Forage Seed Market - Asia-Pacific Industry Analysis, Trends and Forecasts (2020 - 2025)

Looking to buy the report?

Market Insights

The Asia-Pacific forage seed market estimated at USD XX billion in 2017 is expected to reach USD XX billion by 2022 at a CAGR of 10% over the forecasted period.  Asia-Pacific contributes the third largest share in the forage seed market after North America and Europe. The consumption of milk and meat products is predicted to increase by 2-4%.

Forage seeds are used by the dairy farmers and forage farmers for the high yield of crops. These seeds are produced particular to the species and variety of crops to be grown and are climate dependent. Many of the forage seed market in Asia-Pacific are insufficient for domestic production and are mostly taken by public sectors. India, China, and Thailand are the only countries that have established forage seed production facilities, while rest of the regions produce in small quantities. Most of the forage seed market in the region are uncertified and consists of small farm holders. Forage seed markets in the region are highly concentrated on the hybrid seed production.

Market Dynamics

The major drivers for the market are a steady increase in population, emerging per capita income, increased demand for dairy and animal products, increased consumer preference for organic food and feed products, increased in breed cattle demand for feed, government subsidies and the shrinkage of land for the grazing animals. The unpredictability of seed cycle, soil condition, climatic change, periodic drought characteristic of the region and time incentive returns are restraints for the market. Although the quality potential of the forage seed is quite high, so is the cost, which creates unwillingness amongst farmers to buy them.

Market Segmentation

By crop type, the market is segmented into legumes, cereals, and grasses. By product type, the market is segmented into stored forage and fresh forage. The stored forage is segmented into silage and hay. Further, the market has been segmented by animal type into cross breed cattle, indigenous cattle and buffalos. Dairy and beef cattle covers the major market of forage seed.

Key Industry Players

The key players in the market are:

  • Allied Seed
  • DLF International Seeds
  • Dynamic Seeds Ltd.
  • Brett Young
  • Golden Acre Seeds
  • Moore Seed Processors
  • Pickseed Canada Ltd.
  • Foster Feed and Seed

The major players are investing in R&D for innovative products, partnerships and market strategy for the pricing of product to sustain in the competitive market.

Key Deliverables in the Study

  • Market analysis for the Asia-Pacific forage seed market, with region specific assessments and competition analysis on national and regional scales.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares.
  • Identification and analysis of the macro and micro factors that affect the Asia-Pacific forage seed market on both national and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights into the major countries/regions in which this industry is growing and identifying the regions still untapped.

Looking to buy the report?

Need a report that reflects how COVID-19 has impacted this market and its growth?

Our clients include:


Looking to Customize Report?

Please Enter Email ID

Please Enter Message