In 2023, the sorghum market volume in the US stood at 206,000 metric tons. From 2024 to 2028, the market volume is forecasted to increase gradually from 207,000 to 213,000 metric tons. The year-on-year variation is minimal, with an increase of 0.48% from 2024 to 2025, 0.96% from 2025 to 2026, 0.48% from 2026 to 2027, and finally 0.95% from 2027 to 2028. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is approximately 0.77%.
Future trends to watch for include potential impacts of climate change on crop yields, shifts in agricultural policies, and advancements in crop technology which may affect production efficiency and market demand. Additionally, monitor the influence of alternative grains and changing dietary preferences on the sorghum market.
