The forage market size is expected to reach USD 1,449.10 million by 2034, according to a new study by Polaris Market Research. The report “Forage Market Size, Share, Trends, Industry Analysis Report: By Crop Type (Cereals, Legumes, and Grasses), Product Type, Animal Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Forage refers to plant materials such as grasses, legumes, and other vegetation cultivated primarily for livestock feed. It provides essential nutrients such as fiber, protein, and minerals necessary for animal growth, milk production, and reproduction.
Forage crops are essential to sustainable farming practices. They improve soil health by preventing erosion, enhancing fertility, and reducing the reliance on chemical fertilizers. Legumes, in particular, act as nitrogen fixers, naturally replenishing nutrients in the soil. Moreover, well-managed forage systems can sequester carbon, contributing to the reduction of greenhouse gas emissions. Growing environmental concerns have led both farmers and governments to prioritize eco-friendly farming practices. This focus on sustainability is driving the increased demand for forage crops, making them a crucial component of sustainable agricultural systems.
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The growing focus on improving livestock nutrition is aimed at enhancing productivity and animal health. Farmers are increasingly adopting higher-quality forage to support livestock diets. High-quality forages offer essential nutrients such as proteins, fiber, and minerals, which are crucial for optimal animal growth, milk production, and reproduction. Well-nourished livestock also tend to have better disease resistance, resulting in higher productivity and reduced veterinary costs. The recognition of the importance of proper nutrition is fueling the demand for premium forage crops in the market. This shift in livestock management practices is boosting the forage market growth.
By Crop Type (Revenue - USD Million, 2020–2034)
By Product Type (Revenue - USD Million, 2020–2034)
By Animal Type (Revenue - USD Million, 2020–2034)
By Regional Ou tlook (Revenue - USD Million, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 875.17 million |
Market Size Value in 2025 |
USD 919.46 million |
Revenue Forecast in 2034 |
USD 1,449.10 million |
CAGR |
5.2% from 2025–2034 |
Base year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD million and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |