Sorghum Market, Global Outlook and Forecast 2023-2030
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.
This report aims to provide a comprehensive presentation of the global market for Sorghum, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sorghum. This report contains market size and forecasts of Sorghum in global, including the following market information:
- Global Sorghum Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Sorghum Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Sorghum companies in 2022 (%)
The global Sorghum market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Sorghum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sorghum Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Sorghum Market Segment Percentages, by Type, 2022 (%)
- Grain Sorghum
- Forage Sorghum
- Others
Global Sorghum Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Sorghum Market Segment Percentages, by Application, 2022 (%)
- Human Consumption
- Animal Feed
- Others
Global Sorghum Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Sorghum Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Sorghum revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Sorghum revenues share in global market, 2022 (%)
- Key companies Sorghum sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Sorghum sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Archer Daniels Midland
- Bunge
- Cargill
- Chromatin
- Associated British Foods
- General Mills
- Ingredion
- Sai Agro Exim
- Semo Milling
Outline of Major Chapters:
Chapter 1: Introduces the definition of Sorghum, market overview.
Chapter 2: Global Sorghum market size in revenue and volume.
Chapter 3: Detailed analysis of Sorghum manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Sorghum in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Sorghum capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
