1. What is the projected Compound Annual Growth Rate (CAGR) of the Pasture Seeds Market?
The projected CAGR is approximately 6.24%.
Pasture Seeds Market by Type (Alfalfa, Clovers, Birds foot Trefoil, Ryegrass, Timothy, Brome Grass, Bermuda Grass, Bahia Grass, Bent Grass, Fescue Seed, Wheatgrass, Others), by Species (Legumes, Grasses), by Animal Type (Horse, Cattle, Goat, Sheep, Swine/Pig, Others), by By Type (Alfalfa, Clovers, Birds foot Trefoil, Ryegrass, Timothy, Brome grass, Bermuda grass, Bahia Grass, Bent Grass, Fescue Seed, Wheatgrass, Others), by Europe (Germany, France, Spain, Italy, U.K., Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East & Africa (South Africa, Saudi Arabia, Rest of Middle East & Africa) Forecast 2025-2033
The size of the Pasture Seeds Market was valued at USD 13.30 USD Billion in 2023 and is projected to reach USD 20.32 USD Billion by 2032, with an expected CAGR of 6.24% during the forecast period. This growth can be attributed to various factors, including the increasing adoption of hybrid seeds, rising food security concerns, government initiatives to promote sustainable agriculture, and advancements in agricultural technologies. Hybrid seeds offer improved yield, disease resistance, and tolerance to various environmental stresses, leading to their increased popularity among farmers. Moreover, growing concerns about food security and the need to increase agricultural productivity are driving the demand for high-quality pasture seeds. Governments worldwide are also implementing policies to support the adoption of sustainable farming practices, including the use of pasture seeds for improving soil health and reducing environmental impact.
The Pasture Seeds Market is influenced by several key trends, including:
Key Region:
Key Segment:
This report provides a comprehensive overview of the Pasture Seeds Market, including:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.24% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 6.24%.
Key companies in the market include Barenbrug Holding B.V. (Netherlands), The Scotts Miracle-Gro Company (U.S.), Advanta Seeds (UPL Ltd.) (India), Hancock Seed Company (U.S.), Great Basin Seed (U.S), Allied Seed, LLC (U.S.), RAGT SA (France), Fosters Seed And Feed Ltd (Canada), Corteva, Inc. (U.S.), DLF Seeds A/S (Denmark).
The market segments include Type, Species, Animal Type.
The market size is estimated to be USD 13.30 USD Billion as of 2022.
Rising Milk Production Globally to Propel the Industry’s Growth.
Rising Milk Production Globally to Propel the Industry’s Growth.
Rising Milk Production Globally to Propel the Industry’s Growth.
January 2024: DLF S/A, a multinational crop and pasture seeds company, collaborates with a local team in Landskrona, Sweden, to develop and investigate sugar beet, fodder beet, and alternative options for the site.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K Tons.
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