Sorghum Seed Market Is Driven By Growing Demand For Green Fuel Across The Globe
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Sorghum is considered as a staple crop in certain countries such as India and Africa, and is considered to be fifth most important cereal crop in the world. Sorghum seed is used as a grain alternative, that is beneficial for individuals with autoimmune disorders and gluten intolerance. Sorghum is found in 30 different species among which only one is used for human consumption and others are used as fodder plants for animals. The sorghum is widely used for food and producing sorghum syrup, and sorghum molasses. This gluten-free grain is widely used in making cakes, flatbreads, and porridge. These are used in production of alcoholic beverages and biofuels across the globe.
Additionally, the crop yield is efficient as it is drought resistant and can be grown in the region with scarcity of water and high altitudes. The adoption of sorghum as a gluten-free and nutritious option for baked products is increasing. Growing awareness among consumers regarding sorghum seeds and its health benefits is leading to high consumption of sorghum seed. Moreover, government across various regions are taking initiatives to promote sorghum production owing to rising demand for these seeds in production of biofuels in developed and developing countries. Growing bakery products industry, especially, in developed regions such as North America and Europe, can have a positive impact of demand for sorghum seeds in the years to come.
There are three types of sorghum seeds such as forage sorghum seed, grain sorghum seed, and sweet sorghum seed. Among these three types, the sweet sorghum seeds are seen to be in high demand as compared to other types of seeds. Growing demand for alcoholic beverages such as Rum, Whisky, among others, and green fuel across the globe has increased adoption of sweet sorghum. Sorghum has various healthcare benefits such as it helps to repair muscle and build body. Sorghum seeds are widely used in applications such as sorghum planting and sorghum breeding. The application of sorghum seed is increasing due to growing demand for cheaper and healthier livestock feed and rising demand for biofuel. Moreover, rapidly increasing need for renewable resources, and increasing government initiatives such as subsidies in certain countries to adopt biofuels in order to reduce dependency on depleting fossil fuels, is going to have a positive impact on demand for sorghum seeds in the years to come.
$ 8,903.2 Mn
- By Type
- By Region
- By Application
$ XXXX Mn
Sorghum is used in ethanol production, hence demand for ethanol as biofuel is increasing, especially in North America. Demand for the crop as feed livestock in China and making liquor of sorghum is increasing rapidly, owing to growing popularity and increasing awareness about its benefits among the consumers in China. Increasing focus on crop breeding by government and manufacturers of various countries can create significant revenue opportunities for the manufacturers operating in the market globally.
Some of the key players operating in the target market include Advanta Seeds, Monsanto, KWS, Nufarm, Dupont, Pioneer, Chromatin, Dyna-Gro Seed, Proline, Heritage Seeds, Allied Seed, Sustainable Seed Company, Blue River Hybrids, Safal Seeds & Biotech, and Seed Co Limited. The global sorghum market is fragmented because of presence of large number of players in the market.
Steven Burnett has over 15 years of experience spanning a wide range of industries and domains. He has a flair for collating statistical data through extensive research practices, and is well-versed in generating industry-specific reports that enables his clients to better comprehend a market’s landscape and aid in making well-informed decisions. His hobbies include playing football and the guitar.