News

Demand for industrial sugar in Vietnam with the food and beverage processing industry

Sugar
Alcoholic Beverage
Vietnam
Published Sep 8, 2023

Tridge summary

Vietnam's sugar industry is facing challenges with self-control and a shortage of sugarcane supply to meet the growing demand for sugar in the food and beverage processing sector. The sugarcane cultivation area has decreased over the years due to farmers switching to more profitable crops, leading to a decrease in sugarcane output. The demand for industrial sugar from food processing factories is expected to increase in the coming years, with businesses planning to expand their scale and develop new products.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Vietnam's sugar industry is still facing the problem of self-control in the raw material area and a shortage of sugarcane supply to meet the increasing demand for sugar in the country, especially in the field of food and beverage processing. According to the report "Assessment of industrial sugar demand in Vietnam from a survey of food processing factories" (*), the picture of the current situation of industrial sugar supply and consumption demand of processing enterprises Food and drink will now be clarified. Domestic supply from manufactured and imported sugar According to data from the Ministry of Agriculture and Rural Development, the total area of sugarcane cultivation in the 2021/22 crop is 146,938 ha, down 3.9% compared to the 2020/21 crop. 152,891 hectares. The average sugarcane yield in the 2021/22 crop is 64.6 tons/ha, an increase of 2.5% compared to the 2020/21 crop of 63.0 tons/ha, the sugarcane output in the 2021/22 crop is 9,496,358 tons, down 1. .4% compared to ...
Source: Vinanet
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.