Global Forage Seed Market Segment Analysis – By Livestock
On the basis of livestock, the cattle segment accounted for the largest segmental revenue of the forage seeds market in 2019 owing to the fact that the quality of milk and meat products depends on the quality of feed fed to the cattle. Forage seeds are added to the cattle feed by livestock producers to ensure optimum production and performance. They help to improve the milk quantity and enhance the immune system of cattle, leading to greater feed efficiency.
However, the poultry feed segment is poised to hold the highest growth rate of the livestock segment over the forecast period 2020-2025. This is attributed to the fact that poultry animals require proper nutrition to produce healthy and fresh meat and eggs. As a result, poultry farmers focus on feeding their chickens with a mixture of grains such as alfalfa seeds and forage clover.