PUBLISHER: IMARC | PRODUCT CODE: 1518649
PUBLISHER: IMARC | PRODUCT CODE: 1518649
Forage Seed Market by Product (Alfalfa, Clover, Ryegrass, Chicory, and Others), Livestock (Poultry, Cattle, Pork, and Others), Species (Legumes, Grasses), and Region 2024-2032
The global forage seed market size reached US$ 18.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.8 Billion by 2032, exhibiting a growth rate (CAGR) of 8.1% during 2024-2032. The rising demand for animal protein, the bolstering growth of the livestock industry, and the expanding need for sustainable agriculture practices represent some of the key factors driving the market.
Forage seeds are specifically grown to feed livestock, such as cattle, horses, and sheep, to provide animals with a balanced and nutritious diet. These seeds are a rich source of protein, fiber, and other essential nutrients necessary for proper animal growth and development. As a result, they are widely used across the livestock industry to ensure the health and well-being of animals. In addition to this, forage legumes can also help improve soil fertility and prevent erosion. A wide variety of forage seeds is available in the market, each with unique characteristics and benefits. Some of the standard product variants include alfalfa, clover, ryegrass, and fescue. They can be planted alone or in combination with other forage crops to provide a diverse and balanced diet for livestock.
Forage Seed Market Trends:
The growing demand for animal protein and meat products due to the rising population, urbanization, and inflating disposable income of individuals represents the key factor driving the market growth. Besides this, the bolstering growth of the livestock industry, the surging number of poultry and animal farms, the increasing demand for organic and high-nutritional animal feeds, and the escalating consumer awareness regarding livestock nutrition are creating a favorable outlook for the market. Moreover, shifting consumer preference for sustainable agriculture practices, which includes using forage crops to improve soil health and reduce the use of chemical fertilizers due to expanding concerns regarding the environmental impact of agriculture, is acting as another significant growth-inducing factor. In addition to this, innovative technological advancements, such as the development of genetically modified forage crops to increase yields, improve disease resistance, and enhance nutritional value, are presenting remunerative growth opportunities for the market. Concurrent with this, the introduction of precision agriculture techniques, such as global positioning system (GPS) mapping and variable rate technology, to improve the efficiency of forage seed production are contributing to the market growth. Furthermore, the surging use of forage crops, such as switchgrass and miscanthus, in biofuels and the widespread adoption of clover and alfalfa in landscaping applications due to their ability to fix nitrogen in the soil and improve soil health are positively impacting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global forage seed market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, livestock, and species.
Product Insights:
Alfalfa
Clover
Ryegrass
Chicory
Others
The report has provided a detailed breakup and analysis of the forage seed market based on the product. These include alfalfa, clover, ryegrass, chicory, and others. According to the report, clover represented the largest segment.
Livestock Insights:
Poultry
Cattle
Pork
Others
A detailed breakup and analysis of the forage seed market based on the livestock has also been provided in the report. This includes poultry, cattle, pork, and others. According to the report, poultry accounted for the largest market share.
Species Insights:
Legumes
Grasses
The report has provided a detailed breakup and analysis of the forage seed market based on the species. This includes legumes and grasses. According to the report, legumes represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for forage seed. Some of the factors driving the North America forage seed market included the growing consumption of animal protein, the thriving livestock industry, and innovative technological advancements in the industry.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global forage seed market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Advanta Seeds (UPL Limited), Allied Seed LLC (Growmark Inc.), Ampac Seed Company, Brett-Young Seeds Limited, Corteva Agriscience, Dlf Seeds A/S (Dansk Landbrugs Froselskab Amba), KWS SAAT SE & Co. KGaA, RAGT Semences (RAGT Group), Royal Barenbrug Group, S&W Seed Co., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global forage seed market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global forage seed market?
- What is the impact of each driver, restraint, and opportunity on the global forage seed market?
- What are the key regional markets?
- Which countries represent the most attractive forage seed market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the forage seed market?
- What is the breakup of the market based on the livestock?
- Which is the most attractive livestock in the forage seed market?
- What is the breakup of the market based on the species?
- Which is the most attractive species in the forage seed market?
- What is the competitive structure of the global forage seed market?
- Who are the key players/companies in the global forage seed market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Forage Seed Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Alfalfa
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Clover
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Ryegrass
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Chicory
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Livestock
- 7.1 Poultry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cattle
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Pork
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Species
- 8.1 Legumes
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Grasses
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advanta Seeds (UPL Limited)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Allied Seed LLC (Growmark Inc.)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Ampac Seed Company
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Brett-Young Seeds Limited
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Corteva Agriscience
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Dlf Seeds A/S (Dansk Landbrugs Froselskab Amba)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 KWS SAAT SE & Co. KGaA
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 RAGT Semences (RAGT Group)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Royal Barenbrug Group
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 S&W Seed Co.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.1 Advanta Seeds (UPL Limited)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Forage Seed Market: Major Drivers and Challenges
- Figure 2: Global: Forage Seed Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Forage Seed Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Forage Seed Market: Breakup by Product (in %), 2023
- Figure 5: Global: Forage Seed Market: Breakup by Livestock (in %), 2023
- Figure 6: Global: Forage Seed Market: Breakup by Species (in %), 2023
- Figure 7: Global: Forage Seed Market: Breakup by Region (in %), 2023
- Figure 8: Global: Forage Seed (Alfalfa) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Forage Seed (Alfalfa) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Forage Seed (Clover) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Forage Seed (Clover) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Forage Seed (Ryegrass) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Forage Seed (Ryegrass) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Forage Seed (Chicory) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Forage Seed (Chicory) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Forage Seed (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Forage Seed (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Forage Seed (Poultry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Forage Seed (Poultry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Forage Seed (Cattle) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Forage Seed (Cattle) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Forage Seed (Pork) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Forage Seed (Pork) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Forage Seed (Other Livestock) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Forage Seed (Other Livestock) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Forage Seed (Legumes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Forage Seed (Legumes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Forage Seed (Grasses) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Forage Seed (Grasses) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Forage Seed Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Forage Seed Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Forage Seed Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Forage Seed Industry: Drivers, Restraints, and Opportunities
- Figure 80: Global: Forage Seed Industry: Value Chain Analysis
- Figure 81: Global: Forage Seed Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Forage Seed Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Forage Seed Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Forage Seed Market Forecast: Breakup by Livestock (in Million US$), 2024-2032
- Table 4: Global: Forage Seed Market Forecast: Breakup by Species (in Million US$), 2024-2032
- Table 5: Global: Forage Seed Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Forage Seed Market: Competitive Structure
- Table 7: Global: Forage Seed Market: Key Players
