Forage Feed Market is Expected to be Worth US$162.87 bn by 2019

The forage feed market has been displaying significant growth over the past couple of years. This is due to surging meat consumption globally, expansion of farm animal production, and increasing practices of administering forage feed to animals for their nutritional content.

The cultivation of forage crops has environmental benefits as well. It contributes to food crop production by conserving soil, protects the environment from pollution, and helps revegetate degraded land. Forage feed is also used for their protein content in medical and pharmaceutical products.

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Almost 26% of the world’s land and 70% of world’s agricultural land is covered by grasslands, as per statistics from the UN Food and Agriculture Organization. This provides livelihood to millions of people for livestock rearing for milk, meat, wool, hides, eggs, and animal power. Forage crops are broadly classified as temporary meadows, permanent meadows, annual crops, and crops. Permanent meadows involve land to be used for five years or more. They mainly grow perennial legumes and grasses. Temporary meadows involve the land to be used for a period of fewer than five years for growing forage. Annual crops are high-yield grains such as wheat, maize, and sorghum.

However, the high cost factor of forage feed is leading consumers to lookout for cheaper substitutes. For example, in the U.S., in 2013, the consumption of distillers grains was registered to be much higher over forage feed due to its economical cost factor. Furthermore, lack of funding for forage research is also restraining the market’s growth. Nevertheless, with surging product innovations, the forage feed market is expected to be benefitted.

The global forage feed market was valued at US$85.06 bn in 2013. Expanding at a CAGR of 11.4% between 2013 and 2019, the market is forecast to be worth US$162.87 bn by the end of 2019.

Rising Disposable Incomes Secure Asia Pacific’s Lead Position in Market

Amongst all regional markets, Asia Pacific held a share of more than 30% in the global market in 2013. The region is anticipated to retain its dominant position over the coming years. The growth of the Asia Pacific forage feed market is driven by growing population, rising disposable income leading to increasing buy of livestock products, and progressive urbanization in the region.

Europe holds almost 30% share in the global forage feed market. North America and Rest of the World regions account for remaining share of the overall market.

Cattle Livestock Segment to Display Significant Revenue Contribution to Market in Future

In terms of product type, the market can be classified as stored forage, fresh storage, and others. In 2013, stored forage dominated accounting for 41.51% of the overall market. Stored forage is harvested as hay and stored and packed in plastic bags.

On the basis of livestock, in 2013, the forage feed market was dominated by poultry accounting for 33.1% of the overall market. The segment was closely trailed by pork/swine that held almost 29% of the market in the same year. Cattle currently accounts for a lower market share, however, the segment is expected to display robust growth in the coming years due to the increasing cattle production for milk, transportation, beef, and leather.

Some of the leading players in the global forage feed market are Triple Crown Nutrition Inc., Cargill Incorporated, Semican Inc., J. Grennan and Sons, Standlee Hay Company Inc., Baileys Horse Feeds, and The Pure Feed Company Limited, ADM Allinace Nutrition Inc., BASF SE, Chaffhaye Inc., Brett Young Seeds, and NWF Agriculture Ltd.

Forage Feed Market: Rising Disposable Incomes Secure Asia Pacific’s Lead Position in Market

The forage feed market has been displaying significant growth over the past couple of years. This is due to surging meat consumption globally, expansion of farm animal production, and increasing practices of administering forage feed to animals for their nutritional content.

The cultivation of forage crops has environmental benefits as well. It contributes to food crop production by conserving soil, protects the environment from pollution, and helps revegetate degraded land. Forage feed is also used for their protein content in medical and pharmaceutical products.

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Almost 26% of the world’s land and 70% of world’s agricultural land is covered by grasslands, as per statistics from the UN Food and Agriculture Organization. This provides livelihood to millions of people for livestock rearing for milk, meat, wool, hides, eggs, and animal power. Forage crops are broadly classified as temporary meadows, permanent meadows, annual crops, and crops. Permanent meadows involve land to be used for five years or more. They mainly grow perennial legumes and grasses. Temporary meadows involve the land to be used for a period of fewer than five years for growing forage. Annual crops are high-yield grains such as wheat, maize, and sorghum.

However, the high cost factor of forage feed is leading consumers to lookout for cheaper substitutes. For example, in the U.S., in 2013, the consumption of distillers grains was registered to be much higher over forage feed due to its economical cost factor. Furthermore, lack of funding for forage research is also restraining the market’s growth. Nevertheless, with surging product innovations, the forage feed market is expected to be benefitted.

The global forage feed market was valued at US$85.06 bn in 2013. Expanding at a CAGR of 11.4% between 2013 and 2019, the market is forecast to be worth US$162.87 bn by the end of 2019.

Rising Disposable Incomes Secure Asia Pacific’s Lead Position in Market

Amongst all regional markets, Asia Pacific held a share of more than 30% in the global market in 2013. The region is anticipated to retain its dominant position over the coming years. The growth of the Asia Pacific forage feed market is driven by growing population, rising disposable income leading to increasing buy of livestock products, and progressive urbanization in the region.

Europe holds almost 30% share in the global forage feed market. North America and Rest of the World regions account for remaining share of the overall market.

Cattle Livestock Segment to Display Significant Revenue Contribution to Market in Future

In terms of product type, the market can be classified as stored forage, fresh storage, and others. In 2013, stored forage dominated accounting for 41.51% of the overall market. Stored forage is harvested as hay and stored and packed in plastic bags.

On the basis of livestock, in 2013, the forage feed market was dominated by poultry accounting for 33.1% of the overall market. The segment was closely trailed by pork/swine that held almost 29% of the market in the same year. Cattle currently accounts for a lower market share, however, the segment is expected to display robust growth in the coming years due to the increasing cattle production for milk, transportation, beef, and leather.

Some of the leading players in the global forage feed market are Triple Crown Nutrition Inc., Cargill Incorporated, Semican Inc., J. Grennan and Sons, Standlee Hay Company Inc., Baileys Horse Feeds, and The Pure Feed Company Limited, ADM Allinace Nutrition Inc., BASF SE, Chaffhaye Inc., Brett Young Seeds, and NWF Agriculture Ltd.

Forage Feed Market Outlook and Forecast by 2019

According to a recent market research report published by Transparency Market Research, the global forage feed market is estimated to expand positively at a CAGR of 11.4% during the period between 2013 and 2019. The report, titled “Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, projects the global forage feed market to be worth US$162.87 bn by the end of the forecast horizon. The overall market stood at a valuation of US$85.06 bn in 2013. In terms of volume, the global forage feed market is anticipated to rise at a CAGR of 9.2% during the period from 2013 to 2019.

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The report states that the ever-increasing demand for livestock products such as meat, milk, and other animal products is fuelling demand from the global forage feed market. However, the high cost of forage feed is influencing consumers to look for cheaper substitutes. For example in the U.S., consumption of distillers grains as a cheaper substitute to forage feed was significantly high in 2013. Lack of funding for forage research has also restricted the growth of the overall market. The global forage feed market has a huge opportunity to grow with product innovations.

On the basis of product type, the report segments the global forage feed market into fresh forage, stored forage, and others. In 2013, stored forage dominated the overall market and accounted for 41.51% market share. During the forecast horizon, the demand for stored forage is expected to decline marginally owing to the rising awareness about animal health.

In terms of livestock type, the report categorizes the global forage feed market into cattle, poultry, aquaculture, pork, swine, and others. In 2013, poultry was the leading livestock segment in the market and accounted for 33.1% of the market. The pork/swine market generated around 29% of total market revenue in the same year and emerged as the second largest livestock market. During the period between 2013 and 2019, the cattle market is anticipated to register robust growth due to the growing awareness about the utility of numerous cattle products.

The report studies the global forage feed market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. In terms of production volume, Asia Pacific accounted for over 30% market share in 2013 and dominated the overall market. During the forecast period, the region is likely to maintain its leading position. Europe was the second largest market for forage feed in 2013.

Describing competitive landscape, the report profiles some of the key players in the global forage feed market such as Semican Inc., Triple Crown Nutrition Inc., ADM Alliance Nutrition Inc., Cargill Inc., Baileys Horse Feeds, Standlee Hay Co. Inc., The Pure Feed Co. Ltd., J. Grennan and Sons, BASF SE, NWF Agriculture Ltd., Chaffhaye Inc., and Brett Young Seeds.

Global Forage Feed Market has been segmented as:

Global Forage Feed Market, by product type

• Stored forage
• Fresh forage
• Others

Global Forage Feed Market, by livestock-type

• Poultry
• Cattle
• Pork/ Swine
• Aquaculture
• Others

Forage Feed Market 2013-2029 Shares, Trend and Growth Report

A radical shift in the socio-cultural behavior occurring due to globalization has impacted the forage feed market. Dairy farms, animal husbandry, and poultry sectors are focusing on the purchase of value added, high quality forage feed products, finds Transparency Market Research (TMR) in a new study. Environmental considerations are expected to play an important role in influencing the buying decision of consumers. Major players operating in the global forage feed market have their presence across the value chain. Some market players such as BASF, Allied Seed LLC, and Cargill Incorporated have wide experience in the forage feed industry. These companies are working towards providing innovative solutions in the field of pest management, forestland management, and improvement in the quality of seeds.

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Many companies are focusing on the manufacturing of improved nutritional herbicides and bio-based forages which increases the yield and reduces the risks. Many international players are adopting technologies that help improve land management. This is helping them achieve intensive grassland production and is thus, intensifying competition in the market.

Demand for Organic Meat Drives Adoption of Forage Feed

There has been a growing concern over meat consumption among consumers across the globe. People have become more health conscious and are increasingly demanding organic meat. Since for organic meat, animals are fed on corn forages or grass, with no use of growth regulators, fertilizers, pesticides, or additives, this type of meat is healthier. Moreover, organic meat overcomes issues associated with meat such as cholesterol, obesity, cancer, fat, and hypertension. This is in turn driving the demand for forage feed.

The worldwide meat production has increased by 20% in the last decade as an increasing number of people are consuming meat. This has led to a surge in animal breeding for livestock. Livestock or farm animals consume forage as their primary feed. This is propelling the demand for forage feed.

The health benefits of forage are also fueling the demand for this feed. Forage consumption has several benefits such as increasing the rumination among the cattle, increasing the fiber content, and supplying 75% of the protein required in the diet of animals. Moreover, forage consumption increases the performance of animals, including reproduction.

Lack of funding in Forage Research Restricts Growth of Forage Feed Market

Forage research becomes necessary so as to have innovation that ensures long-term profitability and sustainability for the producers. However, due to budget insufficiency and non-replacement of retiring personnel, the forage research has been on a decline. Another factor that holds the potential to dampen the demand for forage feed is the rising use of forage substitutes. Forage substitutes such as beet pulpin low starch or high quality by-product diets can threaten the demand for forage feed. Sand draught is another factor that has surged the demand for substitutes. Choice of alternative feeds is also done in order to decrease the dependency on grass forage feeds, when there is shortage of harvested forage owing to drought, frost, nutrient or soil deficiency, and excessive soil nitrogen.

Product Innovation to Create Opportunities in Forage Feed Market

One of the emerging key trends in the market is the development of forage feed that is low in fat. Product innovations in forage feed such that the feed is composed in a special way to reduce the fat content can open many growth opportunities in the market. Extensive research is being carried out to determine the composition of ingredients in forage feed to provide maximum nutritional benefit to the animals.

Consumers are increasingly demanding that livestock products have no antibiotics, no growth hormones, and are organic. This is shifting the focus of the companies towards developing products that are energy rich and reduce the need for various other supplements. Case in point. Triple Crown Nutrition Inc. has developed Equimix, a product which is a unique blend of supplements for horse, eliminating the need for many other additional supplement required for improved digestion of horses.

Based on product type, the stored forage segment led in 2013, accounting for 41.51% of the global forage feed market. Asia Pacific accounted for 30% of the global forage feed market in 2013, in terms of production volume. By livestock, the poultry segment led in 2013, accounting for 33.1% of the global forage feed market. The cattle segment is expected to show a healthy growth in the coming years.

The global forage feed market is expected to expand at a CAGR of 11.4% from 2013 to 2019. The market which was valued at US$85.06 bn in 2013 is expected to be worth US$162.87 bn by 2019, as per TMR.

Forage Feed Market is Expected to be Worth US$162.87 bn by 2019, Expanding at a CAGR of 11.4% from 2013 to 2019

Forage consists of grasses, herbaceous legumes, tree legumes, silage, green feed and hay. Nearly 200 plant species have been known as forage crops. The market for forage is segmented as fresh forage and stored forage. Fresh forage provides the highest quality and the most palatable feed possible. Stored forage is harvested as hay and can be chopped and packed in plastic bags. Benefits from forage crops are not just limited to livestock production. They also contribute to food crop production by conserving soil, landscape and wildlife, protecting the environment from pollution, and revegetating and reclamation of degraded land. They are also sources of high quality proteins for medical and pharmaceutical products. The global forage feed market in terms of revenue was valued at USD 85.06 billion in 2013.

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Different kinds of forage crops can be classified as permanent meadows, temporary meadows, annual crops and crops. Permanent meadows mainly consist of perennial legumes and grasses. Here, the land used to grow forage is used for a period of five years or more. These are harvested manually or grazed. In temporary meadows the land used to grow forage is used for a period of less than five years. These forage crops either grow in the wild or are cultivated. Annual crops are high production grains such as wheat, sorghum and maize. Crops are both forage and subsistence such as cowpea and sorghum.

The market for forage feed by product type in 2013 was majorly dominated by stored forage and accounted for 41.51% of the total market share. In future stored forage is likely to lose its market share slightly due to increasing health conscious among consumers regarding animal health. Others kind of forages combined together had around 20% of the market share.

In terms of livestock, the market for forage feed was dominated by poultry accounting for 33.1% of market share in 2013. This is followed pork/swine contributed close to 29% of the market share in terms of revenue. Cattle comparatively accounted for lower share but in future market share is expected to increase due to multiple benefits such as transportation, milk, beef and leather uses from cattles.

Forage feed manufacturing has a global reach. In terms of volume Asia Pacific accounted for more than 30% of the overall market share in 2013 and it is expected to maintain its dominance for the next six years. This is driven by rising population, increasing disposable income and progressive urbanization in Asia Pacific. Europe accounts for around 30% of the forage feed market share. North America and RoW have the remaining market share.

Some of the major players of the market areTriple Crown Nutrition, Inc., Standlee Hay Company, Inc., Cargill, Incorporated, Baileys Horse Feeds, Semican Inc., The Pure Feed Company Limited and J. Grennan and Sons.

Development of High Energy Forage Feed to Open New Doors of Opportunity, says TMR

A radical shift in the socio-cultural behavior occurring due to globalization has impacted the forage feed market. Dairy farms, animal husbandry, and poultry sectors are focusing on the purchase of value added, high quality forage feed products, finds Transparency Market Research (TMR) in a new study. Environmental considerations are expected to play an important role in influencing the buying decision of consumers. Major players operating in the global forage feed market have their presence across the value chain. Some market players such as BASF, Allied Seed LLC, and Cargill Incorporated have wide experience in the forage feed industry. These companies are working towards providing innovative solutions in the field of pest management, forestland management, and improvement in the quality of seeds.

Many companies are focusing on the manufacturing of improved nutritional herbicides and bio-based forages which increases the yield and reduces the risks. Many international players are adopting technologies that help improve land management. This is helping them achieve intensive grassland production and is thus, intensifying competition in the market.

Demand for Organic Meat Drives Adoption of Forage Feed

There has been a growing concern over meat consumption among consumers across the globe. People have become more health conscious and are increasingly demanding organic meat. Since for organic meat, animals are fed on corn forages or grass, with no use of growth regulators, fertilizers, pesticides, or additives, this type of meat is healthier. Moreover, organic meat overcomes issues associated with meat such as cholesterol, obesity, cancer, fat, and hypertension. This is in turn driving the demand for forage feed.

The worldwide meat production has increased by 20% in the last decade as an increasing number of people are consuming meat. This has led to a surge in animal breeding for livestock. Livestock or farm animals consume forage as their primary feed. This is propelling the demand for forage feed.

The health benefits of forage are also fueling the demand for this feed. Forage consumption has several benefits such as increasing the rumination among the cattle, increasing the fiber content, and supplying 75% of the protein required in the diet of animals. Moreover, forage consumption increases the performance of animals, including reproduction.

Interpret a Competitive outlook Analysis Report with free PDF Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1654

Lack of funding in Forage Research Restricts Growth of Forage Feed Market

Forage research becomes necessary so as to have innovation that ensures long-term profitability and sustainability for the producers. However, due to budget insufficiency and non-replacement of retiring personnel, the forage research has been on a decline. Another factor that holds the potential to dampen the demand for forage feed is the rising use of forage substitutes. Forage substitutes such as beet pulpin low starch or high quality by-product diets can threaten the demand for forage feed. Sand draught is another factor that has surged the demand for substitutes. Choice of alternative feeds is also done in order to decrease the dependency on grass forage feeds, when there is shortage of harvested forage owing to drought, frost, nutrient or soil deficiency, and excessive soil nitrogen.

Product Innovation to Create Opportunities in Forage Feed Market

One of the emerging key trends in the market is the development of forage feed that is low in fat. Product innovations in forage feed such that the feed is composed in a special way to reduce the fat content can open many growth opportunities in the market. Extensive research is being carried out to determine the composition of ingredients in forage feed to provide maximum nutritional benefit to the animals.

Consumers are increasingly demanding that livestock products have no antibiotics, no growth hormones, and are organic. This is shifting the focus of the companies towards developing products that are energy rich and reduce the need for various other supplements. Case in point. Triple Crown Nutrition Inc. has developed Equimix, a product which is a unique blend of supplements for horse, eliminating the need for many other additional supplement required for improved digestion of horses.

Based on product type, the stored forage segment led in 2013, accounting for 41.51% of the global forage feed market. Asia Pacific accounted for 30% of the global forage feed market in 2013, in terms of production volume. By livestock, the poultry segment led in 2013, accounting for 33.1% of the global forage feed market. The cattle segment is expected to show a healthy growth in the coming years.

The global forage feed market is expected to expand at a CAGR of 11.4% from 2013 to 2019. The market which was valued at US$85.06 bn in 2013 is expected to be worth US$162.87 bn by 2019, as per TMR.

This information is based on the findings of a report published by Transparency Market Research titled “Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019.”

The global forage feed market has been segmented as below:

Product:

• Stored forage
• Fresh forage
• Others

Livestock-type:

• Poultry
• Cattle
• Pork/Swine
• Aquaculture
• Others

Geographies:

• Europe
• North America
• Asia-Pacific
• Rest of the World

Forage Feed Market - Global Industry Analysis,Forecast 2013 – 2019

According to a recent market research report published by Transparency Market Research, the global forage feed market is estimated to expand positively at a CAGR of 11.4% during the period between 2013 and 2019. The report, titled “Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, projects the global forage feed market to be worth US$162.87 bn by the end of the forecast horizon. The overall market stood at a valuation of US$85.06 bn in 2013. In terms of volume, the global forage feed market is anticipated to rise at a CAGR of 9.2% during the period from 2013 to 2019.

Browse the full Forage Feed Market report at :http://www.transparencymarketresearch.com/forage-feed-market.html

The report states that the ever-increasing demand for livestock products such as meat, milk, and other animal products is fuelling demand from the global forage feed market. However, the high cost of forage feed is influencing consumers to look for cheaper substitutes. For example in the U.S., consumption of distillers grains as a cheaper substitute to forage feed was significantly high in 2013. Lack of funding for forage research has also restricted the growth of the overall market. The global forage feed market has a huge opportunity to grow with product innovations.

On the basis of product type, the report segments the global forage feed market into fresh forage, stored forage, and others. In 2013, stored forage dominated the overall market and accounted for 41.51% market share. During the forecast horizon, the demand for stored forage is expected to decline marginally owing to the rising awareness about animal health.

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In terms of livestock type, the report categorizes the global forage feed market into cattle, poultry, aquaculture, pork, swine, and others. In 2013, poultry was the leading livestock segment in the market and accounted for 33.1% of the market. The pork/swine market generated around 29% of total market revenue in the same year and emerged as the second largest livestock market. During the period between 2013 and 2019, the cattle market is anticipated to register robust growth due to the growing awareness about the utility of numerous cattle products.

The report studies the global forage feed market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. In terms of production volume, Asia Pacific accounted for over 30% market share in 2013 and dominated the overall market. During the forecast period, the region is likely to maintain its leading position. Europe was the second largest market for forage feed in 2013.

Describing competitive landscape, the report profiles some of the key players in the global forage feed market such as Semican Inc., Triple Crown Nutrition Inc., ADM Alliance Nutrition Inc., Cargill Inc., Baileys Horse Feeds, Standlee Hay Co. Inc., The Pure Feed Co. Ltd., J. Grennan and Sons, BASF SE, NWF Agriculture Ltd., Chaffhaye Inc., and Brett Young Seeds.

Global Forage Feed Market has been segmented as:

Global Forage Feed Market, by product type

• Stored forage
• Fresh forage
• Others

Global Forage Feed Market, by livestock-type

• Poultry
• Cattle
• Pork/ Swine
• Aquaculture

Others

Global Forage Feed Market, by geography:

• North America
• Europe
• Asia Pacific
• Rest of the World

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/forage-feed-industry-htm

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Sudip S

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Global Forage Feed Market to Reach US$162.8 bn by 2019 owing to Rising Livestock Product Consumption

Transparency Market Research has published a new report on the global forage feed market. According to the report, the global forage feed market was valued at US$85 bn in 2013 and is predicted to reach US$162.8 bn by 2019. The report, titled ‘Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’, states that the global forage feed market is predicted to expand at an 11.40% CAGR during the period from 2013 to 2019. In terms of volume, the global forage feed market is predicted to rise at a 9.20% CAGR during the forecast period.

Browse the full Forage Feed Market report at : http://www.transparencymarketresearch.com/forage-feed-market.html

As per the Food and Agriculture Organization of the United Nations, 26% of the global land area and 70% of the agricultural area is covered by grasslands, which fulfill the livelihoods of millions of people. Grasslands are the major source of goods such as forage and various kinds of food. The global forage feed market has expanded rapidly in the recent past due to factors such as an increase in global meat consumption, rising awareness about the benefits of forage feed, and a rise in production of farm animals.

Forage feed is the part of a plant that features the leaves and stem. Grazing animals generally feed on the forage feed to obtain nutrients. Leguminous plants and grass fall under this type of forage crops. Apart from feeding animals such as goats, sheep cattle, and buffalos, forage feed plants are also used to conserve land and prevent soil erosion. Rising livestock product consumption is one of the major factors expected to drive the global forage feed market during the forecast period. The global forage feed market is segmented on the basis of geography, product type, and livestock type. By product type, the global forage feed market is classified into fresh forage, stored forage, and others. In 2013, in terms of revenue, the storage forage feed segment dominated the global forage feed market, accounting for 41.5% of the market.

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Based on livestock type, the global forage feed market is classified into poultry, cattle, pork/swine, aquaculture, and others. In 2013, in terms of revenue, the global forage feed market was dominated by the poultry livestock segment, which accounted for 33.1% of the market. In terms of revenue, the pork/swine livestock segment accounted for 29.1% of the market in 2013. By geography, the global forage feed market is divided into Europe, Asia Pacific, North America, and Rest of the World. In terms of revenue, the Asia Pacific market for forage feed led the global forage feed market in 2013, capturing 34.2% of the market. Europe, accounting for 28.1% of the market, was the second fastest growing region in 2013 and is expected to maintain its position by 2019. Asia Pacific is predicted to present many development opportunities for the forage feed market in the coming few years.

Leading players in the global forage feed market are expected to face competition from emerging companies in the near future. Some of the prominent companies operating in the global forage feed market are Standlee Hay Company, Inc., Baileys Horse Feeds, The Pure Feed Company Limited, J. Grennan and Sons, Triple Crown Nutrition, Inc., Cargill, Inc., and Semican Inc.

Key segments of Global Forage Feed Market

The global forage feed market according to product is segmented into:

• Stored forage
• Fresh forage
• Others

According to livestock-type, the report segments the market into:

• Poultry
• Cattle
• Pork/Swine
• Aquaculture
• Others

Major geographies analyzed under this research report are:

• Europe
• North America
• Asia-Pacific
• Rest of the World

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/forage-feed-market.htm

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Atil Chaudhari

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Forage Feed Market Revenue to Rise at 11.4% CAGR between 2013 and 2019 on Account of Rising Livestock Product Consumption

According to the Food and Agriculture Organization of the United Nations, around 26% of the world’s land area and about 70% of the agricultural area is covered by grasslands, which contribute to the livelihoods of millions. Grasslands are a source of goods such as food and forage. The global forage feed market has been experiencing significant expansion over the years. This can be attributed to the surge in global meat consumption, growth in farm animal production, and increasing awareness about the health benefits of forage feed in animals.

The research report maps all the important aspects of the forage feed market. It covers prominent market trends, market projections, retail distribution, forage feed companies data in terms of volume and value. Furthermore, the report presents a snapshot of the most significant product innovations in the forage feed market that will influence the market during the forecast period of 2013 to 2019.

Browse full Forage Feed Market report at:http://www.transparencymarketresearch.com/forage-feed-market.html

Overview of the global forage feed market

Forage feed is that part of a plant that features the stem and leaves. Grazing animals typically feed on this part to obtain nutrients. Grass and leguminous plant varieties fall under the category of forage crops. Besides feeding foraging animals such as sheep cattle, goats, and buffalos, these are also used to conserve land and to prevent soil erosion. The report states that the global forage feed market is anticipated to grow at an 11.4% CAGR in terms of revenue and at a 9.2% CAGR in terms of volume during the forecast period.

By product-type, the global forage feed market is classified into storage forage, fresh forage, and others. The main types of livestock covered in the forage feed market are poultry, cattle, port or swine, aquaculture, and others.

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Storage forage feed dominated the global market of forage feed and contributed to 41.5% market share in 2013. The poultry livestock sector is the second-leading livestock segment in terms of revenue and accounted for a market share of 33.1% in 2013. The poultry segment was followed by pork/swine sector, which generated 29.1% market revenue in 2013.

Geographically, Asia Pacific is the leading regional forage feed market with a 34.2% share of the total revenue in 2013. China, Japan, and India are pushing forward the Asia-Pacific market and the region will experience an 11.8% CAGR during the forecast period. The next important regional market in 2013 was Europe with a 28.1% market share. Though several sectors in the global forage feed market promise good growth in the coming few years, the market will be suppressed by inadequate funding for research compounded by a greater demand for substitutes.

Companies mentioned in the research report

The global forage feed market is dominated a few key players. These include: Standlee Hay Company, Inc., Triple Crown Nutrition, Inc., Baileys Horse Feeds, Cargill, Incorporated, The Pure Feed Company Limited, Semican Inc., and J. Grennan and Sons.

The global forage feed market according to product is segmented into:

• Stored forage
• Fresh forage
• Others

According to livestock-type, the report segments the market into:

• Poultry
• Cattle
• Pork/Swine
• Aquaculture
• Others

Major geographies analyzed under this research report are:

• Europe
• North America
• Asia-Pacific
• Rest of the World

This report gives you access to decisive data such as:

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years

Key highlights of this report

• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Offers a clear understanding of the competitive landscape and key product segments

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/forage-feed-market.htm

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