PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745816
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745816
The forage market size is expected to reach USD 1,449.10 million by 2034, according to a new study by Polaris Market Research. The report "Forage Market Size, Share, Trends, Industry Analysis Report: By Crop Type (Cereals, Legumes, and Grasses), Product Type, Animal Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Forage refers to plant materials such as grasses, legumes, and other vegetation cultivated primarily for livestock feed. It provides essential nutrients such as fiber, protein, and minerals necessary for animal growth, milk production, and reproduction.
Forage crops are essential to sustainable farming practices. They improve soil health by preventing erosion, enhancing fertility, and reducing the reliance on chemical fertilizers. Legumes, in particular, act as nitrogen fixers, naturally replenishing nutrients in the soil. Moreover, well-managed forage systems can sequester carbon, contributing to the reduction of greenhouse gas emissions. Growing environmental concerns have led both farmers and governments to prioritize eco-friendly farming practices. This focus on sustainability is driving the increased demand for forage crops, making them a crucial component of sustainable agricultural systems.
The growing focus on improving livestock nutrition is aimed at enhancing productivity and animal health. Farmers are increasingly adopting higher-quality forage to support livestock diets. High-quality forages offer essential nutrients such as proteins, fiber, and minerals, which are crucial for optimal animal growth, milk production, and reproduction. Well-nourished livestock also tend to have better disease resistance, resulting in higher productivity and reduced veterinary costs. The recognition of the importance of proper nutrition is fueling the demand for premium forage crops in the market. This shift in livestock management practices is boosting the forage market growth.
Polaris market research has segmented forage market report based on crop type, product type, animal type, and region:
By Crop Type (Revenue - USD Million, 2020-2034)
By Product Type (Revenue - USD Million, 2020-2034)
By Animal Type (Revenue - USD Million, 2020-2034)
By Regional Ou tlook (Revenue - USD Million, 2020-2034)