According to the new market research report by IndustryARC, titled “Thailand Sugarcane Market By Type (Crystallized Sugar and Non-Crystallized Sugar); By Product type (Raw, Refined, Brown and others); By End-user (Sweetener, Bakery Products, Confectionery, Beverages and others); & By Region — Forecast (2018–2023)”, the market will be driven by a rising demand for consumption of sugar in many parts of Thailand.
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Overview of the Thailand Sugarcane Market:
Sugarcane is an important crop in Thailand. Sugarcane is not only important for sugar production but also for energy production. The total sugarcane yield in this region is 94.7 million tons and the sugar production efficiency is 107.90 kg/ton of sugarcane. At present, 51 sugar factories are present in Thailand. The exporting countries of Thailand sugarcane gain advantage in the transportation cost. Bagasse and Molasses are the residues of sugar production. In 2016, the Thailand sugar factories left bagasse, which was around 30.68 million tons.
Selected Regulatory Analysis Done in the Full Report:
The fiber content of bagasse from sugarcane sticks in cellulose industries is used as pulp, paper, and cattle feed. This substance is also used as a captive fuel in the sugar factor boiler for raising the steam to generate power and drive the prime movers. Molasses, which is sent out of the factory as a waste product, is a valuable raw material and is used for producing many value-added products. The main products which can be produced are citric acid, ethyl alcohol, cattle feed, bakers yeast, and lysine. The alcohol-based chemicals such as acetic acid, acetone, styrene, and synthetic rubber are produced from cane molasses.
Selected Driving Factors Mentioned in the Full Report:
1.The increasing demand for consumption of sugar in many parts of Thailand is driving the growth of the sugarcane in Thailand.
2.The government regulations play an important role in sugar trading. This factor enhances the demand for sugarcane in Thailand.
3.The use of sugarcane as a source of biomass for biofuel will spur the demand for the Thai sugar industry.
B.Brazil Sugarcane Market
Key Players of the Thailand Sugarcane Market:
The key players of the Thailand Sugarcane Market include Mitr Phoj Group, Thai Roong Ruang Group, TWang Kanai Group and Suphanburi Group. Mitr Phoj Group manufactures and exports sugar for customers in Europe. Thai Roong Ruang Group which is based in Phetchabun, Thailand operates a sugar factory. TWang Kanai Group provides raw sugar, white sugar and brown sugar to local and world markets.
The Thailand Sugarcane Market is Segmented as Below:
The growing demand for consumption of sugar will drive the Thailand Sugarcane Market in the forecast period.
A. Thailand Sugarcane Market By Variety Type
1. Crystallized Sugar
1.1. Single Crystallization Sugar
1.1.1. Demerara, Turbinado
1.1.2. Organic Sugar
1.2.1. Brown Sugar Muscovado
1.2.2. Confectioners’ Sugar
1.2.3. Liquid Sugar
2. Double Crystallization Sugar
2.1. White Sugar
2.2. Non-Crystallized Sugar
3. Whole Cane Sugar
1. Mitr Phoi Group
2. Thai Roong Ruang Group
3. Thai Ekalak Group (KTIS)
4. Tamaka Group (KSL)
5. Korach Group
6. Rerm Udom Group
7. Wang Kanai Group
8. Suphanburi Group
9. Banpong Group
10. Kumpawapi Group
11. Kam Pang Petch Co.,Ltd
12. Thai Kanchanaburipany Profiles
13. Company 15+
What can you expect from the report?
The Thailand Sugarcane Market Report is prepared with the main agenda to cover
the following points:
1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
Any other major customizations can be discussed with our team and can provide a separate quote based on your requirements. You can drop an e-mail to [email protected] to discuss more about our consulting services.
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