SUGAR CONSUMPTION SET TO RISE 1.2% ANNUALLY THROUGH 2034 – LEARN MORE

Global sugar demand is expected to increase by 1.2% annually over the next ten years, reaching 202 million tons by 2034, fueled by population growth and higher incomes, particularly in Asia and Africa. A joint OECD-FAO report indicates that Asia will account for 64% of this growth, while Africa will account for 29%, with key drivers including India, China, Indonesia, and Pakistan in Asia, as well as sub-Saharan African nations. Worldwide production is forecast to rise to 205 million tons, with Asia producing 63% and Latin America supplying 24% of the total.
Source: Jornal Cana (*Translated by Ia Niani)