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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Forage Seeds Market: By Plant Type, By Livestock Type and Region Forecast 2019-2030
Forage Seeds Market size was estimated at US$ 15,215.7 million in 2023, and is poised to grow at a CAGR of 9.2% from 2024-2030. Forage is plant especially used as feed for grazing livestock. This market is used to grow the plants. The seeds enable to produce the sufficient green grass or feed to animals. The feed includes alfalfa, red clover, white clover, birdsfoot trefoil. The rise in the demand for livestock products such as beef, pork, other poultry products and milk is anticipated to catapult the market. In accordance with FAO, bovine production accounted for 66.7 million metric tons in 2010, and it is projected to reach 107.5 million metric tons by 2050. Swine production is accounted for 109.3 million metric tons in 2010, projected to 150.3 million metric tons by 2050.
The great enhancement of livestock production leads to increase in the livestock feed sector, which enables the demand for forage seeds in the market over the forecast period. Cost-effectiveness of the crops coupled with high demand for forage seeds is anticipated to create growth opportunities for the market.The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario. The report analyses the impact of a socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market.
Study Period
2024-2030Base Year
2023CAGR
9.2%Largest Market
North AmericaFastest Growing Market
Europe
The market is gaining importance across the globe from the past decade. Increased demand for livestock and the protein-rich food is expected to create the huge demand for forage seeds. The market is dominated by the limited number of players. Emerging nations in Asia Pacific is expected to create a huge demand for forage seed.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 15,215.7 million |
Market CAGR |
9.2% |
By Plant Type |
|
By Livestock Type |
|
By Region |
|
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The global forage seeds market size was valued at US$ 15,215.7 million in 2023 and is expected to grow at a CAGR of 9.2% from 2024-2030.
forage seeds' low cost relative to their counterparts and high nutritional value
Europe is the fastest-growing in the market
1. Executive Summary |
2. Global Forage Seeds Market Introduction |
2.1.Global Forage Seeds Market - Taxonomy |
2.2.Global Forage Seeds Market - Definitions |
2.2.1.Plant Type |
2.2.2.Livestock Type |
2.2.3.Region |
3. Global Forage Seeds Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Forage Seeds Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Forage Seeds Market By Plant Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Alfalfa |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Annual Ryegrass |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Brassicas/Chicory |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Bromegrass |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Clover |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Festulolium |
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Others |
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
6. Global Forage Seeds Market By Livestock Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Cattle |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Swine |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Poultry |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Forage Seeds Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. North America Forage Seeds Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Plant Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Alfalfa |
8.1.2.Annual Ryegrass |
8.1.3.Brassicas/Chicory |
8.1.4.Bromegrass |
8.1.5.Clover |
8.1.6.Festulolium |
8.1.7.Others |
8.2. Livestock Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Cattle |
8.2.2.Swine |
8.2.3.Poultry |
8.2.4.Others |
8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9. Europe Forage Seeds Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. Plant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Alfalfa |
9.1.2.Annual Ryegrass |
9.1.3.Brassicas/Chicory |
9.1.4.Bromegrass |
9.1.5.Clover |
9.1.6.Festulolium |
9.1.7.Others |
9.2. Livestock Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cattle |
9.2.2.Swine |
9.2.3.Poultry |
9.2.4.Others |
9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
9.3.7. |
10. Asia Pacific (APAC) Forage Seeds Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Plant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Alfalfa |
10.1.2.Annual Ryegrass |
10.1.3.Brassicas/Chicory |
10.1.4.Bromegrass |
10.1.5.Clover |
10.1.6.Festulolium |
10.1.7.Others |
10.2. Livestock Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cattle |
10.2.2.Swine |
10.2.3.Poultry |
10.2.4.Others |
10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11. Middle East and Africa (MEA) Forage Seeds Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Plant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Alfalfa |
11.1.2.Annual Ryegrass |
11.1.3.Brassicas/Chicory |
11.1.4.Bromegrass |
11.1.5.Clover |
11.1.6.Festulolium |
11.1.7.Others |
11.2. Livestock Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cattle |
11.2.2.Swine |
11.2.3.Poultry |
11.2.4.Others |
11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12. Latin America Forage Seeds Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Plant Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Alfalfa |
12.1.2.Annual Ryegrass |
12.1.3.Brassicas/Chicory |
12.1.4.Bromegrass |
12.1.5.Clover |
12.1.6.Festulolium |
12.1.7.Others |
12.2. Livestock Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cattle |
12.2.2.Swine |
12.2.3.Poultry |
12.2.4.Others |
12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.La Crosse Seed |
13.2.2.Hancock Farm & Seed Co. |
13.2.3.Allied Seed, LLC |
13.2.4.Golden Acre Seeds |
13.2.5.AMPAC seed |
13.2.6.Dynamic Seeds Ltd. |
13.2.7.Northstar Seed Ltd. |
13.2.8.Moore Seed Processors |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players