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Published Date: 2015-03-02Number of Pages: 81

Global Forage Seed Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Forage seed market is expected to experience steady growth throughout the forecast period. Forage seeds are widely used for livestock feeding to increase their protein, energy, and reproduction level. In this report, the forage seed market is categorized into alfalfa, clover, ryegrass, chicory among others including lablab, fescue. Increasing demand of forage crops for livestock feeding is one of the major factors fueling the demand for forage seeds globally. Alfalfa held the largest market share in 2013 followed by clover and ryegrass. Others including lablab, fescue is the fastest growing segment, growing at a CAGR of 12.4%. The forage seed market has experienced diversified trends across different regions including North America, Europe, Asia Pacific and RoW. Geographically, North America held the largest market share in 2013, and is expected to continue its dominance throughout the forecast period. 

The global forage seed market is expected to witness stable growth owing to rising demand for forage feed for livestock. Apart from this, the economic benefits such as improved soil structure, prevention of soil erosion, crop rotation and risk diversification is also expected to boost the demand for forage seeds globally. The situation is further stimulated due to increasing growth of livestock particularly that of genetically modified animals. The available forages are poor in quality, deficient in available protein, energy and minerals. In order to compensate for the low productivity of the livestock, farmers maintain a large herd of animals, which adds to the pressure on land and fodder resources. 

In North America, the forage seed market is expected to grow significantly, due to growing demand from leading markets such as the U.S., Canada and Mexico. North America would observe steady growth in the forecast period due to increasing demand for weed-free forage products. In addition, the increasing profitability of agricultural farms and livestock farms is fueling the demand for forage seeds. The U.S. and Canada produce premium quality forages for both their respective domestic and the international markets. These countries have approximately 36 million hectares of grassland for livestock grazing and production of forage crops. Alfalfa, clover and ryegrass are some of the popular forage seeds in this region. Currently, Asia Pacific is smaller market as compared to other developed regions. However, this market is expected to witness robust growth during the forecast period. In addition, the economic benefits such as crop rotation and risk diversification of forage seed cultivation are also expected to boost the forage seed market in Asia Pacific. Alfalfa, ryegrass, fescue and chicory are low-price forage seeds and these are easily procured for feeding livestock. China and India are the major markets for forage seed in Asia Pacific due to the countries’ growing livestock population
Global forage seed market is also segmented in terms of livestock type, namely, poultry, cattle, pork/swine and others (including aquaculture). In global forage seed market, poultry segment holds the largest market share, followed by cattle and pork/swine segment. Due to increasing demand for poultry meat and eggs, poultry farms are focusing on better quality forage seeds to improve productivity. In addition, the growing dairy industry is further contributing to the growth of forage crops that helps to increase the demand for forage seed.

Major markets such as the U.S., Canada, France, Ireland, China, India, and Brazil among others are expected to witness robust demand for forage seeds in the coming years. Forage seed market is dominated by key players such as Allied Seed, LLC, S&W Seed Company, Hancock Farm & Seed Co., and Northstar Seed Ltd. These companies supply different forage seeds through strong distribution channels.

Global forage seed market is valued at USD 10,789.3 million in 2014 and is expected to reach USD 17,508.5 million by 2020, growing at a CAGR of 8.4% from 2014 to 2020. The growth in the forage seed market is primarily attributed to growing demand for forage crops for feeding livestock in developed markets such as the U.S., Canada, France, Ireland, China and Brazil. 

global-forage-seed-market

 

 

Chapter 1 Preface

1.1 Report description

1.2 Research scope

1.3 Research methodology

 

Chapter 2 Executive Summary

 

Chapter 3 Market Overview

3.1 Introduction

3.2 Supply chain analysis

3.3 Market drivers

      3.3.1 Replacement of by products reducing the feeding cost

      3.3.2 Changing food habits and rising meat consumption

      3.3.3 Economic benefits of forage seed

3.4 Market restraints

      3.4.1 Rising demand for substitutes

3.5 Market opportunities

      3.5.1 Increasing demand for organic products

3.6 Market attractiveness by type

3.7 Major players

 

Chapter 4 Global Forage Seed Market Analysis, by Product Type

4.1 Overview

4.2 Alfalfa

      4.2.1 Market size and forecast, 2013 – 2020

4.3 Clover

      4.3.1 Market size and forecast, 2013 – 2020

4.4 Ryegrass

      4.4.1 Market size and forecast, 2013 – 2020

4.5 Chicory

      4.5.1 Market size and forecast, 2013 – 2020

4.6 Others

      4.6.1 Market size and forecast, 2013 – 2020

 

Chapter 5 Global Forage Seed Market Analysis, by Livestock Type

5.1 Overview

5.2 Poultry

      5.2.1 Market size and forecast, 2013 – 2020

5.3 Cattle

      5.3.1 Market size and forecast, 2013 – 2020

5.4 Pork/Swine

      5.4.1 Market size and forecast, 2013 – 2020

5.5 Others

      5.5.1 Market size and forecast, 2013 – 2020

 

Chapter 6 Global Forage Seed Market Analysis and Forecast, by Geography

6.1 Introduction

6.2 North America

      6.2.1 North America forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

6.3 Europe

      6.3.1 Europe forage seed value vs. volume market size and forecast, 2013 – 2020 (USD million), (Kilo Tons)

6.4 Asia Pacific

      6.4.1 Asia Pacific forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

6.5 Rest of the World (RoW)

      6.5.1 RoW forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

 

Chapter 7 Company Profiles

7.1 Allied Seed, LLC

      7.1.1 Company overview

      7.1.2 Financial overview

      7.1.3 Business strategy

      7.1.4 Recent developments

7.2 BASF S.E.

      7.2.1 Company overview

      7.2.2 Financial overview

      7.2.3 Business strategy

      7.2.4 Recent developments

7.3 Dow AgroSciences LLC

      7.3.1 Company overview

      7.3.2 Financial overview

      7.3.3 Business strategy

      7.3.4 Recent developments

7.4 S&W Seed Company

      7.4.1 Company overview

      7.4.2 Financial overview

      7.4.3 Business strategy

      7.4.4 Recent developments

7.5 Germinal GB

      7.5.1 Company overview

      7.5.2 Financial overview

      7.5.3 Business strategy

      7.5.4 Recent developments

7.6 Hancock Farm & Seed Co., Inc

      7.6.1 Company overview

      7.6.2 Financial overview

      7.6.3 Business strategy

      7.6.4 Recent developments

7.7 Central Garden & Pet Company

      7.7.1 Company overview

      7.7.2 Financial overview

      7.7.3 Business strategy

      7.7.4 Recent developments

7.8 Northstar Seed Ltd

      7.8.1 Company overview

      7.8.2 Financial overview

      7.8.3 Business strategy

7.9 Heritage Seed Company

      7.9.1 Company overview

      7.9.2 Financial overview

      7.9.3 Business strategy

      7.9.4 Recent developments

 

Chapter 8 Appendix

List of Figures 

 

FIG. 1 Market segmentation: Global Forage Seed Market

FIG. 2 Global forage seed market supply chain analysis

FIG. 3 Consumption of livestock products in million tons per billion people, 2010 and 2020

FIG. 4 Average Revenue from 2007 − 2011 and estimated variable cost 2012 per acre

FIG. 5 U.S. consumption of distillers grains as a substitute for forages in 2013

FIG. 6 Forage seed market attractiveness, by type (2013)

FIG. 7 Global forage seed market share and forecast, by product type, 2013 vs. 2020 (Value %)

FIG. 8 Alfalfa seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 9 Clover seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 10 Ryegrass seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 11 Chicory seed value vs. volume market size and forecast, 2013 – 2020 (USD billion), (Kilo Tons)

FIG. 12 Other forage seed value vs. volume market size and forecast, 2013 – 2020 (USD million), (Kilo Tons)

FIG. 13 Global forage seed market share and forecast, by livestock type, 2013 vs. 2020 (Value %)

FIG. 14 Poultry segment value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 15 Cattle segment value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 16 Pork/Swine segment value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 17 Others livestock value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 18 Global forage seed market share and forecast, by geography 2013 vs. 2020 (Value %)

FIG. 19 North America forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 20 Europe forage seed market size and forecast, 2013 – 2020 (USD Million)

FIG. 21 Asia Pacific forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 22 RoW forage seed value vs. volume market size and forecast, 2013 – 2020 (USD Million), (Kilo Tons)

FIG. 23 BASF SE annual revenue, 2011 – 2013 (USD billion)

FIG. 24 The Dow Chemical Company revenue, 2011 – 2013 (USD billion)

FIG. 25 S&W Seed Company revenue, 2011 – 2013 (USD million)

FIG. 26 Central Garden & Pet Company annual revenue, 2011 – 2013 (USD  million)

List of Tables

 

TABLE 1 Global forage seed market snapshot

TABLE 2 Forage seed market size and forecast by type, 2014 – 2020 (USD Million)

TABLE 3 Global revenue of meat consumption, by type, 2011 − 2014 (USD trillion)

TABLE 4 Global population trends, 2012 – 2025 (Thousands)

TABLE 5 Major players forage seed market

TABLE 6 North America forage seed market size and forecast, by product type, 2013 – 2020 (USD Million),

TABLE 7 North America forage seed market volume and forecast, by product type, 2013 – 2020 (Kilo Tons)

TABLE 8 North America forage seed market size and forecast, by livestock type, 2013 – 2020 (USD Million)

TABLE 9 North America forage seed market volume and forecast, by livestock type, 2013 – 2020 (Kilo Tons)

TABLE 10 Europe forage seed market size and forecast, by product type, 2014 – 2020 (USD Million)

TABLE 11 Europe forage seed market volume and forecast, by product type, 2014 – 2020 (Kilo Tons)

TABLE 12 Europe forage seed market size and forecast, by livestock type, 2013 – 2020 (USD Million)

TABLE 13 Europe forage seed market volume and forecast, by livestock type, 2013 – 2020 (Kilo Tons)

TABLE 14 Asia Pacific forage seed market size and forecast, by product type, 2013 – 2020 (USD Million)

TABLE 15 Asia Pacific forage seed market volume and forecast, by product type, 2013 – 2020 (Kilo Tons)

TABLE 16 Asia Pacific forage seed market size and forecast, by livestock type, 2013 – 2020 (USD Million)

TABLE 17 Asia Pacific forage seed market volume and forecast, by livestock type, 2013 – 2020 (Kilo Tons)

TABLE 18 RoW forage seed market size and forecast, by product type, 2014 – 2020 (USD Million)

TABLE 19 RoW forage seed market volume and forecast, by product type, 2014 – 2020 (Kilo Tons)

TABLE 20 RoW forage seed market size and forecast, by livestock, 2013 – 2020 (USD Million)

TABLE 21 RoW forage seed market size and forecast, by livestock, 2013 – 2020 (Kilo Tons)

Forage seeds are added to livestock feed to increase their level of energy, protein, and reproduction and the global market for forage seeds is anticipated to witness steady growth from 2014 to 2020. The research report is a comprehensive assessment of the global forage seed market and serves as a valuable tool for stakeholders and businessmen. 

The report has been designed to cater to all the research requirements clients may have and the information provided here has been gathered from several primary and secondary sources. Recommendations and sharp insights from leading analysts and industry experts have also been included to add a level of authenticity to the data. Objective suggestions on how to make the most of the opportunities that lie ahead and how to overcome the challenges the clients may face in the forage seed market have also been included in the study.

The global forage seed market has been geographically segmented into Europe, North America, Asia Pacific, and Rest of the World. By livestock, the market is divided into cattle, poultry, swine/pork, and others such as aquaculture. By product, the forage seed market is categorized into clover, ryegrass, alfalfa, chicory, and others. 

Overview of the Forage Seed Market 

The global market for forage seeds is projected to expand at a healthy CAGR of 8.40% from 2014 to 2020, the report’s forecast period. During this time, the value of the forage seed market is anticipated to rise from US$10.7 bn in 2014 to US$17.5 bn by 2020. This rapid growth can be mainly attributed to the rising benefits of forage seeds such as the improvement in soil structure, the prevention of soil erosion, and crop rotation. Other factors driving the forage seed market include the low prices of forage seeds, the growing demand for dairy and meat products, and changing food habits. While the increasing demand for organic products is a trend that is anticipated to benefit the global forage seed market in the coming years, the surging demand for substitutes is likely to hamper its growth. 

By livestock, poultry holds the largest share in the forage seed market, followed by the cattle and pork/swine segments. Owing to the rising demand for poultry meat and eggs, poultry farms have been focusing on improved quality forage seeds that help improve the overall productivity. By product type, alfalfa holds a dominant share in the global forage seed market, followed by clover and ryegrass. By geography, North America forms the leading regional segment, thanks to the increasing demand from Canada, the US, and Mexico. The Asia Pacific forage seed market is comparatively small as of now. However, the surge in the consumption of dairy and meat is projected to boost the regional market in the coming years.

Companies Mentioned in the Report

The leading players in the global forage seed market include BASF S.E., Northstar Seed Ltd, S&W Seed Company, Heritage Seed Company, Central Garden & Pet Company, Dow AgroSciences LLC, Germinal GB, Hancock Farm & Seed Co., Inc., and Allied Seed, LLC. 

Forage Seed Market, by Product

  • Alfalfa
  • Clover
  • Ryegrass
  • Chicory
  • Others (including lablab, fescue, etc.)

Forage Seed Market, by Livestock

  • Poultry
  • Cattle
  • Pork/Swine
  • Others (including aquaculture, etc.)

Forage Seed Market, by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

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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