Global Industry of Forage Seed Market

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Transparency Market

Research

Global Forage Seeds Market to Develop at Rapid Pace

due to Diverse Applications and Economic Benefits

Published Date

2015-03-02

81 Page Report

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Report Title

Global Forage Seed Market - Industry Analysis, Growth,

Trends and Forecast 2020

Transparency Market Research

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Forage Seed

REPORT DESCRIPTION

Global Forage Seed Market

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.

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...