The sorghum is a versatile crop which can be increased as a sweet crop or as grain and is measured as one of the highest five cereal crops across the globe. Several species of the sorghum is increased for the grains while several other species are utilized as the fodder plants, which is either naturally increased in the pasture lands or is produced in the great fields. Whereas, the sweet sorghum is generally cultivated for introducing sorghum syrup across the globe. The sweet sorghum is garnered for the stalks which are crushed such as sugarcane to introduce the syrup. The Sweet sorghum is also utilized as a healthy alternative sweetener for the alcoholic beverages and for chemical introduction and biofuel.
Not only has this, the biomass sorghum is utilized for the biofuel and ethanol production. The Sorghum is also utilized for the ethanol and biofuel production.
According to the report analysis, ‘Global Sweet Sorghum Ethano Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide sweet sorghum ethano market there are numerous companies which are presently functioning more significantly for leading the fastest market growth and registering the great value of market share around the globe during the short span of time while increasing the benefits of sweet sorghum ethano, augmenting the applications and productivity of the goods, employing the young workforce, spreading the awareness related to the features and applications of such, decreasing the linked prices to such and employing the young workforce includes Poet, Valero Energy Corporation, Green Plains Renewable Energy, Flint Hills Resources, Chemguide, Shrijee Group, Anchor Ethanol and several others.
Based on the type, the worldwide market of sweet sorghum ethanol is divided into different segments such as solid state fermentation and liquid fermentation. On the basis of application, the market of sweet sorghum ethanol is categorized into dissimilar segments such as biofuel and numerous others.
Furthermore, the sweet sorghum is one of the most appropriate crops for the ethanol production: the National Policy of the Biofuels, Government of India has recognizes sweet sorghum as a substitute feedstock for the ethanol production across India. ICRISAT, along with the partners, has been functioning on the advancement of a sweet sorghum ethanol value chain over the past numerous years. As a result, the sweet sorghum is now a developed biofuel feedstock in India, China, the Philippines and Brazil.
Based on the region, the market of sweet sorghum ethanol is spread across the globe which majorly involves Asia Pacific, Europe, North America, Middle East and Africa and South America. Whereas, it is anticipated that the Asia Pacific region dominates the market growth more significantly owing to the positive increase in the personal disposable income and efficient growth in the population. Not only has this, the North America region is also presenting profit making efforts for registering the market growth during the short span of time. Therefore, in the near years, it is anticipated that the market of sweet sorghum ethanol will increase around the globe over the coming years more significantly.
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Ankur Gupta, Head Marketing & Communications