Increasing demand for cattle base food products by peoples and demand for high-quality cattle feed by farmers are expected to drive the demand for the forage seeds market in the forecast period, 2023-2027. According to TechSci Research report, “United Kingdom Forage Seeds Market - By Region, Competition Forecast and Opportunities, 2017-2027”, The United Kingdom forage seeds market is projected to grow at a significant rate in the projected period, 2023-2027.
The Important Factors of the United Kingdom Forage Seeds Market
The demand for the forage seed market is anticipated to grow due to increasing demand for livestock-based products, increasing livestock farming activities, Shortage of farming land, Technological advancement, and the development of new infrastructure projects. The need for meat and dairy products is rising as the population grows and food scarcity arises worldwide. Thus, to fulfill the demands of increasing inhabitants, Cattle farming activities rise rapidly.
Government and NGO measures to motivate existing or younger generations like Basic Payment Scheme, New support scheme, and lumpsum exit plan are some initiatives taken by the UK government to make the farming profession profitable and secure.
Technological advancement indirectly propels the farmer towards a modern and effective farming technique. As Cattle farming activities grow, demand for forage seed will increase to grow more healthy and nutritious crops in the same landmass. Hence, during the projected period, demand for forage seed is going to increase as the usage of soil treatment is going to grow to retain the properties of soils. Thus, the abovementioned factors will drive the growth and directly impact the United Kingdom forage seeds market growth.
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The United Kingdom forage seeds market is segmented based on type, livestock, species, origin, and form.
Based on the forage seed type, the market is divided into alfalfa, clover, ryegrass, chicory, and others. The alfalfa segment is expected to hold the largest market share in 2022. Alfalfa hay contains more protein than other grasses and helps cattle better digestion. On the farming side, this forage seed has high-weather tolerance, requires less fertilizer, has a short rotational response, and has high growth yield potential. These are why farmers prefer to use alfalfa and accredit the segment's dominant segment through the estimated period.
Based on the livestock type, the market is divided into poultry, cattle, swine, and others. As per estimates, the cattle segment is going to experience the highest market share during the forecast period. As per UK Department for Environment, Food & Rural Affairs, Cattle hold the largest share of food consumption per daily consumption (population * average daily consumption), which is 130 million kg/day. Thus, it is forecasted to hold the highest market share through 2027.
Based on the form type, the market is split into dry and green. The Green segment is expected to account for a significant market share over the next projected years. Green-type seed crops contain more nutrients than dry, and cattle need more nutrients for proper growth. Thus, demand for green-type seeds is high and the segment is forecast to witness high growth in 2027.
Major operating companies operating in the United Kingdom forage seeds market are:
- Mosanto UK Limited
- UPL Europe Limited
- Oliver Bros. (Seeds) Limited
- Barenbrug Group
- Farm Seeds Limited
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" The Southeast region is expected to dominate the United Kingdom market in the upcoming years due to its huge areas and farmhouses. Growing demand for livestock-based products by people and government initiatives to encourage agricultural activities will drive a notable market segment in the United Kingdom. According to the USDA (United State Department of Agriculture), the UK's export of packed food, animal fat, and dairy-based products increased to 16%, 51%, and 186% consecutively in 2019-20. These export trends show the growth in cattle and yard farming in the upcoming year and are expected to increase the market share of forage seed in the United Kingdom.
The demand for alfalfa seeds type is expected to increase in the project year in the United Kingdom. Animal health issues due to lack of nutrients and not getting the required quantity of food led the farmers to shift to forage seeds and increase depending on the advanced technique or product influenced farmers to use forage seeds. All the factors mentioned above impact market growth and create a favorable condition to propel the United Kingdom forage seed market growth until 2027.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“United Kingdom Forage Seeds Market By Type (Alfalfa, Clover, Ryegrass, Chicory, and Others), By Livestock (Poultry, Cattle, Swine, and Others), By Species (Legumes, Grasses, Others), By Origin (Organic v/s Inorganic), By Form (Green v/s Dry) By Region, Competition Forecast and Opportunities, 2027, has evaluated the future growth potential of United Kingdom forage seeds market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United Kingdom forage seeds market.
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United Kingdom Forage Seeds Market 2017-2027: Expected Growth, Industry Size and Share
Increasing demand for cattle base food products by peoples and demand for high-quality cattle feed by farmers are expected to drive the demand for the forage seeds market in the forecast period, 2023-2027. According to TechSci Research report, “United...
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