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 - By Livestock:
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:
Among these alfalfa, the segment is the largest contributor to the market.
Forage Seeds Market Regional Analysis:
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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Product Type
5.1.1 Chicory
5.1.2 Ryegrass
5.1.3 Clover
5.1.4 Alfalfa
5.1.5 Others (Including lablab, fescue etc.)
5.2 By Livestock Type
5.2.1 Cattle
5.2.2 Swine/pork
5.2.3 Poultry
5.2.4 Others (Including aquaculture etc.)
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Mexico
6.4.4 Argentina
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Hancock Farm & Seed Co.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Golden Acre Seeds
8.3 Dynamic Seeds Ltd.
8.4 Northstar Seed Ltd.
8.5 Brett young
8.6 Moore Seed Processors
8.7 Foster’s Seed and Feed
8.8 Allied Seed
8.9 BASF SE
8.10 Dow AgroSciences LLC
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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