Sugarcane Production as a Veritable Lucrative Business
Date Posted: 2022-10-27 08:53:00
 (1)_1666860780.jpg)
Although its widespread consumption is well established, few are aware of the unique combination of qualities found in Sugarcane. The crop is unique among crops in terms of fecundity and popularity, and its most consumed product, sucrose sugar, supplements the diets of nearly every household worldwide.
Sugarcane germinates and reproduces more units per plant than any other crop known to man, producing up to 6,500 tonnes per square kilometer. Such a feat is unrivaled by any grown crop in the world. A ton of sugar cane is enough to produce 120kg of sugar, 38kg of molasses, and 36kg of filter mud. Additionally, from the same ton, an additional 250 kg bagasse, 60 kg straw, and 100 kg tops are possible extractions.
Sugarcane accounts for more than 79% of global sugar production, with the rest coming from sugar beets. The US has the highest per capita sugar consumption, with analysts estimating that the average American consumed 126.4 g of sugar per day in 2016. As a result, 120 kg of sugar (from one ton of sugar cane) can feed 949 people per day. So, 6,500 tonnes can feed approximately 6,178,000 people, implying that a square kilometer of sugarcane plantation can meet the daily sugar needs of more than 6.1 million people in the United States of America.
Sugarcane production significantly surpasses that of all other crops. In 2020, global sugarcane production was expected to be around 1.9 billion metric tons. This was the year's highest crop output statistic.
Brazil, the world's biggest sugarcane producer, cultivates and harvests around 746 million tons of sugar cane per year. This amount represents almost 40% of global sugar cane production. India, which ranks second on the list, produces 376.9 million tons of sugar cane every year. China, the world's third largest producer of sugarcane, produces approximately 108.7 million tons per year. A typical Brazilian farmer can harvest up to 3,500 kg of sugar cane per season.
Sugarcane production generates some of the highest agricultural revenue, with the market valued at $87.3 billion in 2016 and ranking eighth on the list of crops with the highest gross production value. It is also the tenth most profitable agricultural product, trailing cannabis, coca, opium, tomato, grape, potato, vegetables, tobacco, and sugar beets in terms of profitability. Sugarcane earns an average of $262,000 per season. This profit is greater than what a farmer could earn from growing beans, rapeseed, soybeans, maize, and barley.
The widespread use of sugarcane and its related byproducts offers processors other sources of income. Sugar cane harvest residue is used as improvised pasture to feed cattle. This residue became important in animal husbandry since it was used to supplement the chopped cane that is a staple in ruminant nutrition. Molasses, a more commercial by-product, is a crucial component in the creation of milk. Other useful materials utilized as biofuels to produce thermal energy for home and industrial purposes are bagasse and straw.
The remarkable properties of sugar cane mentioned above imply to investors a chance for a good return on their investments. Sugarcane's fecundity property suggests a smaller hectarage needed for crop cultivation. This decreased land use indicates cost optimization throughout the board. On the other side, the popularity property predicts sales of huge manufacturing units. Therefore, even at a high price, sugar cane producers might make significant income and, as a result, respectable profits.
Every household regularly consumes products that are made from sugarcane. Even over a large area of land, the crop tends to yield in tremendous quantities. It generates a lot of revenue and incredible profit. The world's most productive and well-known crop must therefore become the focus of both businesses and individuals.
Useful Links
https://www.statista.com/statistics/535219/global-sugar-per-capita-consumption-by-country/
https://www.atlasbig.com/en-gb/countries-by-sugarcane-production
https://worldpopulationreview.com/countries
https://en.wikipedia.org/wiki/List_of_most_valuable_crops_and_livestock_products
https://www.visualcapitalist.com/the-worlds-most-valuable-cash-crop/
https://www.britannica.com/plant/sugarcane
https://en.wikipedia.org/wiki/Sugarcane#Production
Similar Blog Posts
The horticulture industry in Kenya exports over 200,000 tonnes of flowers annually, valued at $900 million. Extracts fro
According to Visual Capitalist, China, UAE, and India have had a 1% share of Africa’s total export value since 2010. T
Cashews, known for their delightful taste and nutritional value, are not just a popular snack; they are also a burgeonin