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Guyana\'s sugar industry: The global context
2014-01-20 07:38:57| Sugar Industry News
Examining the last century or so of the industrial life cycle of Guyana\'s sugar industry, it is observed that the period up to the late 1960s and early 1970s marked the phase of its maturity. More or less, thereafter, the period of its decline commenced, leading to what I have termed as its point of no return today. In stark contrast, over the last century or so, the global sugar industry has enjoyed a period of vigorous growth. Presently it has morphed into a global sweetener industry, whose principal components are 1) sugar (cane and beet); 2) other caloric sweeteners (principally high fructose corn syrup, HFCS or, isoglucose as it is known in Europe); and 3) non-caloric sweeteners (for example aspartame, splenda and truvia).
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