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Sorghum Market Share, Research Reports & Industry Analysis, 2017 – 2024

Global Sorghum Market size is expected to grow at a significant CAGR in the forecast period. The rising demand for sorghum market encapsulates many factors.<br><br><br>Get more details @ https://goo.gl/qyKFR3

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Sorghum Market Share, Research Reports & Industry Analysis, 2017 – 2024

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  1. Sorghum Market Business Development Forecasts and Analysis : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Regional Analysis of Sorghum Market: • Based on region, the market can be divided into North America, Latin America, Asia Pacific, Europe and Middle East and Africa. North America is leading the global sorghum market. Asia Pacific is next in queue. The U.S. Department of Energy has allocated USD 70 million for the research of sorghum as a model feedstock. Other major producers of sorghum are spread across Nigeria, India, Sudan and Ethiopia. In Africa, the support of the local governments has led to a surge in sorghum production. • The governments have agreed to provide fertilizer subsidy and improved varieties of sorghum seeds. The seeds are being bought by the government and sold to the farmers at almost half the price. Major exporters of sorghum include Australia, U.S. and Argentina while the list of importers encompasses Europe and Asian countries such as China, India and Japan. The countries which can be the potential customers for sorghum production are Egypt, Tanzania, Uganda, etc.

  3. Application Analysis of Sorghum Market: • Sorghum is popularly known as milo and is used in feed, industrial applications and food. It has the capability to tolerate high temperatures and soil toxicity. It can be cultivated on higher altitudes also. Sorghum can thrive with little or no fertilizers, therefore, making the cultivation of the crop much easier in higher altitude regions. • Sorghum is believed to have originated in African continent. It is grown in over 66 countries. Sorghum is a versatile crop and is one of the top five cereals globally. It is drought tolerant and is a high-energy environmental friendly crop. It can be grown as a grain or a sweet crop.

  4. Competitive Market Share of Sorghum Market: • Companies are forming joint ventures and making agreements to meet the rising sorghum demand. Investors are strengthening its presence in sorghum industry by mergers and acquisitions. In February 2016, Chromatin, Inc. acquired Majestic Semillas, a sorghum seed distributor. • Some of the major competitors across the value chain of the sorghum industry are National Sweet Sorghum Producers & Processors Association, Dyna-Gro Seed, Chromatin, Inc., Mabele Fuels, Sorghum Forum of South Africa, Richardson Seeds Ltd., Dow AgroSciences LLC, DuPont Pioneer, National Sorghum Producers, Blue River Hybrids, Taj Agro International Ltd., La Crosse Seed LLC, Hancock Farm and Seed Company, Pacific Seeds, Advanta US, Inc., Allied Seed LLC, etc.

  5. Browse Full Market Research Report On Sorghum Market @ https://goo.gl/bxQJZV Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1372

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