Sorghum And Sorghum Seeds Market Size, Share, Industry Analysis, Trends, Growth, Forecasts 2030
Sorghum And Sorghum Seeds Industry Prospective: Approximately USD 11.80 billion was the value of the global sorghum and sorghum seeds market in 2022. This market is expected to increase to approximately USD 15.91 billion by 2030, with a compound annual growth rate (CAGR) of approximately 3.80% between 2023 and 2030. The study examines the drivers, obstacles, and effects on demand for sorghum and sorghum seeds globally during the course of the forecast period. The paper also looks at new potential in the sorghum and sorghum seed sector. Global Sorghum and Sorghum Seeds Market: Overview The market for sorghum and sorghum seeds was valued at 1,230.8 million globally in 2020, and throughout the course of the forecast period, it is anticipated to grow at a CAGR of 3.8. The remaining sorghum is fermented to produce ethanol, while the rest is fed to livestock and humans. Because of its drought tolerance and ability to yield large amounts of food even in dry conditions, it is a widely plan