Global Forage Feed Market to Reach Us$162.8 Bn by 2019 Owing to Rising Livestock Product Consumption

Transparency Market

Research

Forage Feed Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2013 - 2019

Published Date

24-04-2014

77 Page Report

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Press Release

Global Forage Feed Market to Reach US$162.8 bn by 2019

owing to Rising Livestock Product Consumption

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Forage Feed Market

REPORT DESCRIPTION

Transparency Market Research has published a new report on the global forage feed market. According to

the report, the global forage feed market was valued at US$85 bn in 2013 and is predicted to reach

US$162.8 bn by 2019. The report, titled ‘Forage Feed Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast, 2013 - 2019’, states that the global forage feed market is predicted to

expand at an 11.40% CAGR during the period from 2013 to 2019. In terms of volume, the global forage

feed market is predicted to rise at a 9.20% CAGR during the forecast period.

Browse the full Forage Feed Market report at : http://www.transparencymarketresearch.com/foragefeed-market.html

As per the Food and Agriculture Organization of the United Nations, 26% of the global land area and 70%

of the agricultural area is covered by grasslands, which fulfill the livelihoods of millions of people.

Grasslands are the major source of goods such as forage and various kinds of food. The global forage feed

market has expanded rapidly in the recent past due to factors such as an increase in global meat

consumption, rising awareness about the benefits of forage feed, and a rise in production of farm animals.

Forage feed is the part of a plant that features the leaves and stem. Grazing animals generally feed on the

forage feed to obtain nutrients. Leguminous plants and grass fall under this type of forage crops....