Market Size of north america forage seed Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 2.01 Billion |
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Market Size (2030) | USD 2.55 Billion |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 4.03 % |
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Largest Share by Country | Canada |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Forage Seed Market Analysis
The North America Forage Seed Market size is estimated at 2.01 billion USD in 2024, and is expected to reach 2.55 billion USD by 2030, growing at a CAGR of 4.03% during the forecast period (2024-2030).
2.01 Billion
Market Size in 2024 (USD)
2.55 Billion
Market Size in 2030 (USD)
6.62 %
CAGR (2017-2023)
4.03 %
CAGR (2024-2030)
Largest Market by Crop
15.74 %
value share, Alfalfa, 2023
Alfalfa is in high demand in the region by dairy farmers for animal feed. It can be harvested 10-12 times per crop season and has high nutritional protein content.
Largest Market by Country
47.15 %
value share, Canada, 2023
The growing demand for animal products, higher prices in the international market, and the demand for livestock feed by dairy farmers have encouraged farmers to cultivate.
Fastest-growing Market by Crop
4.54 %
Projected CAGR, Alfalfa, 2024-2030
The growing demand for animal products and higher prices in the international market, and the demand for livestock feed by dairy farmers has encouraged farmers to cultivate.
Fastest-growing Market by Country
5.14 %
Projected CAGR, Canada, 2024-2030
The demand for forage crops in the country is on the rise, primarily due to the adoption of high-yielding varieties and growing government initiatives to encourage forage growers.
Leading Market Player
13.34 %
market share, Land O’Lakes Inc., 2022
It established a seed development facility in the region. It is the only company to receive patent approval on a native DNA sequence for resistance to anthracnose race 5 in alfalfa.
Application of forages in different industries and the rapid hybrid development are driving the forage seed market in North America
- In 2022, the non-transgenic hybrid forage seed was the largest sub-segment which accounted for 96.8% of the hybrid forage seeds market in the region. This is because of the perceived effect of transgenic traits on livestock and animal health. Additionally, the cost associated with transgenic hybrids is also one of the major factors to discourage farmers from adopting GM hybrids.
- However, there is a change in the trend as farmers cultivate transgenic forage crops with traits that make feed easy to digest. Therefore, in the future, the transgenic segment is anticipated to see growth along with non-transgenic hybrids.
- Alfalfa and corn are the most hybridized among the forage crops which accounted for 16.9% and 4.3% of the hybrid forage seed market in 2022 respectively as they have more demand in the processing industry in pellet feeds and ethanol production, respectively in the region.
- The United States was the major country concerning the North American hybrid forage seed market which accounted for 55% in 2022. The dominant share of the country was because of the high replacement rate and higher demand from farmers. Moreover, farmers in the country can afford to buy hybrid seeds owing to their large farm sizes. However, Canada was the most significant country concerning the usage of OPVs as Canada is relatively against the usage of transgenic hybrids and the majority of farmers see forage crops as rotational crop and prefers farm-saved and OPVs.
- Therefore, the shift in farmers' perception towards transgenic hybrids realizing the benefits associated with it, and the development of new hybrids to improve yield to meet demand from dairy and processing industries are estimated to drive the hybrid segment in the region at a CAGR of 3.8% during the forecast period.
Understand The Key Trends Shaping This Market
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Canada dominates the market as it is the fastest-growing country, with increasing support from the government
- The forage seed segment accounted for 8.1% of the North American seed market in 2022 due to increased demand for forage as feed, meat consumption, and weather conditions. In the region, forage crops are preferred for benefits such as providing nutrients and restoring soil vigor, less water required for irrigation, and investments in cultivation using advanced technologies.
- The demand for forage seeds was higher in Canada, accounting for USD 863.6 million in 2022. The higher share of the country was due to the high demand for forage as feed and the increase in the cattle population in the country. Moreover, the area under commercial forage seeds in the country was 3.1 million ha in 2022 compared to other North American countries.
- In Canada, alfalfa was the major forage crop, which accounted for 23% of the forage seed market in 2022 due to factors such as the government's support and an increase in the demand for feeding animals by the dairy and meat processing industries. For instance, in 2021, the Canadian government invested about USD 2.6 million to equip alfalfa growers with advanced technologies that help produce higher yields and improve alfalfa's winter survival rates.
- The United States was also one of the major countries, registering USD 686 million in 2022 and a rising cattle population. For instance, according to FAO, the number of cattle in the United States increased from 93.6 million in 2017 to 93.8 million in 2021.
- Therefore, the increasing demand for forages from processing and dairy industries, the ability to cultivate in less water conditions, and higher profits are estimated to drive the forage seed market in the region at a CAGR of 4.1% during the forecast period.
