Sorghum Seed Market Industry Chain Structure, Key Players Profiles and Sales Data, 2023
The driving factors of sorghum seed industry comprise increasing use of sorghum seeds as biofuel, increasing investment by economies across the globe for the development of the industry, and increasing private investment due to higher rate of return.
(firmenpresse) - Global sorghum seed market is predicted to witness substantial growth in the forecast period due to increasing benefits in alcoholic drinks. sorghum is a type of flowering plant, belonging to the grass family ‘Poaceae’. It is a major food crop in Africa (known as Guinea corn) and India (jowar, jonna, or cholam) with several variety and applications including grain sorghums used in food, broomcorn for making brushes and brooms, and grass sorghums used in the making of grown for fodder.
Similarly, sorghum seed is used for human consumption and for livestock (pigs, cows, and birds). It is an important crop for the farmers since it offers molasses due to high sugar content, avoids dryness in the lower sorghum leaves on plant maturity, and is capable of growing in low arable soil where cereals cannot grow. It contains good amount of nutrition with higher unsaturated fats, fiber, protein, and minerals, such as potassium, phosphorus, and calcium for human consumption.
The driving factors of sorghum seed industry comprise increasing use of sorghum seeds as biofuel, increasing investment by economies across the globe for the development of the industry, increasing private investment due to higher rate of return, growing demand from the China, increasing demand for sorghum seeds on the global scale that ultimately motivates crop producing economies to enlarge their business, and rise in demand for livestock. However, changing consumer preferences and growing industry of the cheaper substitutes like corn is one of the major obstacle witnessed in the domain. Furthermore, increasing preference for flex fuel vehicles, requiring biofuel along with rising adoption for forage fuels the demand for sorghum seeds.
Increasing ethanol production due to gluten free and cost effective nature and increasing demand for alcohol containing sorghum are few trends observed in the domain. Besides, huge difference between import prices and local prices is an opportunity for producers to invest in the domain.
Agronomy department of Kansas State University recently hosted a training Sorghum School on 5th February at Garden City, Kansas for sorghum producers and major stakeholders. The training offered ways and techniques to deal with several issues faced by sorghum producers in eastern, central, and western Kansas. It also included marketing opportunities, risk management, weed control, nutrient management, crop production practices, insect management, and soil fertility.
The leading players in the sorghum seed market include Advanta Seeds, KWS, Dupont Pioneer, Monsanto, Chromatin, Dyna-Gro Seed, Nufarm, Sustainable Seed Company, Allied Seed, Proline, Heritage Seeds, Seed Co Limited, Blue River Hybrids, and Safal Seeds & Biotech.
Themen in dieser Pressemitteilung:
sorghum-seed-market
agriculture
sorghum-seed-market-news
global-sorghum-seed-industry-size
sorghum-seed-market-share
sorghum-seed-market-demand
sorghum-seed-market-analysis
sorghum-seed-market-research
sorghum-seed-market-forecast-report
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Datum: 09.07.2020 - 09:45 Uhr
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