Sugar Industry

WorldдЫЄs supply of sugar takes place from both sugar beet and sugarcane. It is known that the consumption of global sugar shows an increase of two percent every year. Higher margins are generated by the large sugar exporters through domestic sales. Also, there are government interventions which affect the economy of the industry to a large extent. The sugar industry in the United States is the fifth largest in the world. In spite of that, the country is dependent on imports, owing to increasing domestic demands. Sugar is produced in about 110 countries and their governments protect their players by regulating factors like price and production. In the U.S., sugar is produced from both cane and beet. (The U.S. Sugar Program, 10-11). The sugar industry in the U.S. is of utmost importance as