Forage Sorghum Seed Market Size

Statistics for the 2023 & 2024 Forage Sorghum Seed market size, created by Mordor Intelligence™ Industry Reports. Forage Sorghum Seed size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Forage Sorghum Seed Industry

forage-sorghum-seed-market_Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 7.60 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Need a report that reflects how COVID-19 has impacted this market and its growth?

Forage Sorghum Seed Market Analysis

The forage sorghum seed market is anticipated to register a CAGR of 7.6% during the forecast period (2022-2027).

The pandemic affected all the countries and business sectors with varying degrees of impact. The COVID-19 pandemic disrupted the working of several markets, including the sorghum forage seed market. The pandemic affected the manufacturing process and supply chain networks, thus, resulting in major losses for sorghum forage companies and farmers as well. It has affected the production, certification, distribution, and cost of seeds, which play an important role in the growing stages of the agricultural cycle. Adding to that, the restrictions by governments on movement to protect their people from COVID-19 have caused a major problem for all countries as they are hard hit by the economic downturn.

According to the FAO, sorghum is one of the lesser water-consuming crops, which requires an average of 550 ml of water for its total growing period. This peculiarity will reduce the cost of farming because it reduces the additional cost of investing in artificial water resources. This competitive edge of sorghum over other crops has attracted farmers to grow more sorghum, thereby impacting the long-term increase in demand for the forage sorghum seeds on a global scale. Forage sorghum seed has many exclusive nutritional advantages when fed to cattle, as it is naturally gluten-free. Gluten is a mixture of two proteins, termed prolamin and glutelin, that are present in cereal grains, especially wheat. This is responsible for the elastic texture of dough when churned during digestion making digestion difficult. This nutritional benefit and less water-consuming property will bolster the forage sorghum seed market during the forecast period for the long term.

Forage Sorghum Seed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)