Global Sugar Consumption to Reach 177 Million Metric Tons by 2015, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Sugar markets. The world market for Sugar is projected to exceed 177 million metric tons by the year 2015. This is primarily driven by factors such as growing average household income among middle class population and growing prices of alternative sweeteners and corn syrup containing high-fructose that are available in the market. The global sugar consumption pattern shows that there is a fall in sugar consumption level in developed nations, while an increasing trend is witnessed among the developing countries. The trend confirms the fact that with increasing level of income and awareness, consumers tend to prefer alternative foodstuffs that are perceived healthier.

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Sugar: A Global Strategic Business Report

San Jose, California (PRWEB) March 23, 2010

Global sugar industry is characterized by high distortion as a result of variable regional trade policies such as, marketing and production control, minimum guaranteed tariff to the farmer, quotas and subsidies, as well as retail prices of sugar as per state regulations. Most of the sugar producing countries enjoys domestic support from their respective government, and thus supply became the key market driver rather than demand.

Asia Pacific and Europe dominate the global sugar consumption market as stated by the new market research report on sugar market. Some of the key factors supporting the global sugar prices include, reforms in government policies leading to fall in production level within the European Union region, positive demand due to high growth in level of income in developing nations including India and China, and diversion of sugar cane production to ethanol production in Brazil.

Key players profiled in the report include American Crystal Sugar Company, Associated British Foods plc., Baotou Huazi Industry Co. Ltd., Cosan Limited, CSR Limited, Dhampur Sugar Mills Limited, Eurosugar S.A.S., Lantic, Inc., Michigan Sugar Company, Midwest Agri-Commodities, Nordzucker AG, Southern Minnesota Beet Sugar Cooperative, Tongaat-Hulett, and Western Sugar Cooperative, Inc., among others.

The report titled "Sugar: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and analytics in terms of volume consumption for regions including the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.

For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Sugar_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
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