Forage Market Growth, Demand and Challenges of the Key Industry Players 2023-2028

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Global Forage Market Research and Forecast Report
2023-2028

• Format PDFEXCEL

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About IMARC Group

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Forage Market Global Industry Trends,
  Share, Size, Growth, Opportunity and Forecast
  2023-2028," the global forage market size reached
  US 86.0 Billion in 2022.
• Forage refers to plant material (mainly plant
  leaves and stems) consumed by grazing livestock.
  Traditionally, it includes hay, straw, silage,
  compressed and pelleted feeds, oats, barley, and
  maize, amongst others. Forages are an essential
  part of an animal's diet, providing necessary
  nutrients and energy for growth, production, and
  overall health. They are primarily consumed by
  ruminants such as cows, goats, and sheep, which
  have a unique digestive system that allows them
  to extract nutrients from plants effectively.
• The quality of forage can significantly impact
  the health and productivity of these animals,
  influencing the quality of the meat, milk, or
  wool they produce. Therefore, the cultivation,
  management, and consumption of forage are
  critical aspects of livestock farming. Forages
  also have a beneficial role in soil health,
  biodiversity, and carbon sequestration, linking
  the livestock industry with environmental
  sustainability.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/forage-market/requestsa
  mple

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Report Description

• Global Forage Market Trends
• The global market is majorly driven by the
  escalating demand for animal-based products such
  as meat, dairy, and wool, due to rising
  population and changing dietary habits. In line
  with this, the increasing awareness of the
  nutritional benefits of high-quality forages for
  livestock health and product quality is
  propelling the market growth. Moreover, an
  enhanced focus on the sustainability aspect of
  forage farming and its role in improving soil
  health, sequestering carbon, and supporting
  biodiversity, is creating a positive market
  outlook. Also, the rising concerns over climate
  change and the global demand for sustainable food
  systems is resulting in a higher uptake of
  forage.
• The market is further fueled by the integration
  of modern technology, such as precision farming,
  drones, and smart irrigation systems, which are
  enhancing the efficiency and productivity of
  forage farming. Furthermore, continual
  advancements in forage seed breeding and
  agronomic practices facilitating better quality
  and higher-yielding forage crops are stimulating
  the market. Some of the other factors
  contributing to the market include growing demand
  for organic livestock products, inflating
  disposable income levels and extensive research
  and development (RD) activities.
• Looking forward, the market is anticipated to
  reach a value of US 114.5 Billion by 2028,
  exhibiting a CAGR of 4.73 during 2023-2028.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/forage-market

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Report Segmentation

• Breakup by Crop Type
• Cereals
• Legumes
• Grasses
•  
• Breakup by Product Type
• Stored Forage
• Silage
• Hay
• Fresh Forage

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Report Segmentation

• Breakup by Animal Type
• Ruminants
• Swine
• Poultry
• Others
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Competitive Landscape with Key Players

• Allied Seed LLC
• Barenbrug USA
• BrettYoung, Cargill Incorporated
• Corteva Inc.
• DLF Seeds A/S
• Forage Genetics International LLC (Land O'Lakes
  Inc.)
• King's Agriseeds Inc.
• Rivard's Turf Forage
• Standlee Premium Products LLC.

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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Forage Market    5.1
     Market Overview    5.2    Market
  Performance    5.3    Impact of COVID-19  5.4
     Market Forecast
• 6     Market Breakup by Crop Type
•   6.1    Cereals    6.1.1 Market Trends   
     6.1.2 Market Forecast    6.2 Legumes   
  6.2.1  Market Trends       6.2.2 Market
  Forecast    6.3 Grasses    6.3.1 Market
  Trends       6.3.2 Market Forecast
• 7     Market Breakup by Product Type       

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Table of Contents

• 7.1 Stored Forage
• 7.1.1 Market Trends
• 7.1.2 Key Segments
• 7.1.2.1 Silage
• 7.1.2.2 Hay
• 7.1.3 Market Forecast
• 7.2 Fresh Forage
• 7.2.1 Market Trends
• 7.2.2 Market Forecast
• 8  Market Breakup by Animal Type
• 8.1 Ruminants
• 8.1.1 Market Trends
• 8.1.2 Market Forecast
• 8.2 Swine
• 8.2.1 Market Trends
• 8.2.2 Market Forecast
• 8.3 Poultry
• 8.3.1 Market Trends
• 8.3.2 Market Forecast

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Disclaimer

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