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

Transparency Market

Research

Global Forage Seed Market - Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

2015-03-02

81 Page Report

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Forage Seed Market Is Expected To Reach USD 17,508.5 Million

By 2020

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Global Forage Seed Market

REPORT DESCRIPTION

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

Forecast 2014 – 2020

Transparency Market Research has published a new market report titled “ Global Forage Seed

Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020. ”

According to the report, global forage seed market is valued at USD 10,789.3 million in 2014 and

is expected to reach USD 17508.5 million by 2020, growing at a CAGR of 8.4% from 2014 to

2020. In North America, the U.S. is an attractive market for forage seeds in 2014 and is expected

to become the most lucrative market for these products by 2020. North America is the major

market for forage seed, followed by Europe and Asia Pacific.

Low price of forage seeds are creating a positive impact on the demand for forage seeds that are

used for feeding livestock. Furthermore, the economic benefits such as prevention of soil erosion,

improve soil structure, crop rotation among others that are caused from cultivation of forage

seeds also helps to increase the demand for the same. Changing food habits and rising demand

for dairy products and meat products is expected to boost the demand for livestock. Therefore,

livestock farmers are focusing on providing good forages to livestock to increase the production

level. Owing to these factors, the demand for forage seed is expected to increase over the

forecast period.

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