| Product Code: ETC384925 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sorghum, an essential grain crop, is cultivated in Thailand primarily for livestock feed and food processing. The Thailand sorghum market is influenced by both domestic consumption and exports. It plays a crucial role in the country`s efforts to diversify its agricultural production and ensure food security.
The Thailand sorghum market is witnessing growth driven by its diverse applications. Sorghum is used in food and beverage production, animal feed, and industrial processes like biofuel production. The increasing demand for gluten-free and nutritious food products has boosted sorghum consumption. Moreover, its resilience to drought and suitability for marginal lands make it a valuable crop, particularly in the face of changing climate conditions.
The Thailand sorghum market faces challenges associated with limited awareness and consumption of sorghum as a grain. Educating consumers about its nutritional benefits and promoting its use in various food products is essential. Additionally, adapting sorghum varieties to local growing conditions and addressing potential climate-related issues are important challenges for this market.
The sorghum market in Thailand experienced disruptions in the early stages of the pandemic, as the grain is often used in animal feed. Reduced livestock operations and disruptions in feed supply chains impacted demand. However, as the situation stabilized and agriculture resumed, the sorghum market gradually recovered. The feed industry adapted by diversifying feed sources and improving supply chain resilience.
In the growing Thai sorghum market, companies like Thai Food and Chemical Co., Ltd. and CP Group have emerged as key players. They are involved in sorghum cultivation, processing, and distribution, catering to the increasing demand for this versatile grain in various industries, including animal feed and food production.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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