According to a new market report by Lucintel, the future of the forage seed market looks promising with various opportunities. The forage seed market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increase in livestock population and rising awareness about livestock health and inclination towards natural animal feed.
In this market, alfalfa, clover, ryegrass, and chicory are the major forage seeds. Alfalfa is the largest segment in the forage seed market. Alfalfa improves the digestive and intestinal health of livestock.
With in this market, cattle are expected to remain the largest segment by livestock over the forecast period because quality of milk and meat products depends on the quality of feed fed.
Asia Pacific will remain the largest market over the forecast period due to increase in demand for animal feed, reduction in the availability of grazing land, and growth in demand for dairy products.
Monsanto Company, Land O’Lakes, Advanta Seeds Pty Ltd, Brettyoung, Barenburg Holdings B.V., Allied Seed, LLC, BASF, AMPAC Seed Co., and Imperial Seed Ltd. are among the major manufacturers of forage seeds.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the forage seed market by seed type, livestock, species, origin, form, and region. Lucintel has prepared a comprehensive research report entitled " Forage Seed Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the forage seed market by seed type, livestock, species, origin, form, and region as follows:
By Seed Type [$M shipment analysis for 2013 – 2024]:
• Alfalfa
• Clover
• Ryegrass
• Chicory
By Livestock [$M shipment analysis for 2013 – 2024]:
• Poultry
• Cattle
• Swine
By Species [$M shipment analysis for 2013 – 2024]:
• Legumes
• Grasses
By Form [$M shipment analysis for 2013 – 2024]:
• Green
• Dry
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• Europe
• Asia Pacific
• RoW (Brazil and South Africa)


More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:
Q.1.What are some of the most promising potential, high-growth opportunities for the forage seed market by seed type (alfalfa, clover, ryegrass, and chicory), livestock (poultry, cattle, and swine), species (legumes and grasses), by origin (organic and inorganic), form (green and dry), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the forage seed market?
Q.5.What are the business risks and threats to the forage seed market?
Q.6.What are emerging trends in this forage seed market and the reasons behind them?
Q.7.What are some changing demands of customers in the forage seed market?
Q.8.What are the new developments in the forage seed market? Which companies are leading these developments?
Q.9.Who are the major players in the forage seed market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the forage seed market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities did take place in the last five years in the forage seed market?