Refined sugar is a sweet, crystalline, and water-soluble powder obtained from various natural sources. It comprises a combination of glucose, fructose, and sucrose and made by extracting and processing the natural sugars from sugarcane, sugar beets, sorghum, maples, and palms. It also adds sweetness, balances the acid content, and enhances the shelf life of various food products, such as bread, biscuits, pastries, cereals, canned soups, pasta sauces, ketchup, chocolate, sweetened yogurt, baby food, pickles, jams, and jellies. It is employed to cure chronic hiccups as the grains help reset the phrenic nerves in the esophagus. It also relieves discomfort caused in the mouth from consuming hot and spicy foods. It cures a sore throat by stimulating the salivary glands and keeping the throat moist and lubricated. It aids in healing open wounds by absorbing moisture from the area and restricting the growth of bacteria. Furthermore, refined sugar is widely used in the cosmetic industry for manufacturing exfoliating masks, lip scrubs, body polishing scrubs, and face scrubs across the globe.
The increasing demand for refined sugar in the food and beverage (F&B) industry for manufacturing various non-alcoholic packaged beverages, such as coffee, tea, carbonated drinks, juices, and energy drinks, represents one of the key factors driving the market. Besides this, the rising demand for refined sugar in producing milk-based edible products, such as flavored yogurt, ice creams, and milkshakes, is propelling the growth of the market. Additionally, key players operating in the industry are extensively investing in research and development (R&D) activities to manufacture healthier varieties of refined sugar for health-conscious consumers, which is positively influencing the market. Apart from this, the rising utilization of refined sugar in the pharmaceutical industry as a preservative and flavoring agent in various medications, such as cough syrups and digestive care liquids is supporting the growth of the market.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the refined sugar manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the refined sugar industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the refined sugar industry.
The following technical and economic aspects are included in the report:
Key Questions Answered in This Report-
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
4 Global Refined Sugar Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Refined Sugar Price Trends
4.7.2 Product Margins
5 Refined Sugar Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
6.4.3.1 Plant Machinery Costs
6.4.3.2 Auxiliary Equipment Cost
6.4.3.3 Electrical Works and Piping Costs
6.4.3.4 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7 Annexure
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Refined Sugar Market: Major Drivers and Challenges
Figure 2: Global: Refined Sugar Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Refined Sugar Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Refined Sugar Market: Breakup by Segment (in %), 2022
Figure 5: Global: Refined Sugar Market: Breakup by Region (in %), 2022
Figure 6: Refined Sugar: Price Trends, 2017 & 2022
Figure 7: Refined Sugar: Margins Across Various Stages of the Supply Chain
Figure 8: Refined Sugar: Breakup of Costs
Figure 9: Refined Sugar Price Structure
Figure 10: Refined Sugar: Manufacturing Process Flow
Figure 11: Refined Sugar: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Refined Sugar: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Refined Sugar Manufacturing: Raw Material Requirements
Table 2: Refined Sugar Manufacturing: Raw Material Costs
Table 3: Refined Sugar Manufacturing: Electricity Costs
Table 4: Refined Sugar Manufacturing: Steam Costs
Table 5: Refined Sugar Manufacturing: Process Water Costs
Table 6: Refined Sugar Manufacturing: Total Utility Costs
Table 7: Refined Sugar Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Refined Sugar Manufacturing: Packaging Costs
Table 9: Refined Sugar Manufacturing: Transportation Costs
Table 10: Refined Sugar Manufacturing: Sales and Administration Costs
Table 11: Refined Sugar Manufacturing: Total Operating Costs
Table 12: Refined Sugar Manufacturing: Costs Related to Land and Site Development
Table 13: Refined Sugar Manufacturing: Costs Related to Civil Works
Table 14: Refined Sugar Manufacturing: Costs Related to Plant Machinery
Table 15: Refined Sugar Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Refined Sugar Manufacturing: Costs Related to Electrical works and Piping
Table 17: Refined Sugar Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Refined Sugar Manufacturing: Working Capital Requirements
Table 19: Refined Sugar Manufacturing: Total Capital Investment Required
Table 20: Refined Sugar Manufacturing: Total Production Cost
Table 21: Refined Sugar Manufacturing: Raw Material Suppliers
Table 22: Refined Sugar Manufacturing: Machinery Suppliers
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