Global Pasture Seeds Market Size to Exceed USD 28.40 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Pasture Seeds Market Size is Expected to Grow from USD 2.36 Billion in 2023 to USD 28.40 Billion by 2033, at a CAGR of 7.06% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Pasture Seeds Market Size, Share, and COVID-19 Impact Analysis, By Type (Alfalfa, Clovers, Bird’s Foot Trefoil, Ryegrass, and Timothy), By Animal Type (Pork, Horse, Cow, and Goat), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The production, transportation, and sale of seeds used to create and maintain hay production and cattle grazing areas are all part of the pasture seeds market. It provides a range of seed varieties for various livestock applications and geographical areas, catering to farmers and agribusinesses worldwide. The market emphasizes sustainable livestock production and is influenced by the climate, soil conditions, and developments in seed breeding. Additionally, as environmental sustainability gains more attention, pasture-based livestock systems are becoming more popular. The increasing demand for regenerative agriculture and sustainable agricultural methods is met by pasture seeds, which support carbon sequestration, soil health, and sustainable grazing methods. The market for pasture seeds has an opportunity due to consumers' growing desire for organic products. Organic farming produces animal feed devoid of chemicals by using natural inputs, such as organic pasture seeds. However, regulations pertaining to the manufacture, distribution, and intellectual property rights of seeds can provide difficulties for businesses operating in the pasture seed industry.
The ryegrass segment is expected to hold the largest share of the global pasture seeds market during the projected timeframe.
Based on type, the global pasture seeds market is categorized as alfalfa, clovers, bird’s foot trefoil, ryegrass, and timothy. Among these, the ryegrass segment is expected to hold the largest share of the global pasture seeds market during the projected timeframe. The production period will be shortened because ryegrass typically takes seven days or less to germinate. Therefore, the main reasons farmers choose to produce pasture crops are the increased germination of grass seeds, rapid development, good quality fodder, and nutritional advantages.
The pork segment is expected to grow at the fastest CAGR during the projected timeframe.
Based on the animal type, the global pasture seeds market is categorized as pork, horse, cow, and goat. Among these, the pork segment is expected to grow at the fastest CAGR during the projected timeframe. Pork is consumed all around the world and is one of the meats with the most variation. Pork is virtually non-existent in Middle Eastern cuisine, though, because it is prohibited by the dietary laws of Islam and Judaism as well as by many Asian and African regional cultures.
North America is projected to hold the largest share of the global pasture seeds market over the forecast period.
North America is projected to hold the largest share of the global pasture seeds market over the forecast period. The need for pasture seeds is driven throughout the region by the rising demand for premium feed products as well as the expansion of livestock production for meat production. The need for pasture seeds in the area is also expected to be driven by government funding to enhance seed development and storage.
Asia Pacific is expected to grow at the fastest CAGR growth of the global pasture seeds market during the forecast period. The region's product demand is being driven by rising milk production, government initiatives to increase the production of fodder and forage crops, and businesses' efforts to create novel seeds. With about 22% of the world's milk production, India is the world's largest milk producer and a major contributor to job creation in rural areas.
Company Profiling
Major vendors in the global pasture seeds market are Hancock Seed & Company, DLF Seeds A/S, RAGT SA, Brett-Young Seeds Limited, Deutsche Saatveredelung AG, Corteva, Inc., Royal Barenbrug Group, Openfolde Limited, Fosters Seed and Feed Ltd., and GROWMARK, Inc., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In January 2024, the international crop and pasture seed business DLF S/A worked with a local team in Landskrona, Sweden, to create and research sugar beet, fodder beet, and other choices for the location.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global pasture seeds market based on the below-mentioned segments:
Global Pasture Seeds Market, By Type
- Alfalfa
- Clovers
- Bird’s Foot Trefoil
- Ryegrass
- Timothy
Global Pasture Seeds Market, By Animal Type
Global Pasture Seeds Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa