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.
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 market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the sorghum market. This is mainly due to the presence of countries such as China and India that are the primary importers and consumers of sorghum for either consumption or for the production of ethanol.
In 2019, the market size of Sorghum is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sorghum.
This report studies the global market size of Sorghum, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Sorghum production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Archer Daniels Midland
Bunge
Cargill
Chromatin
Associated British Foods
General Mills
Ingredion
Sai Agro Exim
Semo Milling
Market Segment by Product Type
Grain Sorghum
Forage Sorghum
Sweet Sorghum
Market Segment by Application
Human Consumption
Animal Feed
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Sorghum status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Sorghum manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Sorghum are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Sorghum. Industry analysis & Market Report on Sorghum is a syndicated market report, published as Global (United States, European Union and China) Sorghum Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Sorghum market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.