Forage Feed Market Outlook 2029: Presents Market Insights & Depth Analysis

The global forage feed market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The rising meat and dairy consumption demands are promoting a considerable growth of the animal agricultural industry, which in turn is driving up forage feed demand. For instance, the US produced 11.9 billion Kg of beef 11.6 billion pounds of pork 2.6 billion Kg of turkey 36.3 million Kg of veal 68.1 million kg of lamb and mutton, and 19.1 billion pounds of chicken in 2017. Therefore, the massive production of meat animals requires a large amount of forage, which in turn boosts the forage feed market.

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2020, Forage Genetics International (FGI) partnered with Land O’Lakes Venture37, Corteva Agriscience, Bidco Land O’Lakes, and the International Livestock Research Institute (ILRI) in the Nourishing Prosperity Alliance that aims to strengthen dairy production in central Kenya. The project will help advance the sustainable farming practices of more than 5,000 women smallholder dairy farmers and ease the annual 2.2 billion-liter shortage1 of dairy products in the country. In addition to FGI’s forage leadership, the alliance combines Corteva’s leadership in agricultural inputs and support of smallholder farmers with ILRI’s locally-based, world-renowned forage R&D capabilities and livestock management practices. 

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Market Coverage

                 The market number available for – 2021-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Products

                 By Animal Type

Regions Covered

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

                 Competitive Landscape- ADM Alliance Nutrition, Wilbur Ellis Holdings Inc, Mitsubishi Corp, Standlee Premium Products, LLC.

A full Report of Forage Feed Market is Available @  https://www.omrglobal.com/industry-reports/forage-feed-market

Forage Feed Market Report Segment

By Products

                 Stored Forage

                 Fresh Forage

                 Others

By Animal Type 

                 Ruminants

                 Poultry

                 Swine

                 Others 

Forage Feed Market Report Segment by Region

North America                                                                                                                                                                            

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles 

                 ADM Alliance Nutrition Inc

                 Al Dahra ACX Global Inc.

                 Baileys Horse Feeds

                 BASF SE

                 Cargill Inc 

                 Chaffhaye Inc

                 Enterra Corp

                 Germinal GB Ltd

                 Hindustan Animal Feeds

                 Kemin Industries, Inc

                 Land O Lake Inc

                 Lucerne Farms

                 NWF Agriculture Ltd

                 Riverina Australia Pty Ltd.

                 SGS SA

                 Standlee Premium Products, LLC

                 Taj Agro Products Ltd

                 Triple Crown Nutrition

                 Triple Crown Nutrition Inc.

                 Wilbur-Ellis Holdings Inc.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

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