Global Sorghum Market Growth 2024-2030
Sorghum is a versatile crop which can be used as a grain, forage, or sweet crop. It is one of the top five cereal in the world. Sorghum is believed to have originated in Africa. It has a lower feed quality than maize. The US is the largest producer of sorghum globally. Sorghum contains various nutrients such as carbohydrates, protein, fat, calcium, iron, vitamin B, and niacin. It contains about 10% protein and 3.4% fat. It is used in the production of different products such as edible oil, starch, dextrose, and alcoholic beverages.
The global Sorghum market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Sorghum Industry Forecast” looks at past sales and reviews total world Sorghum sales in 2023, providing a comprehensive analysis by region and market sector of projected Sorghum sales for 2024 through 2030. With Sorghum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sorghum industry.
This Insight Report provides a comprehensive analysis of the global Sorghum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sorghum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sorghum market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sorghum and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sorghum.
During 2017, the human consumption segment accounted for the major shares and dominated the sorghum market. Factors such as the numerous health benefits of sorghum and the use of sorghum flour for cooking will contribute to the growth of this sorghum market share and size in the coming years.
This report presents a comprehensive overview, market shares, and growth opportunities of Sorghum market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Grain Sorghum
Forage Sorghum
Others
Segmentation by application
Human Consumption
Animal Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Archer Daniels Midland
Bunge
Cargill
Chromatin
Associated British Foods
General Mills
Ingredion
Sai Agro Exim
Semo Milling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sorghum market?
What factors are driving Sorghum market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sorghum market opportunities vary by end market size?
How does Sorghum break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.