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Global Industry Hub. (Sep, 2024). Forage Seed Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Report ID: GIH 1036 | Sep 2024 | Format:
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Global Industry Hub. (Sep, 2024). Forage Seed Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Forage Seed Market size was valued at US$ 4.85 Bn in 2023, registering a CAGR of 4.2% during the forecast period (2024-2030), and the market is projected to be worth US$ 6.25 Bn by 2030.
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.
Forage Seed Market Scope:
Report Coverage | Details |
---|---|
Base Year | 2023 |
Base Year Value | US$ 4.85 Bn |
Forecast Value | US$ 6.25 Bn |
CAGR | CAGR of 4.2% |
Forecast Period | 2024-2030 |
Historical Data | 2019-2022 |
Largest Market | North America |
Fastest Growing Market | Europe |
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The Forage Seed market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.
Important Features of the Report:
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Breeding Technology Outlook
Hybrids
Open Pollinated Varieties & Hybrid Derivatives
Crop Outlook
Alfalfa
Forage Corn
Forage Sorghum
Others
Regional Outlook
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.
In March 2023, PGG Wrightson Seeds is the development of the GT07 phalaris variety. This new variety is designed to exhibit market potential, especially in response to the challenges posed by Australia's changing climate. The development of GT07 was achieved through collaboration with the CSIRO's breeding program, highlighting the company's commitment to innovation and sustainability in agriculture.
In March 2023, In a strategic move to enhance its market presence in the UK, Barenbrug has entered into an agreement to acquire Watson Group, a well-established seed specialist in the UK. This acquisition is expected to bolster Barenbrug's growth in the grass-seed marketplace, particularly in Scotland, where Watson Group has a strong foothold.
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03 Sep 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable