(Food-Beverage-News.Com, May 11, 2017 ) According to the report "Latin America Forage Seeds Market ", published by Market Data Forecast, the Latin America market is projected to reach USD 1.47 billion by 2021, at a CAGR of 8.93% from 2016 to 2021.
Forage seeds are used by the farmers to grow forage crops such as Alfalfa, Clover, sorghum, Berseem which are utilized by the grazing livestock as a feed. Latin America is one of the leading player in the global forage seed market and agricultural market, it accounts for a major share in the global market. Argentina, Brazil, Chile, Uruguay and Colombia are the major producers of the seeds.
Major drivers are increase in population, rise in demand of meat and egg, increase in disposable income and urbanization. The price of forage seeds is lower as compared to other oil seeds which favors the growth. Emerging livestock sector has increased the demand for forage seeds. Poor quality of available forage seeds is restraining the market.
The Latin America Forage Seeds Market study offers the following deliverables:
•Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
•Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
•Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
•A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
•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
•An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
•Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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