The North American forage seed market is expected to be valued at USD 8.18 billion in 2024 and reach USD 12.05 billion by 2029, growing at a CAGR of 8.05% from 2024 to 2029.
North America is the largest market, and the growth is increasing due to the rise in demand. The US, specifically, is the largest producer and exporter of forage grass and seed in the world. The North American market is geographically segmented into the USA and Canada.
Forage seeds are used to grow several plants like Timothy, Bent grass, Alfalfa, Chicory, Birdsfoot trefoil, and many more. After being obtained from plants, these seeds are purified by seed growers or conditioners to increase their potential. These are mainly consumed by livestock. Hence, major users are dairy farms, forage farmers, and millers. Livestock feed production, which is fulfilled by forage seeds, is increasing. Crop rotation and risk diversification are a few benefits fueling the growth of the market.
Forage seeds are low in price when compared to the other oil seeds. Less nutritious seeds and weeds spoiling the crops are a few drawbacks for the market.
The poultry segment holds the largest share of the market; poultry farms are concentrating on quality seeds for better productivity as the demand for meat and eggs is increasing.
Among these, the alfalfa segment is the largest contributor to the market.
Companies playing a leading role in the North American forage seed market include Hancock Farm & Seed Co., Golden Acre Seeds, Dynamic Seeds Ltd., Northstar Seed Ltd., Brett Young, Moore Seed Processors, Foster’s Seed and Feed, Allied Seed, LLC, BASF SE, and Dow AgroSciences LLC.
Frequently Asked Questions
As of the latest data, the North American forage seed market will be valued at USD 8.18 billion in 2024.
Key contributors to market growth in North America include the United States and Canada, where a strong agriculture sector and livestock industry drive the demand for high-quality forage seeds.
In Western Canada, key trends include the adoption of drought-resistant forage varieties, increased use of legumes in forage mixes, and a focus on optimizing pasture productivity.
Government programs in the United States play a vital role in promoting sustainable forage seed practices, encouraging the adoption of eco-friendly farming methods and seed varieties.
In Eastern Canada, consumer demand for organic livestock products influences forage seed choices, leading to an increased interest in organic and non-GMO forage seed options.
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