Sorghum, a cereal grain belongs to the category of flowering plants of the grass family termed as Poaceae. Sorghum grows tall, similar to corn, and is utilized for a wide range of applications such as human feed, sweetening and livestock feed. Most of the sorghum is used in human and livestock feed and the remaining is transformed into ethanol. Since it is drought resistant, sorghum is generally cultivated within the drier areas, as it shows effective yields in regions with insufficiency of water. A specialized species is cultivated for human feed, while others are grown as fodder plants which is either cultivated in hot climates or naturalized in pasture lands. Sorghum converts solar energy to chemical energy efficiently and uses relatively less water when compared to other grain crops. Biofuel is prepared using biomass and sweet sorghum which can be further converted into charcoal, syngas and bio-oil. The crop is the fifth largest cereal grain in the world. Sorghum cultivation is increasing rapidly since it is a versatile crop which can tolerate soil toxicities, drought and a broad range of altitudes & temperatures.
Sorghum is extensively used in the form of alternative sweetener in alcoholic beverages. Sorghum finds wide range of uses in floral arrangements, fencing, pet food, building material as well as biofuel production. Sorghum is a cheaper alternative for a wide variety of food items which is pushing the sorghum producers to cultivate relatively healthier and cost effective yields which involve the genetic engineering of crop seeds. Outpouring demand for sorghum and sorghum seeds especially from biofuel production and livestock feed is accelerating the overall growth of the market. In addition, rapid increase in the demand from developing economies such as India, China, Indonesia and other African countries owing to speedy urbanization and increase in consumer spending further fuels the market growth. Increase in the use of stem of sorghum plants for fencing purposes as well as increase in the use of sorghum stems in building and construction activities is anticipated to bolster the growth of the global sorghum market. Increasing demand for sorghum for the preparation of artificial additives & sweeteners coupled with cheaper costs in the cultivation of sorghum is driving the overall growth of the global sorghum market.
However, increase in the development of cheaper substitutes as well as shift in consumer preferences are some of the major aspects projected to obstruct the market growth in the foreseeable years. Also, increasing investments in research & development activities to cultivate more efficient yields is projected to tender lucrative opportunities over the forecast period.
On the basis of type, grain sorghum accounts for a major share in the global sorghum market. The increasing demand for sorghum in human feed due to its cheap cost and ease of preparation is driving the overall demand for grain sorghum across the globe. Moreover, on account of rising per capita disposable incomes as well as increasing health consciousness among consumers, the demand for grain sorghum is anticipated to grow over the forecast period.
Asia Pacific is anticipated to be the dominant market owing to rising demand for sorghum from cattle and livestock feed applications. The market for sorghum in Middle East & Africa is primarily driven by rising demand for biofuel and ethanol from industrial applications.
Grain sorghum segment was dominant in the global sorghum market in 2020 and is anticipated to uphold its dominance over the forecast period from 2021 to 2029. This is due to high demand for cheaper and nutritious food products especially among lower middle class population groups. Moreover, increasing awareness among consumers towards the health benefits of sorghum are in turn driving the demand for grain sorghum across the globe. In addition, sorghum offers several health benefits such as less chances of cancer, abundant dietary fiber, increasing bone strength, and preventing anemia. Rising demand for sorghum based beverages such as Baijiu and increasing usage of grain sorghum in the developing Latin American countries such as Colombia and Peru due to its cheap price are some factors driving the demand for grain sorghum in the region. Forage sorghum is expected to account for the second largest share owing to increase in demand for nutritious cattle feed along with rising concerns related to toxicity in grass and other fodder. Also, increasing demand from beef and poultry industry is further anticipated to drive the overall growth of the forage sorghum segment. Additionally, since sorghum is cheap and is easily cultivated even in adverse climatic conditions, forage sorghum is being widely preferred for cattle and livestock feed among hotter regions such as Middle East and Southern Africa. Rising developments of mixed breed forage sorghum as well as increasing demand for stems of forage sorghum for fencing and decoration purposes is further anticipated to bolster the market growth. Additionally, owing to high content of protein, fiber and amino acids as well as rising demand from geriatric population is accelerating the demand for sorghum since it is beneficial in developing muscle size while reducing fat. Various characteristic properties of sorghum such as ease of fermentation and high content of dietary fiber are driving the demand for sorghum in several end use applications.
By application, human feed segment accounted for the largest share in the global sorghum market in 2020 and expected to maintain its dominance over the forecast period. The market is mainly driven by several health benefits offered by sorghum such as high dietary fiber content, high protein content and ease of digestion. Moreover, high efficiency of sorghum in building muscle mass further fuels the market growth. Sorghum seeds are broadly utilized in protein powders, nutrition bars and specialized edible flour. Several factors such as increase in demand for sorghum based beverages such as baijiu, rapid urbanization and increasing consumer preference for cheaper and nutritious grains are expected to bolster the overall growth. Also, increasing usage of sorghum as alternative sweetener especially in alcoholic beverages is a key aspect driving the global sorghum market. Biofuel segment is anticipated to grow at a significant CAGR owing to increase in usage of sweet sorghum in the preparation of biofuel and syngas. Moreover, increasing demand for packaged sorghum flour and rising demand for sorghum stems especially for fencing and other construction purposes are further anticipated to boost the overall demand for sorghum over the forecast period.
Asia Pacific is projected to be the most lucrative region in the global sorghum market on account of rise in per capita disposable incomes in several developing economies coupled with increasing consumer spending. Since sweet sorghum is widely used in the production of ethanol, countries such as India and China, which are the chief exporters and consumers of ethanol are expected to bolster the overall demand in the region. Moreover, increasing awareness among consumers towards healthier and cheaper grain crops, rapid urbanization in India and China as well as increasing number of cattle and livestock farms along with rise in the overall population are some other major factors driving the demand for sorghum in the region. Rapid growth of the animal husbandry sector especially in rural areas of Asia-Pacific and changing food habits of consumers are further driving the overall demand. Since biomass sorghum is utilized in the production of biogas, increasing demand for environmentally and greener fuels is projected to drive the overall demand. Sorghum is one of the major and native crops of African region, thus increase in the consumption of grain sorghum especially among the lower middle class population group is projected to drive the Middle East & Africa sorghum market. Sorghum Versatility of sorghum provides it the resistance to penetrate beyond the traditional markets which further enhances the overall crop productivity. Furthermore, Latin America sorghum market is expected to witness a considerable growth due to increasing use of sorghum in plant protein ingredients industry as well as rising demand from the chemical industry. However, fluctuating prices and demand for other alternative grain crops in developed countries such as Brazil and Argentina might hamper the market growth.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
This product will be delivered within 2 business days.
Sorghum is extensively used in the form of alternative sweetener in alcoholic beverages. Sorghum finds wide range of uses in floral arrangements, fencing, pet food, building material as well as biofuel production. Sorghum is a cheaper alternative for a wide variety of food items which is pushing the sorghum producers to cultivate relatively healthier and cost effective yields which involve the genetic engineering of crop seeds. Outpouring demand for sorghum and sorghum seeds especially from biofuel production and livestock feed is accelerating the overall growth of the market. In addition, rapid increase in the demand from developing economies such as India, China, Indonesia and other African countries owing to speedy urbanization and increase in consumer spending further fuels the market growth. Increase in the use of stem of sorghum plants for fencing purposes as well as increase in the use of sorghum stems in building and construction activities is anticipated to bolster the growth of the global sorghum market. Increasing demand for sorghum for the preparation of artificial additives & sweeteners coupled with cheaper costs in the cultivation of sorghum is driving the overall growth of the global sorghum market.
However, increase in the development of cheaper substitutes as well as shift in consumer preferences are some of the major aspects projected to obstruct the market growth in the foreseeable years. Also, increasing investments in research & development activities to cultivate more efficient yields is projected to tender lucrative opportunities over the forecast period.
On the basis of type, grain sorghum accounts for a major share in the global sorghum market. The increasing demand for sorghum in human feed due to its cheap cost and ease of preparation is driving the overall demand for grain sorghum across the globe. Moreover, on account of rising per capita disposable incomes as well as increasing health consciousness among consumers, the demand for grain sorghum is anticipated to grow over the forecast period.
Asia Pacific is anticipated to be the dominant market owing to rising demand for sorghum from cattle and livestock feed applications. The market for sorghum in Middle East & Africa is primarily driven by rising demand for biofuel and ethanol from industrial applications.
Grain sorghum segment was dominant in the global sorghum market in 2020 and is anticipated to uphold its dominance over the forecast period from 2021 to 2029. This is due to high demand for cheaper and nutritious food products especially among lower middle class population groups. Moreover, increasing awareness among consumers towards the health benefits of sorghum are in turn driving the demand for grain sorghum across the globe. In addition, sorghum offers several health benefits such as less chances of cancer, abundant dietary fiber, increasing bone strength, and preventing anemia. Rising demand for sorghum based beverages such as Baijiu and increasing usage of grain sorghum in the developing Latin American countries such as Colombia and Peru due to its cheap price are some factors driving the demand for grain sorghum in the region. Forage sorghum is expected to account for the second largest share owing to increase in demand for nutritious cattle feed along with rising concerns related to toxicity in grass and other fodder. Also, increasing demand from beef and poultry industry is further anticipated to drive the overall growth of the forage sorghum segment. Additionally, since sorghum is cheap and is easily cultivated even in adverse climatic conditions, forage sorghum is being widely preferred for cattle and livestock feed among hotter regions such as Middle East and Southern Africa. Rising developments of mixed breed forage sorghum as well as increasing demand for stems of forage sorghum for fencing and decoration purposes is further anticipated to bolster the market growth. Additionally, owing to high content of protein, fiber and amino acids as well as rising demand from geriatric population is accelerating the demand for sorghum since it is beneficial in developing muscle size while reducing fat. Various characteristic properties of sorghum such as ease of fermentation and high content of dietary fiber are driving the demand for sorghum in several end use applications.
By application, human feed segment accounted for the largest share in the global sorghum market in 2020 and expected to maintain its dominance over the forecast period. The market is mainly driven by several health benefits offered by sorghum such as high dietary fiber content, high protein content and ease of digestion. Moreover, high efficiency of sorghum in building muscle mass further fuels the market growth. Sorghum seeds are broadly utilized in protein powders, nutrition bars and specialized edible flour. Several factors such as increase in demand for sorghum based beverages such as baijiu, rapid urbanization and increasing consumer preference for cheaper and nutritious grains are expected to bolster the overall growth. Also, increasing usage of sorghum as alternative sweetener especially in alcoholic beverages is a key aspect driving the global sorghum market. Biofuel segment is anticipated to grow at a significant CAGR owing to increase in usage of sweet sorghum in the preparation of biofuel and syngas. Moreover, increasing demand for packaged sorghum flour and rising demand for sorghum stems especially for fencing and other construction purposes are further anticipated to boost the overall demand for sorghum over the forecast period.
Asia Pacific is projected to be the most lucrative region in the global sorghum market on account of rise in per capita disposable incomes in several developing economies coupled with increasing consumer spending. Since sweet sorghum is widely used in the production of ethanol, countries such as India and China, which are the chief exporters and consumers of ethanol are expected to bolster the overall demand in the region. Moreover, increasing awareness among consumers towards healthier and cheaper grain crops, rapid urbanization in India and China as well as increasing number of cattle and livestock farms along with rise in the overall population are some other major factors driving the demand for sorghum in the region. Rapid growth of the animal husbandry sector especially in rural areas of Asia-Pacific and changing food habits of consumers are further driving the overall demand. Since biomass sorghum is utilized in the production of biogas, increasing demand for environmentally and greener fuels is projected to drive the overall demand. Sorghum is one of the major and native crops of African region, thus increase in the consumption of grain sorghum especially among the lower middle class population group is projected to drive the Middle East & Africa sorghum market. Sorghum Versatility of sorghum provides it the resistance to penetrate beyond the traditional markets which further enhances the overall crop productivity. Furthermore, Latin America sorghum market is expected to witness a considerable growth due to increasing use of sorghum in plant protein ingredients industry as well as rising demand from the chemical industry. However, fluctuating prices and demand for other alternative grain crops in developed countries such as Brazil and Argentina might hamper the market growth.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sorghum market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Sorghum market and their expected impact during the forecast period.
Market Segmentation
Type
- Biomass Sorghum
- Forage Sorghum
- Grain Sorghum
- Sweet Sorghum
Application
- Biofuel
- Human Feed
- Livestock Feed
- Others (fencing, ethanol, building material etc.)
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Sorghum market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Sorghum market?
- Which is the largest regional market for Sorghum market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Sorghum market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Sorghum market worldwide?
This product will be delivered within 2 business days.
Table of Contents
1. Preface
2. Executive Summary
3. Sorghum Market: Business Outlook - Market Dynamics
4. Sorghum Market: By Type, 2020-2030, USD (Million)
5. Sorghum Market: By Application, 2020-2030, USD (Million)
6. North America Sorghum Market, 2020-2030, USD (Million)
7. UK and European Union Sorghum Market, 2020-2030, USD (Million)
8. Asia Pacific Sorghum Market, 2020-2030, USD (Million)
9. Latin America Sorghum Market, 2020-2030, USD (Million)
10. Middle East and Africa Sorghum Market, 2020-2030, USD (Million)
11. Company Profile
List of Figures
List of Tables
Companies Mentioned
- National Sorghum Producers
- Shri Lal Mahal Group
- National Sweet Sorghum Producers & Processors Assn
- Richardson Seeds
- Sorghum Forum of South Africa
- Advanta Seeds US
- Mabele Fuels
- Archer Daniels Midland
- DuPont
- Ingredion.
