The global forage analysis market was valued at USD 823 million in 2023 and is anticipated to reach USD 883.11 million in 2024 from USD 1552 million by 2032, growing at a CAGR of 7.3% from 2024 to 2032.
The main determining factor for forage analysis is the introduction of the call for high-quality forages, the mandatory analysis of the quality of feed, and the safety of farmers and industrialists for the cultivation and development of livestock.
Forage is the term given to the act of going from one place to another in search of something to eat. Forage analysis refers to the effect of determining the content, quality, and feeding capacity of livestock. Forage analysis plays a critical role in providing information on the level of nutrient and mineral needs of the facility. It is an integral part of animal production. There are different methods of forage analysis for livestock diets, differing in experience, time, and precision.
There has been a growing call for milk in the world, and to meet this growing call for milk, the herd is escalating, which in turn is driving the expansion of the worldwide forage analysis market. Cattle are fed nutritious forages that should stimulate milk production. For dairy cattle, forages are the basic ingredient of cattle fodder and fiber. Health and escalated animal production depend on the quality of the forage. Several ruminant animals, such as buffaloes and cows, receive hay, silage, and forages of high nutritional value. In turn, the nutritional diet will further improve the quality of the milk produced by ruminants. This will drive the expansion of the worldwide forage analysis market in the coming years. The expansion of the global forage business is predicted to be influenced by herd expansion and escalated calls for high-quality feed products during the projection years. Forage seeds provide essential energy, fiber, and protein for farm animals. This led to an increase in production, as well as a reduction in the costs of adding additional additives and additional proteins.
Lack of awareness among forage producers and manufacturers in developing countries is also a major factor hampering the expansion of this market worldwide.
The expansion of the world market for feed for the development of forages influences the cultivation of livestock and the opening of the call for quality feed during the projection years. Forage seeds provide essential energy, fiber, and protein for farm animals. This leads to an increase in production, as well as a reduction in the costs of adding additives and additional proteins.
Developing regions with the infrastructure framework have not yet adopted an enabling environment for testing. Therefore, the lack of awareness associated with the case of forage price with the test suite is driving the expansion of the forage analysis market in countries such as India, Vietnam, and Kenya.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2032 |
|
Base Year |
2023 |
|
Forecast Period |
2024 to 2032 |
|
CAGR |
7.3% |
|
Segments Covered |
By Type, Livestock, Target, and Region. |
|
Various Analyses Covered |
Global, Regional, & Country Level Analysis; Segment-Level Analysis; DROC, PESTLE Analysis; Porter’s Five Forces Analysis, Competitive Landscape; Analyst Overview of Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
SGS (Switzerland), Eurofins Scientific (Luxembourg), Intertek (UK), Cargill (US), CVAS (US), RJ Hill Laboratories (New Zealand), Dodson & Horrell (UK), Cawood Scientific (UK), Servi-Tech (US), Dairyland Laboratories (US), Dairy One (US), Minnesota Valley Testing Laboratories (US) and Massey Feeds (UK) and Others. |
The ration segment dominated the hike in 2020, and this trend is predicted to continue over the foreseen period from 2022 to 2027. The ration is the most widely employed forage for dairy cows and horses. A healthy portion should be very rich in protein, minerals, vitamins, carbohydrates, and fat. For this reason, it is important to analyze the level of nutrients in the ration.
The livestock segment dominated the world market in 2020. Livestock are the main source of commercial preparations such as milk and meat. Quality forage improves forage conversion and absorption and strengthens the animal's immune system. For this reason, to obtain quality products, farmers and companies focus on forage analysis.
The nutrient segment dominated the world market in 2020. Nutrients are essential as they play an important role in optimizing the expansion and performance of livestock. Different types of tests are effective in assessing nutrient levels in forage. For this reason, manufacturers and farmers are highly performing forage analysis to provide the required level of nutrients to livestock.
North America is predicted to account for the majority of the worldwide forage analysis market by 2026 due to the presence of a large number of forage testing laboratories and awareness of animal nutrition among farmers and forage manufacturers. The main players in the region are Cargill (United States) and CVAS (United States). Asia-Pacific is supposed to be the fastest growing region in the world market during the foreseen period due to the escalating call for quality dairy and meat products and also the expansion of the forage analysis industry in this region. Developing regions lacking infrastructure do not provide a suitable environment for testing.
The key players in the global forage analysis market include SGS (Switzerland), Eurofins Scientific (Luxembourg), Intertek (UK), Cargill (US), CVAS (US), RJ Hill Laboratories (New Zealand), Dodson & Horrell (UK), Cawood Scientific (UK), Servi-Tech (US), Dairyland Laboratories (US), Dairy One (US), Minnesota Valley Testing Laboratories (US) and Massey Feeds (UK).
Vermeer Corporation Announces Organizational Changes in the Forage Industry Over the past few months, Vermeer Corporation has taken many strategic steps to be well-positioned for the future of the worldwide forage market. These steps include the Vermeer family succession and leadership planning, as well as an expanded market focus on biomass and dairy.
An American company launches an online advice service on forage analysis and additive supplementation. BioZyme is launching a new online tool to educate livestock producers on hay quality and determine if additional nutrition is needed.
By Type
By Livestock
By Target
By Region
Frequently Asked Questions
Government initiatives aimed at promoting sustainable agriculture practices and ensuring food safety standards are driving the adoption of forage analysis technologies in North America.
In Europe, the forage analysis market is primarily driven by increasing awareness among farmers regarding the nutritional value of forage, coupled with stringent regulations on animal feed quality and safety.
The Asia Pacific region holds a significant share of the global forage analysis market, attributed to the growing adoption of precision farming techniques and the rising demand for high-quality forage for livestock.
In Latin America, the forage analysis market is witnessing a trend towards the adoption of advanced technology solutions such as near-infrared spectroscopy (NIRS) for rapid and accurate analysis of forage quality.
Countries like South Africa and Kenya are experiencing substantial growth in the forage analysis market due to increasing investments in livestock farming and a growing focus on improving feed quality for better animal health and productivity.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region