Share on

Latin America Forage Seed Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type, Livestock, Species, Origin, Form, And By Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 7458
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Forage Seed Market Size (2024 to 2029):

Latin America forage seed market size is expected to reach USD 4.80 billion in 2024 and reach USD 8.47 billion by 2029, growing at a CAGR of 12% from 2024 to 2029.  

Forages provide protein, fiber, and energy to the livestock, which helps to save the costs incurred on protein and other supplements. 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.

This research report on the Latin American forage seed market is segmented and sub-segmented into the following categories:

Latin America Forage Seed Market – By Type:

  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory

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.

Latin America Forage Seed Market – By Livestock:

  • Poultry
  • Cattle
  • Swine

The cattle segment accounted for the highest consumption of 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.

Latin America Forage Seed Market – By Species:

  • Legumes and Grasses

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.

Latin America Forage Seed Market – By Origin:

  • Organic and Inorganic

Latin America Forage Seed Market – By Form:

  • Dry and green

Latin America Forage Seed Market – By Country:

  • Mexico
  • Argentina
  • Brazil
  • Chile
  • Rest Of Latin America

By geography, the market is segmented into Brazil, Chile, Argentina, and others. It is second to last in terms of market share.

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). These are some of the dominating players in the Latin American forage seed market.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample