세계의 목초 종자 시장 예측 : 동물 유형별, 목초 유형별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Pasture Seeds Market is accounted for $16.01 billion in 2024 and is expected to reach $27.29 billion by 2030 growing at a CAGR of 9.3% during the forecast period. Pasture seeds are specially selected seeds used to establish and maintain pasture lands for grazing livestock. These seeds typically comprise a mix of grasses, legumes, and other forage plants that are well-suited to local climate and soil conditions. The primary goal of planting pasture seeds is to provide high-quality, nutritious forage for animals such as cattle, sheep, and goats. Different seed varieties can enhance soil health, improve biodiversity, and increase forage yield.

According to the Natural Resources Conservation Service, U.S. Department of Agriculture, the land dedicated to pasture and grazing on farms has reached more than 878 million acres in 2023. According to the European Seed Certification Agencies Association, the area dedicated to small-seed and large-seed legume farming in 2023 increased by 3% and 12% respectively, reaching 147,990 and 35,538 hectares across Europe.

Market Dynamics:

Driver:

Rising demand for sustainable agriculture

The rising demand for sustainable agriculture is significantly enhancing the pasture seeds market, as farmers and agricultural businesses increasingly seek environmentally friendly solutions to improve productivity while minimizing ecological impact. Sustainable agriculture emphasizes practices that maintain soil health, conserve water, and support biodiversity. This shift has led to a greater interest in pasture seeds that are drought-resistant, require fewer chemical inputs, and promote natural soil fertility. Innovative breeding techniques are being employed to develop high-quality forage varieties that improve livestock nutrition and reduce methane emissions.

Restraint:

Fluctuations in agricultural commodity prices

Fluctuations in agricultural commodity prices significantly impact the pasture seed market, creating uncertainty for farmers and suppliers alike. When commodity prices are volatile, it can lead to unpredictable costs for inputs like fertilizers and seeds, making it challenging for farmers to plan their budgets. For instance, if the price of key crops rises or falls sharply, farmers may shift their focus to more profitable crops, reducing demand for pasture seeds. Suppliers face difficulties in maintaining consistent pricing and inventory levels, which can further disrupt market stability.

Opportunity:

Growing trend toward organic farming

The growing trend toward organic farming is significantly enhancing the demand for high-quality pasture seeds, as farmers increasingly seek sustainable practices that promote soil health and biodiversity. Organic farming prioritizes the use of natural inputs, which not only reduce chemical residues in the soil but also foster healthier ecosystems. This shift has led to a greater emphasis on cultivating diverse pasture species that improve nutrient cycling and support livestock well-being. Furthermore, as organic standards evolve, pasture seed varieties that are resilient, drought-tolerant, and compatible with organic systems are gaining prominence.

Threat:

Regulatory challenges

Regulatory challenges significantly hinder the pasture seeds industry by creating barriers that complicate the development, approval, and distribution of new seed varieties. Stringent regulations surrounding genetic modification, pest resistance, and environmental impact assessments often delay the introduction of innovative seed technologies that could enhance pasture productivity and sustainability. These regulations can vary widely between regions, adding to the complexity for companies seeking to navigate multiple legal frameworks. The lengthy approval processes can limit the availability of improved seed options for farmers, affecting their ability to adapt to changing climatic conditions and market demands.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the pasture seeds industry, disrupting supply chains and altering demand dynamics. Lockdowns and restrictions led to factory closures and reduced workforce availability, resulting in delays in seed production and distribution. Farmers faced challenges in accessing quality seeds, which hampered their planting schedules and ultimately affected crop yields. The pandemic prompted shifts in consumer behavior, with increased interest in local food production driving demand for pasture seeds, particularly in urban and peri-urban areas.

The Goat segment is expected to be the largest during the forecast period

Goat segment is expected to be the largest during the forecast period by integrating specialized breeding and genetic improvement techniques to optimize forage quality and resilience. This initiative focuses on developing seed varieties that thrive in diverse environments, providing nutritious grazing options for goats and other livestock. By selecting traits such as drought resistance, pest tolerance, and higher nutritional value, the Goat Segment aims to boost pasture productivity and sustainability. Enhanced Pasture Seeds contribute to improved animal health and productivity, leading to better meat and milk quality.

The Bermuda Grass segment is expected to have the highest CAGR during the forecast period

Bermuda Grass segment is expected to have the highest CAGR during the forecast period. Bermuda grass, known for its resilience and ability to thrive in warm climates, adds value to pasture systems by improving forage quality and extending the grazing season. Its deep root system helps prevent soil erosion, while its drought-resistant properties ensure sustainability even in challenging weather conditions. By incorporating Bermuda grass into pasture seed mixtures, farmers can achieve a more robust and nutritious feed for livestock, enhancing overall productivity. Additionally, the grass's adaptability allows it to coexist with other forage species, promoting biodiversity within pastures.

Region with largest share:

North America region is anticipated to command the largest share of the market over the extrapolated period due to the increasing consumer preference for sustainable and locally sourced meat and dairy products. As livestock producers seek to improve forage quality and enhance livestock nutrition, the focus on robust pasture management practices has intensified. This trend has spurred investments in research and development of advanced seed varieties that are resilient to climatic variations and optimize land use efficiency. Furthermore, the integration of precision agriculture technologies is facilitating better pasture monitoring and management, allowing farmers to maximize yields.

Region with highest CAGR:

Europe region is estimated to witness profitable growth during the projected period of time. Various policies, such as subsidies for seed production, research grants, and environmental initiatives, aim to improve pasture quality and increase yield efficiency. By investing in innovative seed technologies and promoting biodiversity, governments encourage farmers to adopt resilient and adaptable pasture varieties. This support not only helps mitigate the impacts of climate change but also enhances soil health and promotes animal welfare.

Key players in the market

Some of the key players in Pasture Seeds market include Barenbrug Group, BASF SE, DuPont de Nemours, Inc, Hancock Seed Company, Monsanto Company, Nufarm Limited, Sakata Seed Corporation, Seedway, LLC and Syngenta AG.

Key Developments:

In 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.

In September 2023, DLF S/A, a global crop and forage crop manufacturer, acquired the Corteva Agriscience alfalfa breeding program from another global crop seeds and chemicals company, Corteva, Inc. The DLF S/A acquired the company to expand its geographical presence and its clientele base.

Animal Types Covered:

• Horse
• Cow
• Goat
• Sheep
• Other Animal Types

Grass Types Covered:

• Timothy Grass
• Mombasa Grass
• Bermuda Grass
• Brome Grass
• Rhodes Grass
• Other Grass Types

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Emerging Markets
• 3.7 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Pasture Seeds Market, By Animal Type

• 5.1 Introduction
• 5.2 Horse
• 5.3 Cow
• 5.4 Goat
• 5.5 Sheep
• 5.6 Other Animal Types

6 Global Pasture Seeds Market, By Grass Type

• 6.1 Introduction
• 6.2 Timothy Grass
• 6.3 Mombasa Grass
• 6.4 Bermuda Grass
• 6.5 Brome Grass
• 6.6 Rhodes Grass
• 6.7 Other Grass Types

7 Global Pasture Seeds Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 Barenbrug Group
• 9.2 BASF SE
• 9.3 DuPont de Nemours, Inc
• 9.4 Hancock Seed Company
• 9.5 Monsanto Company
• 9.6 Nufarm Limited
• 9.7 Sakata Seed Corporation
• 9.8 Seedway, LLC
• 9.9 Syngenta AG