(Food-Beverage-News.Com, May 11, 2017 ) “Middle-East and Africa Forage Seeds Market” research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 8.93% to reach USD 1.27 billion by 2021, from USD 0.85 billion in 2016.
Forage seeds are used for feeding livestock including cattle, swine, poultry, and aquaculture animals. Farmers prefer to use forage seeds for feeding purpose as cultivation of these seeds generates some economic benefits such as risk diversification, crop rotation, and enforce soil structure and prevention of soil erosion.
Key factors which affect and thereby cause changes to the market dynamics are studied essentially and are presented in a well-known way in the report. Some of those factors are
•Continuous grow in population, raised demand for dairy and animal products, emerging per capita income, raised in breed cattle demand for feed, low productivity of cattle, the diminish of land for the grazing animals and government subsidies.
•The livestock sector in Africa and Middle-East is experiencing a major transformation
•Swiftly growing populations, rises in per capita income and, especially, increases in urbanization
For granular level understanding the Forage Seeds Market is segmented based on Product Type and Livestock Type, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Product Type: Chicory Ryegrass Clover Alfalfa Others (Including lablab, fescue etc.)
Based on Livestock Type: Cattle Swine/pork Poultry Others (Including aquaculture etc.)
Based on geography the Middle-East and Africa market is analyzed under regions namely, Middle-East and Africa.
Some of the key players that operate in the Middle-East and Africa Forage Seeds Market include Hancock Farm & Seed Co., Dynamic Seeds Ltd., Golden Acre Seeds, Brett young, Foster’s Seed and Feed, Moore Seed Processors, Allied Seed, BASF SE, LLC, Northstar Seed Ltd., and Dow AgroSciences LLC.
A forage technology has to do with non-alfalfa varieties. Birdsfoot trefoil, a high-quality lasting forage legume with bright yellow pea pod–like flowers, has being studied in Utah and other place as part of a USDA National Institute of Food and Agriculture grant. The goal is to create a cultivar that stands higher making a simple method to hay; and is more easily digested.
The Middle-East and Africa Forage Seeds Market report offers wide-range of scope: •Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
•Know more about key areas of industry growth via detailed Segment-level analysis on basis of Product Type and Livestock Type along with market size forecasts and y-o-y estimations
•Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
•Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
•Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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