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| A01570 | Pages: 110 | Jan 2017 | 10686 Views | | |
| Author(s) : Eswara Prasad | Tables: 80 | Charts: 40 |
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Pandemic disrupted the entire world and affected many industries.
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Request Now !Global forage seed market size is expected to reach $20,646 million by 2022 from $11,683 million in 2015 with a CAGR of 8.50% from 2016 to 2022. Increase in the demand for nutritional feeds for livestock can be satisfied through natural forage. Forage seeds are available at a lower price compared to other feeds, such as wheat bran and oil seed. Thus, growth in demand for forage feed used to feed livestock primarily drives the market. Forage seeds do not rely on synthetic fertilizers and pesticides, which help improve and maintain the soil quality. The economic benefits of cultivating forage seeds, such as crop rotation and risk diversification, further contribute to the growth of the forage seed market. Demand for organic foods is on an increase as there is a rise in the awareness for health consciousness among the people. The meat of animals feed on forage is healthier, which helps avoid obesity, cholesterol, cancer, fats, and hypertension. This is expected to create future opportunities for the forage seed market.
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Clover seeds segment was the largest contributor to the market in 2015, wherein it accounted for the highest market share in terms of revenue and is expected to maintain the highest market share growing at a CAGR of 8.10% during the forecast period. North America dominates the market and is anticipated to grow at a CAGR of 7.58% from 2016 to 2022.
The forage seed market is segmented into product, livestock, and geography. Based on product, the forage seed market is segmented into clover, chicory, ryegrass, alfalfa, and others. Based on livestock, the market is segmented into cattle, swine, poultry, and others. Geographically, the market is segmented into North America, Europe Asia-Pacific, and LAMEA.
Top winning strategies
Leading players in the global forage seed market have adopted various strategies gathered from press releases, annual reports, and primary calls made to industry experts to achieve additional market share. Market players profiled in this report are forage seed manufacturers and distributors. Key strategies adopted by these players include merger & acquisition, product launch, partnership & agreement, and geographical expansion.
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New product launch accounted for 29% of the top strategies adopted by the key players. Acquisition & merger, agreements & partnerships and expansion accounted for 24% each, of the overall key strategies.
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At present, Alfalfa and clover have witnessed large-scale adoption of forage seed. This segment has high rate of adoption in the forage seed market due to increase in demand for organic food. The rapid growth of poultry is expected in subsequent years due to rise in demand for organic food. This application has the potential to generate high returns due to expected rise in adoption of forage seed. Increase in adoption of cattle and pork market is expected to rise with highest market share and is identified as one of the lucrative markets for investment.
LAMEA Review
Brazil has more than 200 million cattle and is one of the largest meat exporter country, representing 17% of the world market. The pasture areas in Brazil represent 75% of the agriculture area and annually 100,000 tons of forage seeds are marketed. Beef and milk cattle farmers adopt advanced technologies to get more kilograms of meat or liters of milk per hectare. Increase in demand for organic meat is further expected to boost the forage seed market during the forecast period.
Some of the major players operating in the global forage seed market are Allied Seed, LLC., Brett Young, BASF SE, Dynamic Seeds Ltd., Central Garden & Pet Company, Barenbrug Seed Company, Northstar Seed Ltd., Hancock Farm & Seed Co. Inc., Foster’s Seed and Feed Ltd., and Dow AgroSciences, LLC.
The other key market players (not profiled in this report) in the value chain include S & W Seed Company, Germinal GB, Heritage Seed Company, Advanta Seed International, Brett Young, DLF International Seeds, Barenburg Seeds, USA, Golden Acre Seeds, Moore seed Processors, Pickseed Canada Ltd, Wolf seeds Inc., Barenburg Seeds, Blue River Hybrids Organic Seeds, Ampac Seed Company, and Canterbury Seeds.
Key Benefits for Stakeholders
Key Market Segments
Key Market Players
CHAPTER 1 INTRODUCTION
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY
1.2.1 Secondary research
1.2.2 Primary research
1.2.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 MARKET SNAPSHOT
2.2 CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1 MARKET DEFINITION AND SCOPE
3.2 KEY FINDINGS
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 PORTERS FIVE FORCES ANALYSIS
CHAPTER 4 GLOBAL FORAGE SEED MARKET, BY PRODUCT TYPE
4.1 INTRODUCTION
4.2 CLOVER
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.2.4 North America forage seed market for clover, ($million), growth (%) 2014-2022
4.2.5 Europe forage seed market for clover, ($million), growth (%) 2014-2022
4.2.6 Asia-Pacific forage seed market for clover, ($million), growth (%) 2014-2022
4.2.7 LAMEA forage seed market for clover, ($million), growth (%) 2014-2022
4.3 CHICORY
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.3.4 North America forage seed market for chicory, ($million), growth (%) 2014-2022
4.3.5 Europe forage seed market for chicory, ($million), growth (%) 2014-2022
4.3.6 Asia-Pacific forage seed market for chicory, ($million), growth (%) 2014-2022
4.3.7 LAMEA forage seed market for chicory, ($million), growth (%) 2014-2022
4.4 RYEGRASS
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
4.4.4 North America forage seed market for ryegrass, ($million), growth (%) 2014-2022
4.4.5 Europe forage seed market for ryegrass, ($million), growth (%) 2014-2022
4.4.6 Asia-Pacific forage seed market for ryegrass, ($million), growth (%) 2014-2022
4.4.7 LAMEA forage seed market for ryegrass, ($million), growth (%) 2014-2022
4.5 ALFALFA
4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast
4.5.4 North America forage seed market for alfalfa, ($million), growth (%) 2014-2022
4.5.5 Europe forage seed market for alfalfa, ($million), growth (%) 2014-2022
4.5.6 Asia-Pacific forage seed market for alfalfa, ($million), growth (%) 2014-2022
4.5.7 LAMEA forage seed market for alfalfa, ($million), growth (%) 2014-2022
4.6 OTHERS
4.6.1 Key market trends
4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast
4.6.4 North America forage seed market for others, ($million), growth (%) 2014-2022
4.6.5 Europe forage seed market for others, ($million), growth (%) 2014-2022
4.6.6 Asia-Pacific othersmarket, ($million), growth (%) 2014-2022
4.6.7 LAMEA forage seed market for others, ($million), growth (%) 2014-2022
CHAPTER 5 GLOBAL FORAGE SEED MARKET, BY LIVESTOCK
5.1 INTRODUCTION
5.2 CATTLE
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.2.4 North America forage seed market for cattle, ($million), growth (%) 2014-2022
5.2.5 Europe forage seed market for cattle, ($million), growth (%) 2014-2022
5.2.6 Asia-Pacific forage seed market for cattle, ($million), growth (%) 2014-2022
5.2.7 LAMEA forage seed market for cattle, ($million), growth (%) 2014-2022
5.3 SWINE
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.3.4 North America forage seed market for swine, ($million), growth (%) 2014-2022
5.3.5 Europe forage seed market for swine, ($million), growth (%) 2014-2022
5.3.6 Asia-Pacific forage seed market for swine, ($million), growth (%) 2014-2022
5.3.7 LAMEA forage seed market for swine, ($million), growth (%) 2014-2022
5.4 POULTRY
5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.4.4 North America forage seed market for poultry, ($million), growth (%) 2014-2022
5.4.5 Europe forage seed market for poultry, ($million), growth (%) 2014-2022
5.4.6 Asia-Pacific forage seed market for poultry, ($million), growth (%) 2014-2022
5.4.7 LAMEA forage seed market for poultry, ($million), growth (%) 2014-2022
5.5 OTHERS
5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
5.5.4 North America forage seed market for others, ($million), growth (%) 2014-2022
5.5.5 Europe forage seed market for others, ($million), growth (%) 2014-2022
5.5.6 Asia-Pacific forage seed market for others, ($million), growth (%) 2014-2022
5.5.7 LAMEA forage seed market for others, ($million), growth (%) 2014-2022
CHAPTER 6 GLOBAL FORAGE SEED MARKET, BY GEOGRAPHY
6.1 OVERVIEW
6.2 NORTH AMERICA
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast
6.3 EUROPE
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast
6.4 ASIA-PACIFIC
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast
6.5 LAMEA
6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast
CHAPTER 7 COMPANY PROFILES
7.1 Allied Seed, LLC.
7.1.1 Overview
7.1.2 Operating business segments
7.1.3 Business performance
7.2 Brett Young
7.2.1 Overview
7.2.2 Operating business segments
7.2.3 Business performance
7.3 BASF SE
7.3.1 Overview
7.3.2 Operating business segments
7.3.3 Business performance
7.4 Dynamic Seeds Ltd.
7.4.1 Overview
7.4.2 Operating business segments
7.4.3 Business performance
7.5 Central Garden & Pet Company
7.5.1 Overview
7.5.2 Operating business segments
7.5.3 Business performance
7.6 Barenbrug Seed Company
7.6.1 Overview
7.6.2 Operating business segments
7.6.3 Business performance
7.7 Northstar Seed Ltd.
7.7.1 Overview
7.7.2 Operating business segments
7.7.3 Business performance
7.8 Hancock Farm & Seed Co. Inc.
7.8.1 Overview
7.8.2 Operating business segments
7.8.3 Business performance
7.9 Fosters Seed and Feed Ltd.
7.9.1 Overview
7.9.2 Operating business segments
7.9.3 Business performance
7.10 Dow AgroSciences, LLC
7.10.1 Overview
7.10.2 Operating business segments
7.10.3 Business performance
List of Figures
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES (20132016)
FIG. 3 TOP WINNING STRATEGIES (%) (2013-2016)
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 GLOBAL FORAGE SEED MARKET, BY PRODUCT TYPE,2015 (%)
FIG. 6 KEY MARKET TRENDS OF ALFALFA, 2014-2021 ($MILLION)
FIG. 7 GLOBAL FORAGE SEED MARKET BY LIVESTOCK, 2015 (%)
FIG. 8 KEY MARKET TRENDS OF POULTRY, 2014-2021 ($MILLION)
FIG. 9 GLOBAL FORAGE SEED MARKET BY GEOGRAPHY, 2015 (%)
FIG. 10 KEY MARKET TRENDS OF NORTH-AMERICAFORAGE SEED, 2014-2021 ($MILLION)
FIG. 11 ALLIED SEED, LLC.: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 12 ALLIED SEED, LLC.: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 13 ALLIED SEED, LLC.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 14 BRETT YOUNG: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 15 BRETT YOUNG: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 16 BRETT YOUNG: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 17 BASF SE: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 18 BASF SE: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 19 BASF SE: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 20 DYNAMIC SEEDS LTD.: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 21 DYNAMIC SEEDS LTD.: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 22 DYNAMIC SEEDS LTD.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 23 CENTRAL GARDEN & PET COMPANY: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 24 CENTRAL GARDEN & PET COMPANY: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 25 CENTRAL GARDEN & PET COMPANY: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 26 BARENBRUG SEED COMPANY: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 27 BARENBRUG SEED COMPANY: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 28 BARENBRUG SEED COMPANY: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 29 NORTHSTAR SEED LTD.: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 30 NORTHSTAR SEED LTD.: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 31 NORTHSTAR SEED LTD.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 32 HANCOCK FARM & SEED CO. INC.: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 33 HANCOCK FARM & SEED CO. INC.: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 34 HANCOCK FARM & SEED CO. INC.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 35 FOSTERS SEED AND FEED LTD.: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 36 FOSTERS SEED AND FEED LTD.: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 37 FOSTERS SEED AND FEED LTD.: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 38 DOW AGROSCIENCES, LLC: REVENUE ANALYSIS, 20132015 ($MILLION)
FIG. 39 DOW AGROSCIENCES, LLC: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 40 DOW AGROSCIENCES, LLC: REVENUE, BY GEOGRAPHY, 2015 (%)
List of Tables
TABLE 1 GLOBAL FORAGE SEED MARKET SNAPSHOT
TABLE 2 GLOBAL FORAGE SEED MARKET FOR CLOVER, ($MILLION), GROWTH (%)2014-2022
TABLE 3 NORTH AMERICA FORAGE SEED MARKET FOR CLOVER, ($MILLION), GROWTH (%) 2014-2022
TABLE 4 EUROPEFORAGE SEED MARKET FOR CLOVER, ($MILLION), GROWTH (%) 2014-2022
TABLE 5 ASIA-PACIFIC FORAGE SEED MARKET FOR CLOVER, ($MILLION), GROWTH (%) 2014-2022
TABLE 6 LAMEA FORAGE SEED MARKET FOR CLOVER, ($MILLION), GROWTH (%) 2014-2022
TABLE 7 GLOBAL FORAGE SEED MARKET FOR CHICORY, ($MILLION), GROWTH (%)2014-2022
TABLE 8 NORTH AMERICA FORAGE SEED MARKET FOR CHICORY, ($MILLION), GROWTH (%) 2014-2022
TABLE 9 EUROPE FORAGE SEED MARKET FOR CHICORY, ($MILLION), GROWTH (%) 2014-2022
TABLE 10 ASIA-PACIFIC FORAGE SEED MARKET FOR CHICORY, ($MILLION), GROWTH (%) 2014-2022
TABLE 11 LAMEA FORAGE SEED MARKET FOR CHICORY, ($MILLION), GROWTH (%) 2014-2022
TABLE 12 GLOBAL RYEGRASSMARKET, ($MILLION), GROWTH (%)2014-2022
TABLE 13 NORTH AMERICA FORAGE SEED MARKET FORRYEGRASS, ($MILLION), GROWTH (%) 2014-2022
TABLE 14 EUROPE FORAGE SEED MARKET FOR RYEGRASS, ($MILLION), GROWTH (%) 2014-2022
TABLE 15 ASIA-PACIFIC FORAGE SEED MARKET FOR RYEGRASS, ($MILLION), GROWTH (%) 2014-2022
TABLE 16 LAMEA FORAGE SEED MARKET FOR RYEGRASS, ($MILLION), GROWTH (%) 2014-2022
TABLE 17 GLOBAL FORAGE SEED MARKET FOR ALFALFA , ($MILLION), GROWTH (%)2014-2022
TABLE 18 NORTH AMERICA FORAGE SEED MARKET FOR ALFALFA, ($MILLION), GROWTH (%) 2014-2022
TABLE 19 EUROPE FORAGE SEED MARKET FOR ALFALFA , ($MILLION), GROWTH (%) 2014-2022
TABLE 20 ASIA-PACIFIC FORAGE SEED MARKET FOR ALFALFA, ($MILLION), GROWTH (%) 2014-2022
TABLE 21 LAMEA FORAGE SEED MARKET FOR ALFALFA, ($MILLION), GROWTH (%) 2014-2022
TABLE 22 GLOBAL FORAGE SEED MARKET FOR OTHERS , ($MILLION), GROWTH (%)2014-2022
TABLE 23 NORTH AMERICA FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 24 EUROPE FORAGE SEED MARKET FOR OTHERS , ($MILLION), GROWTH (%) 2014-2022
TABLE 25 ASIA-PACIFIC OTHERSMARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 26 LAMEA FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 27 GLOBALFORAGE SEED MARKET FOR CATTLE, ($MILLION), GROWTH (%)2014-2022
TABLE 28 NORTH AMERICA FORAGE SEED MARKET FOR CATTLE, ($MILLION), GROWTH (%)2014-2022
TABLE 29 EUROPE FORAGE SEED MARKET FOR CATTLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 30 ASIA-PACIFIC FORAGE SEED MARKET FOR CATTLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 31 LAMEA FORAGE SEED MARKET FOR CATTLE, ($MILLION), GROWTH (%) 2014-2022
TABLE 32 GLOBAL FORAGE SEED MARKET FOR SWINE, ($MILLION), GROWTH (%)2014-2022
TABLE 33 NORTH AMERICA FORAGE SEED MARKET FOR SWINE, ($MILLION), GROWTH (%) 2014-2022
TABLE 34 EUROPE FORAGE SEED MARKET FOR SWINE, ($MILLION), GROWTH (%) 2014-2022
TABLE 35 ASIA-PACIFIC FORAGE SEED MARKET FOR SWINE, ($MILLION), GROWTH (%) 2014-2022
TABLE 36 LAMEA FORAGE SEED MARKET FOR SWINE, ($MILLION), GROWTH (%) 2014-2022
TABLE 37 GLOBALFORAGE SEED MARKET FOR POULTRY, ($MILLION), GROWTH (%)2014-2022
TABLE 38 NORTH AMERICA FORAGE SEED MARKET FOR POULTRY, ($MILLION), GROWTH (%) 2014-2022
TABLE 39 EUROPE FORAGE SEED MARKET FOR POULTRY, ($MILLION), GROWTH (%) 2014-2022
TABLE 40 ASIA-PACIFIC FORAGE SEED MARKET FOR POULTRY, ($MILLION), GROWTH (%) 2014-2022
TABLE 41 LAMEA FORAGE SEED MARKET FOR POULTRY, ($MILLION), GROWTH (%) 2014-2022
TABLE 42 GLOBAL FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%)2014-2022
TABLE 43 NORTH AMERICA FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 44 EUROPEFORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 45 ASIA-PACIFIC FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 46 LAMEA FORAGE SEED MARKET FOR OTHERS, ($MILLION), GROWTH (%) 2014-2022
TABLE 47 NORTH AMERICA FORAGE SEED MARKET, ($MILLION), GROWTH (%)2014-2022
TABLE 48 EUROPE FORAGE SEEDMARKET, ($MILLION), GROWTH (%)2014-2022
TABLE 49 ASIA-PACIFIC FORAGE SEEDMARKET, ($MILLION), GROWTH (%)2014-2022
TABLE 50 LAMEA FORAGE SEEDMARKET, ($MILLION), GROWTH (%)2014-2022
TABLE 51 ALLIED SEED, LLC.:COMPANY SNAPSHOT
TABLE 52 ALLIED SEED, LLC.: OPERATING SEGMENTS
TABLE 53 ALLIED SEED, LLC.:KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 54 BRETT YOUNG:COMPANY SNAPSHOT
TABLE 55 BRETT YOUNG: OPERATING SEGMENTS
TABLE 56 BRETT YOUNG:KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 57 BASF SE: COMPANY SNAPSHOT
TABLE 58 BASF SE: OPERATING SEGMENTS
TABLE 59 BASF SE: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 60 DYNAMIC SEEDS LTD.: COMPANY SNAPSHOT
TABLE 61 DYNAMIC SEEDS LTD.: OPERATING SEGMENTS
TABLE 62 DYNAMIC SEEDS LTD.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 63 CENTRAL GARDEN & PET COMPANY: COMPANY SNAPSHOT
TABLE 64 CENTRAL GARDEN & PET COMPANY: OPERATING SEGMENTS
TABLE 65 CENTRAL GARDEN & PET COMPANY: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 66 BARENBRUG SEED COMPANY: COMPANY SNAPSHOT
TABLE 67 BARENBRUG SEED COMPANY: OPERATING SEGMENTS
TABLE 68 BARENBRUG SEED COMPANY: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 69 NORTHSTAR SEED LTD.: COMPANY SNAPSHOT
TABLE 70 NORTHSTAR SEED LTD.: OPERATING SEGMENTS
TABLE 71 NORTHSTAR SEED LTD.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 72 HANCOCK FARM & SEED CO. INC.:COMPANY SNAPSHOT
TABLE 73 HANCOCK FARM & SEED CO. INC.: OPERATING SEGMENTS
TABLE 74 HANCOCK FARM & SEED CO. INC.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 75 FOSTERS SEED AND FEED LTD.:COMPANY SNAPSHOT
TABLE 76 FOSTERS SEED AND FEED LTD.: OPERATING SEGMENTS
TABLE 77 FOSTERS SEED AND FEED LTD.:KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 78 COMPANY SNAPSHOT
TABLE 79 AUNTIE ANNE'S: OPERATING SEGMENTS
TABLE 80 AUNTIE ANNE'S:KEY STRATEGIC MOVES & DEVELOPMENTS
Forage seed market witnessed a healthy rise in the demand over the past few years, owing to the cost effectiveness over other feeds such as wheat bran and oil seed. The rise in the awareness regarding the health benefits of forage seeds to livestock also adds significantly to the growth of this market. Increase in domestication of aquatic livestock is projected to pose the highest growth in the demand for forage seed during the forecast period.
North America attained a leading position in this market due to increase in health consciousness among people. This region provides lucrative opportunities for growth to global forage seed producers, owing to its huge potential to set up infrastructure plants and increase in demand of forage seed for organic meat.
Rise in urban population, increased disposable income coupled with growth in demand for meat, eggs milk, and other dairy products in the emerging economies, such as India and China are the few factors that have a positive impact on the forage seed market.
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