How Has The Sorghum Seed Market Size Evolved Historically?
The sorghum seed market has seen considerable growth due to a variety of factors.
• Over the past few years, the size of the sorghum seed market has experienced significant expansion. The market is projected to escalate from $2.06 billion in 2024 to $2.18 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.9%.
The historical period's growth can be credited to factors such as staple food consumption, drought resistance, demand from the food and beverage industry, biofuel manufacturing, pest and disease resilience, and cultural and traditional uses.
What Is the Forecasted Market Size and Growth Rate for The Sorghum Seed Market?
The sorghum seed market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of sorghum seed is predicted to witness substantial growth in the approaching years, with its value rising to $2.87 billion by 2029 and an annual growth rate of 7.1%.
This expansion during the forecast period is largely due to factors such as adaptation to climate change, increased nutritional awareness, alternate crop rotation options, the rising demand for gluten-free goods, and cross-border trade opportunities. Notable trends that will dominate the forecast period are the proliferation of hybrid sorghum varieties, traits of genetically altered sorghum, production of organic sorghum seeds, growth of high-value sorghum for niche markets, and the advancement in precision agriculture technologies.
Which Drivers Are Accelerating Growth In The Sorghum Seed Market?
Increasing cognizance about maintaining a healthy lifestyle and an escalating trend towards wholesome dietary habits are playing a pivotal role in expanding the sorghum seed market. The shift in customer preferences towards healthier food choices has seen a stark rise in recent times, stemming from both heightened consciousness around health, changing lifestyle dynamics, as well as a growing interest around the advantages offered by wellness and health-oriented nutrition. Sorghum is a grain abundant in nutrients, loaded with B vitamins, magnesium, potassium, phosphorus, zinc, iron, and many more vital vitamins and minerals. It is also high in fiber, antioxidants, and protein. For example, in April 2024, the "Plant-Based Foods State of the Marketplace 2022" report issued by the Plant-Based Foods Association, a non-profit organization from the US that is driven by the mission to progress the plant-based food industry, disclosed that the plant-based food market reached a retail sales landmark of $7.4 billion, denoting a 6% growth compared to the prior year. As indicated in the report, 61% of U.S. households made plant-based food purchases in 2022, revealing a noticeable tilt in consumer choices towards more sustainable and healthier alternatives. Hence, the upsurge in awareness around leading a healthy lifestyle, teamed with the burgeoning trend centred round a nutritious diet, is expected to propel the expansion of the sorghum seed market in future.
What Are The Main Segments Of The Global Sorghum Seed Market?
The sorghum seed market covered in this report 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
Subsegments:
1) By Grain Sorghum: High-Yield Varieties, Drought-Resistant Varieties, Food-Grade Varieties
2) By Sweet Sorghum: Sorghum For Syrup Production, Sorghum For Ethanol Production
3) By Forage Sorghum: Grain-Forage Hybrids, Sorghum-Sudangrass Hybrids
4) By Biomass Sorghum: Energy Sorghum Varieties, High-Cellulose Varieties
Pre-Book The Sorghum Seed Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Sorghum Seed Market?
The increasing tendency for collaborations and partnerships is a significant trend within the sorghum seed market. In order to cater to consumer needs and solidify their standing within the sector, major firms are turning to such strategic alliances. An example of this is the partnership announced in September 2024 between Zowasel, an agricultural technology company based in Nigeria, and the Sustainable Trade Initiative (IDH), a Dutch organization that brings together public and private partnerships. Together, they aim to bolster the sorghum value chain in Nigeria, with an eye towards countering challenges posed by climate change, enhancing soil health and promoting biodiversity through the adoption of regenerative agriculture practices. They will do this through a co-investment in an initiative, working towards the betterment of small-scale farmers, with a specific emphasis on women. Resources, technical aid and upgraded market opportunities will be provided, in a move towards promoting sustainable farming practices in the area.
Who Are the Key Players in the Sorghum Seed Market?
Major companies operating in the sorghum seed market include:
• Monsanto Company
• UPL Limited
• DuPont Pioneer
• Nufarm Limited
• Limagrain Group
• Euralis Semences
• LongPing High-Tech Agriculture Co Ltd.
• Advanta Limited
• Kaveri Seed Company Pvt Ltd.
• Chromatin Inc.
• Seed Co Limited
• S&W Seed Company
• La Crosse Seed LLC
• Pacific Seeds Pty. Ltd.
• Terral Seed Inc.
• Wadsworth Seed Company Inc.
• Allied Seed LLC
• Heritage Seeds Inc.
• Dyna-Gro Seed Inc.
• Hancock Farm and Seed Company
• Sustainable Seed Company
• Proline Seed Company
• Blue River Hybrids LLC
• Safal Seeds & Biotech Ltd.
• Alta Seeds Inc.
• Nuseed Global
• NexSteppe Inc.
What Is The Most Dominant Region In The Sorghum Seed Market?
North America was the largest region in the sorghum seed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sorghum seed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
