Current Situation and Trends in Thailand's Sugarcane Sector
Thailand's sugarcane industry plays a key role in the nation's economy and agricultural sector, facing significant challenges including climate change, market fluctuations, and environmental concerns. To overcome these challenges, the industry is innovating through the development of droug...
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Published in | Sugar tech : an international journal of sugar crops & related industries Vol. 26; no. 4; pp. 1088 - 1095 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
New Delhi
Springer India
01.08.2024
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Subjects | |
Online Access | Get full text |
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Summary: | Thailand's sugarcane industry plays a key role in the nation's economy and agricultural sector, facing significant challenges including climate change, market fluctuations, and environmental concerns. To overcome these challenges, the industry is innovating through the development of drought-resistant sugarcane varieties and the adoption of precision agriculture techniques, aimed at enhancing yield and sustainability. Additionally, the sector is diversifying its output by venturing into the production of biofuels, bioplastics, and other bio-based materials, as well as high-value-added products for cosmetic and medical purposes. This strategic diversification is designed to reduce reliance on traditional sugar exports and foster new economic opportunities. Furthermore, the implementation of the Bio-Circular-Green (BCG) model policy is transforming the industry. This model facilitates the conversion of sugarcane into various valuable by-products, promoting resource efficiency and waste reduction. Emphasizing environmental stewardship, economic viability, and social responsibility, the BCG model ensures that the sugarcane industry remains a key to sustainable success of Thailand’s sustainable development strategy. |
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ISSN: | 0972-1525 0974-0740 |
DOI: | 10.1007/s12355-024-01457-2 |