World sugar production will exceed 200 million tons in a decade

This is reported by the Ukrtsukor National Agricultural Research Service with reference to the OECD-FAO forecast for 2024-2033. At the same time, the expected volume of sugar consumption in 2033 will reach 198.3 million tons, compared to 177.9 million tons forecast for 2024. According to the forecasts of international analysts, by 2033, sugar cane will account for more than 85% of the total volume of sugar production in the world, and Brazil will strengthen its position as the world's largest producer due to increased investment in the industry, as well as an increase in the area and yield of cane. Increased productivity, including through improved varietal composition and higher extraction rates, will help increase sugar production in India and Thailand, with relatively unchanged planted areas. In Africa, sugarcane production in the main producing country, South Africa, is expected to expand thanks to government support measures, including financial assistance to farmers, as well ...