North America Forage Seed market size was around USD 5.18 billion in 2021. It is expected to grow at a CAGR of 7.2% to reach USD 9.09 billion by 2026. It captures 20% of the global market. Forages provide protein, fiber, and energy to the livestock, which helps to save the costs incurred on protein and other supplements.
North America Forage Seed Market Drivers:
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.
North America Forage Seed Market – By Type:
Alfalfa
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.
North America 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.
North America 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.
North America Forage Seed Market – By Origin:
North America Forage Seed Market – By Form:
Geographical Analysis:
By geography, the market is segmented into the
Key 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).
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