Spices are the edible portion of plants that have healing properties and can radically change the flavor and aroma of a cuisine. It is becoming more integrated with wellbeing. The retail food producers have expanded the application of spices and seasonings to match the taste and preferences of the many ethnicities of consumers across the world, propelling the industry ahead. Here, you’ll get deep insights into the global market of spices.
Wheat is one of the most significant food crops, accounting for approximately one-fifth of the global calorie supply. Nearly 19 percent of the world’s wheat output is marketed globally, largely as exports from OECD nations, notably Australia, Canada, the European Union (EU), and the United States, to impoverished countries to meet food requirements.
Vietnam is a beautiful Asian country famous for its luscious rice fields in the north to the vibrant hustle of the Mekong Delta in the south. Vietnam is world-famous for its Agri commodities market.
Agriculture has always been quite important in Vietnam. The Red River delta, the Mekong River delta, and the southern terrace region are the major agricultural areas. The center coastline terrain, which is vulnerable to severe typhoons, is a low-productivity zone.
Wheat is one of the essential crops to humanity as it is a mainstay in everyone’s diet around the world. Wheat is a commonly grown crop whose seed is a cereal grain used as a staple meal globally. In this statistical piece of content, you will get an overview of the world’s top 5 wheat-producing countries in 2020-21.
Thailand (Thai: ประเทศไทย), previously known as Siam and officially as the Kingdom of Thailand, is a Southeast Asian country. You must have known this beautiful country for tropical beaches, opulent royal palaces, ancient ruins, and ornate temples displaying figures of Buddha, but it’s much more than that. Its rising Agri-commodities market has also added glories to its popularity and has brought global fame to the country.
The global sugar trade is around 64 million tons per year. Raw sugar accounts for around 60% of worldwide commerce volumes. Although more than 120 nations produce sugar, the top 5 Sugar Exporting Countries (Brazil, Thailand, India, Australia, and Guatemala) accounted for approximately 70% of global commerce in 2016-18.
Sugar is derived from two major crops: sugarcane and sugar beet, which are grown in various regions across the world. Sugar beet grows best in chilly, wetter climates. There are more than 120 Sugar Producing Nations around the globe.
Sugar is a kind of carbohydrate that the body uses to produce glucose. They are a source of energy for us.
It can be found naturally in some foodstuffs, such as fruits and dairy products, and is also added to a wide range of foods. However, the most common crop used for extracting Sugar used in our daily lives is Sugarcane. It contributes 80% of the World’s Sugar Production.
Benin is a democratic country with a modest domestic market of Agri Commodities. The economy of the nation is highly reliant on economic connections with its neighbors, notably Nigeria.
Benin’s overall macroeconomic circumstances improved in 2017, with a 5.6 percent growth rate.