Sorghum Seed Market - Growth, Trends and Forecasts (2019 - 2024)

The Global Sorghum Seed Market is segmented by Type (Open Pollinated Varieties and Hybrids) and by Geography (North America, Europe, Asia-Pacific, South America, and Africa)

Market Snapshot

Global Sorghum Seed Market Summary
Study Period:

2015-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The global sorghum seed market was valued at USD 1104.8 million in 2018, and it is expected to register a CAGR of 4.4% during the forecast period (2019-2024). In 2018, North America was the largest geographical segment of the market studied and accounted for a share of around 35.03% of the overall market.

  • Sorghum crops are mostly grown in the arid regions like Africa, Central America, and South Asia. Sorghum crop can be used in a wide range of fields such as human food, animal feed, and biofuels.
  • North America is the largest producer of  Sorghum, followed by Nigeria and Sudan. Sudan was in fifth place in the year 2016, and due to significant growth in the sorghum production in 2017 has made it the third largest producer of sorghum. 

Scope of the Report

Grain sorghum is one of the major food sources for people living in developing countries in Africa and also for the people in dry areas. Research says that global warming may lead to an increase in the cultivation of sorghum crop due to the depleting groundwater and changing environmental factors. As this sorghum can be used as a replacement of corn in dry areas. 

Type
Open-Pollinated Varieties
Hybrids
Geography
North America
United States
Mexico
Rest of North America
Europe
Russia
Ukraine
France
Italy
Rest of Europe
Asia Pacific
India
China
Australia
Pakistan
Rest of Asia-Pacific
South America
Brazil
Argentina
Bolvia
Rest of South America
Africa
Nigeria
Sudan
Niger
Ethiopia
Burkina Faso
Rest of Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing demand for animal feed

There is an unprecedented increase in the demand for the animal protein in the last few years. According to the Organisation for Economic Co-ordination and Development (OCED), meat consumption has raised from 114 million metric tons in 2017 to 116 million metric tons in 2018. Poultry meat is the most consumed by humans with per capita consumption of 30.6 kilograms per year, followed by pork with per capita consumption of 23.5 kilograms per year, and beef and veal with per capita consumption of 14.8 kilograms per year.  This has lead to an increase in the population of livestock which directly has an effect over the production of animal feed. As a result of this, according to a report published by NASS-USDA, the usage of sorghum as feed concentrates has increased from 2.3 million metric ton in 2014 to 3.6 million metric tons globally in 2016. 

Slide 3

To understand key trends, Download Sample Report

North America is the Largest Exporter

North America is the largest market for sorghum seeds with a market share of 35.18% which valued about USD 362.6 million in 2017. According to USDA, North America is one of the largest exporters of sorghum with 6.1 million tons of exports. Australia, Ukraine, Nigeria are also some of the largest exporters of sorghum. Japan, Mexico, and Philipines are the major importers of North American sorghum. However, China is the worlds largest importer of Sorghum says USDA.

Slide 4

To understand geography trends, Download Sample Report

Competitive Landscape

The Sorghum Seed market is a concentrated market with few major players like DuPont Pioneer, KWS, Bayer Monsanto, and Advanta. Mergers, acquisitions, expansion, innovation and product launch are few strategies adopted by the major players. Almost every major player in the market has both the grain sorghum and forage sorghum seeds. 

Major Players

  1. Advanta
  2. KWS SAAT SE
  3. Corteva Agriscience
  4. Groupe Limagrain
  5. Bayer Cropscience SE

* Complete list of players covered available in the table of contents below

Slide 5

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitutes

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Open-Pollinated Varieties

      2. 5.1.2 Hybrids

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Mexico

        3. 5.2.1.3 Rest of North America

      2. 5.2.2 Europe

        1. 5.2.2.1 Russia

        2. 5.2.2.2 Ukraine

        3. 5.2.2.3 France

        4. 5.2.2.4 Italy

        5. 5.2.2.5 Rest of Europe

      3. 5.2.3 Asia Pacific

        1. 5.2.3.1 India

        2. 5.2.3.2 China

        3. 5.2.3.3 Australia

        4. 5.2.3.4 Pakistan

        5. 5.2.3.5 Rest of Asia-Pacific

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Bolvia

        4. 5.2.4.4 Rest of South America

      5. 5.2.5 Africa

        1. 5.2.5.1 Nigeria

        2. 5.2.5.2 Sudan

        3. 5.2.5.3 Niger

        4. 5.2.5.4 Ethiopia

        5. 5.2.5.5 Burkina Faso

        6. 5.2.5.6 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Advanta Seeds

      2. 6.3.2 Corteva Agriscience

      3. 6.3.3 Bayer CropScience SE

      4. 6.3.4 KWS SAAT SE

      5. 6.3.5 Groupe Limagrain

      6. 6.3.6 Nuseed (Nufarm Australia Limited)

      7. 6.3.7 Pannar Pty Ltd

      8. 6.3.8 Alta Seeds

      9. 6.3.9 Allied Seed LLC

      10. 6.3.10 Seed Co Limited

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information