Forage Seed Market, By Product Type (Alfalfa, Clover, Chicory, and Ryegrass), By Livestock (Poultry, Ruminants, and Swine), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Trends, Analysis and Forecast Till 2030

Forage seed market accounted for USD 21.88 billion in 2020 and is estimated to be USD 48.78 billion by 2030 and is anticipated to register a CAGR of 8.4%.

Forage is a plant or plant material that majorly includes plant leaves and stems that are used by livestock to eat. Forage seeds are widely used for feeding poultry, livestock cattle, swine, and other animals. Forage seeds offer advantages like increased yield in continuous crops, improved internal drainage, and others. Forage seed does not require any synthetic fertilizers and pesticides which ultimately help to improve soil quality. Forage seeds are available in the market are oats, alfalfa, clover, maize, grasses, pearl millet, and others. Forage seeds are primarily used by the dairy farmers and farmers producing forage for the animal feed firms. These seeds are produced according to the animal species to be fed. The huge cattle industry, poultry industry and other animal industries in the country are the prime drivers of the market. Forage crops are crops grown specifically to be grazed by livestock or conserved as hay or silage. Forage crops assist in achieving production targets for attributes such as growth or weight gain and make up seasonal short falls between feed demand and supply. 

Rising livestock production

Increasing livestock population, reduction in grazing land area, and rising awareness about livestock health among the individuals are factors propelling growth of the target market. The quantity and quality of meat, eggs, and milk from livestock is directly dependent upon the nutrition provided to the animals is one of major propelling factor in the target market. Rising tendency towards natural animal feed is escalating the demand for forage seeds in animal feed preparation propelling growth of the global forage seeds market. Economic benefits related with the cultivation of this seed such as prevention of soil erosion and improvement of soil quality has led farmers to switch to forage cultivation. Moreover, growing awareness about nutritional value of forage seeds and its increasing use in the supplements are major factors fueling target market growth.

Forage seed market is segmented based on product, livestock, and region.

On the basis of product type, the target market has been segmented into alfalfa, clover, chicory, and ryegrass. On the basis of livestock, the target market has been segmented into poultry, ruminants, and swine.

Regional Insights:

On region the forage seed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account major market share in terms of revenue as compared to that of other regions. Asia Pacific is the fastest-growing region in the forage seed market, owing to increasing livestock population along with growing awareness about livestock health among developing countries like India in the region.

Forage Seed Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the forage seed market report based on product type, livestock and region.

Forage Seed Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the forage seed market includes DowDuPont Inc., Monsanto Company, Land O’ Lakes Inc., Advanta Seed Ltd., BrettYoung Seeds Ltd., Royal Barenbrug Group, Imperial Seed Ltd., Allied Seed LLC, Northstar Seeds Ltd, and Ampac Seed Company.

• DowDuPont Inc.
• Monsanto Company
• Land O’ Lakes Inc.
• Advanta Seed Ltd
• BrettYoung Seeds Ltd.
• Royal Barenbrug Group
• Imperial Seed Ltd.
• Allied Seed LLC
• Northstar Seeds Ltd
• Ampac Seed Company.