Operational Capabilities - Weightage for Supplier Ranking and Selection in Sugar Processing Category:
- Years in Service - 15%
- Geographical Service Presence - 35%
- Employee Strength - 15%
- Revenue Generate - 15%
- Key Clients - 12%
- Certifications - 8%
Functional Capabilities - Weightage for Supplier Ranking and Selection in Sugar Processing Category:
- By Type
- Liquid Sugar20%
- Brown Sugar20%
- White Sugar20%
- By Source
- Sugarcane20%
- Sugar Beet20%
List of Key suppliers of Catering Services Category:
- Cosan
- Biosev
- Mitr Phol
- Nordzucker
Check out the featured Addon Services offered with Sugar Processing Market Procurement Intelligence Report:
About us:
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.
Find More information @ https://www.grandviewresearch.com/pipeline
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Grand View Research, Inc.
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