The global sugarcane market size stood at $23.60 billion. During the forecast period 2019â€“2025, the sugarcane market is deemed to grow at a compound annual growth rate (CAGR) of 1.80%.
The Thai sugar industry is highly competitive, both domestically and in the world market. In Thailand, sugarcane is widely cultivated for the production of Sugar.
The cotton fiber is almost pure cellulose.
Sugarcane is also regarded as one of the most efficient source of biomass for bio-fuel. The sugarcane products also come with some by products that are used as a fodder to feed livestock in many countries
soybean market size was between $61,000 million to $62,500 million as of the end of 2018, and the market demand is projected to grow at a CAGR of 3.0% to 4.5% during the forecast period of 2019 to 2025.
The research methodology followed for the report includes the initial segmentation of the market based on type, classifications and geography.
Sugarcane is one of the most important commercial crop and it is the most valuable crop as it is the basic raw material for the manufacture of sugar, ethanol and jaggery.
The global soybean market is projected to grow with a noticeable CAGR of 4%-5% during the forecast period of 2019-2025.
Economic growth, Government policies, Climatic conditions, Price of synthetic fibres, oil prices are some of the key drivers for the cotton production during the period of study.
This report identifies the Root and Tuber Crop market size for the year 2016-2017, and forecast the same for year 2023