Global Forage Seed Market

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Transparency Market

Research

Regions Improving their Forage Seed Production for

Sustainable Growth

Published Date

2015-03-02

81 Page Report

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Report Title

Global Forage Seed Market - Industry Analysis, Size, Share,

Growth, Trends and Forecast 2014 - 2020

Transparency Market Research

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Forage Seed

REPORT DESCRIPTION

Global Forage Seed Market Needs Critical Improvements to Reach the

Expected Value of US$17508.5 Million by 2020

A new Transparency Market Research report states that the global Forage Seed Market stood

at US$10.8 bn in 2014 and is predicted to reach US$17.5 bn by 2020. It is expected to expand at

a CAGR of 8.40% from 2014 to 2020. The title of the report is “ 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.

These 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.

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