India Forage Seed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 290.30 Billion |
| Market Size (2029) | USD 436.52 Billion |
| CAGR (2024 - 2029) | 8.50 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Forage Seed Market Analysis
The India Forage Seed Market size is estimated at USD 290.30 billion in 2024, and is expected to reach USD 436.52 billion by 2029, growing at a CAGR of 8.5% during the forecast period (2024-2029).
In India, Forage seeds are primarily used by the dairy farmers and farmers producing forage for the animal feed firms. These seeds are produced according to the animal species to be fed. The huge cattle industry, poultry industry and other animal industries in the country are the prime drivers of the market. the demand from the feed manufacturing companies is also accelerating the forage seeds market.
India Forage Seed Market Trends
This section covers the major market trends shaping the India Forage Seed Market according to our research experts:
Growing Demand for Dairy and Meat Products Drives the Market
The Indian food economy is being increasingly driven by the shift in diet and food consumption patterns toward livestock products. The demand for meat has been growing at a faster rate in India because of sustained economic growth, rising per capita income, and increasing awareness of the nutritive value of meat and meat products. Animal production for meat and dairy has been significantly increasing in the last few years. for example, The country produced 801 million heads of Chicken in 2018 which was 18 million more than the previous year. The growth in animal production for meat and dairy requirements is likely to create a demand for better forage crops,
Cereals Forage Seeds Dominate the market.
Various types of forage crops are cultivated in India, among all of them cereals occupy the top position. Maize, pearl millet, barley, and sorghum are the major cereal forage crops grown in India. Cereal crops are major grown because of its high demand from the animal farms, They are a rich source of vitamins, minerals, carbohydrates, fats and oils, and protein. Apart from these cereal crops, some other crops such as berseem and lucerne are also grown widely. Metha, lobia, and senji are some other minor fodder crops grown in India.
India Forage Seed Industry Overview
In the forage seed market, companies are not only competing based on product quality and promotion but also focused on strategic moves to hold larger market shares. Major acquisitions are taking place between companies to expand the forage seed business. Foragen seeds, Mangalam seeds, Advanta Seeds Ltd, Malav Seeds Pvt Ltd, and Mahyco Private Limited are the key players in the market.
India Forage Seed Market Leaders
Foragenseeds
Mangalam Seeds
Advanta Seeds Ltd
Malav Seeds Pvt Ltd
*Disclaimer: Major Players sorted in no particular order
India Forage Seed Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Crop Type
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5.1.1 Cereals
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5.1.1.1 Forage Corn
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5.1.1.2 Forage Sorghum
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5.1.1.3 Other Cereals
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5.1.2 Legumes
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5.1.2.1 Alfafa
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5.1.2.2 Other Legumes
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5.1.3 Grasses
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5.2 Product Type
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5.2.1 Fresh Forage
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5.2.2 Stored Forage
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5.2.2.1 Silage
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5.2.2.2 Hay
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5.3 Animal Type
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5.3.1 Poultry
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5.3.2 Ruminanta
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5.3.3 Swine
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5.3.4 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Most Adopted Strategy
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6.3 Company Profiles
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6.3.1 Foragen Seeds
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6.3.2 Mangalam Seeds
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6.3.3 Advanta Seeds Ltd
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6.3.4 Malav Seeds Pvt Ltd
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6.3.5 Diary Land Seeds
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6.3.6 Kaveri Seeds Pvt Ltd
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6.3.7 Nuziveedu Seeds Ltd
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6.3.8 Proline Seeds Company India Pvt Ltd
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
India Forage Seed Industry Segmentation
Forages are plants or parts of plants eaten by herbivorous animals. The report covers the seed market of forage crops and the analysis of different types of forages. The factors affecting the studied market, either positively or negatively, and competitiveness among the firms are also included in the report. The report contains a detailed analysis of various parameters of the forage seed market in India. The market studied has been segmented, based on crop type, product type, and animal type,
| Crop Type | |||||
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| Grasses |
| Product Type | ||||
| Fresh Forage | ||||
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| Animal Type | |
| Poultry | |
| Ruminanta | |
| Swine | |
| Others |
India Forage Seed Market Research FAQs
How big is the India Forage Seed Market?
The India Forage Seed Market size is expected to reach USD 290.30 billion in 2024 and grow at a CAGR of 8.5% to reach USD 436.52 billion by 2029.
What is the current India Forage Seed Market size?
In 2024, the India Forage Seed Market size is expected to reach USD 290.30 billion.
Who are the key players in India Forage Seed Market?
Foragenseeds, Mangalam Seeds, Advanta Seeds Ltd and Malav Seeds Pvt Ltd are the major companies operating in the India Forage Seed Market.
What years does this India Forage Seed Market cover, and what was the market size in 2023?
In 2023, the India Forage Seed Market size was estimated at USD 267.56 billion. The report covers the India Forage Seed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Forage Seed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Forage Seed Industry Report
Statistics for the 2024 India Forage Seed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Forage Seed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
