Global sorghum market is expected to display enormous growth in the forthcoming years. Sorghum is cultivated abundantly in warm climates or naturally grown in grazing lands. It is a top crop and one of the best five cereals cultivated globally. Sorghum has wide usages right from alcoholic beverages to fencing, pet food, floral arrangements and building material. Sorghum essentially has played a substitute in many applications that offers healthier products by genetically engineered crop seeds. Drivers to growth of sorghum market include sorghum’s use in pet food industry and the catalyst that it provides in acting as substitutes for other foods.
It is immune to drought conditions and is a high-energy environment friendly crop. It can be grown as a sweet crop or grain. Sorghum varieties are planted and grown either as grains or as fodder in expansive cultivation areas or pasture lands. Segmentation of sorghum market by type includes white sorghum, red sorghum and hybrid sorghum. Based on application, sorghum market is divided into flour and cereal, biofuel and ethanol production, syrups, alcoholic beverages and livestock feed. Based on the region, sorghum market is flanked by North America, Europe, Asia Pacific, MEA and Latin America. Forage sorghum finds dedicated use in fodder for livestock and sweet sorghum adds to the bumper productivity by crushing harvested stalks of the crop. North America holds the largest share in the sorghum market and Asia Pacific falls next in line. Europe’s sorghum market is expected to grow at a steady CAGR in the forthcoming years. Africa is one of the countries where government’s promotion is working wonders. This is done by giving seeds to farmers at half the price and fertilizers at commoditized prices with governments support extending across most of Nigeria, Sudan, and Ethiopia. Australia, U.S. and Argentina export to Asia pacific and European countries thus becoming largest exporters of sorghum globally. Egypt, Tanzania, and Uganda have potential to become major customers of sorghum. Companies are entering into joint ventures to live up to the rising demand for sorghum. Investors understanding demand requirements are getting into mergers & acquisitions to keep pace with strong investor relations in face of high sorghum demands. The key players in the sorghum market include Mabele Fuels, Sorghum Seeds of South Africa, Richardson Seeds Ltd, Dow Agro Sciences LLC, DuPont Pioneer, and National Sorghum Producers. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/sorghum-market/request-sample Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Sorghum in these regions, from 2012 to 2022 (forecast), covering • North America • Europe • China • Japan • Southeast Asia • India Global Sorghum market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Dyna-Gro Seed
• Dow AgroSciences LLC • Advanta Seeds • Monsanto • KWS • Nufarm • Dupont Pioneer • Chromatin • Proline • Heritage Seeds • Allied Seed • Sustainable Seed Company • Blue River Hybrids • Safal Seeds & Biotech • Seed Co Limited See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/agriculture On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Forage Sorghum • Grain Sorghum • Sweet Sorghum On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Sorghum for each application, including • Food Industry