Forage Seed Market to reach $6.1 Billion by 2030; Increasing demand for high-quality livestock feed and the rise in meat and dairy consumption are the primary catalyst for the market growth.

The Forage Seed Market size is estimated to reach $6.1 Billion by 2030, growing at a CAGR of 3.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Forage Seed Market – By Crop Type (Legumes, Grasses, Cereal Grains and Mixed Varieties), By Farming (Organic and Conventional), By Livestock (Poultry, Cattle, Sheep, Goats, Horses, Pigs and Others), By Application (Pasture, Hay, Silage, Green Manure and Others), By End-User  (Livestock Farmers, Bioenergy Producers, Seed Producers and Distributors and Others) and  By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Increasing demand for animal products is driving the forage seed market as consumers seek high-quality nutrition for livestock. Meanwhile, the transition towards regenerative agriculture is promoting sustainable practices that enhance soil health and biodiversity, further supporting market growth of the Forage Seed industry during the forecast period.

North America accounted for the largest share of 30% of the Forage Seed Market in 2023 Farmers in North America utilize advanced agricultural practices and technologies, resulting in increased efficiency in forage production. A report from Crunchbase in July 2024 indicated that U.S. seed funding totalled $6.4 billion in the first half of 2024, remaining steady compared to the second half of 2023, but down from $7 billion in the same period in 2023. This sustained level of investment reflects ongoing confidence in agricultural innovation, particularly in research and development aimed at enhancing forage seed varieties. The diverse climatic conditions across the continent allow for the cultivation of a wide range of forage crops, meeting various livestock needs. There is also a growing awareness of sustainability, prompting demand for organic and high-nutritional forage seeds. Furthermore, North America benefits from robust export opportunities, supplying forage seeds to regions with developing livestock sectors. For instance, A fiscal year report of U.S. Department of Agriculture year 2023 states that the total exports were valued at $178.7 billion in 2023. The categories of grains and feeds, oilseeds and products, animals (e.g. livestock and poultry), meats  and horticultural products typically accounted for about 90 percent of total agricultural exports.

The global demand for animal products is on the rise, driven by a growing population and increasing incomes. According to the FAO, total demand for animal products in developing countries is expected to more than double by 2030. As people’s incomes rise, they seek more diverse food options, particularly high-value items like meat, eggs, and milk, rather than staple plant-based foods such as cereals. This shift, coupled with significant population growth, has resulted in a substantial increase in the overall demand for animal products, which are projected to become the second major source of calories (10.6%) in developing nations. As consumers become more health-conscious, livestock producers are compelled to enhance the nutritional quality of their feed. This trend further drives the need for high-quality forage seeds that optimize animal nutrition. Farmers are increasingly recognizing the vital link between animal nutrition and product quality, leading to greater investments in forage solutions that promote livestock health. Improved forage varieties not only accelerate growth rates and increase milk production but also enhance the overall wellbeing of herds, making this heightened focus on livestock nutrition a significant driver of growth in the global forage seed market.

This approach focuses on restoring soil health, promoting biodiversity, and enhancing farming resilience through practices like cover cropping, rotational grazing, and integrated pest management, ultimately improving sustainability and productivity. For instance, Maryland, which has the highest rate of cover crop utilization, has implemented programs encouraging farmers to cultivate cover crops to enhance water quality in the Chesapeake Bay. Cover cropping is particularly prevalent in the southern and eastern U.S, where soil and climate conditions, including lower precipitation and shorter growing seasons, favor these practices. To support these efforts, specific forage varieties are being developed to improve soil structure, enhance nutrient cycling, and provide habitats for beneficial organisms For example, underutilized legumes can provide food security to resource-poor rural communities during droughts and periods of extreme hunger. A 2024 article by AG Proud highlights that various species thrive in different climates, noting that tall fescue is a primary forage in much of the U.S., with many varieties being endophyte-infected to enhance hardiness. Additionally, seed mixes like Barricade are tailored for dry conditions. As more farmers recognize the long-term advantages of regenerative practices, the demand for forage seeds that facilitate these methods is on the rise. 

Key companies profiled in the Forage Seed Market are DLF Seeds A/S, Corteva, Allied Seeds, Bayer AG, Brett-Young Seeds Limited, Royal Barenbrug Group, UPL, Hancock Farm & Seed Company, RAGT Seeds, Renovo Seed Company and others.

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