Sorghum is one of the most important cereal crops of India, cultivated in about 8 million hectares annually. Sorghum also called great millet, Indian millet, milo, durra, orshallu, cereal grain plant of the grass family and its edible starchy seeds. The plant likely originated in Africa, where it is a major food crop, and has numerous varieties, including grain sorghums, used for food; grass sorghums, grown for hay and fodder; and broomcorn, used in making brooms and brushes. There is a good scope of sorghum farming and may result in more cultivation areas to increase the production in future to meet the demand for food and livestock fodder supply due to the utilization of grain sorghum as a cattle feed, poultry ration and other industrial uses. Sweet sorghum holds a great potential as a field crop for ethanol production throughout the world because it is adaptable to a wide range of growing conditions, unlike sugarcane which can only be grown in tropical and subtropical climates. The nutrition value, cost and availability of sorghum over its substitute products is the most promising factor which is encouraging farmers to consider farmers to consider sorghum as a viable economic alternative to all its substitute products.
The Sorghum seeds market is estimated at INR 82,025.07 Crores in 2021 and is expected to register a CAGR of 36x during the forecast period between 2021 and 2020. The growing demand for seeds from the food, beverage, animal feed, and biofuels industry is driving the growth of the market. Demand for seeds has witnessed steady growth in country such as India. With country’s accounting for the largest population, an ever-increasing demand for food grains also drives the seeds market growth. The rising awareness of healthy lifestyle coupled with the growing trend of a healthy diet among consumers is driving market growth. Health benefits of sorghum seed such as rich in vitamins and minerals, high dietary fibre contents and a good source of antioxidants are also accelerating the market growth. Additionally, its benefits of decreasing blood cholesterol, weight control, boosting energy, provides strong bones and promotes blood circulation are further fuelling market growth.
Market Drivers The driving factor behind the global sorghum seeds market is the result of the increase in grain seeds in the daily diet, in addition, sorghum seeds are used as a biofuel and have tow advantages when used in alcoholic beverages Globally, States are investing heavily in developing the sorghum seed for use in desert where water availability is infrequent. Similarly, high profits from seed encourage private companies to plant sorghum seeds in addition the rising demand for sorghum seeds in the market has changed the need for the sorghum market due to significant differences between imported prices compared to local prices. This feature creates an opportunity for farmers to invest in the sector.
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