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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Forage Seed Market Size

The United States forage seed market reached a value of nearly USD 692.08 million in 2023. The market is estimated to grow at a CAGR of 2.4% during the forecast period of 2024-2032 to attain around USD 860.32 million by 2032.

United States Forage Seed Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million 692.08
Market Size 2032 USD Million 860.32
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 2.4%
CAGR 2024-2032 - Market by Region Southeast 2.4%
CAGR 2024-2032 - Market by Region New England 2.3%
CAGR 2024-2032 - Market by Type Alfalfa 2.8%
CAGR 2024-2032 - Market by Livestock Ruminants 2.8%
Market Share by Region New England 5.1%

United States Forage Seed Market Outlook

The United States forage seed market expansion is being fuelled by the growth of the animal feed industry. As per the Institute of Feed Education and Research, the demand for animal feed is expected to grow by 2.5% by 2025 to meet the rising demand for food and dairy domestically. Moreover, the increasing focus on animal welfare has necessitated the delivery of optimum nutrition requirements for livestock and poultry, thereby accelerating the demand for forage seeds like soybeans.

With rapid technological advancements, forage crop cultivators are expected to cultivate unique crop varieties and boost farmland productivity to earn better returns. This is expected to play a critical role in driving economic development. Forage crops like soybean are used to enhance the palatability of animal feed and improve the nutritional uptake of livestock. The growth of the agricultural sector is also expected to complement the United States forage seed market development in the forecast period.

The Rising Demand for Alfalfa Due to its Excellent Nutritional Profile is One of the Crucial United States Forage Seed Market Trends

  • Alfalfa is expected to experience the highest growth, with a CAGR of 2.8%. The United States forage seed demand growth is driven by the high nutritional value of alfalfa, its widespread use in livestock feed, and its ability to improve soil health through nitrogen fixation. 
  • Ryegrass, growing at a CAGR of 2.6%, remains popular due to its versatility, rapid growth, and suitability for various climates. 
  • Clover is estimated to grow at a CAGR of 2.5% during the forecast period of 2024-2032. The benefits of clover in mixed pasture systems and its role in improving soil fertility are increasing the United States forage seed market value. 
  • Chicory, growing at a CAGR of 2.4%, reflects niche market demand for its high digestibility and potential health benefits for livestock. 
  • As per the United States forage seed market analysis, the 'Others' category, with a CAGR of 2.3%, includes various other forage seeds contributing to overall market growth, driven by diverse agricultural practices and livestock needs.

The Growing Demand for High-Quality Forage is Driving the United States Forage Seed Market Growth

  • Ruminants are expected to lead with the highest CAGR of 2.8% between 2024 and 2032. The increasing demand for high-quality forage to support the nutrition and productivity of dairy and beef cattle is boosting the United States forage seed market revenue. 
  • Poultry, growing at a CAGR of 2.6%, reflects the rising use of forage-based diets to enhance poultry health and product quality. 
  • Swine, with a CAGR of 2.5%, is expected to represent a major portion of the United States forage seed market share. The segment’s growth is being driven by the rising need for diversified feed options that include forage components. 
  • Equine, growing at a CAGR of 2.3%, benefits from the demand for high-quality forage to support the dietary needs of horses. 
  • As per the United States forage seed industry statistics, the 'Others' category, with a CAGR of 2.2%, includes various other livestock such as goats and sheep, contributing to overall market growth, driven by the increasing use of forage seeds across different livestock sectors.

United States Forage Seed Market Regional Analysis

  • The Far West region is expected to lead with the highest CAGR of 2.8%. The region's favourable climate for forage crop cultivation and significant investments in agricultural innovations are creating the United States forage seed market opportunities. 
  • The Rocky Mountain region follows with a CAGR of 2.6%, supported by the increasing adoption of high-quality forage seeds to improve livestock nutrition and productivity. 
  • The Southwest is projected to grow at a CAGR of 2.5% during the forecast period of 2024-2032. The expanding livestock farming and the need for resilient forage crops suited to arid conditions are shaping the United States forage seed market dynamics and trends. 
  • The Southeast, growing at a CAGR of 2.4%, shows significant growth due to the region's robust livestock industry and diverse forage requirements. 
  • New England, with a CAGR of 2.3%, and the Mideast, with a CAGR of 2.1%, exhibit steady growth driven by niche farming operations and growing interest in sustainable forage practices. 
  • The United States forage seed market regional insights suggest that the Plains region, with a CAGR of 2.0%, and the Great Lakes region, with a CAGR of 1.8%, experience moderate growth due to stable but slower adoption of improved forage seeds.
CAGR 2024-2032 - Market by Region
Southeast 2.4%
New England 2.3%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest 2.5%
Rocky Mountain 2.6%
Far West 2.8%

Key Questions Answered in This Report:

  • How has the United States forage seed market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States forage seed market?
  • What are the key segments within the United States forage seed market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States forage seed market?
  • Who are the key players in the United States forage seed market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States forage seed market globally or regionally?
  • How competitive is the United States forage seed market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States forage seed market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States forage seed market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States forage seed market?
  • How sustainable are current growth rates in the United States forage seed market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States forage seed market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States forage seed market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States forage seed market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States forage seed market?
  • What are the regulatory and legal frameworks impacting the United States forage seed market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States forage seed market?
  • What are the emerging market trends and niche opportunities within the United States forage seed market that stakeholders should be aware of?
  • How resilient is the United States forage seed market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States forage seed market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States forage seed market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States forage seed industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States forage seed market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States forage seed market landscape.

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:

  • Type
  • Livestock
  • Region
Breakup by Type
  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory
  • Others
Breakup by Livestock
  • Ruminants
  • Poultry
  • Swine
  • Equine
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
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
  • DLF Seeds A/S
  • Barenbrug Group
  • Pennington Seed, Inc.
  • Allied Seed, LLC
  • S&W Seed Company
  • 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.*

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

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+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124