Sorghum and Sorghum Seeds Market by Application and Major Key Players Such as National Sweet Sorghum Producers & Processors Assn, National Sorghum Producers, Sorghum Forum Of South Africa, Shri Lal Mahal Group, Richardson Seeds.

Sorghum is a versatile crop, which belongs to the grass family Poaceae. Sorghum can be grown as a forage, grain, or sweet crop and is among the most efficient crops in conversion of solar energy into chemical energy, use of water, and is known as a drought tolerant, high energy environmentally friendly crop. Several species of sorghum is grown for grains while other species are used as fodder plants, which is either naturally grown in pasture lands or is cultivated in large areas. Depending upon the variety of sorghum species, it can be used for grazing pasture, hay production, and green chop. Forage sorghum is the most popular species, which is widely used as silage for livestock feeding.

Biomass sorghum species are widely used in the production of bioenergy worldwide. Sweet sorghum is primarily cultivated for producing sorghum syrup to be used as a healthy alternative sweetener for alcoholic beverages and for chemical production and biofuel.

Increase in demand for sorghum as an alternative sweetener for various alcoholic beverages is one of the key factors that drives the growth of the market. Also being a versatile crop, sorghum is used in various rapidly growing markets such as fencing, floral arrangements, pet food, building material, and others, which is another factor that drives the growth of the global sorghum and sorghum seeds market. Moreover, increase in demand for biofuel and rise in prices of crude oil and fossil fuels is further anticipated to bolster the demand for biomass sorghum during the forecast period. However, increase in number of alternatives as well as changes in consumer preference might hamper the market growth.

Download report sample at: https://www.alliedmarketresearch.com/request-sample/3814?utm_source=as_opr

The sorghum and sorghum seeds market was valued at $8,279 million in 2016, and is projected to reach $10,591 million by 2023, growing at a CAGR of 3.6% from 2017 to 2023. The grain sorghum segment accounted for nearly half of the global market in 2016.

In 2016, Asia-Pacific and LAMEA collectively accounted for nearly 70% of the global market, in terms of volume, and are expected to continue this trend during the forecast period, owing to increase in demand for gluten free food, especially in China, India, Brazil, and other developing countries. Moreover, development of the livestock feed industry, increase in per capita income, and growth in overall consumer expenditure drive the growth of the LAMEA market.

For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/3814?utm_source=as_opr

The major companies profiled in the report include National Sweet Sorghum Producers & Processors Assn, National Sorghum Producers, Sorghum Forum Of South Africa, Shri Lal Mahal Group, Richardson Seeds, Mabele Fuels, Advanta Seeds US, DuPont, Archer Daniels Midland, and Ingredion.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.