The demand for sorghum in Europe showed considerable fluctuations over the past decade. After a dip in 2015, the market exhibited moderate growth annually until 2022, peaking at 1.49 million metric tons in 2023. Variations over the last two years show a stable yet moderate growth, indicating a maturing market. While the CAGR over the last five years indicated a slight decline of 0.32%, the overall trend shows incremental increases.
Looking forward, forecast data projects a continued upward trend for sorghum demand, with expected growth reaching 1.58 million metric tons by 2028. The future outlook demonstrates a 0.91% annual growth rate over the next five years. Key trends to watch for include shifts in consumer preferences towards sustainable and gluten-free grains, as well as policy changes promoting biofuel production, which could further influence demand dynamics.
