Global Forage Seed Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Alfalfa, Clover, Ryegrass, Chicory), Livestock (Poultry, Cattle, Swine), Species (Legumes, Grasses), Origin (Organic, Inorganic), Form (Green, Dry), And Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)- Industry Analysis From 2024 to 2029

Updated On: June, 2024
ID: 7451
Pages: 175

Global Forage Seed Market Size (2024 to 2029)

The global forage seed market size is expected to reach USD 21.10 billion in 2024 and reach USD 33.83 billion by 2029, growing at a CAGR of 9.9% from 2024 to 2029.

The rise in demand for animal feed and livestock production is driving the market growth for forage seeds, worldwide. Feed quality and quantity, overgrazing, border conflicts, drought, and lack of seed and planting materials remain major challenges for forage seed production in developing countries such as South Africa, Ethiopia, and Brazil.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

9.9%

Segments Covered

By Type, Livestock, Species, Organic, Form and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

E.I du Pont de Nemours and Company (U.S.), Dow AgroSciences LLC (U.S.), Land O’ Lakes (U.S.), Monsanto (U.S.), and Advanta Seed Ltd. (India) and Others.

 

 

SEGMENTAL ANALYSIS

Global Forage Seed Market By Type

The alfalfa segment accounted for the largest market in the forage seeds market in 2015. Alfalfa contains about 15% to 22% crude protein and a high volume of 10 different vitamins. It is primarily used for feeding cattle, goats, horses, sheep, and dairy cows.

Global Forage Seed Market By Livestock

The cattle segment accounted for the highest consumption of the forage seeds in 2015. The quality of milk and meat products depends on the quality of feed used for cattle. Forages are added to cattle feed by livestock producers to make sure that production is efficient. They aid in raising the milk quantity and enhance the immune system of cattle and feed efficiency.

Global Forage Seed Market By Species

The grasses category is estimated to grow at a higher growth rate in the market in the forecast period. Forage grasses include natural grasses for pasture, grazing, and hay crops. Grasses aid in maintaining the balance of chemical compounds in the feed of ruminants.

REGIONAL ANALYSIS

The Asia-Pacific region is estimated to be the fastest-growing market for forage seeds in the aforementioned forecast period. The Asia-Pacific market witnesses the maximum consumption of forage seeds owing to the growing demand for animal feed, reduction of grazing land, and rise in demand for dairy products.

KEY MARKET PLAYERS

Key players in the market include E.I du Pont de Nemours and Company (U.S.), Dow AgroSciences LLC (U.S.), Land O’ Lakes (U.S.), Monsanto (U.S.), and Advanta Seed Ltd. (India).

DETAILED SEGMENTATION OF THE GLOBAL FORAGE SEED MARKET INCLUDED IN THIS REPORT

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

By Type

  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory

By Livestock

  • Poultry
  • Cattle
  • Swine

By Species

  • Legumes and Grasses

By Organic

  • Organic
  • Inorganic

By Form

  • dry
  • green

By Region

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

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