Reports
Sale
Global Forage Seed Market Size, Share, Trends, Forecast: By Type: Alfalfa, Clover, Ryegrass, Chicory, Others; By Livestock: Poultry, Cattle, Pork, Others; By Species: Legumes, Grasses; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Forage Seed Market Outlook
The global forage seed market size reached approximately USD 19.72 billion in 2023. The market is further projected to grow at a CAGR of 9.2% between 2024 and 2032, reaching a value of USD 39.88 billion by 2032.
Key Trends in the Market
Forage seeds refer to seeds grown for animal feed and are also used as pastures and green manure and for haying. These seeds vary in their adaptation to different types of soils and climates and their nutritional value and yield. Forage seeds play a crucial role in enhancing soil fertility, increasing water retention capacity, and reducing soil erosion.
- The growing demand for animal products including meat, eggs, and milk owing to increasing population and rising disposable incomes is bolstering the forage seed market growth. Forage seeds provide various nutrients to livestock and aid in the enhancement of productivity and health of the animals.
- Rising awareness about the various advantages associated with the consumption of organic livestock feed is supporting the market expansion. Forage seeds decrease acidity in rumen, promoting ruminant digestive health and allowing the growth of helpful microbes that aid in the fermentation of high fibres.
- Increasing efforts towards the enhancement of soil quality due to decreasing soil fertility in various regions across the globe owing to acidification, salination, and erosion are bolstering the requirement for forage seeds. Forage legumes aid in reduction of problems caused by salinity, while alfalfa, with its high water consumption capacity and deep roots consume the excessive water available. Perennial legumes also aid in improving internal soil drainage.
Global Forage Seed Market Analysis
On the basis of type, the market is divided into alfalfa, clover, ryegrass, and chicory, among others. Based on livestock, the market is classified into poultry, cattle, and pork, among others.
On the basis of species, the market is bifurcated into legumes and grasses. Based on region, the forage seed market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- UPL Limited
- Corteva Inc.
- BrettYoung
- Ampac Seed Company
- DLF Seeds A/S
- Forage Genetics International, LLC
- RAGT SA
- S&W Seed Co.
- Growmark FS, LLC
- Germinal GB
- Others
Market Share by Type
Clover is expected to account for a significant forage seed market share in the coming years. This growth can be attributed to the high digestible fibre and protein content of clovers. Clover acts as a nitrogen fixer and is often planted alongside wheat, rye, and oats, among others. Clover is also used as a supplement to cattle feed because of its high amino acid content, which aids in improving the gut functioning of the livestock.
Market Share by Region
North America is anticipated to account for a significant share of the market over the forecast period. This growth can be attributed to the weather conditions and increased meat consumption in the region. The strong presence of various key market players including Corteva and Ampac Seed Company, among others in the region is further supporting the market expansion in North America. The growing awareness about the various negative health effects associated with the consumption of synthetic meat is bolstering the forage seed market demand.
Competitive Landscape
UPL Limited, headquartered in Mumbai, India, is one of the leading marketers and manufacturers of industrial chemicals, agrochemicals products, pesticides, conventional agricultural products, and forage seeds, among others. The company was founded in 1969 and distributes products in over 150 countries.
Corteva Inc., headquartered in Indianna, United States, is a major seed and agriculture chemical company that combines operational execution, high touch customer engagement, and industry leading innovations to deliver solutions for addressing the most pressing agricultural challanges around the globe.
Ampac Seed Company is one of the leading suppliers of forage seeds, turfgrass, and wildflowers. The company is also involved in the distribution of agricultural chemicals, animal feed, and fertilisers, among other farm supplies.
Other forage seed market players include BrettYoung, DLF Seeds A/S, Forage Genetics International, LLC, RAGT SA, S&W Seed Co., Growmark FS, LLC, and Germinal GB, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Livestock |
|
| Breakup by Species |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Forage Seed Market Analysis
8.1 Key Industry Highlights
8.2 Global Forage Seed Historical Market (2018-2023)
8.3 Global Forage Seed Market Forecast (2024-2032)
8.4 Global Forage Seed Market by Type
8.4.1 Alfalfa
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Clover
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Ryegrass
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Chicory
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Forage Seed Market by Livestock
8.5.1 Poultry
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cattle
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pork
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Forage Seed Market by Species
8.6.1 Legumes
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Grasses
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Forage Seed Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Forage Seed Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Forage Seed Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Forage Seed Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Forage Seed Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Forage Seed Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 UPL Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Corteva Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BrettYoung
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ampac Seed Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 DLF Seeds A/S
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Forage Genetics International, LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 RAGT SA
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 S&W Seed Co.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Growmark FS, LLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Germinal GB
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Forage Seed Market: Key Industry Highlights, 2018 and 2032
2. Global Forage Seed Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Forage Seed Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Forage Seed Historical Market: Breakup by Livestock (USD Billion), 2018-2023
5. Global Forage Seed Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
6. Global Forage Seed Historical Market: Breakup by Species (USD Billion), 2018-2023
7. Global Forage Seed Market Forecast: Breakup by Species (USD Billion), 2024-2032
8. Global Forage Seed Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Forage Seed Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Forage Seed Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Forage Seed Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Forage Seed Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Forage Seed Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Forage Seed Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Forage Seed Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Forage Seed Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Forage Seed Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Forage Seed Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Forage Seed Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Forage Seed Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 19.72 billion in 2023.
The market is projected to grow at a CAGR of 9.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 39.88 billion by 2032.
The major market drivers include increased meat consumption and growing efforts towards the enhancement of soil quality due to decreasing soil fertility.
The key trends fuelling the growth of the market include growing requirement for cattle feed supplements and increasing emphasis on improving cattle gut health.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different forage seeds include alfalfa, clover, ryegrass, and chicory, among others.
The key players in the market are UPL Limited, Corteva Inc., BrettYoung, Ampac Seed Company, DLF Seeds A/S, Forage Genetics International, LLC, RAGT SA, S&W Seed Co., Growmark FS, LLC, and Germinal GB, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER