Major Group SIC 2062 - Cane Sugar Refining

SIC 2062 - Cane Sugar Refining

SIC 20 - Food And Kindred Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 206 - Sugar And Confectionery Products
  SIC 201 - Food And Kindred Products SIC 202 - Dairy Products SIC 203 - Canned, Frozen, and Preserved Fruits, Vegetables, and Food Specialties SIC 204 - Grain Mill Products SIC 205 - Bakery Products SIC 206 - Sugar And Confectionery Products SIC 207 - Fats And Oils SIC 208 - Beverages SIC 209 - Miscellaneous Food Preparations and Kindred Products
  - SIC 2062 - Cane Sugar Refining
    SIC 2061 - Cane Sugar, Except Refining SIC 2062 - Cane Sugar Refining SIC 2063 - Beet Sugar SIC 2064 - Candy And Other Confectionery Products SIC 2066 - Chocolate And Cocoa Products SIC 2067 - Chewing Gum SIC 2068 - Salted And Roasted Nuts And Seeds

Establishments primarily engaged in refining purchased raw cane sugar and sugar syrup.

Industry trends:

The cane sugar refining industry, classified under NAICS 2062, has been experiencing several qualitative trends driven by consumer preferences, technological advancements, and regulatory changes. A significant trend is the rising demand for organic and non-GMO cane sugar products, which reflects consumers' growing preference for natural and sustainably sourced ingredients. This shift is pushing refineries to adopt more eco-friendly and transparent production practices.

There is also a noticeable trend towards reducing carbon footprints and enhancing energy efficiency in production processes. Refineries are investing in green technologies and cleaner energy sources to meet environmental regulations and improve their sustainability credentials. Digital transformation is another key trend, with the adoption of advanced data analytics, IoT, and automation to optimize refining operations, increase yield, and reduce operational costs.

Looking ahead, the industry is expected to see continued growth in demand for specialty and value-added sugar products such as low-calorie and alternative sweeteners. These products cater to health-conscious consumers seeking to reduce their sugar intake. Additionally, the export market for refined cane sugar is projected to expand, driven by increasing global demand, particularly in emerging markets.

Overall, the cane sugar refining industry is poised for a transformative period characterized by innovation, sustainability, and diversification of product offerings, aligning closely with evolving consumer behaviors and regulatory landscapes.

This industry is comprised of:

Molasses, blackstrap: made from purchased raw cane sugar or sugar

Refineries, cane sugar

Sugar, granulated: made from purchased raw cane sugar or sugar

Sugar, invert: made from purchased raw cane sugar or sugar syrup

Sugar, powdered: made from purchased raw cane sugar or sugar

Sugar, refined: made from purchased raw cane sugar or sugar syrup

Syrup, made from purchased raw cane sugar or sugar syrup

Explore related industries:

SIC 0133 - Sugarcane And Sugar Beets SIC 2121 - Cigars SIC 3334 - Primary Production Of Aluminum

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