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Report Overview

The global forage seed market is expected to reach a value of more than USD 19.72 Billion in 2023. The industry is expected to grow at a CAGR of 9.20% during the forecast period of 2024-2032. Rising global livestock production, driven by increasing meat and dairy consumption, boosts forage seed demand to improve pasture quality and yield. As a result, the market is expected to attain a value of USD 43.54 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • The U.S. livestock sector’s strength in 2022, with millions of animals across various categories, is a major driver for forage seed demand. According to the FAO, increased livestock numbers correlate with greater demand for quality pastures, boosting the need for high-quality forage seed for grazing and animal feed, thus propelling forage seed market growth.
  • Despite their smaller numbers, the 5,065,000 sheep and 2,550,000 goats in the United States are helping to drive up forage seed demand. These animals rely on nutrient-rich pastures, and as the demand for high-quality grazing lands grows, so does the need for specialist forage seed supplies to maintain these livestock.
  • The US poultry business, which has 70,000 turkeys, contributes to the diverse demand for forage seeds. Turkeys, like all animals, require high-quality pasture to graze. As the number of animals in U.S. farming increases, particularly turkeys, so does the demand for tailored forage seed solutions, boosting overall market growth.
Global Forage Seed Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 19.72
Market Size 2032 USD Billion 43.54
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 9.2%
CAGR 2024-2032 - Market by Region Asia Pacific 14.4%
CAGR 2024-2032 - Market by Country China 18.8%
CAGR 2024-2032 - Market by Country India 15.9%
CAGR 2024-2032 - Market by Type Chicory 10.4%
CAGR 2024-2032 - Market by Livestock Cattle 10.1%
Market Share by Country 2023 USA 27.2%

Forage Seed Market Analysis

The forage seed market is growing due to the increased demand for high-quality animal feed and sustainable agriculture. Forage seeds are used to cultivate grasses and legumes that are essential in livestock farming for the provision of nutrients for animals. With the increasing rate of global livestock production and a focus on sustainable agriculture, farmers are increasingly adopting high-yielding, drought-resistant, and nutrient-rich forage seed varieties, thereby boosting the forage seed demand.

Advancements in seed breeding through technology and increasing demand for organic and environmentally friendly products are making further contributions to the market. The demand for forage seeds is very high in those places that carry out intensive livestock farming and pasture-based systems.

Advancements in seed breeding technologies, such as genetic modifications and precision agriculture, are improving the quality and yield of forage seeds. For example, the development of drought-resistant alfalfa and clover varieties supports sustainable farming. Countries like New Zealand and Australia, known for intensive livestock farming and pasture-based systems, are increasing their forage seed demand. Similarly, organic farming practices in Europe have led to a growing preference for environmentally friendly forage seed options, further driving market growth. These trends contribute significantly to the forage seed market's expansion.

Compound Annual Growth Rate

Value in USD Billion

9.2%

2024-2032


Forage Seed Market Outlook

*this image is indicative*

Forage Seed Market Growth

The forage seed market is driven majorly by two factors. To a first instance, the surging demand for livestock feed arises largely from increased global meat consumption and dairy products with improved quality of forage crops, thereby increasing forage seed demand. A strong trend towards sustainable agricultural practice which has become increasingly trending leads to the usage of forage crop-based soil health improvement practices like controlling erosion and even capturing carbon in the ground by farmers further propelling the demand of the forage seed market.

Key Trends and Developments

Forage Seed Market Trends

Recent trends in the forage seed market include increased demand for high-quality, drought-resistant varieties as brought about by climatic changes and water scarcity. There is a new emphasis on seeds that will build soil health and help in sustainable farming. Precision agriculture and other information technology are being adopted by farmers on a large scale to make better choices and get better yields. 

Another added interest is in different forage mixtures—better feed for livestock and increased resilience in this regard. Companies are as well investing in reasonable expenditure on research and development to cater to these emergent needs, thereby supporting the global demand of the forage seed market. 

Companies like DLF Seeds and Limagrain are investing in R&D to develop hybrid forages that improve livestock health and productivity. For example, Limagrain's focus on developing clover and alfalfa mixtures has contributed to higher yields and sustainability in farming systems. This, combined with a global shift towards more sustainable agricultural practices, has amplified demand for advanced forage seed solutions.

Forage Seed Market Dynamics

The market for forage seeds offers growth opportunities due to the increasing demand for sustainable agriculture and livestock feed, bolstering the forage seed market opportunities. For instance, increasing drought-resistant variety adoption such as chicory is an important opportunity wherein a bigger opportunity is provided because of resilient crops in areas facing water scarcity. Besides, organic farming expansion provides space for organic forage seeds in alfalfa. Government initiatives to promote soil health and pasture management do offer opportunities for growth especially in South America and Africa.

Forage Seed Market Restraints

  • Adverse weather such as drought, flood, and extreme temperatures can substantially impact the yield and quality of the seeds.
  • High-quality forage seeds are expensive because of breeding, cultivation, harvesting, and processing, leading to the forage seed market challenges.
  • Low-quality forages resulting from such reduced crop performance, leading to low returns on investment and aerodamage to farmers' confidence in the market.
  • Forage seeds face competition from synthetic feed forages that threaten to replace them.
  • The phytosanitary regulation by stringent governance prohibits export or importation since certification requirements and trade restrictions govern their trade.
  • This thus implies that the supply chain is at times disrupted by political rows between nations, trade restrictions, and natural disasters, which in turn affects the availability and cost of forage seeds.

Forage Seed Industry Segmentation

“Forage Seed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

The market can be broadly categorised on the basis of type into:

  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory
  • Others

Based on livestock, the market is classified into:

  • Poultry
  • Cattle
  • Pork

On the basis of species, the market is bifurcated into:

  • Legumes
  • Grasses

Based on region, the market can be segregated into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Forage Seed Market Share

By Type Analysis

Alfalfa is on the rise in the forage seed market, as its high protein helps serve the purpose better for livestock feed. Clover is preferred because of its ability to fix nitrogen, which enhances soil fertility and thereby works well for sustainable farming. Ryegrass is highly sought after due to its fast growth rate and high yield, more prevalent in temperate climates. As per forage seed market analysis, chicory is widely considered for drought resistance and quality pasture improvement. The rapid growing demand for sustainable, high-yielding forage crops is leading to its adoption.

Market Share by Country
USA 27%
Canada XX%
UK XX%
Germany XX%

Market Analysis by Livestock

Forage seeds are particularly gaining popularity due to the growing demand for nutritious feed in poultry, cattle, and pork production. For poultry, good-quality forage such as alfalfa boosts egg production and improves meat quality. For cattle, nutrient- and energy-rich forage such as ryegrass increases milk yield and weight gain. In pork production, a variety of forage options supports healthier, more sustainable feeding practices. With the growth of livestock farming, demand for specialised, high-quality forage seed varieties will increase.

Market Insights by Species

Legumes and grasses are becoming increasingly popular in the forage seed market, as they can complement each other. Legumes like alfalfa fix nitrogen in the soil, which improves soil fertility and also provides high protein feed for livestock. As per forage seed industry analysis, grasses, such as ryegrass, have fast growth rates with high yields, showing resilience in different climates. Both are a fundamental part of sustainable farming practices by improving feed quality and enhancing livestock health, thus increasing adoption across the agricultural sector.

Forage Seed Market Regional Insights

North America Forage Seed Market Opportunities

Government incentives and farming policies regarding the production of soil conservation and livestock feed are major drivers for this forage seed market growth in North America. For instance, the U.S. Department of Agriculture's Conservation Reserve Program promotes direct Contracting farmers to plant more crops, such as forage crops, for environmental benefits that encourage the growth in their forage seed market. Growing demand for organic feed constitutes another aspect of its growth.

CAGR 2024-2032 - Market by Country
China 18.8%
India 15.9%
Brazil 12.8%
Mexico 10.9%
Australia 9.8%
Japan 8.6%
USA XX%
Canada XX%
UK XX%
Germany XX%
France XX%
Italy XX%
Saudi Arabia XX%

Asia Pacific Forage Seed Market Trends

Trends in the Asia Pacific forage seed market are largely driven by increased farming and subsequent demand for quality animal feed associated with livestock enterprises. Key trends include the adoption of sustainable farming practices enhanced through government policies, such as in India and China, leading to soil health improvement and efficient livestock management. The market is also seeing improved forage varieties as well as innovations in climate-resilient seeds, which farmers seek to overcome new weather patterns and optimise these production in the region.

Europe Forage Seed Market Dynamics

The increasing demand for sustainable livestock feed and soil health initiatives propel the Europe forage seed market. Companies such as DLF Seeds and Limagrain are innovating and leading when it comes to high-quality forage seed varieties. Improved yield and drought resistance in forage crops are features recommended for these companies' products. More importantly, EU governments are offering incentives for the cultivation of forage crops through government policies. Furthermore, increasing interest in organic farming and livestock management is improving the market, and forage seeds are becoming essential in maximising production while minimising environmental impacts.

Middle East and Africa Forage Seed Market Drivers

The forage seed market in the Middle East and Africa is pushed by the need for sustainable livestock feed and soil improvement. In the North African region and the Middle East, water availability is scant, and the need to have drought-resistant forage varieties is driving farmers. Government initiatives, such as Saudi Arabia and South Africa, promote sustainable farming and improved pasture management. In addition, the development of modern farming technology is increasing forage production thereby promoting the use of better quality forage seeds across the region. 

Latin America Forage Seed Market Insights

Demand for high-quality livestock feed in Latin America as well as sustainable agriculture practices has seen the growth of the Latin America forage seed market. Corteva Agriscience and Pioneer Seeds are leading innovations in drought-resistant and high-yield forage varieties. Vast agricultural landscapes at their disposal, countries such as Brazil and Argentina are expanding forage production to meet the growing demand in the livestock sector. Government support through sustainable farming practices is another boost for this market in the region.

Competitive Landscape

The forage seed market players are aiming to implement a lot of strategies to gain a competitive edge in the global market for forage seeds. Any firm offering a large portfolio of forage seed types is better positioned to serve a large customer base. Those that can refine supply chains, better handle inventories, and decrease logistical costs will be able to deliver competitive prices with lower hassle customer service, helping in enhancing the forage seed industry revenue. Those forage seed companies that have an established network of distribution channels will be able to reach a larger pool of customers and make inroads into new markets more effectively. Therefore, strategic alliances and partnerships amongst research institutes, agricultural organisations, or other industry participants can favourably position a company in the market.

Corteva Inc.

Corteva Inc., headquartered in Indiana and founded in 2019, has invested heavily in research and development to come up with innovative seed varieties that have higher nutritional value and are more adaptable to varied climatic conditions. Corteva mixes seed and crop protection solutions to make it easier for farmers to grow more food with reduced environmental impact. It has made some targeted investments in building regional market presence deeper in Asia-Pacific and Latin America by building local production and distribution networks.

DLF Seeds A/S

DLF Seeds A/S, established in 1904 and headquartered in Roskilde, Denmark, invested in research and developmen...

BASF SE

BASF SE, established in 1865 in Ludwigshafen, Germany, is dependent on the development of new types of seeds, ...

UPL Limited

UPL Limited is an Indian company established in 1969. The company is situated in Mumbai, India. The company de...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the forage seed market report include BrettYoung, DLF Seeds A/S, Forage Genetics International, LLC, RAGT SA, S&W Seed Co., Growmark FS, LLC, and Germinal GB, among others.

Innovative Forage Seed Startups

The forage seed market startups are developing high-quality seeds to achieve enhanced livestock nutrition, maximize yields, and enhance agricultural sustainability. They focus on drought-resistant and high-yield forage varieties along with organic and multispecies variants. Advanced breeding and coating technologies enable them to grow in response to increasing demands from eco-friendly farming solutions in various climates, ensuring sustainable livestock production globally.

PasturePro Seeds

The specialty of PasturePro Seeds is high-yield and drought-resistant forage seed varieties that cater to sustainable livestock farming. Innovative seed coatings enhance germination, soil health, and productivity in challenging climates.

GreenSprout AgriTech

GreenSprout AgriTech creates organic and non-GMO forage seed products with a focus on sustainable agriculture practices. The multispecies seed blends enhance pasture biodiversity, livestock nutrition, and soil health that gain momentum globally.

Forage Seed Market Report Snapshots

Forage Seed Market Size

Forage Seed Market Growth

Forage Seed Market Trends

Forage Seed Market Share

Forage Seed Companies

Forage Seed Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 19.72 Billion.

The forage seed market is assessed to grow at a CAGR of 9.20% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 43.54 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.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final 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:

  • Type
  • Livestock
  • Species
  • Region
Breakup by Type
  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory
  • Others
Breakup by Livestock
  • Poultry
  • Cattle
  • Pork
  • Others
Breakup by Species
  • Legumes
  • Grasses
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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

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+44-753-713-2163

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