Final answer:
The intestines are responsible for absorbing digested food and sugars into the bloodstream, with the liver processing them, and the pancreas regulating blood sugar levels.
Step-by-step explanation:
The component of the digestive system that soaks up food/sugar and releases it into the bloodstream is the intestines. The small intestine is the site of most chemical digestion and almost all absorption of nutrients, including sugars. Once digested, nutrients are absorbed through the intestinal walls into the blood. This nutrient-rich blood is then collected by veins that link to the hepatic portal system, which delivers it to the liver. The liver processes or stores nutrients for later use. Insulin, a hormone produced by the pancreas, regulates the absorption of sugar (glucose) into the bloodstream.