The sorghum feed market in Africa demonstrated fluctuating growth from 2014 to 2023. While initially spiking to 3.0 million metric tons in 2015, it experienced a downward trend until 2018. Post-2018 saw a stabilization and gradual increase, with a slight year-on-year growth of approximately 0.89% in 2023. The 5-year CAGR leading up to 2023 averaged 1.32%, reflecting a marginal but consistent upward trend.
Future forecast suggests a steady increase in the sorghum feed market with a projected 5-year CAGR of 0.64%, resulting in a 3.24% growth rate by 2028.
Future trends to watch for include:
- Adoption of improved sorghum varieties that could impact yield and feed quality
- Increasing demand driven by the livestock sector expansion in Africa
- Climate change implications on sorghum production and feed availability
