briefly explain the sugar industry
Answers
Explanation:
The sugar industry subsumes the production, processing and marketing of sugars (mostly saccharose and fructose). Globally, most sugar is extracted from sugar cane (~80 % predominantly in the tropics) and sugar beet (~ 20%, mostly in temperate climate like in the U.S. or Europe).
Sugar is used for soft drinks, sweetened beverages, convenience foods, fast food, candy, confectionery, baked products, and other sweetened foods.
Sugar subsidies have driven market costs for sugar well below the cost of production. As of 2018, 3/4 of world sugar production was not traded on the open market. The global market for sugar and sweeteners was some $77.5 billion in 2012, with sugar comprising an almost 85% share, growing at a compound annual growth rate of 4.6%.[1]
Globally in 2018, around 185 million tons of sugar was produced, led by India with 35.9 million tons, followed by Brazil and Thailand.[2] There are more than 123 sugar-producing countries, but only 30% of the produce is traded on the international market.
Answer:
The sugar industry is the second largest agro based industry of India after the cotton textile industry. India ranks first in the sugarcane production and second in sugar production or export after Cuba in the world .
Explanation:
The industry employs about 3 lakh people . A little surplus is left for export as a major part is consumed locally. To increase the production, efforts are being made to increase sugarcane production, expand the manufacture of mill machinery and set up co-operative sector factories.