5 Most Consumed Crops in the World

1. Sugarcane 

Global Consumption in 2021/2022 Crop Year: 1.966 billion tons 

Sugarcane is the world’s most consumed crop, whose global consumption in the 2021/2022 crop year reached 1.966 billion tons. Sugarcane consumption is concentrated in Asia and Latin America, owing to the crop’s preference for warm climates. As a principal source of sugar, sugarcane represents 80% of global sugar production and hence, is crucial for the global sugar market of $67 billion. Currently, Brazil is the largest producer of sugarcane, while India is the crop’s largest consumer. Furthermore, sugarcane is a key player in the spirits industry in the Caribbean, where it is the main ingredient in rum production.

Keep your financial knowledge sharp and your investments smarter with Insider Monkey. With our newsletter, you gain direct access to industry insights and critical happenings shaping the world of finance – hit the ‘subscribe’ button now. Wheat is the 3rd biggest crop in the world and, consequently, is consumed massively. Learn more about the key players in the global wheat market by reading 20 Countries That Produce the Most Wheat and 20 Countries with the Highest Wheat Consumption.