Europe Forage Seeds Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031


No. of Pages: 97    |    Report Code: BMIRE00029733    |    Category: Food and Beverages

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Europe Forage Seeds Market

The Europe forage seeds market size is projected to grow from US$ 3.57 billion in 2023 to US$ 5.58 billion by 2031; the market is expected to register a CAGR of 5.7% during 2023–2031.

 

People are becoming more conscious about their health; thus, they prefer consuming organic food as it does not contain pesticides. Organic milk and meat are richer in nutrients such as enzymes, bioflavonoids, and antioxidants. Hence, people prefer organic food and organic meat over inorganic. This has led to the demand for organic feed to supply organic meat to consumers. Dairy farms, the poultry sector, and animal husbandry have focused on purchasing high-quality organic forage feed due to the growing demand for organic meat and dairy products.

Conventional feed often contains high amounts of chemicals that hamper meat quality when consumed by animals. Long-term consumption of such meat results in various health disorders. To overcome this issue, manufacturers are developing organic feed that contains no chemical additives. Animals feeding on such feed offer meat that has high nutritional value. Thus, consumers often find organic and natural products as healthier alternatives to conventional products. This, the rising demand for organic animal feed is driving the Europe forage seeds market.

 

However, the limited availability of arable land hampers the market growth. As agricultural land becomes increasingly scarce and farmers face pressure to maximize productivity and profitability, the allocation of land for forage becomes a difficult decision. Farmers often prioritize cash crops, such as corn, soybeans, or wheat, which offer higher immediate returns, over forage crops that are primarily used for livestock feed.

 

Russia is one of the significant markets for forage seeds in Europe due to the presence of well-established agriculture industry and rising demand for cattle feed. Russia is one the major economies of the European region and houses a wide array of industries including livestock industry. The country’s high per capita income and growing demand for nutritional animal products are prospering the market in Russia. Furthermore, Russia is the second leading animal feed producing country in the European region and as per the Alltech Global data, in 2020, the country has produced 31.3 million tons of animal feed. The rising Industrialization of meat production and increasing livestock in the country is positively favoring the demand for forages as animal feed. Thus, surging demand for forages expected to drive the forage seeds market in Russia.

 

Nutrien Ag Solutions, KWS SAAT SE & Co. KGaA, DLF Seeds AS, LIDEA, Deutsche Saatveredelung AG, Lantmännen ek, Limagrain Uk Ltd, Feldsaaten Freudenberger GmbH & Co KG, and Nordic Seed AS are among the key players operating in the Europe forage seeds market.

 

The overall Europe forage seeds market size has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs; business development managers; market intelligence managers; national sales managers; and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the Europe forage seeds market.

The List of Companies - Europe Forage Seeds Market

  • Nutrien Ag Solutions
  • KWS SAAT SE & Co. KGaA
  • DLF Seeds AS
  • LIDEA
  • Deutsche Saatveredelung AG
  • Lantmännen ek
  • Limagrain Uk Ltd
  • Feldsaaten Freudenberger GmbH & Co KG
  • Nordic Seed AS
  • Cerience
Frequently Asked Questions
How big is the Europe Forage Seeds Market?

The Europe Forage Seeds Market is valued at US$ 3.57 Billion in 2023, it is projected to reach US$ 5.58 Billion by 2031.

What is the CAGR for Europe Forage Seeds Market by (2023 - 2031)?

As per our report Europe Forage Seeds Market, the market size is valued at US$ 3.57 Billion in 2023, projecting it to reach US$ 5.58 Billion by 2031. This translates to a CAGR of approximately 5.7% during the forecast period.

What segments are covered in this report?

The Europe Forage Seeds Market report typically cover these key segments-

  • Species (Alfalfa, White Clover, Red Clover, Hybrid Clover, Crimson Clover, Egyptian Clover, Persian Clover, Perennial Ryegrass, Timothy, Birdsfoot Trefoil, Meadow Fescue, Tall Fescue, Forage Mixtures, Annual Ryegrass, Italian Ryegrass, Hybrid Ryegrass, Kentucky Bluegrass)
  • What is the historic period, base year, and forecast period taken for Europe Forage Seeds Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Forage Seeds Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
  • Who are the major players in Europe Forage Seeds Market?

    The Europe Forage Seeds Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Nutrien Ag Solutions
  • KWS SAAT SE & Co. KGaA
  • DLF Seeds AS
  • LIDEA
  • Deutsche Saatveredelung AG
  • Lantmännen ek
  • Limagrain Uk Ltd
  • Feldsaaten Freudenberger GmbH & Co KG
  • Nordic Seed AS
  • Cerience
  • Who should buy this report?

    The Europe Forage Seeds Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Forage Seeds Market value chain can benefit from the information contained in a comprehensive market report.