Sorghum Market: Overview
Milo, commonly referred to as sorghum (Sorghum bicolor), is a significant warm-season crop in the grass family. In the middle of the 18th century, sorghum made its way to the Americas after being domesticated for the first time in northern Africa. The largest production areas are in many African nations and India, where it is largely grown as a food crop and also used to make locally manufactured alcoholic beverages. Sorghum is a significant crop in the United States because it can be used to make biofuels and animal feed. Since sorghum is more resistant of drought than maize, it is frequently chosen as the cereal crop in regions with low rainfall or frequent droughts. Additionally, it can withstand a broad variety of temperatures and high altitudes, as well as some soil toxins.
Growth:
Farmers are becoming more and more interested in cultivating sorghum as a result of its capacity to adapt to dry and hot conditions, which is propelling market expansion. In the past 50 years, the area worldwide cultivated with sorghum has expanded by 66%, according to the Agricultural Marketing Resource Center.
Sorghum seeds are more resilient than other forage crops to drought, toxic soil, and temperature changes. Sorghum seeds produce larger yields than other crops for farmers because they thrive in dry, low-fertility environments. The market is expanding as a result of the substantial output of sorghum-based biofuels.
Due to their high fibre content, which aids in lowering bad cholesterol, enhancing heart health, and preventing a number of cardiovascular ailments, including heart attacks and strokes, the intake of seeds in regular diets is also rising.
Sorghum also has the ability to absorb some of the sugar that we consume, helping to regulate blood glucose levels and is therefore highly advised for those who have diabetes.
Sorghum is also frequently utilised in animal feed because it can offer a sufficient amount of phospholipids in the diet.
To make use of arid territory with scarce water resources, nations all around the world are investing in growing the sorghum seed industry. Similar to this, because of the large profitability of seed sales, the private sector is compelled to invest in sorghum seeds. As a result, the market is developing as sorghum seeds are used more frequently.
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Global Sorghum Market: Major Players
- Associated British Foods
- SEMO Milling
- General Mills
- Chromatin
- Sai Agro Exim
- Dow AgroSciences LLC
- Bunge
- Archer Daniels Midland
- Cargill
- Advanta Seeds
- Dyna-Gro Seed
- Ingredion
- Monsanto
Segmentation:
Global Sorghum Market: Types
- Forage Sorghum
- Grain Sorghum
- Sweet Sorghum
Global Sorghum Market: Applications
- Food Industry
- Feed
- Others
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