Summary

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 Frøselskab 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?

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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
9.2 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
9.3 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
9.4 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
9.5 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 Frøselskab 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
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