The Russia forage seed market covers 20% of the European forage seed market. The estimated market value of USD 636.01 million in 2012 is expected to reach USD 2451.52 million by 2022, witnessing a CAGR of 10.06% over 2017-2022. The current market is majorly dominated by maize and sorghum seeds. Forage crops are grown over 40% of the country’s agricultural land. Russia’s forage seed import value is very less, as compared to its export value, as the country’s forage seed production is sufficient to meet its domestic demand. In 2015, Russia exported forage seeds worth USD 600 million. The key forage export destinations for Russia are Turkey, Poland, Germany, and Italy. The major countries exporting forage seeds to Russia are Romania, the United States, Denmark, and Germany.
The Russian forage seeds market is driven by factors such as growing demand for dairy products, increased livestock production, rise in cost of forage, and higher meat consumption across the country. Proper usage of quality forage seeds improves the quality and yield of animal feed, in turn helping in the improvement of animal health and growth. Industrialization of the livestock sector is helping the forage seed industry acquire greater market share. Product opportunity lies in the fact that good forage is responsible for increased milk and meat production in animals. The main obstacles to the growth of Russia’s forage seed market are the lack of government support to the animal feed industry and reduced efficiency of products.
By crop type, the market is segmented into legumes, cereals, and grasses. Among forage crops, cereal forage seeds form the largest market segment, with XX% of the market share. By product type, the market is divided into silage and hay. Further, by animal type, cattle constitute the largest share in the fodder crop consumption, followed by swine. The increased consumption and demand for pork in the country has fastened the growth rate of swine fodder. Poultry is the second fastest growing animal type in the country, due to the growing demand for poultry products.
Key Industry Players
Major companies in the sector include:
- DLF Russia
- Russian Grass Seed
- Ragt Semences
- LG and Limagrain
- Dow Chemicals
- Mosagro Group
- PC Agroveles Ltd.
Key Deliverables in the Study
- Market analysis for the Russia forage seed market with competition analysis.
- Market overview and identification and analysis of the macro and micro factors that affect the Russian forage seed market.
- Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.
The Report Holds Importance for the Following Stakeholders-
- Forage seed companies.
- Traders and stakeholders operating in the sector.
- Investors/research institutions interested in the market.
- Supply chain analysis.
- Regulatory framework.
- Trade analysis.
- Trend analysis.
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Definition of the Market
2. Research Approach and Methodology
2.2 Research Design
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4 Market Dynamics
4.1 Russia Forage Seed Industry Analysis
4.2 Global Forage Seed Industry Analysis
4.3.1 Increased Demand for Dairy Products
4.3.2 Growth in Industrial Production of Livestock and Growing Meat Demand
4.3.3 Rise in Cost of Forage
4.4.1 Drop in Cultivable Forage Area Distribution
4.4.2 Lack of Government Support
4.5.1 Increase in Population of Crossbreed Livestock
4.5.2 Increasing Demand for Organic Meat
4.6 Porter’s Five Forces Analysis
4.6.1 Bargaining Power of Buyers
4.6.2 Bargaining Power of Suppliers
4.6.3 Degree of Competition
4.6.4 Threat of New Entrants
4.6.5 Threat of Substitutes
5. Market Segmentation
5.1 By Crop Type
5.2 By Product Type
5.2.1 Stored Forage
5.2.2 Fresh Forage
5.3 By Animal Type
6. Competitive Landscape
6.1 Strategies Adopted By Major Players and Most Active Companies
6.2 Market Share Analysis
7. Company Profiles
7.1 DLF Russia
7.2 Russian Grass Seed
7.3 Ragt Semences
7.5 LG and Limagrain
7.6 Mosagro Group
7.7 PC Agroveles Ltd.
7.8 Avgust Agro
7.9 Agro Kapital Grupp
7.10 Saratovskij IP
7.11 Castillo Lora Soluciones
7.12 Zelenvi Mir
7.14 Vershin N.L.
7.15 Kompaniya Oagro
List of Tables
1: Russia: Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
2: Russia: Cereal Forage Seeds Market Revenues, 2012-2021 (USD million)
3: Russia: Legume Forage Seeds Market Revenues, 2012-2021 (USD million)
4: Russia: Grasses Forage Seeds Market Revenues, 2012-2021 (USD million)
5: Russia: Forage Seeds Market Revenues, by Product Type, 2012-2021 (USD million)
6: Russia: Stored Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
7: Russia: Silage Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
8: Russia: Hay Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
9: Russia: Fresh Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
10: Russia: Forage Seeds Market Revenues, by Animal Type, 2012-2021 (USD million)
11: Russia: Ruminant Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
12: Russia: Swine Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
13: Russia: Poultry Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)
14: Russia: Others Forage Seeds Market Revenues, by Crop Type, 2012-2021 (USD million)