Global Forage Seed Market 2017-2021

Overview of the global forage seed market

Technavio’s market research report has identified the growing awareness about the usage of forage seeds in the conservation of soil and water to be one of the primary factors driving the growth of the forage seed market till 2021. The growing awareness is encouraging farmers to cultivate forage seeds on soil and water conservation constructions, on the farmland boundaries and around farmlands. They are also focusing on the prevention of loss of soil and water by using improved forages integrated with other food crops. The integration of forage seeds with row crops reduces the need for nitrogen fertilizers. Moreover, it also reduces the need for fossil energy and the associated carbon emissions and rebuilds soil organic matter. Furthermore, it also aids in yielding the greatest net returns per unit of irrigation water used. Our market research analysts have predicted that this market will grow at a CAGR of almost 10% by 2021.

One of the key trends that will gain traction in the forage seed market during the forecast period is the rising demand for weed-free forage seeds. Weeds are invasive and are harmful to fields. The federal lands that are damaged by fires require certified weed-free forage for the restoration of seeded areas. This encourages several organizations to inspect the standards of forage before using them on these lands. This will further drive the popularity of weed-free forage, which will subsequently drive the forage seed market trends,

Competitive landscape and key vendors

The forage seed market is characterized by the presence of numerous forage seed companies and appears to be highly fragmented. According to the forage seed market analysis research report, the increasing strategic alliances will intensify the competitive environment among the forage seed companies in the coming years and this in turn, will boost the product development and R&D activities.

Key vendors in this market are -

• Allied Seed
• DuPont
• The Dow Chemical Company
• UPL

Other prominent vendors in the market include Ampac Seed Company, Barenbrug, BASF, BrettYoung, Land O’Lakes, Hancock Seed, Monsanto, Imperial Seed, Germinal, and S&W Seed Company.

Segmentation by animal feed type and analysis of the forage seed market

• Poultry feed
• Swine feed
• Cattle feed

Poultry animals require proper nutrition to produce healthy and fresh meat and eggs. As a result, poultry farmers focus on feeding their chickens with a mixture of grains such as alfalfa seeds and forage clover. The amount of feed that a poultry farmer needs for a flock can be minimized by providing forage feed to chickens as forages provide sufficient poultry nutrition. According to our industry research experts, the poultry feed segment will account for the maximum share of the forage seed market in the coming years.

Segmentation by geography and analysis of the forage seed market

• Americas
• APAC
• EMEA

The increasing consumer demand for dairy and animal products is resulting in an increased demand for forage seeds in the Americas. The consumption of forage seeds will increase in the region during the projected period due to the rising demand for cattle feed and the need for organic food products. This will positively impact the forage seed market size and share in the region. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global forage seed market?
• What are the key market trends impacting the growth of the global forage seed market?
• What are the challenges to market growth?
• Who are the key vendors in the global forage seed market?
• What are the market opportunities and threats faced by the vendors in the global forage seed market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global forage seed market?

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