Forage Seed Market Size, Share & Trends Analysis Report, By Breeding Technology, (Hybrids, Open Pollinated Varieties & Hybrid Derivatives), By Crop (Alfalfa, Forage Sorghum), By Region, And Segment Forecasts, 2024 - 2030

Forage Seed Market Size, Share & Trends Analysis Report, By Breeding Technology, (Hybrids, Open Pollinated Varieties & Hybrid Derivatives), By Crop (Alfalfa, Forage Sorghum), By Region, And Segment Forecasts, 2024 - 2030

Forage Seed Market Size & Trends

The global forage seed market size was estimated at USD 4.71 billion in 2023 and is projected to grow USD 6.19 billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030. Owing to the demand for high-quality seeds used in livestock feed is experiencing significant growth, primarily driven by the increasing global livestock population. As the demand for meat and dairy products rises, farmers are seeking effective ways to enhance the nutritional value of animal feed.

Another key factor contributing to this demand is the growing emphasis on sustainable agricultural practices and soil health improvement. Farmers are increasingly recognizing the benefits of integrating these crops into their farming systems, as they not only provide essential nutrients for livestock but also enhance soil fertility and structure. This dual benefit is particularly important in regions facing challenges such as soil degradation and climate change. The rising awareness of the importance of sustainable farming practices is encouraging more farmers to invest in these crops, further driving market demand.

Additionally, socio-economic factors play a crucial role in shaping the market landscape. The shift in consumer preferences towards organic and natural animal products is influencing farmers to adopt high-quality seeds that align with these trends. As consumers become more health-conscious and environmentally aware, the demand for organic meat and dairy products is expected to rise. This shift is prompting livestock producers to seek out seeds that not only improve animal health but also contribute to the overall sustainability of their farming operations, thereby reinforcing the growth trajectory of the market.

In China, the demand for high-quality seeds used for livestock feed is on the rise, driven by the country's growing livestock population and the increasing consumption of meat and dairy products. According to China's Development Plans for Adjustment of Crop Farming Structure, the area dedicated to these crops is projected to reach 6.3 million hectares, with a significant portion allocated to corn silage. This shift is essential as quality seeds are crucial for enhancing the nutritional value of animal feed, which directly impacts the yield of milk and meat production. However, domestic production of these seeds has not kept pace with demand, leading China to become the largest importer of such seeds in the Asia-Pacific region, primarily sourcing from the U.S.

Globally, the market for seeds used in livestock feed is expanding rapidly. This growth is fueled by the increasing demand for organic and high-nutritional animal feeds, as consumers become more health-conscious and environmentally aware. The rise in livestock numbers, coupled with a growing appetite for protein-rich meat products, is driving farmers to seek out superior seed varieties that can enhance feed quality and yield. Regions such as North America and Europe are leading the market, with North America accounting for a significant share due to its advanced agricultural practices and high livestock production

Global Forage Seed Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global forage seed market report based on breeding technology, crop, and region.

• Breeding Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• Hybrids
• Open Pollinated Varieties & Hybrid Derivatives
• Crop Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• Alfalfa
• Forage Corn
• Forage Sorghum
• Others
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Brazil
• Argentina
• Middle East and Africa
• Saudi Arabia
• South Africa

Please note The report will be delivered in 4-8 business days upon order notification.