PUBLISHER: TechSci Research | PRODUCT CODE: 1886501
PUBLISHER: TechSci Research | PRODUCT CODE: 1886501
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The Global Forage Analysis Market will grow from USD 658.37 Million in 2024 to USD 910.89 Million by 2030 at a 5.56% CAGR. Forage analysis involves the scientific evaluation of feedstuffs' nutritional and mineral profiles, crucial for optimizing livestock diets and achieving production goals. The market's growth is primarily driven by the escalating demand for high-quality animal feed to enhance livestock productivity and health, coupled with increasing global meat and dairy consumption. Precision agriculture, utilizing detailed nutritional insights for balanced ration formulation, further supports this expansion.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 658.37 Million |
| Market Size 2030 | USD 910.89 Million |
| CAGR 2025-2030 | 5.56% |
| Fastest Growing Segment | Physical Method |
| Largest Market | North America |
Key Market Drivers
The escalating global demand for premium meat, dairy, and other animal products necessitates a reliable and consistent supply chain, which in turn drives the need for precise feed management. To achieve superior product quality and efficient production, livestock producers are increasingly relying on detailed forage analysis. According to the FAO, in June 2024, global poultry meat production was predicted to increase by 0.8% year-on-year, adding 1.1 million tons to reach a total of 146 million tons, fueled by strong consumer demand.
Key Market Challenges
Limited farmer awareness in developing regions regarding the advantages of forage analysis significantly impedes the growth of the Global Forage Analysis Market. Many farmers in these areas do not fully comprehend how detailed nutritional profiles of feedstuffs can optimize livestock diets, improve animal health, and increase productivity. This lack of understanding directly translates into low demand for forage testing services, as the perceived value proposition for such investments is not recognized.
Key Market Trends
The global forage analysis market is significantly influenced by the rapid adoption of advanced analytical technologies, particularly those enabling on-site testing. This trend shifts traditional, time-consuming laboratory processes to immediate, actionable insights at the farm level. The deployment of portable and rapid analytical devices allows for instant determination of forage nutritional content, facilitating swift adjustments to livestock diets and enhancing feed efficiency.
In this report, the Global Forage Analysis Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Forage Analysis Market.
Global Forage Analysis Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: