Forage Analysis Market by | Target|Livestock |Forage|Method|Demand- Forecast to 2023

Forage analysis is used to identify forage quality, composition, ingredients, and suitability as per the livestock. The rise in awareness regarding meat safety and the increase in demand for better-quality forage have been driving the demand for forage analysis. Additionally, the government feed safety mandates are stimulating the growth of this market.

The global forage analysis market is estimated at USD 515.5 million in 2018 and is projected to reach USD 661.1 million by 2023, at a CAGR of 5.1% during the forecast period. Some of the major factors driving the market are rise in demand for high-quality forage and mandatory analysis of feed quality & safety. The major restraining factors for the forage analysis market include lack of awareness among farmers and forage manufacturers.

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The stakeholders for the forage analysis market are:

• Forage manufacturers, processors, and suppliers
• Agriculture and farming industry
• Raw material suppliers
• Animal husbandry, health, and nutrition organization
• Forage testing, feed testing, inspection, and certification laboratories
• Feed safety agencies
• Government and research organizations
• Associations and industry bodies:
o The Food and Drug Administration (FDA)
o The European Food Safety Agency (EFSA)

The key players in the forage analysis market include the following:

• SGS (Switzerland)
• Eurofins Scientific (Luxembourg)
• Intertek (UK)
• Cargill (US)
• CVAS (US)
• RJ Hill Laboratories (New Zealand)
• Dodson & Horrell (UK)
• Cawood Scientific (UK)
• Servi-Tech (US)
• DairyLand Laboratories (US)
• Dairy One (US)
• Minnesota Valley Testing Laboratories (US)
• Massey Feeds (UK)

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Scope of the Report

Based on Target, the forage analysis market has been segmented into the following:
• Nutrients
o Vitamins
o Minerals
o Fibers
o Crude Protein
o Total digestible nutrients
• Mycotoxins
• Dry Matter
• Others (pathogens and pesticides)

Based on Forage type, the forage analysis market has been segmented into the following:
• Hay
• Silage
• Ration
o Legume
o Grass
o Others (mixed legume-grass, legume mix, and grass mix)

Based on Livestock, the forage analysis market has been segmented into the following:
• Cattle
• Equine
• Sheep

Based on Method, the forage analysis market has been segmented into the following:
• Physical method
• Chemical method
• Wet chemistry
• NIRs

Manufacturers and farmers are increasingly conducting forage analysis to provide the required level of nutrients to livestock. Nutrients such as minerals, crude proteins, and fibers are essential, as they play an important role in optimizing the growth and performance of animals. This leads to an increase in the usage of forage analysis among farmers.

The North American market is projected to account for the largest share during the forecast period. This is attributed to factors such as increased awareness regarding forage analysis due to the outbreak of several diseases that affect the health of animals and humans. The major factors driving the demand of forage analysis in North America is the presence of many forage analysis laboratories in the region.

Break-up of Primaries:
 By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
 By Designation: C-level: 25%, Director-level: 30%, and Others*: 45%
 By Region: North America: 22%, Europe: 27%, Asia Pacific: 33%, and RoW**: 18%

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• To get an overview of the global forage analysis market.
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