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Global Forage Seed Market 2016-2021: Industry Analysis and Investment Opportunities

Tuesday, November 29, 2016 3:36
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(Before It's News)

According to the report “Forage Seeds Market“, published by Market Data Forecast, the global market is projected to reach USD 15.85 Billion by 2021, at a CAGR of 8.3% from 2016 to 2021.

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Forage seeds are used by the farmers to grow forage crops such as Alfalfa, Clover, sorghum, Berseem which are utilized by the grazing livestock as a feed. Forage plants are first breed by the forage breeder to obtain forage seeds which is then supplied to the seed grower and conditioner for further processing and conditioning to get the purified seed with high potential.

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Forage seeds are available in the market at a very low price, which is a key factor positively impacting the market’s growth in the global scenario. The growing population of livestock, particularly the rise in the population of genetically modified animals has propelled the demand from the forage seeds market. In addition, the economic benefits of cultivating forage seeds, such as crop rotation and risk diversification, are further contributing to the growth of the forage seed market globally.

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Global Market for Forage seeds segmented by Plant type, Livestock and Region

1. By Plant Type:

  • Chicory
  • Ryegrass
  • Clover
  • Alfalfa
  • Others (Including lablab, fescue etc.)

2. By Livestock Type:

  • Cattle
  • Swine or Pork
  • Poultry
  • Others (Including aquaculture etc.)

3.By Geography:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle-East and Africa

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Prominent players dominating the forage seeds market are Hancock Farm & Seed Co., Golden Acre Seeds, Dynamic Seeds Ltd., Northstar Seed Ltd., Brett young, Moore Seed Processors, Foster’s Seed and Feed, Allied Seed, LLC, BASF SE and Dow AgroSciences LLC.

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About Market Data Forecast:

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.


Market Data Forecast, Inc.

+1-888-702-9626 (U.S. TOLL FREE)

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