Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
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.
Base Year
Historical Year
Forecast Year
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.
Key industry leaders in this market are:
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, established in 1904 and headquartered in Roskilde, Denmark, invested in research and development to produce high-performance seed varieties for better disease resistance and yield potential. The company undertakes the development of environmentally-friendly forage seeds to link up with land use supporting soil fertility and biodiversity within sustainable agriculture. DLF Seeds targets expanding its geographical presence in North America, Latin America, and Asia-Pacific by forming strategic alliances and through market development activities.
BASF SE, established in 1865 in Ludwigshafen, Germany, is dependent on the development of new types of seeds, mainly being high-yielding and providing resistance, enhanced climatic tolerance, and other abilities. It produces seeds designed for a resource-efficient, environmentally friendly farming approach. Further, the company invests in strategies, partnerships, and local provision of production in such countries, thus providing several forage seed market opportunities.
UPL Limited is an Indian company established in 1969. The company is situated in Mumbai, India. The company deals with research and development of seeds that are superior in quality, giving excellent yields and crop disease resistance. The company also attempts to encourage sustainable agriculture with environmentally-friendly products and solutions. Over the years, UPL has been able to grow its footprints in newer markets through strategic buyouts and partnerships.
BrettYoung Seeds Limited, incorporated in the year 1934, based in Winnipeg, Canada, applies its professional knowledge to strict quality control to ensure that only the highest-grade seeds are supplied to farmers. They offer solutions that meet the different needs of various agricultural regions and provide the necessary education to farmers so they can continue farming sustainably by making the right decisions.
Other key players in the forage seed market report include Forage Genetics International, LLC, RAGT SA, S&W Seed Co., Growmark FS, LLC, and Germinal GB, among others.
*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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
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.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124