Sorghum & Sorghum Seeds

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OVERVIEW • <strong>Sorghum</strong> is a versatile crop, which belongs to the grass family Poaceae. It is used as human feed and livestock feed and the rest is turned into ethanol. It is a popular crop to grow within the drier regions, since it is drought resistant and shows efficient yields even in regions with scarcity of water. • <strong>Sorghum</strong> is efficient in converting solar energy to chemical energy, and also uses less water compared to other grain crops. Biofuel is produced using sweet and biomass sorghum and is being developed with biomass, which can be turned into syngas, charcoal, and bio-oil. • Increase in demand for gluten free feed is expected to provide lucrative opportunities for the players operating in the global sorghum and sorghum seeds market.
KEY BENEFITS • The biofuel and ethanol segment is anticipated to grow at the highest CAGR during the analysis period. • The human feed application segment accounted for the highest share in the market and is anticipated to maintain its dominance throughout the forecast period growing at a CAGR of 3.8%. • LAMEA is projected to maintain its lead position from 2017 to 2023, growing at a CAGR of 4.3%, in terms of volume. • The grain sorghum segment occupied for nearly half of the total market in 2016. • China occupied for around one-fourths of the Asia-Pacific market in 2016. • In terms of value, South Africa is expected to grow at a significant CAGR of 4.0% during the forecast period.
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Sorghum & Sorghum Seeds