In 2016, the global Sorghum Seeds Market had a value of around USD 8.2 billion, which is expected to reach USD 11 billion by 2026. This report provides an in-depth analysis of various essential factors such as market size, share, demand, growth, gross profits, earnings, and revenue, which will help evaluate the future growth of the industry. The report utilizes data from 2016 and 2017 to provide a comprehensive view of the industry's trends and predicts its potential growth from 2019 to 2026, taking 2018 as the base year.
Sorghum is one of the top five cereal crops in the world and can be grown as a sweet crop or a grain. Most of its species are utilized for grain production, while some are used for fodder and other purposes. It is grown in warmer regions worldwide or is found growing naturally in pastures. The crop is considered high-energy and has a high tolerance for drought, soil toxicities, and high altitude.
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Top Companies Operating in the Global Sorghum Seeds Market Report:
- Dyna-Gro Seed (Loveland Products Inc.)
- Dow AgroSciences
- Advanta Seeds Pty Ltd.
- Monsanto Company
- KWS SAAT SE & Co. KGaA
- Nufarm
- Proline Seeds Company
- Heritageseeds
- Allied Seed LLC
- Sustainable Seed Company
- Blue River Organic Seeds
- Safal Seeds
- Seed Co Ltd
- National Sorghum Producers (USA)
- National Sweet Sorghum Producers & Processors Assn (USA)
- SHRI LAL MAHAL Group
- SORGHUM SA
- Mabele Fuels
- Richardson Seeds
- DuPont
Market Overview:
In the food and beverage sector, all businesses involved in the processing, packaging, or distribution of raw food materials are included. In addition to medications, this industry touches all human-made products, including fresh and packaged meals, alcoholic and nonalcoholic beverages.
Since the Covid-19 outbreak has caused a financial depression, consumers are trying to conserve their money as much as possible. To do this, consumers are buying more generic things and cooking their own meals instead of eating out. In order to reduce the cost of goods sold, attract more customers, and increase profit margins, food processing companies are becoming more creative.
As a result of obesity, the global food and beverage industry is experiencing tremendous growth. As consumers' desire for healthy foods has increased, so has their demand for more detailed nutrition data. Both of these changes have caused companies to launch lower-calorie foods and tighten their control over how their brands are perceived.
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The global Sorghum Seeds Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Market segment based on Type:
- Grain Sorghum
- Forage Sorghum
- Biomass Sorghum
- Sweet Sorghum
Market segment based on Application:
- Human Food
- Livestock Feed
- Ethanol and Biofuel
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