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Published Date: 2014-04-24Number of Pages: 77

Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Forage consists of grasses, herbaceous legumes, tree legumes, silage, green feed and hay. Nearly 200 plant species have been known as forage crops. The market for forage is segmented as fresh forage and stored forage. Fresh forage provides the highest quality and the most palatable feed possible. Stored forage is harvested as hay and can be chopped and packed in plastic bags. Benefits from forage crops are not just limited to livestock production. They also contribute to food crop production by conserving soil, landscape and wildlife, protecting the environment from pollution, and revegetating and reclamation of degraded land. They are also sources of high quality proteins for medical and pharmaceutical products. The global forage feed market in terms of revenue was valued at USD 85.06 billion in 2013.

Different kinds of forage crops can be classified as permanent meadows, temporary meadows, annual crops and crops. Permanent meadows mainly consist of perennial legumes and grasses. Here, the land used to grow forage is used for a period of five years or more. These are harvested manually or grazed. In temporary meadows the land used to grow forage is used for a period of less than five years. These forage crops either grow in the wild or are cultivated. Annual crops are high production grains such as wheat, sorghum and maize. Crops are both forage and subsistence such as cowpea and sorghum.

The market for forage feed by product type in 2013 was majorly dominated by stored forage and accounted for 41.51% of the total market share. In future stored forage is likely to lose its market share slightly due to increasing health conscious among consumers regarding animal health. Others kind of forages combined together had around 20% of the market share.

In terms of livestock, the market for forage feed was dominated by poultry accounting for 33.1% of market share in 2013.  This is followed pork/swine contributed close to 29% of the market share in terms of revenue. Cattle comparatively accounted for lower share but in future market share is expected to increase due to multiple benefits such as transportation, milk, beef and leather uses from cattles.
Forage feed manufacturing has a global reach. In terms of volume Asia Pacific accounted for more than 30% of the overall market share in 2013 and it is expected to maintain its dominance for the next six years. This is driven by rising population, increasing disposable income and progressive urbanization in Asia Pacific. Europe accounts for around 30% of the forage feed market share. North America and RoW have the remaining market share.

Some of the major players of the market areTriple Crown Nutrition, Inc., Standlee Hay Company, Inc., Cargill, Incorporated, Baileys Horse Feeds, Semican Inc., The Pure Feed Company Limited and J. Grennan and Sons.

global-forage-feed-market-revenue-share-by-livestock-type-2012-and-2019

Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope
      1.3.1 Assumptions
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 Global forage feed market, 2012 – 2019 (Million Ton) (USD Billion)

Chapter 3 Global Forage Feed Market – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Drivers
      3.3.1 Consumption of livestock products in million tons
3.4 Restraints
      3.4.1 Rising demand for substitutes
               3.4.1.1 U.S. consumption of distillers grains as a substitute to forage feed (in 2013)
      3.4.2 Lack of funding for forage research
3.5 Opportunities
      3.5.1 Product innovations
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of substitutes
      3.6.4 Threat of new entrants
      3.6.5 Degree of Competition

Chapter 4 Forage Feed Market – Product Segment Analysis
4.1 Fresh Forage
      4.1.1 Global fresh forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
4.2 Stored Forage
      4.2.1 Global stored forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
4.3 Others Forage
      4.3.1 Global other forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)

Chapter 5 Forage Feed Market– Livestock Type
5.1 Pork/Swine
      5.1.1 Global Pork/Swine market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
5.2 Poultry
      5.2.1 Global Poultry market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
5.3 Cattle
      5.3.1 Global Cattle market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
5.4 Aquaculture
      5.4.1 Global Aquaculture market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)
5.5 Other
      5.5.1 Global Others market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion)

Chapter 6 Forage Feed Market – Regional Analysis
6.1 Global forage feed market, revenue share by geography, 2013 and 2019
6.2 North America
      6.2.1 North America Forage Feed Market Volume, by Region, 2012 - 2019 (Million Ton)
      6.2.2 North America Forage Feed Market Revenue, by Region, 2012 - 2019 (USD Billion)
      6.2.3 North America Forage Feed Market Volume, by Livestock type, 2012 - 2019 (Million Ton)
      6.2.4 North America Forage Feed Market Revenue, by Livestock type, 2012 - 2019 (USD Billion)
6.3 Europe
      6.3.1 Europe Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton)
      6.3.2 Europe Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion)
      6.3.3 Europe Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton)
      6.3.4 Europe Forage Feed Market Revenue, by Livestock type, 2013 - 2019 (USD Billion)
6.4 Asia Pacific
      6.4.1 Asia Pacific Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton)
      6.4.2 Asia Pacific Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion)
      6.4.3 Asia Pacific Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton)
      6.4.4 Asia Pacific Forage Feed Market Revenue, by Livestock type, 2013 - 2019 (USD Billion)
6.5 RoW
      6.5.1 RoW Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton)
      6.5.2 RoW Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion)
      6.5.3 RoW Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton)
      6.5.4 RoW Forage Feed Market Revenue, by Livestock type, 2013 – 2019 (USD Billion)

Chapter 7 Company Profiles
7.1 Triple Crown Nutrition, Inc.
      7.1.1 Company overview
      7.1.2 Product Portfolio
      7.1.3 Business strategy
      7.1.4 SWOT analysis
      7.1.5 Recent developments
7.2 Standlee Hay Company, Inc.
      7.2.1 Company overview
      7.2.2 Product Portfolio
      7.2.3 Business strategy
      7.2.4 SWOT analysis
      7.2.5 Recent developments
7.3 Cargill, Incorporated
      7.3.1 Company overview
      7.3.2 Product Portfolio
      7.3.3 Business strategy
      7.3.4 SWOT analysis
      7.3.5 Recent developments
7.4 Baileys Horse Feeds
      7.4.1 Company overview
      7.4.2 Product Portfolio
      7.4.3 Business strategy
      7.4.4 SWOT analysis
      7.4.5 Recent developments
7.5 Semican, Inc.
      7.5.1 Company overview
      7.5.2 Product Portfolio
      7.5.3 Business strategy
      7.5.4 SWOT analysis
7.6 The Pure Feed Company Limited
      7.6.1 Company overview
      7.6.2 Product Portfolio
      7.6.3 Business strategy
      7.6.4 SWOT analysis
      7.6.5 Recent developments
7.7 J. Grennan and Sons
      7.7.1 Company overview
      7.7.2 Product Portfolio
      7.7.3 Business strategy
      7.7.4 SWOT analysis
      7.7.5 Recent developments
7.8 BASFSE
      7.8.1 Company overview
      7.8.2 Financial Overview
      7.8.3 Product Portfolio
      7.8.4 Business strategy
      7.8.5 SWOT analysis
      7.8.6 Recent developments
7.9 ADM Alliance Nutrition, Inc.
      7.9.1 Company overview
      7.9.2 Product Portfolio
      7.9.3 Business strategy
      7.9.4 SWOT analysis
      7.9.5 Recent developments
7.10 Chaffhaye, Inc.
      7.10.1 Company overview
      7.10.2 Product Portfolio
      7.10.3 Business strategy
      7.10.4 SWOT analysis
      7.10.5 Recent developments
7.11 Brett Young Seeds
      7.11.1 Company overview
      7.11.2 Product Portfolio
      7.11.3 Business strategy
      7.11.4 SWOT analysis
      7.11.5 Recent developments
7.12 NWF Agriculture Limited
      7.12.1 Company overview
      7.12.2 Product Portfolio
      7.12.3 Business strategy
      7.12.4 SWOT analysis
      7.12.5 Recent developments

List of Figures

FIG. 1 Forage Feed market segmentation 
FIG. 2 Global forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 3 Value chain analysis 
FIG. 4 Consumption of livestock products in million tons 
FIG. 5 U.S. consumption of distillers grains as a substitute to forage feed (in 2013) 
FIG. 6 Porter’s five forces analysis 
FIG. 7 Global fresh forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 8 Global stored forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 9 Global other forage feed market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 10 Global Pork/Swine market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 11 Global Poultry market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 12 Global Cattle market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 13 Global Aquaculture market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 14 Global Others market, volume and revenue, 2012 – 2019 (Million Ton) (USD Billion) 
FIG. 15 Global forage feed market, revenue share by geography, 2013 and 2019

List of Tables

TABLE 1 Global Forage Feed Market: Snapshot, 2012 & 2019 
TABLE 2 Drivers for Forage Feed Market: Impact Analysis 
TABLE 3 Global meat consumption, by type, 2011-2018 (USD trillion) 
TABLE 4 Global population trends, 2011 – 2025 (Thousands) 
TABLE 5 Per capita income in developing nations, 2010 - 2011 (USD) 
TABLE 6 North America Forage Feed Market Volume, by Region, 2012 - 2019 (Million Ton) 
TABLE 7 North America Forage Feed Market Revenue, by Region, 2012 - 2019 (USD Billion) 
TABLE 8 North America Forage Feed Market Volume, by Livestock type, 2012 - 2019 (Million Ton) 
TABLE 9 North America Forage Feed Market Revenue, by Livestock type, 2012 - 2019 (USD Billion) 
TABLE 10 Europe Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton) 
TABLE 11 Europe Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion) 
TABLE 12 Europe Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton) 
TABLE 13 Europe Forage Feed Market Revenue, by Livestock type, 2013 - 2019 (USD Billion) 
TABLE 14 Asia Pacific Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton) 
TABLE 15 Asia Pacific Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion) 
TABLE 16 Asia Pacific Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton) 
TABLE 17 Asia Pacific Forage Feed Market Revenue, by Livestock type, 2013 - 2019 (USD Billion) 
TABLE 18 RoW Forage Feed Market Volume, by Region, 2013 - 2019 (Million Ton) 
TABLE 19 RoW Forage Feed Market Revenue, by Region, 2013 - 2019 (USD Billion) 
TABLE 20 RoW Forage Feed Market Volume, by Livestock type, 2013 - 2019 (Million Ton) 
TABLE 21 RoW Forage Feed Market Revenue, by Livestock type, 2013 - 2019 (USD Billion)


According to the Food and Agriculture Organization of the United Nations, around 26% of the world’s land area and about 70% of the agricultural area is covered by grasslands, which contribute to the livelihoods of millions. Grasslands are a source of goods such as food and forage. The global forage feed market has been experiencing significant expansion over the years. This can be attributed to the surge in global meat consumption, growth in farm animal production, and increasing awareness about the health benefits of forage feed in animals.

The research report maps all the important aspects of the forage feed market. It covers prominent market trends, market projections, retail distribution, forage feed companies data in terms of volume and value. Furthermore, the report presents a snapshot of the most significant product innovations in the forage feed market that will influence the market during the forecast period of 2013 to 2019.

Overview of the global forage feed market

Forage feed is that part of a plant that features the stem and leaves. Grazing animals typically feed on this part to obtain nutrients. Grass and leguminous plant varieties fall under the category of forage crops. Besides feeding foraging animals such as sheep cattle, goats, and buffalos, these are also used to conserve land and to prevent soil erosion. The report states that the global forage feed market is anticipated to grow at an 11.4% CAGR in terms of revenue and at a 9.2% CAGR in terms of volume during the forecast period.

By product-type, the global forage feed market is classified into storage forage, fresh forage, and others. The main types of livestock covered in the forage feed market are poultry, cattle, port or swine, aquaculture, and others. 

Storage forage feed dominated the global market of forage feed and contributed to 41.5% market share in 2013. The poultry livestock sector is the second-leading livestock segment in terms of revenue and accounted for a market share of 33.1% in 2013. The poultry segment was followed by pork/swine sector, which generated 29.1% market revenue in 2013.

Geographically, Asia Pacific is the leading regional forage feed market with a 34.2% share of the total revenue in 2013. China, Japan, and India are pushing forward the Asia-Pacific market and the region will experience an 11.8% CAGR during the forecast period. The next important regional market in 2013 was Europe with a 28.1% market share. Though several sectors in the global forage feed market promise good growth in the coming few years, the market will be suppressed by inadequate funding for research compounded by a greater demand for substitutes.

Companies mentioned in the research report 

The global forage feed market is dominated a few key players. These include: Standlee Hay Company, Inc., Triple Crown Nutrition, Inc., Baileys Horse Feeds, Cargill, Incorporated, The Pure Feed Company Limited, Semican Inc., and J. Grennan and Sons.

The global forage feed market according to product is segmented into:
  • Stored forage
  • Fresh forage
  • Others
According to livestock-type, the report segments the market into:
  • Poultry
  • Cattle
  • Pork/Swine
  • Aquaculture
  • Others
Major geographies analyzed under this research report are: 
  • Europe
  • North America 
  • Asia-Pacific 
  • Rest of the World 
This report gives you access to decisive data such as:
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
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