Latin America Forage Seeds Market Research Report – Segmented By Livestock Type, Plant Type, And Country (Brazil, Argentina, Mexico, Chile and Rest of Latin America) - Analysis on Size, Share, Trends, COVID-19 Impact And Growth Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 558
Pages: 136

Latin America Forage Seed Market Size (2024 to 2029)

The Latin America forage seed market is expected to be valued at USD 2.98 billion in 2024 and reach USD 4.57 billion by 2029 to grow at a CAGR of 8.93% from 2024 to 2029.

Latin America is one of the leading player in the global forage seed market and agricultural market, it accounts for a major share in the global market. Argentina, Brazil, Chile, Uruguay and Colombia are the major producers of the seeds. Brazil followed by Argentina has the largest numbers of cattle which increases the demand for forage seeds in the countries.    

Forage seeds as well as plants are consumed by the grazing livestock. Major plants obtained from these seeds are Timothy, Birds foot trefoil, chicory, Clover, Alfalfa and Ryegrass. Livestock feed demand is fulfilled by these seeds; hence production of the seeds depends upon the type of crops required. After obtaining from plants these seeds are purified by the seed grower or conditioners to get maximum potential of the seeds.

Major drivers are increase in population, rise in demand of meat and egg, increase in disposable income and urbanization. The price of forage seeds is lower as compared to other oil seeds which favors the growth. Emerging livestock sector has increased the demand for forage seeds. Poor quality of available forage seeds is restraining the market.

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

Latin America Forage Seed Market – By Livestock:

  • Namely
  • Cattle
  • Swine/Pork
  • Poultry
  • Others (Including Aquaculture etc.)

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.

Latin America Forage Seed Market – By Plant Type:

  • Chicory
  • Ryegrass
  • Clover
  • Alfalfa
  • Others (Including Lablab, fescue, etc.)

Among these alfalfa segment is the largest contributor to the market.

Latin America Forage Seed Market – By Country:

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


Major companies leading the Latin America 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.

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Frequently Asked Questions

What is the current size of the Latin America forage seed market?

As of the latest data, the Latin American forage seed market will be valued at USD 2.98 billion in 2024.

Which countries in Latin America significantly contribute to the growth of the forage seed market?

Key contributors to market growth in Latin America include Brazil, Argentina, and Mexico, the livestock industry and diverse agricultural practices drive the demand for high-quality forage seeds.

How does the demand for organic livestock products impact forage seed choices in Argentina?

In Argentina, the demand for organic livestock products influences forage seed choices, leading to an increased interest in organic and non-GMO forage seed options to align with organic farming practices.

What role do government programs play in promoting forage seed practices in Mexico?

Government programs in Mexico play a crucial role in promoting forage seed practices, encouraging sustainable farming methods, and providing support for the adoption of high-quality forage seeds.

What technological advancements are driving the forage seed market in Brazil?

Technological advancements in Brazil focus on precision farming techniques, innovative seed coating technologies, and digital tools for optimizing forage seed planting, fostering efficiency in agriculture.


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