About Sorghum Flour
Sorghum is a cereal grain that grows like corn in the drier regions across the world. It is light beige or white in color with a mildly sweet flavor and is used as a gluten-free flour. It has many applications, sorghum is used to feed livestock animals, used in bakery products and alcoholic beverages. It is high in fibre and provides a good source of antioxidants which helps in fighting heart diseases and inflammation. FSSAI has set some standards for the global sorghum flour market to maintain its health benefits.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Sorghum Flour market throughout the forecasted period. 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.
Bob's Red Mill (Unite States), Jamestown Mills (Canada), Hain Celestial Group Inc. (United States), Health Sprouted Flour Co. (United States), Nu Life Market (United States), Ardent Mills (United States), Barry Farm (United States) and Shipton Mill (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Sorghum Flour market by Type (Organic Sorghum Flour and Conventional Sorghum Flour), Application (Baking, Poultry Feeding, Household Cooking and Others) and Region.
On the basis of geography, the market of Sorghum Flour 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 Distribution Channel, the sub-segment i.e. Online Retail will boost the Sorghum Flour market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Gluten-Free Food and Increasing use as Sorghum Syrup and Giving
Market Growth Drivers:
Growing Health Awareness Among the Developing Economy and Increasing Diabetes Patients
Challenges:
Problems with Maintaining the Inventory in Warehouses
Restraints:
Risk of Allergies and Side-effects associated with the Sorghum and High Price Availability of Sorghum Flour might Hamper the Market Growth
Opportunities:
Growing Demand for Sorghum in Alcoholic Beverage and Advancement in Milling Machines
In July 2019, Ardent Mills announced its further investment in the grain elevator in Klamath Falls, Oregon for sourcing organic and specialty grain. According to the CEO of Ardent Mills Dan Dye, this acquisition has advanced the Ardent Mills to provide grains from organic and conventional farms in the region.
FSSAI has amended some standards regarding some cereals and its by-products regarding sorghum flour. It is the product obtained from sorghum grains through a process of milling. Sorghum flour should be free from abnormal odor, flavors and any other impurities including the dead insects or any animal origin impurities. FSSAI has set certain parameters and limits, for instance, maximum moisture should be 11.0 (percent, by mass), total ash 1.5 (percent by m/m basis on dry matter basis Maximum, Protein 8.5 (N 6.25)(on a dry matter basis Minimum percentage by m/m basis) and some other.
Key Target Audience
Sorghum Flour Producers, Sorghum Flour Distributors and Suppliers, Sorghum International Traders, Research and Development Institutes, Regulatory Bodies 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.