Sorghum Seed Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Sorghum Seed Global Market Report 2023, provides comprehensive information on the sorghum seed market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 

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As per The Business Research Company’s Sorghum Seed Global Market Report 2023, the global sorghum seed market size grew from $1.85 billion in 2022 to $1.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sorghum seed market size is expected to grow to $2.46 billion in 2027 at a CAGR of 5.5%.

 

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The sorghum seed market is segmented:

1) By Product Type: Grain Sorghum, Sweet Sorghum, Forage Sorghum, Biomass Sorghum

2) By Application: Sorghum Planting, Sorghum Breeding

 

3) By End User: Animal Feed, Food Industry, Wine Making, Biofuel And Chemical Production, Other End Users

 

North America was the largest region in the sorghum seed market in 2022.

 

The table of contents in TBRC’s sorghum seed market report includes:

1. Executive Summary

2. Sorghum Seed Market Characteristics

3. Sorghum Seed Market Trends And Strategies

4. Sorghum Seed Market – Macro Economic Scenario

5. Sorghum Seed Market Size And Growth

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27. Sorghum Seed Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Sorghum Seed Market

29. Sorghum Seed Market Future Outlook and Potential Analysis

30. Appendix

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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