Forage Seeds Market By Livestock Type (Cattle, Swine/pork, Poultry And Others (Including Aquaculture Etc.) By Plant Type (Chicory, Ryegrass, Clover, Alfalfa And Others (Including Lablab, Fescue Etc.) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2027.
Forage Seeds Market Size, Trends, and Forecast 2026:
The Forage Seeds market is expected to reach USD 21.59 billion in 2026 by growing at a CAGR of 8.3%, from USD 18.48 billion in 2021. Forage includes plants that are consumed by the grazing livestock and even some wildlife animals. Forage plants include chicory, Ryegrass, Alfalfa, Timothy, Clover, Bentgrass, Birdsfoot trefoil, etc. Firstly, Forage Seeds are obtained from the forage plants and then supplied to the seed grower for further processing to obtain the purified seeds with maximum potential.
The demand for Forage Seedsss has increased due to the emerging livestock feed sector. Livestock feed production is high in demand which is fulfilled by these seeds. In addition to that Low price of the seeds as compared to other oilseed or wheat bran, is majorly driving the market. However, The currently available Forage Seeds are low in protein and minerals which reduce their demand to some extent.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 – 2026 |
|
Base Year |
2020 |
|
Forecast Period |
2022 - 2027 |
|
CAGR |
8.3% |
|
Segments Covered |
By Livestock, By Plant Type |
|
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 |
Hancock Farm & Seed Co., Golden Acre Seeds, Dynamic Seeds Ltd., Northstar Seed Ltd., Brett young, Moore Seed Processors, Foster’s Seed, and Feed, Allied Seed, LLC, BASF SE, and Dow AgroSciences LLC. |
Forage Seeds Market Segmentation:
Forage Seeds Market - By Livestock:
- Cattle
- Swine/pork
- Poultry
- Others
The poultry segment holds the largest share in the market, poultry farms are concentrating on quality seeds for better productivity as the demand for meat and eggs is increasing.
Forage Seeds Market - By Plant Type:
- chicory
- ryegrass
- clover
- alfalfa
- others (Including lablab, fescue, etc.)
Among these alfalfa, the segment is the largest contributor to the market.
Forage Seeds Market Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
North America is the largest Forage Seeds market globally and increasing demand has enhanced the market growth. Though the Asia Pacific is a smaller market as compared to the developed regions, it is expected to witness healthy growth. China leads the Asia Pacific market and is anticipated to maintain its superiority.
Major Key Players:
Prominent players dominating the Forage Seeds market are Hancock Farm & Seed Co., Golden Acre Seeds, Dynamic Seeds Ltd., Northstar Seed Ltd., Brett young, Moore Seed Processors, Foster’s Seed, and Feed, Allied Seed, LLC, BASF SE, and Dow AgroSciences LLC.
