Forage Analysis Market

Global Forage Analysis Market Size (2024 to 2029)

The global forage analysis market is expected to be valued at USD 883.11 million in 2024 and reach USD 1257.09 million by 2029, growing at a CAGR of 7.3% from 2024 to 2029.

The main determining factor for forage analysis is the introduction of the call for high-quality forages, the mandatory analysis of the quality of feed, and the safety of farmers and industrialists for the cultivation and development of livestock.

Forage is the term given to the act of going from one place to another in search of something to eat. Forage analysis refers to the effect of determining the content, quality, and feeding capacity of livestock. Forage analysis plays a critical role in providing information on the level of nutrient and mineral needs of the facility. It is an integral part of animal production. There are different methods of forage analysis for livestock diets, differing in experience, time, and precision.

Global Forage Analysis Market Drivers:

There has been a growing call for milk in the world, and to meet this growing call for milk, the herd is escalating, which in turn is driving the expansion of the worldwide forage analysis market. Cattle are fed nutritious forages that should stimulate milk production. For dairy cattle, forages are the basic ingredient of cattle fodder and fiber. Health and escalated animal production depend on the quality of the forage. Several ruminant animals, such as buffaloes and cows, receive hay, silage, and forages of high nutritional value. In turn, the nutritional diet will further improve the quality of the milk produced by ruminants. This will drive the expansion of the worldwide forage analysis market in the coming years. The expansion of the global forage business is predicted to be influenced by herd expansion and escalated calls for high-quality feed products during the projection years. Forage seeds provide essential energy, fiber, and protein for farm animals. This led to an increase in production, as well as a reduction in the costs of adding additional additives and additional proteins.

Global Forage Analysis Market Restraints:

Lack of awareness among forage producers and manufacturers in developing countries is also a major factor hampering the expansion of this market worldwide.

Global Forage Analysis Market Opportunities:

The expansion of the world market for feed for the development of forages influences the cultivation of livestock and the opening of the call for quality feed during the projection years. Forage seeds provide essential energy, fiber, and protein for farm animals. This leads to an increase in production, as well as a reduction in the costs of adding additives and additional proteins.

Global Forage Analysis Market Challenges:

Developing regions with the infrastructure framework have not yet adopted an enabling environment for testing. Therefore, the lack of awareness associated with the case of forage price with the test suite is driving the expansion of the forage analysis market in countries such as India, Vietnam, and Kenya.

Impact of COVID-19 on Forage Analysis Market:

Amid the Coronavirus pandemic, forage analysis market expansion in Europe has slowed due to lockdowns in countries such as Germany, Italy, and the United Kingdom. Most countries have imposed blockades or restrictions on transport, which has a negative impact on production due to the decrease in labor traffic. The total size of the animal feed market in Europe has been calculated from primary and secondary sources. To start the research process, extensive secondary research from internal and external sources was conducted to obtain qualitative and quantitative information related to the market.

REPORT COVERAGE:

This research report on the global forage analysis market is segmented and sub-segmented into the following categories.

Global Forage Analysis Market – By Type:

• Hay
• Silage
• Ration

The ration segment dominated the hike in 2020, and this trend is predicted to continue over the foreseen period 2022 - 2027. The ration is the most widely employed forage for dairy cows and horses. A healthy portion should be very rich in protein, minerals, vitamins, carbohydrates, and fat. For this reason, it is important to analyze the level of nutrients in the ration.

Global Forage Analysis Market – By Livestock:

• Cattle
• Horses
• Sheep

The livestock segment dominated the world market in 2020. Livestock are the main source of commercial preparations such as milk and meat. Quality forage improves forage conversion and absorption and strengthens the animal's immune system. For this reason, to obtain quality products, farmers and companies focus on forage analysis.

Global Forage Analysis Market – By Target:

• Nutrients
• Mycotoxins
• Dry Matter
• others

The nutrient segment dominated the world market in 2020. Nutrients are essential as they play an important role in optimizing the expansion and performance of livestock. Different types of tests are effective in assessing nutrient levels in forage. For this reason, manufacturers and farmers are highly performing forage analysis to provide the required level of nutrients to livestock.

Global Forage Analysis Market – By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America is predicted to account for the majority of the worldwide forage analysis market by 2026 due to the presence of a large number of forage testing laboratories and awareness of animal nutrition among farmers and forage manufacturers. The main players in the region are Cargill (United States) and CVAS (United States). Asia-Pacific is supposed to be the fastest growing region in the world market during the foreseen period due to the escalating call for quality dairy and meat products and also the expansion of the forage analysis industry in this region. Developing regions lacking infrastructure do not provide a suitable environment for testing.

KEY MARKET PLAYERS:

The key players in the global forage analysis market include SGS (Switzerland), Eurofins Scientific (Luxembourg), Intertek (UK), Cargill (US), CVAS (US), RJ Hill Laboratories (New Zealand), Dodson & Horrell (UK), Cawood Scientific (UK), Servi-Tech (US), Dairyland Laboratories (US), Dairy One (US), Minnesota Valley Testing Laboratories (US) and Massey Feeds (UK).

RECENT DEVELOPMENTS IN THE MARKET:

Vermeer Corporation Announces Organizational Changes in the Forage Industry Over the past few months, Vermeer Corporation has taken many strategic steps to be well-positioned for the future of the worldwide forage market. These steps include the Vermeer family succession and leadership planning, as well as an expanded market focus on biomass and dairy.

An American company launches an online advice service on forage analysis and additive supplementation. BioZyme is launching a new online tool to educate livestock producers on hay quality and determine if additional nutrition is needed.