In California, IndexBox reported that the sorghum market in Africa is expected to reach 30 million and $13.8 billion in value by 2035.
The report stated that the market is forecast to expand at a CAGR of 0.7% in volume and 1.0% in value from 2024 to 2035.
The value of the sorghum market in Africa rose markedly to $12.4 billion in 2024, surging by 5.9% against the previous year. This figure reflects the total revenues of producers and importers. The market value increased at an average annual rate of over 2.8% from 2013 to 2024.
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Category: Food & Agriculture