Asia-Pacific Forage Seed Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 698 Million |
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Market Size (2030) | USD 821.5 Million |
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Largest Share by Breeding Technology | Hybrids |
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CAGR (2024 - 2030) | 2.75 % |
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Largest Share by Country | Japan |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Forage Seed Market Analysis
The Asia-Pacific Forage Seed Market size is estimated at 698 million USD in 2024, and is expected to reach 821.5 million USD by 2030, growing at a CAGR of 2.75% during the forecast period (2024-2030).
698 Million
Market Size in 2024 (USD)
821.5 Million
Market Size in 2030 (USD)
3.48 %
CAGR (2017-2023)
2.75 %
CAGR (2024-2030)
Largest Market by Crop
24.95 %
value share, Alfalfa, 2023
There has been an increase in alfalfa demand from dairy farmers, and the governments of China and Japan are supporting the production of forage crops.
Largest Market by Country
48.62 %
value share, Japan, 2023
Favorable government policies and increasing domestic feed consumption for the growing livestock population have boosted the demand for forage seeds in the country.
Fastest-growing Market by Crop
3.69 %
Projected CAGR, Forage Sorghum, 2024-2030
The segment is the fastest-growing in Asia-Pacific due to an increase in the demand for animal feed, high protein content, and availability of high-quality seeds.
Fastest-growing Market by Country
4.65 %
Projected CAGR, Philippines, 2024-2030
The increase in the cultivation of forage crops with commercial seeds is due to the rising demand for feed by dairy farmers owing to the growing cattle population.
Leading Market Player
22.06 %
market share, Advanta Seeds - UPL, 2022
It has made effective partnerships and product innovations. It signed an agreement with Seed-X, an Israel-based company, to provide higher-quality seeds in the region.
Hybrids dominated the region's forage seed market due to higher yield and palatability to animals
- In Asia-Pacific, hybrid seeds dominate the forage seed market in terms of volume and value compared to open-pollinated varieties and hybrid derivatives. In 2022, hybrid forage seeds held an 80.6% share of the region's forage seed market, which showed a significant growth of 22.3% between 2017 and 2022. It is due to the high yield, early maturity, and higher palatability to livestock.
- In 2022, non-transgenic hybrid seeds dominated the market among the hybrid seed segment, with more than 99% in the region. This is mainly due to the large use of non-transgenic seeds compared to GMO seeds because of the perceived effects of transgenic traits on livestock and animal health and the ban on transgenic crops in major countries, including India.
- In 2022, among the non-transgenic hybrid seeds, alfalfa was the major crop, holding a 19.9% value share in the market, followed by forage corn with 10.1%. This is due to the larger area under alfalfa cultivation and the ban on transgenic alfalfa in some countries such as India, Bangladesh, and Pakistan.
- Open-pollinated varieties and hybrid derivatives accounted for a 19.4% share of the region's forage seed market in 2022. Alfalfa leads the segment, which accounted for a 45.6% share of OPV in the region. Due to the high-volume seed requirements and lack of hybrid innovations, OPVs are more prevalent in forage crops such as alfalfa, forage sorghum, and other forages in the Asia-Pacific region.
- India is the fastest-growing country, with 36.1% of the region's OPV share. The lower share compared to hybrids is mainly due to low productivity.
- Therefore, non-transgenic forage seeds under hybrid seeds dominate the market. With the aforementioned facts, the market is anticipated to grow during the forecast period.
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Japan dominated the forage seed market in the region, with a higher area under cultivation due to increased livestock population in the country
- In 2022, Asia-Pacific accounted for 15.1% of the global forage seed market. The market value increased by 19.4% between 2017 and 2022 due to the increased demand for forage from feed processing industries.
- Japan is the largest consumer of forage seeds and held a market share of 48.8% of the region's forage seed market in 2022, mainly due to increased cultivation and rising demand from the feed industry.
- In India, alfalfa is the major crop consumed, accounting for 25% of the Asia-Pacific forage seed market in 2022. The higher demand was due to the high production area and increased cattle population. For instance, the cattle population increased from 300 million heads in 2017 to more than 305 million heads in 2021, mainly due to the increased demand for dairy and meat products. Therefore, increased demand is estimated to increase the area under cultivation, thus driving the seed market.
- In 2022, apart from Japan, other countries such as India, Australia, and China together held the maximum market share value of 44.6%, mainly due to the higher cattle population in these countries and higher demand for feed.
- In Japan, the Ministry of Agriculture, Forestry and Fisheries (MAFF) set a goal of increasing forage self-sufficiency from 77% to 100% by 2030. To support forage production in the country, MAFF provides support payments to growers who plant forage and feed crops. Therefore, the demand for seeds is projected to rise in the country in the coming years.
- Factors such as government support to increase production, the rising adoption of commercial seeds, and the growing demand for forage seeds are estimated to boost the market in the region during the forecast period.
Asia-Pacific Forage Seed Market Trends
An increase in demand for high-quality fodder from dairy farms and easier maintenance of forage crops is driving the area under cultivation
- The major forage crops grown in the Asia-Pacific region include alfalfa, forage sorghum, forage corn, and other grasses. Forage crops accounted for about 1.7% of the region's total row crop cultivation area in 2022. The total forage area decreased from 2016 to 2019 due to the crop shift to other profitable crops, including soybeans and corn. However, the increasing demand for forage from livestock and the development of the dairy industry caused the increase in area from 2020 to 2022. Therefore, the area increased by about 3.2% between 2020 and 2022.
- Alfalfa is one of the major forage crops cultivated in the region, with an area of 6.5 million hectares in 2022. The area under alfalfa increased by 0.4% between 2017 and 2022. Increase in acreages due to its exceptional capacity to produce abundant amounts of protein and attractive forage under various weather and soil conditions. Additionally, In 2022, the area under forage sorghum cultivation was 2.9 million hectares. India accounted for 93.4% of forage sorghum cultivation in the region, with 2.7 million ha in 2022. High livestock population and rising demand for animal forage are the main factors leading to increased cultivation. For instance, the number of cattle in India increased from 190.4 million stocks in 2017 to 193.4 million in 2021.
- In Asia-Pacific, India has the largest area under forage crops, accounting for 52.9% of the forage crop acreage because of the country's high demand from the livestock industry. Therefore, these factors force farmers to expand the area under forage crops to meet the demand, thereby increasing the sales of forage seeds.
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Increasing demand for fodder in livestock farming is driving the usage of hybrid forage seeds having disease resistant, wider adaptability, and early maturity traits
- Alfalfa and forage corn are the major forage crops because of their benefits to livestock rearing, such as more digestibility and high protein. They also allow farmers to attain greater yields without sacrificing quality. Wider adaptability for alfalfa was the largest adopted trait as there have been weather changes, high demand for early maturity, and low lignin content in a single product to minimize the usage of different inputs.
- The most common and harmful fungal diseases of alfalfa are fusarium and brown spot. They can reduce the productivity of plants by 30% or more. Therefore, the demand for alfalfa varieties with disease-resistant traits increases for alfalfa growers to achieve higher productivity. Additionally, alfalfa with low lignin traits is cultivated in Japan as the low-lignin trait alfalfa is highly digestible, and it offers a 15-20% increase in yield. Therefore, the demand for alfalfa with low lignin traits is expected to increase in the region during the forecast period.
- Forage corn with high yield potential, drought tolerance, disease tolerance, early maturity, and lodging tolerance traits are in high demand. Among these traits, the early maturity trait had the largest share as it has a high demand in the livestock industry. To meet this demand, the growers cultivate the crop in the off-season and reduce the cultivating period to normal cultivation by 1-2 weeks than normal cultivation. For instance, Land O' Lakes provides about 44 products with drought tolerance and early maturity traits.
- To prevent the increasing losses from diseases and increase productivity in a shorter period, the seeds with traits such as disease resistance, early maturity, and drought tolerance are fueling the market's growth.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Hybrid breeding technology dominated the market because it can breed hybrid varieties with higher resistance to pests and diseases
Asia-Pacific Forage Seed Industry Overview
The Asia-Pacific Forage Seed Market is moderately consolidated, with the top five companies occupying 56.95%. The major players in this market are Advanta Seeds - UPL, Bayer AG, Land O’Lakes Inc., PGG Wrightson Seeds (DLF) and Royal Barenbrug Group (sorted alphabetically).
Asia-Pacific Forage Seed Market Leaders
Advanta Seeds - UPL
Bayer AG
Land O’Lakes Inc.
PGG Wrightson Seeds (DLF)
Royal Barenbrug Group
Other important companies include Ampac Seed Company, Cates Grain and Seeds Ltd, Corteva Agriscience, Groupe Limagrain, Kaveri Seeds.
*Disclaimer: Major Players sorted in alphabetical order.
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Asia-Pacific Forage Seed Market News
- July 2022: Corteva Agriscience introduced Bovalta BMR (brown midrib) corn silage product that is designed to meet the highest yield and milk production standards.
- July 2021: Alta Seeds, a subsidiary of Advanta Seeds, introduced new herbicide-tolerant non-GMO forage sorghum seeds, "ADV F848IG," into the market.
- July 2020: Barenbrug Australia Pty Ltd made an agreement with Nuseed Pty Ltd to license Nuseed’s alfalfa germplasm portfolio and carry out R&D, plant breeding, and commercialization services. Nuseed alfalfa sales and distribution were also licensed to Barenbrug, strengthening its market presence in the country.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 90+ free charts, the section covers difficult-to-find data from various regions regarding the area under cultivation for different crops within the scope
Asia-Pacific Forage Seed Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Area Under Cultivation
- 4.1.1 Row Crops
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4.2 Most Popular Traits
- 4.2.1 Alfalfa & Forage Corn
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4.3 Breeding Techniques
- 4.3.1 Row Crops
- 4.4 Regulatory Framework
- 4.5 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Breeding Technology
- 5.1.1 Hybrids
- 5.1.1.1 Non-Transgenic Hybrids
- 5.1.1.2 Transgenic Hybrids
- 5.1.1.2.1 Herbicide Tolerant Hybrids
- 5.1.1.2.2 Other Traits
- 5.1.2 Open Pollinated Varieties & Hybrid Derivatives
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5.2 Crop
- 5.2.1 Alfalfa
- 5.2.2 Forage Corn
- 5.2.3 Forage Sorghum
- 5.2.4 Other Forage Crops
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5.3 Country
- 5.3.1 Australia
- 5.3.2 Bangladesh
- 5.3.3 China
- 5.3.4 India
- 5.3.5 Indonesia
- 5.3.6 Japan
- 5.3.7 Myanmar
- 5.3.8 Pakistan
- 5.3.9 Philippines
- 5.3.10 Thailand
- 5.3.11 Vietnam
- 5.3.12 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Advanta Seeds - UPL
- 6.4.2 Ampac Seed Company
- 6.4.3 Bayer AG
- 6.4.4 Cates Grain and Seeds Ltd
- 6.4.5 Corteva Agriscience
- 6.4.6 Groupe Limagrain
- 6.4.7 Kaveri Seeds
- 6.4.8 Land O’Lakes Inc.
- 6.4.9 PGG Wrightson Seeds (DLF)
- 6.4.10 Royal Barenbrug Group
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR SEEDS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- AREA UNDER CULTIVATION OF ROW CROPS, HECTARE, ASIA-PACIFIC, 2017-2022
- Figure 2:
- VALUE SHARE OF MAJOR ALFALFA TRAITS, %, ASIA-PACIFIC, 2022
- Figure 3:
- VALUE SHARE OF MAJOR FORAGE CORN TRAITS, %, ASIA-PACIFIC, 2022
- Figure 4:
- VALUE SHARE OF ROW CROPS BREEDING TECHNIQUES, %, ASIA-PACIFIC, 2022
- Figure 5:
- VOLUME OF FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 6:
- VALUE OF FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 7:
- VOLUME OF FORAGE CROPS SEED BY BREEDING TECHNOLOGY CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 8:
- VALUE OF FORAGE CROPS SEED BY BREEDING TECHNOLOGY CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 9:
- VOLUME SHARE OF FORAGE CROPS SEED BY BREEDING TECHNOLOGY CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 10:
- VALUE SHARE OF FORAGE CROPS SEED BY BREEDING TECHNOLOGY CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 11:
- VOLUME OF FORAGE CROPS SEED BY HYBRIDS CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 12:
- VALUE OF FORAGE CROPS SEED BY HYBRIDS CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 13:
- VOLUME SHARE OF FORAGE CROPS SEED BY HYBRIDS CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 14:
- VALUE SHARE OF FORAGE CROPS SEED BY HYBRIDS CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 15:
- VOLUME OF NON-TRANSGENIC HYBRIDS FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 16:
- VALUE OF NON-TRANSGENIC HYBRIDS FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 17:
- VALUE SHARE OF NON-TRANSGENIC HYBRIDS FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 18:
- VOLUME OF FORAGE CROPS SEED BY TRANSGENIC HYBRIDS CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 19:
- VALUE OF FORAGE CROPS SEED BY TRANSGENIC HYBRIDS CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 20:
- VOLUME SHARE OF FORAGE CROPS SEED BY TRANSGENIC HYBRIDS CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 21:
- VALUE SHARE OF FORAGE CROPS SEED BY TRANSGENIC HYBRIDS CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 22:
- VOLUME OF HERBICIDE TOLERANT HYBRIDS FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 23:
- VALUE OF HERBICIDE TOLERANT HYBRIDS FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 24:
- VALUE SHARE OF HERBICIDE TOLERANT HYBRIDS FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 25:
- VOLUME OF OTHER TRAITS FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 26:
- VALUE OF OTHER TRAITS FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 27:
- VALUE SHARE OF OTHER TRAITS FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 28:
- VOLUME OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 29:
- VALUE OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 30:
- VALUE SHARE OF OPEN POLLINATED VARIETIES & HYBRID DERIVATIVES FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 31:
- VOLUME OF FORAGE CROPS SEED BY CROP CATEGORIES, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 32:
- VALUE OF FORAGE CROPS SEED BY CROP CATEGORIES, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 33:
- VOLUME SHARE OF FORAGE CROPS SEED BY CROP CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 34:
- VALUE SHARE OF FORAGE CROPS SEED BY CROP CATEGORIES, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 35:
- VOLUME OF ALFALFA SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 36:
- VALUE OF ALFALFA SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 37:
- VALUE SHARE OF ALFALFA SEED BY BREEDING TECHNOLOGY, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 38:
- VOLUME OF FORAGE CORN SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 39:
- VALUE OF FORAGE CORN SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 40:
- VALUE SHARE OF FORAGE CORN SEED BY BREEDING TECHNOLOGY, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 41:
- VOLUME OF FORAGE SORGHUM SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 42:
- VALUE OF FORAGE SORGHUM SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 43:
- VALUE SHARE OF FORAGE SORGHUM SEED BY BREEDING TECHNOLOGY, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 44:
- VOLUME OF OTHER FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 45:
- VALUE OF OTHER FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 46:
- VALUE SHARE OF OTHER FORAGE CROPS SEED BY BREEDING TECHNOLOGY, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 47:
- VOLUME OF FORAGE CROPS SEED BY COUNTRY, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 48:
- VALUE OF FORAGE CROPS SEED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 49:
- VOLUME SHARE OF FORAGE CROPS SEED BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 50:
- VALUE SHARE OF FORAGE CROPS SEED BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 51:
- VOLUME OF AUSTRALIA FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 52:
- VALUE OF AUSTRALIA FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 53:
- VALUE SHARE OF AUSTRALIA FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 54:
- VOLUME OF BANGLADESH FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 55:
- VALUE OF BANGLADESH FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 56:
- VALUE SHARE OF BANGLADESH FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 57:
- VOLUME OF CHINA FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 58:
- VALUE OF CHINA FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 59:
- VALUE SHARE OF CHINA FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 60:
- VOLUME OF INDIA FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 61:
- VALUE OF INDIA FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 62:
- VALUE SHARE OF INDIA FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 63:
- VOLUME OF INDONESIA FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 64:
- VALUE OF INDONESIA FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 65:
- VALUE SHARE OF INDONESIA FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 66:
- VOLUME OF JAPAN FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 67:
- VALUE OF JAPAN FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 68:
- VALUE SHARE OF JAPAN FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 69:
- VOLUME OF MYANMAR FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 70:
- VALUE OF MYANMAR FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 71:
- VALUE SHARE OF MYANMAR FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 72:
- VOLUME OF PAKISTAN FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 73:
- VALUE OF PAKISTAN FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 74:
- VALUE SHARE OF PAKISTAN FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 75:
- VOLUME OF PHILIPPINES FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 76:
- VALUE OF PHILIPPINES FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 77:
- VALUE SHARE OF PHILIPPINES FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 78:
- VOLUME OF THAILAND FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 79:
- VALUE OF THAILAND FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 80:
- VALUE SHARE OF THAILAND FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 81:
- VOLUME OF VIETNAM FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 82:
- VALUE OF VIETNAM FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 83:
- VALUE SHARE OF VIETNAM FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 84:
- VOLUME OF REST OF ASIA-PACIFIC FORAGE CROPS SEED, METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 85:
- VALUE OF REST OF ASIA-PACIFIC FORAGE CROPS SEED, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 86:
- VALUE SHARE OF REST OF ASIA-PACIFIC FORAGE CROPS SEED BY CROP, %, ASIA-PACIFIC, 2023 AND 2030
- Figure 87:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2017-2023
- Figure 88:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2017-2023
- Figure 89:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2023
Asia-Pacific Forage Seed Industry Segmentation
Hybrids, Open Pollinated Varieties & Hybrid Derivatives are covered as segments by Breeding Technology. Alfalfa, Forage Corn, Forage Sorghum are covered as segments by Crop. Australia, Bangladesh, China, India, Indonesia, Japan, Myanmar, Pakistan, Philippines, Thailand, Vietnam are covered as segments by Country.
- In Asia-Pacific, hybrid seeds dominate the forage seed market in terms of volume and value compared to open-pollinated varieties and hybrid derivatives. In 2022, hybrid forage seeds held an 80.6% share of the region's forage seed market, which showed a significant growth of 22.3% between 2017 and 2022. It is due to the high yield, early maturity, and higher palatability to livestock.
- In 2022, non-transgenic hybrid seeds dominated the market among the hybrid seed segment, with more than 99% in the region. This is mainly due to the large use of non-transgenic seeds compared to GMO seeds because of the perceived effects of transgenic traits on livestock and animal health and the ban on transgenic crops in major countries, including India.
- In 2022, among the non-transgenic hybrid seeds, alfalfa was the major crop, holding a 19.9% value share in the market, followed by forage corn with 10.1%. This is due to the larger area under alfalfa cultivation and the ban on transgenic alfalfa in some countries such as India, Bangladesh, and Pakistan.
- Open-pollinated varieties and hybrid derivatives accounted for a 19.4% share of the region's forage seed market in 2022. Alfalfa leads the segment, which accounted for a 45.6% share of OPV in the region. Due to the high-volume seed requirements and lack of hybrid innovations, OPVs are more prevalent in forage crops such as alfalfa, forage sorghum, and other forages in the Asia-Pacific region.
- India is the fastest-growing country, with 36.1% of the region's OPV share. The lower share compared to hybrids is mainly due to low productivity.
- Therefore, non-transgenic forage seeds under hybrid seeds dominate the market. With the aforementioned facts, the market is anticipated to grow during the forecast period.
| Breeding Technology | Hybrids | Non-Transgenic Hybrids | |
| Transgenic Hybrids | Herbicide Tolerant Hybrids | ||
| Other Traits | |||
| Breeding Technology | Open Pollinated Varieties & Hybrid Derivatives | ||
| Crop | Alfalfa | ||
| Forage Corn | |||
| Forage Sorghum | |||
| Other Forage Crops | |||
| Country | Australia | ||
| Bangladesh | |||
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Myanmar | |||
| Pakistan | |||
| Philippines | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific |
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Market Definition
- Commercial Seed - For the purpose of this study, only commercial seeds have been included as part of the scope. Farm-saved Seeds, which are not commercially labeled are excluded from scope, even though a minor percentage of farm-saved seeds are exchanged commercially among farmers. The scope also excludes vegetatively reproduced crops and plant parts, which may be commercially sold in the market.
- Crop Acreage - While calculating the acreage under different crops, the Gross Cropped Area has been considered. Also known as Area Harvested, according to the Food & Agricultural Organization (FAO), this includes the total area cultivated under a particular crop across seasons.
- Seed Replacement Rate - Seed Replacement Rate is the percentage of area sown out of the total area of crop planted in the season by using certified/quality seeds other than the farm-saved seed.
- Protected Cultivation - The report defines protected cultivation as the process of growing crops in a controlled environment. This includes greenhouses, glasshouses, hydroponics, aeroponics, or any other cultivation system that protects the crop against any abiotic stress. However, cultivation in an open field using plastic mulch is excluded from this definition and is included under open field.
| Keyword | Definition |
|---|---|
| Row Crops | These are usually the field crops which include the different crop categories like grains & cereals, oilseeds, fiber crops like cotton, pulses, and forage crops. |
| Solanaceae | These are the family of flowering plants which includes tomato, chili, eggplants, and other crops. |
| Cucurbits | It represents a gourd family consisting of about 965 species in around 95 genera. The major crops considered for this study include Cucumber & Gherkin, Pumpkin and squash, and other crops. |
| Brassicas | It is a genus of plants in the cabbage and mustard family. It includes crops such as carrots, cabbage, cauliflower & broccoli. |
| Roots & Bulbs | The roots and bulbs segment includes onion, garlic, potato, and other crops. |
| Unclassified Vegetables | This segment in the report includes the crops which don’t belong to any of the above-mentioned categories. These include crops such as okra, asparagus, lettuce, peas, spinach, and others. |
| Hybrid Seed | It is the first generation of the seed produced by controlling cross-pollination and by combining two or more varieties, or species. |
| Transgenic Seed | It is a seed that is genetically modified to contain certain desirable input and/or output traits. |
| Non-Transgenic Seed | The seed produced through cross-pollination without any genetic modification. |
| Open-Pollinated Varieties & Hybrid Derivatives | Open-pollinated varieties produce seeds true to type as they cross-pollinate only with other plants of the same variety. |
| Other Solanaceae | The crops considered under other Solanaceae include bell peppers and other different peppers based on the locality of the respective countries. |
| Other Brassicaceae | The crops considered under other brassicas include radishes, turnips, Brussels sprouts, and kale. |
| Other Roots & Bulbs | The crops considered under other roots & bulbs include Sweet Potatoes and cassava. |
| Other Cucurbits | The crops considered under other cucurbits include gourds (bottle gourd, bitter gourd, ridge gourd, Snake gourd, and others). |
| Other Grains & Cereals | The crops considered under other grains & cereals include Barley, Buck Wheat, Canary Seed, Triticale, Oats, Millets, and Rye. |
| Other Fibre Crops | The crops considered under other fibers include Hemp, Jute, Agave fibers, Flax, Kenaf, Ramie, Abaca, Sisal, and Kapok. |
| Other Oilseeds | The crops considered under other oilseeds include Ground nut, Hempseed, Mustard seed, Castor seeds, safflower seeds, Sesame seeds, and Linseeds. |
| Other Forage Crops | The crops considered under other forages include Napier grass, Oat grass, White clover, Ryegrass, and Timothy. Other forage crops were considered based on the locality of the respective countries. |
| Pulses | Pigeon peas, Lentils, Broad and horse beans, Vetches, Chickpeas, Cowpeas, Lupins, and Bambara beans are the crops considered under pulses. |
| Other Unclassified Vegetables | The crops considered under other unclassified vegetables include Artichokes, Cassava Leaves, Leeks, Chicory, and String beans. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases, and Subscription Platforms
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