About Sorghum By-Products
Sorghum bicolor, also known as the great millet, jowar, and many more, is a grass species that is cultivated for its grain, which is used for human, animal, and ethanol production, etc. They have a wide range of benefits, including anti-inflammatory effects, anti-cancer effects, weight loss, being safe for celiac disease, boosting metabolism, stabilizing blood sugar levels, and many more. Increasing concern for healthy animal feed is driving the consumption of sorghum by-products. Rising livestock-based food consumption is adding fuel to the growth of the market. Continued cultivation of sorghum encourages research and innovation in breeding, agronomy, processing technologies, and value-added product development. This leads to the development of improved sorghum varieties, more efficient farming practices, and novel applications for sorghum by-products.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape surrounding sorghum by-products is multifaceted and dynamic, influenced by various factors including market demand, technological advancements, regulatory requirements, and consumer preferences. Success in the utilization of sorghum by-products requires a thorough understanding of the competitive environment and strategic positioning to capitalize on opportunities and overcome challenges. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill, Incorporated (United States), General Mills Inc. (United States), KWS SAAT SE & Co. KGaA (Germany), Sorghum Partners (United States), Bay State Milling Company (United States), The Archer-Daniels-Midland Company (United States), Nestlé (Switzerland), Associated British Foods plc (United Kingdom), Bagrry's (India), S&W Seed Co. (United States), Nuseed Global (United States), Shrijee Group (India), INSANE GRAIN (United Kingdome), Albert Menes (France), ceres organics (New Zealand), Kansas Grain Sorghum (United States), Mabele Fuels (South Africa) and Crystal Crop Protection Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Sorghum By-Products market by , Application (Brewing Industry, Sorghum Industry, Animal Feed Industry and Others) and Region.
On the basis of geography, the market of Sorghum By-Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Sorghum Bran will boost the Sorghum By-Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Specialty Grocers will boost the Sorghum By-Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing adoption of sorghum products for healthy hair and skin and Increased Demand for sorghum gluten free products
Market Growth Drivers:
Increasing use of sorghum product for colon and breast cancer treatment and Increasing uses in livestock feed
Challenges:
Lack of commercial sorghum milling facilities and efficient milling techniques hinder the utilization of sorghum for food purposes
Restraints:
They produce an allergic reaction in some people and Limited Market Demand for sorghum products
Opportunities:
Expand the utilization of sorghum by-products in the animal feed industry. and Develop sorghum-based bioenergy technologies
Market Leaders and their expansionary development strategies
In November 2021, Crystal Crop Protection Limited, one of the leading R&D based crop solution companies in India, has entered into a definitive agreement with Bayer to acquire Cotton, Mustard, Pearl Millet and Grain Sorghum hybrids in India. With this acquisition, Crystal will become strong in its field crops seed business as it comes with powerful brands and R&D capabilities.
In December 2023 Insane Grain Operator of a healthy nutritious food brand launched Insane Kane sorghum-based crisps. The crisps are designed to boost gut health by containing sorghum – a nutrient-rich super grain. The range also has a probiotic claimed to deliver a world-first gut health benefit in a crisp format. and In November 2021, Nestlé has launched a sorghum-based porridge that upcycles a Milo side stream to fully valorise raw materials and avoid nutrient loss. The sorghum is blended with cereals such as wheat and maize.
Key Target Audience
Manufacturers, Suppliers, Wholesalers, Distributors and Retailers, Food Industry, Government Regulatory, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.