Leading Companies Reinforcing Their Presence in the Herbage Market

The herbage market is set to experience significant expansion over the coming years, driven by evolving demands in animal nutrition and sustainable farming practices. With increasing attention on optimizing livestock feed and enhancing feed quality, the sector is positioned for steady growth and innovation. Here, we examine the market's projected size, key players, and the main segments influencing its development.

Projected Growth and Value of the Herbage Market by 2030
The herbage market is anticipated to grow substantially, reaching a value of $15.08 billion by 2030. This represents a compound annual growth rate (CAGR) of 8.4% during the forecast period. Factors contributing to this rise include a growing emphasis on precise animal nutrition, heightened demand for high-yield livestock feed, expanding sustainable grazing methods, and greater use of fortified feed formulations. Additionally, the integration of feed quality monitoring systems is helping to improve overall productivity. Emerging trends such as increased use of nutrient-enriched animal feed blends, a demand spike for high-protein forage inputs, the popularity of functional feed additives, expanded utilization of agro-industrial by-products, and a focus on efficient livestock nutrition are expected to shape the market's trajectory.

Download a free sample of the herbage market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10475&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Key Players Leading the Herbage Market
Several prominent companies dominate the herbage market landscape, including Barenbrug Group, DLF Seeds A/S, S&W Seed Company, Advanta Seeds, RAGT Semences, PGG Wrightson Seeds, Germinal Group, KWS SAAT SE & Co. KGaA, Corteva Agriscience, Syngenta AG, Limagrain Group, Royal Barenbrug Group, Ampac Seed Company, Mountain View Seeds, Seed Force New Zealand, Heritage Seeds, Seedmark, Jacklin Seed Company, Sharp Bros Seed, and Agricom.
A notable development occurred in March 2023 when Barenbrug UK, a grass-seed breeder based in the UK, acquired Watson Seeds, a Scotland-based specialist in herbage seed production. While the amount of the deal was undisclosed, this acquisition is aimed at expanding Barenbrug's geographical reach across the United Kingdom and strengthening its presence particularly in Scotland.

Primary Segments Driving Herbage Market Expansion
This analysis categorizes the herbage market into several important segments based on type, form, application, production system, and end users.
1) Herbage Type includes Grasses, Legumes, Mixed Herbage, and Other Herbage Types.
2) Form is divided into Fresh Grazing Herbage, Hay, Silage, and Dried Herbage.
3) Applications cover Beef Cattle, Dairy Cattle, Sheep, Goats, and Other Ruminants.
4) Production Systems consist of Organic and Conventional.
5) End Users range from Livestock Farms and Dairy Farms to Pasture-Based Animal Operations and other consumers.

View the full herbage market report:
https://www.thebusinessresearchcompany.com/report/herbage-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Further subcategories provide detailed insights such as:
- Grasses like Ryegrass, Bermuda Grass, Fescue, Timothy Grass, Orchard Grass, and Brome Grass.
- Legumes featuring Alfalfa, Clover, Vetch, Lucerne, and Trefoil.
- Mixed Herbage options including Grass-Legume Mixtures, Permanent Pasture Mixes, Seasonal Forage Mixes, and Multi-Species Pasture Blends.
- Other Herbage Types comprise Forage Herbs such as Chicory and Plantain, Native Pasture Species, Natural Meadow Herbage, and Regrowth and Volunteer Herbage.

Together, these segments provide a comprehensive framework for understanding market dynamics and key opportunities across various product forms and applications.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.