The forecast for Sorghum Feed and Residual in India indicates a steady growth trajectory from 2024 to 2028, with values increasing from 458.0 to 486.0 thousand metric tons. In 2023, the sorghum feed and residual stood at approximately 451.0 thousand metric tons, setting a baseline for future projections. The year-on-year growth rate from 2024 to 2025 is 1.53%, while the subsequent years maintain a similar incremental percentage, showcasing a consistent upward trend. Over the five-year forecast period, the compound annual growth rate (CAGR) averages to about 1.50%.
Future trends to watch for include:
- Potential impact of climate change on sorghum production.
- Changing dietary preferences affecting sorghum demand.
- Technological innovations enhancing yield and efficiency.
- Policy shifts impacting agricultural exports and imports.