Market Size of russia forage seed Industry
|
Study Period | 2017 - 2030 |
|
Market Size (2024) | USD 42.49 Million |
|
|
Market Size (2030) | USD 52.53 Million |
|
Largest Share by Breeding Technology | Hybrids |
|
|
CAGR (2024 - 2030) | 3.60 % |
|
|
Fastest Growing by Breeding Technology | Hybrids |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Russia Forage Seed Market Analysis
The Russia Forage Seed Market size is estimated at 42.49 million USD in 2024, and is expected to reach 52.53 million USD by 2030, growing at a CAGR of 3.60% during the forecast period (2024-2030).
42.49 Million
Market Size in 2024 (USD)
52.53 Million
Market Size in 2030 (USD)
3.23 %
CAGR (2017-2023)
3.60 %
CAGR (2024-2030)
Largest Market by Crop
71.55 %
value share, Alfalfa, 2023
Alfalfa is one of the major forages that are in high demand in the region by dairy farmers for animal feed due to its high nutritional value, short duration, and high palatability.
Largest Market by Breeding Technology
54.81 %
value share, Hybrids, 2023
The large share of hybrids is associated with the increasing area under hybrids, high palatability, comparatively higher seed replacement rate, and disease resistance.
Fastest-growing Market by Crop
8.90 %
Projected CAGR, Forage Sorghum, 2024-2030
The increasing demand for forage sorghum is due to the development of dual-purpose varieties, preference for sorghum silage, and availability of highly nutritious varieties.
Fastest-growing Market by Breeding Technology
3.77 %
Projected CAGR, Hybrids, 2024-2030
Increasing demand for hybrids is due to multi-cut trait, high vigor, resistance to biotic and abiotic stresses, high yielding, and quality silage.
Leading Market Player
4.94 %
market share, KWS SAAT SE & Co. KGaA, 2022
The company has invested heavily in partnerships and acquisitions. It partnered with the agri-food tech incubator RootCamp to develop new seeds involving new biotechnologies.
Favorable government initiatives for improving feed quality and higher usage of improved seed varieties are expected to drive the demand for hybrid seeds in the country's forage seed market
- The forage seed market in Russia has been witnessing growth due to an increase in the number of seed varieties having traits such as disease resistance, wider adaptability, and others.
- Hybrids have a higher share than OPVs. They have a share of 54.6% of the market in 2022. Moreover, hybrid seed sales for forage crops are estimated to increase during the forecast period as they provide higher resistance to diseases and higher yields than OPVs.
- The share of open-pollinated seed varieties decreased from 47.2% in 2017 to 45.1% in 2022. The decrease in the share of OPVs was primarily due to the commercialization of hybrid seeds in the country and the higher export demand for forages from other countries, which increased the adoption of hybrids for cultivating forage crops as they have traits such as wider adaptability and low lignin content.
- In 2022, non-transgenic hybrids accounted for 54.6% of the Russian forage seed market. The value of non-transgenic seeds increased by 21.9% during 2017-2022 due to the increasing area under forage and rising demand for feed from the livestock industry. Additionally, favorable government initiatives to increase the production of high-quality feed are expected to fuel the growth of the non-transgenic hybrid seed market. In 2019, the Russian Research Institute of Feed launched a project to increase the volume and quality of feed by expanding feed production to the vast territory of Russia. Therefore, such government policies will increase the sales of forage seeds during the forecast period.
- However, commercial cultivation is done by hybrid varieties that require less input and more productivity through improved varieties. This drives the growth of forage seeds in Russia at a CAGR of 3.6% during the forecast period.
Russia 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.
- The forage seed market in Russia has been witnessing growth due to an increase in the number of seed varieties having traits such as disease resistance, wider adaptability, and others.
- Hybrids have a higher share than OPVs. They have a share of 54.6% of the market in 2022. Moreover, hybrid seed sales for forage crops are estimated to increase during the forecast period as they provide higher resistance to diseases and higher yields than OPVs.
- The share of open-pollinated seed varieties decreased from 47.2% in 2017 to 45.1% in 2022. The decrease in the share of OPVs was primarily due to the commercialization of hybrid seeds in the country and the higher export demand for forages from other countries, which increased the adoption of hybrids for cultivating forage crops as they have traits such as wider adaptability and low lignin content.
- In 2022, non-transgenic hybrids accounted for 54.6% of the Russian forage seed market. The value of non-transgenic seeds increased by 21.9% during 2017-2022 due to the increasing area under forage and rising demand for feed from the livestock industry. Additionally, favorable government initiatives to increase the production of high-quality feed are expected to fuel the growth of the non-transgenic hybrid seed market. In 2019, the Russian Research Institute of Feed launched a project to increase the volume and quality of feed by expanding feed production to the vast territory of Russia. Therefore, such government policies will increase the sales of forage seeds during the forecast period.
- However, commercial cultivation is done by hybrid varieties that require less input and more productivity through improved varieties. This drives the growth of forage seeds in Russia at a CAGR of 3.6% during the forecast period.
| Breeding Technology | |||
| |||
| Open Pollinated Varieties & Hybrid Derivatives |
| Crop | |
| Alfalfa | |
| Forage Corn | |
| Forage Sorghum | |
| Other Forage Crops |
Russia Forage Seed Market Size Summary
The Russia forage seed market is experiencing growth driven by the increasing adoption of seed varieties with traits such as disease resistance and wider adaptability. The market is characterized by a shift from open-pollinated varieties (OPVs) to hybrids, which offer higher resistance to diseases and better yields. This transition is supported by the rising demand for forage crops, particularly from the livestock industry and commercial dairy farms. Government initiatives aimed at enhancing the production of high-quality feed further bolster the market's expansion. The cultivation of alfalfa and forage corn, which are resilient to cold conditions and provide high-protein feed, plays a significant role in meeting the fodder demand. These crops are preferred due to their ability to thrive under various weather and soil conditions, making them essential for sustainable livestock development in Russia.
The market is fragmented, with major players like DLF, Euralis Semences, Groupe Limagrain, KWS SAAT SE & Co. KGaA, and Royal Barenbrug Group leading the industry. These companies are actively developing and providing seed varieties that cater to the specific needs of Russian farmers, such as disease-resistant and drought-tolerant traits. The introduction of new seed technologies and the establishment of research facilities for seed enhancement are part of the strategic efforts by these companies to maintain their competitive edge. As the demand for high-yield and high-starch content forage corn varieties increases, the market is expected to continue its growth trajectory, supported by both domestic and international demand for forage crops.
Russia Forage Seed Market Size - Table of Contents
-
1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
-
1.1 Breeding Technology
-
1.1.1 Hybrids
-
1.1.1.1 Non-Transgenic Hybrids
-
-
1.1.2 Open Pollinated Varieties & Hybrid Derivatives
-
-
1.2 Crop
-
1.2.1 Alfalfa
-
1.2.2 Forage Corn
-
1.2.3 Forage Sorghum
-
1.2.4 Other Forage Crops
-
-
Russia Forage Seed Market Size FAQs
How big is the Russia Forage Seed Market?
The Russia Forage Seed Market size is expected to reach USD 42.49 million in 2024 and grow at a CAGR of 3.60% to reach USD 52.53 million by 2030.
What is the current Russia Forage Seed Market size?
In 2024, the Russia Forage Seed Market size is expected to reach USD 42.49 million.
