United Kingdom Forage Seeds Market
United Kingdom Forage Seeds Market Size Booming to Cross USD 1.14 Billion by 2029
Published | 17 May 2023
The United Kingdom forage seeds market is gaining traction because of the shift towards sustainable agriculture practices, the use of forage crops to improve soil quality, and the government’s initiatives to support the farming industry and encourage the production of high-quality forage crops.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United Kingdom forage seeds market size at USD 643.96 million in 2022. During the forecast period between 2023 and 2029, the United Kingdom forage seeds market size is projected to grow at an impressive CAGR of 7.48% reaching a value of USD 1,143.7 Million by 2029. The growing demand for organic, highly nutritious animal feeds is one of the main drivers for the growth of the United Kingdom forage seeds industry. The market for forage seeds offers profitable potential for expansion as a result of the country's expanding consumption of meat and poultry products.
United Kingdom Forage Seeds Market – Overview
Forage is a type of plant that dairy producers mostly utilize to feed their cattle. Forage plants come in many different varieties, including chicory, ryegrass, alfalfa, timothy, clover, and bent grass. Forage seed is converted into silage after being preserved and stored. To ensure that their seeds fulfill the requirements for weed content and seed germination, growers of forage and grass seeds must employ particular approaches. The most popular and highest yielding perennial forage crop farmed is alfalfa, a forage legume. It may be cultivated alone or in conjunction with different grass types and yields more protein per unit of area than other forage legumes.
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United Kingdom Forage Seeds Market – By Origin
Based on origin, the United Kingdom forage seeds market is segmented into organic and inorganic. The organic forage seeds segment accounts for a higher share in the United Kingdom forage seeds market by origin. As the number of organic livestock farms increases, so does the need for forage seed grown using organic methods. In organic systems, nitrogen may be added through the use of animal manure or by fixing atmospheric nitrogen with the help of forage legumes. It can be done by either depending on the remaining nitrogen in the soil or by employing forage legumes as companion crops.
Impact of COVID-19 on the United Kingdom Forage Seeds Market
The COVID-19 pandemic had a significant negative influence on the development of the United Kingdom forage seed market. Lockdowns during pandemics disrupted the supply chain, which had an adverse effect on shipments and the development of the forage seed market. Food production, consumption, and access to food derived from animals were significantly impacted by egg smashing, milk dumping, and other animal product interruptions, which are known to harm animal welfare which is noted to harm animal welfare.
Competitive Landscape
Major players operating in the United Kingdom forage seeds market include DLF Seeds Ltd, Germinal Holdings Ltd, Barenbrug UK, Agrii, Limagrain UK, Breedon Group plc, Bunn Fertiliser Ltd, A.W. Jenkinson Farming Ltd, Frontier Agriculture Ltd, Cotswold Seeds Ltd, and PGG Wrightson Seeds Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the United Kingdom Forage Seeds Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the United Kingdom Forage Seeds Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Related Report
Publish Date: May 2023
An increasing demand for animal feed in the United Kingdom due to the population growth, and shift towards sustainable agriculture practices are expected to boost the growth of the United Kingdom Forage Seeds market during the forecast period between 2023 and 2029.
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