South America Forage Seed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Market is Segmented by Crop Type, Animal Type, and Product Type. A Geographical Market Analysis Covering Brazil and Argentina has also been included.

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2021
CAGR: 8.8 %

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

Market Overview

The South American forage seed market is projected to register a CAGR of 8.8% over the forecast period (2020-2025). Among South American countries, Brazil held the top-most position in terms of the market value, in 2017, with a market share of 61.6%, in the South American market. Uruguay is also emerging as a substantial market for forage seeds. In terms of livestock production, the country is having a great opportunity, which is expected to drive the forage seed sector in the country, as well as in South America, in the future. Increased demand for milk, meat, and proper feed for cattle from the livestock sector is mainly driving the South American forage seed market.

Scope of the Report

Forages are plants or parts of plants eaten by herbivorous animals. The report covers the forage seed market in South America, along with an analysis of different types of forage crops and their prospects in different geographical regions within South America. The factors affecting the market, either positively or negatively, and competitiveness among the global leaders are also included in the report.

By Crop Type
By Product Type
Stored Forage
Fresh Forage
By Animal Type
Other Animal Types
By Geography
South America
Rest of South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increased Demand for Dairy Products

South America has a relatively low per capita consumption of milk and dairy products. After 2015, the demographic and unprecedented economic recovery boosted the demand for dairy products in the region. The milk production costs in most South American countries are the lowest in the world, which makes the region attractive for sourcing milk in the future. Immense penetration of international dairy companies, like Nestle and Fonterra, is increasing the demand for milk and dairy products. Milk production in South America decreased by 7% in 2016, as compared to 2014. However, owing to the aforementioned factors, the South American dairy market is expected to increase by 25% by 2023, which may drive the forage market. This, in turn, may have an impact on the demand for forage crops and its seeds.

South America Forage Seed Market

Increased Usage of Cereals

Brazil is the biggest country in South America, which grows cereal forage crops, like rye, oats, triticale, and wheat. Wheat forage consumption has increased in South America over the years. In the rice forage seed, the farmers are shifting toward improved and hybrid seeds, rather than using saved seeds. Sorghum grain and forage had a good expansion in South America in the last two years. Maize is also one of the important cereal forages, and Brazil is the third-largest producer of maize seed, which, when dried, is used as a forage. Major companies leading the South American market for cereal forage are Hancock Farm & Seed Co., Golden Acre Seeds, Northstar Seed Ltd, and Brett Young.

South America Forage Seed Market

Competitive Landscape

The South American forage seed market is fragmented. The top players constituted around 34.3% share of the market, while the other companies constituted 65.7% of the market share, based on the overall market revenue, in 2019. Major acquisitions are taking place between companies to expand the forage seed business. One such acquisition has been witnessed between DairyLand Seeds and Dow AgroSciences. The players in the market are investing heavily in this market to develop new products.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of Substitute Products

      4. 4.4.4 Threat of New Entrants

      5. 4.4.5 Competitive Rivalry


    1. 5.1 By Crop Type

      1. 5.1.1 Cereals

      2. 5.1.2 Legumes

      3. 5.1.3 Grasses

    2. 5.2 By Product Type

      1. 5.2.1 Stored Forage

        1. Silage

        2. Hay

      2. 5.2.2 Fresh Forage

    3. 5.3 By Animal Type

      1. 5.3.1 Ruminant

      2. 5.3.2 Swine

      3. 5.3.3 Poultry

      4. 5.3.4 Other Animal Types

    4. 5.4 By Geography

      1. 5.4.1 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 AGRIA Corporation

      2. 6.3.2 Brettyoung

      3. 6.3.3 OSCAR Peman Seeds

      4. 6.3.4 Deutsche Saatveredelung AG (DSV)

      5. 6.3.5 Northstar Seed Ltd

      6. 6.3.6 Hancock Farm & Seeds Co.

      7. 6.3.7 Advanta

      8. 6.3.8 Corteva AG

      9. 6.3.9 DLF International Seeds

      10. 6.3.10 Barenbrug Seeds

      11. 6.3.11 Upper Murray Seeds

      12. 6.3.12 PGG Wrightson


You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

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

The South America Forage Seed Market is growing at a CAGR of 8.8% over the next 5 years.

Barenbrug, Deutsche Saatveredelung AG (DSV), PGG Wrightson, DLF International Seeds, Corteva AG. are the major companies operating in South America Forage Seed Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!