NAICS Code 11193 - Sugarcane Farming

NAICS 11193 - Sugarcane Farming

NAICS 11 - Agriculture, Forestry, Fishing and Hunting
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 111 - Crop Production
  NAICS 111 - Crop Production NAICS 112 - Animal Production NAICS 113 - Forestry and Logging NAICS 114 - Fishing, Hunting and Trapping NAICS 115 - Support Activities for Agriculture and Forestry
  - NAICS 1119 - Other Crop Farming
    NAICS 1111 - Oilseed and Grain Farming NAICS 1112 - Vegetable and Melon Farming NAICS 1113 - Fruit and Tree Nut Farming NAICS 1114 - Greenhouse, Nursery, and Floriculture Production NAICS 1119 - Other Crop Farming
    - NAICS 11193 - Sugarcane Farming
      NAICS 11191 - Tobacco Farming NAICS 11192 - Cotton Farming NAICS 11193 - Sugarcane Farming NAICS 11194 - Hay Farming NAICS 11199 - All Other Crop Farming

This industry comprises establishments primarily engaged in growing sugarcane.

Industry trends:

The sugarcane farming industry (NAICS 11193) is experiencing several key qualitative trends. One prominent trend is the increasing adoption of sustainable and environmentally friendly farming practices. Growers are investing in technologies that reduce water use, enhance soil health, and minimize chemical inputs. This shift is driven by consumer demand for sustainably produced goods and governmental regulations aimed at reducing the environmental impact of agricultural practices.

Additionally, there is a rise in the use of precision agriculture technologies. Farmers are leveraging data analytics, GPS mapping, and IoT devices to optimize crop yields and resource usage. These technologies enable more precise application of water, fertilizers, and pesticides, leading to cost savings and improved crop productivity.

Another trend is the diversification of end-products derived from sugarcane. Beyond traditional sugar production, there is growing interest in using sugarcane for bioenergy, such as ethanol production, and bioplastics, aligning with the global shift toward renewable resources and circular economy models.

Looking ahead, the near future forecasts suggest continued expansion in sustainable practices and technology adoption within sugarcane farming. Market demand for eco-friendly products will likely drive this trend further, prompting even more investment in innovative farming techniques. Moreover, the integration of digital agriculture solutions is expected to accelerate, providing farmers with more tools to enhance efficiency and reduce costs.

This industry is comprised of:

Cane farming, sugar, field production

Sugarcane farming, field production

Explore related industries:

NAICS 31131 - Sugar Manufacturing NAICS 44523 - Fruit and Vegetable Markets NAICS 42248 - Fresh fruit and vegetable wholesalers

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.