India Forage Seed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Indian forage seed market is segmented by crop type into Cereals, Legumes, and Grasses and by product type into stored forage and fresh Forage and by animals type into poultry, ruminants, swine, and others.

Market Snapshot

Captured
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 8.5 %

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Market Overview

India forage seeds market is anticipated to register a CAGR of 8.5% during the forecast period. 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.

Scope of the report

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
Cereals
Forage Corn
Forage Sorghum
Other Cereals
Legumes
Alfafa
Other Legumes
Grasses
Product Type
Fresh Forage
Stored Forage
Silage
Hay
Animal Type
Poultry
Ruminanta
Swine
Others

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Key Market Trends

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,

India Forage Seed Market: Number of Chicken Produced in India, 2016 - 2018

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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 Seeds Market

Competitive Landscape

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.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Crop Type

      1. 5.1.1 Cereals

        1. 5.1.1.1 Forage Corn

        2. 5.1.1.2 Forage Sorghum

        3. 5.1.1.3 Other Cereals

      2. 5.1.2 Legumes

        1. 5.1.2.1 Alfafa

        2. 5.1.2.2 Other Legumes

      3. 5.1.3 Grasses

    2. 5.2 Product Type

      1. 5.2.1 Fresh Forage

      2. 5.2.2 Stored Forage

        1. 5.2.2.1 Silage

        2. 5.2.2.2 Hay

    3. 5.3 Animal Type

      1. 5.3.1 Poultry

      2. 5.3.2 Ruminanta

      3. 5.3.3 Swine

      4. 5.3.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Most Adopted Strategy

    3. 6.3 Company Profiles

      1. 6.3.1 Foragen Seeds

      2. 6.3.2 Mangalam Seeds

      3. 6.3.3 Advanta Seeds Ltd

      4. 6.3.4 Malav Seeds Pvt Ltd

      5. 6.3.5 Diary Land Seeds

      6. 6.3.6 Kaveri Seeds Pvt Ltd

      7. 6.3.7 Nuziveedu Seeds Ltd

      8. 6.3.8 Proline Seeds Company India Pvt Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The India Forage Seed Market market is studied from 2016 - 2026.

The India Forage Seed Market is growing at a CAGR of 8.5% over the next 5 years.

Foragenseeds, Mangalam Seeds, Advanta Seeds Ltd, Malav Seeds Pvt Ltd are the major companies operating in India Forage Seed Market.

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