China Forage Seed Market - By Product Type, Application and Geography - Market Shares, Forecasts And Trends 2017 - 2022

  • ID: 4384653
  • Report
  • Region: China
  • 84 pages
  • Mordor Intelligence
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Market Insights

The forage seed market accounts for nearly 26% of the global seed market. The China forage seed market was valued at USD XX million in 2015 and is expected to reach USD 1606.78 million by 2021, witnessing a CAGR of XX % during 2016-2021. The most common forage seeds available in the market are sorghum, maize, oats, alfalfa, clover, pearl millet, and grasses. Various hybrid forage seeds with high-yield potential are available in the market. Increased demand for livestock products, including eggs, meat (beef, pork, and mutton), and milk, is stimulating the growth of the global market.

Market Dynamics

The China forage seeds market is driven by factors such as growing demand for dairy products, higher livestock production, and increased meat consumption across the country. Proper usage of quality forage seeds improves the quality and yield of animal feed, and in-turn helps in improving animal health and growth. The rise in the cost of forage is another driving factor for the industry. Industrialization of the livestock sector is helping the forage seed industry acquire a greater market share. Product opportunity lies in the fact that good forage is responsible for increased milk and meat production in animals. The major restraint in the China forage seed market is the unorganized market structure.

Market Segmentation

The China market for forage seeds can be segmented by crop type, product type, animal type and geography. By crop type, the market is segmented into legumes, cereals, and grasses. Among forage crops, cereal forage seeds form the largest market segment, with 38% of the market share. Increased demand for poultry products, dairy, and beef products has accelerated the demand for high-quality forage seeds in the market.

By product type, the market is segmented into stored forage and fresh forage. The stored forage is further segmented into silage and hay. By animal type, cattle constitute the largest share in the fodder crop consumption, followed by swine. The increased consumption and demand of pork meat in the country has hastened the growth rate of swine fodder. Poultry is the second fastest-growing animal type forage seed in the country, due to the growing demand for poultry products.

Key Deliverables:

The report holds importance for the following stakeholders-

Producers and manufacturers

Forage seed companies

Traders and stakeholders operating in the sector

Investors/research institutions interested in the market
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1. INTRODUCTION
1.1 KEY DELIVERABLES OF THE STUDY
1.2 STUDY ASSUMPTIONS
1.3 DEFINITION OF THE MARKET
2. RESEARCH APPROACH AND METHODOLOGY
2.1 INTRODUCTION
2.2 RESEARCH DESIGN
2.3 STUDY TIMELINE
2.4 STUDY PHASES
2.4.1 SECONDARY RESEARCH
2.4.2 DISCUSSION GUIDE
2.4.3 MARKET ENGINNERING AND ECONOMETRIC MODELLING
2.4.4 EXPERT VALIDATION
3. KEY FINDINGS
4 MARKET DYNAMICS
4.1 CHINA FORAGE SEED INDUSTRY ANALYSIS
4.2 GLOBAL FORAGE SEED INDUSTRY ANALYSIS
4.3 DRIVERS
4.3.1 RAPID BUILDING OF HUGE MEGA DAIRY FARMS IN CHINA
4.3.2 GROWTH IN INDUSTRIAL PRODUCTION OF LIVESTOCK AND GROWING MEAT DEMAND
4.3.3 RISE IN COST OF FORAGE
4.4 RESTRAINTS
4.4.1 UNORGANIZED MARKET STRUCTURE
4.4.2 LACK OF QUALITY FORAGE SEEDS
4.5 OPPORTUNITIES
4.5.1 INCREASE IN POPULATION OF CROSSBREED LIVESTOCK
4.5.2 INCREASING DEMAND FOR ORGANIC MEAT
4.6 PORTER’S ANALYSIS
4.6.1 BARGAINING POWER OF BUYERS
4.6.2 BARGAINING POWER OF SUPPLIERS
4.6.3 DEGREE OF COMPETITION
4.6.4 THREAT OF NEW ENTRANTS
4.6.5 THREAT OF SUBSTITUTES
4.7 FORAGE DISTRIBUTION STRUCTURE
5. MARKET SEGMENTATION
5.1 BY CROP TYPE
5.1.1 CEREALS
5.1.2 LEGUMES
5.1.3 GRASSES
5.2 BY PRODUCT TYPE
5.2.1 STORED FORAGE
5.2.1.1 SILAGE
5.2.1.2 HAY
5.2.2 FRESH FORAGE
5.3 BY ANIMAL TYPE
5.3.1 RUMINANT
5.3.2 SWINE
5.3.3 POULTRY
5.3.4 OTHERS
6 COMPETITIVE LANDSCAPE
6.1 STRATEGIES ADOPTED BY MAJOR PLAYERS AND MOST ACTIVE COMPANIES
6.2 MARKET SHARE ANALYSIS
7 COMPANY PROFILES
7.1 AMPAC SEED COMPANY
7.2 FORAGE GENETICS INTERNATIONAL
7.3 BARENBRUG-CHINA
7.4 DLF-INTERNATIONAL
7.5 PENNINGTON SEED COMPANY
7.6 AGRIBIOTECH, INC
7.7 HENGDIAN GROUP GRASS CO. LTD.
7.8 GANSU YASHENG INDUSTRIAL (GROUP) CO. LTD.
7.9 INNER MONGOLIA HUANGYANGWA GRASS INDUSTRY COMPANY
7.10 NINGXIA NONGKEN MAOSHENG GRASS CO. LTD.
7.11 TONGJIANG PRECISION AGRICULTURE FORAGE CO. LTD.
7.12 GROUPE LIMAGRAIN (VILMORIN)
7.13 PGG WRIGHTSON
8 APPENDIX
8.1 DISCLAIMER
8.2 SOURCES

List of Tables

1: CHINA: FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
2: CHINA: CEREAL FORAGE SEEDS MARKET REVENUES, 2012-2021 (USD MILLION)
3: CHINA: LEGUME FORAGE SEEDS MARKET REVENUES, 2012-2021 (USD MILLION)
4: CHINA: GRASSES FORAGE SEEDS MARKET REVENUES, 2012-2021 (USD MILLION)
5: CHINA: FORAGE SEEDS MARKET REVENUES, BY PRODUCT TYPE 2012-2021 (USD MILLION)
6: CHINA: STORED FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
7: CHINA: SILAGE FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
8: CHINA: HAY FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
9: CHINA: FRESH FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
10: CHINA: FORAGE SEEDS MARKET REVENUES, BY ANIMAL TYPE 2012-2021 (USD MILLION)
11: CHINA: RUMINANT FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
12: CHINA: SWINE FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
13: CHINA: POULTRY FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
14: CHINA: OTHERS FORAGE SEEDS MARKET REVENUES, BY CROP TYPE 2012-2021 (USD MILLION)
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