Forage Feed Market Report 2026

The forage feed market size has grown strongly in recent years. It will grow from $99.06 billion in 2025 to $104.62 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to expansion of livestock farming operations, increased demand for dairy and meat products, development of modern feed storage techniques, growth of commercial animal husbandry, availability of improved forage varieties.

The forage feed market size is expected to see strong growth in the next few years. It will grow to $129.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to rising focus on sustainable livestock nutrition, increasing adoption of precision livestock farming, growth of feed quality monitoring systems, expansion of climate-resilient forage crops, rising demand for cost-efficient animal nutrition. Major trends in the forecast period include improved forage crop breeding practices, expansion of silage and haylage production, growing focus on nutrient-dense feed, increased mechanization of forage harvesting, adoption of precision feeding strategies.

The increasing livestock population is expected to drive the growth of the forage feed market in the coming years. Livestock population refers to the total number of domesticated animals raised for food, fiber, and other agricultural purposes, such as cattle, poultry, pigs, and sheep. The livestock population is rising due to the growing global demand for animal-based products, an expanding population, and increasing income levels in developing countries, all of which are driving the need for more livestock for meat, dairy, and other agricultural industries. Forage feed is essential for livestock as it provides the necessary fiber, nutrients, and energy for healthy digestion, growth, and productivity. For example, in September 2023, Swineweb, a US-based platform for digital information on the North American pork industry, reported that in 2023, feeder cattle imports increased by over 19% year-on-year, and pork exports were expected to rise to 6.8 billion pounds, marking a 7.2% increase from the previous year. Therefore, the increasing livestock population is fueling the growth of the forage feed market.

Key players in the forage feed market are focusing on innovation, such as multi-species forage, to enhance nutritional benefits, improve soil health, and boost livestock productivity. Multi-species forage refers to a mix of various forage plants, including grasses, legumes, and other herbaceous species, grown together to provide a balanced and nutrient-rich diet for different livestock species. For example, in October 2024, Renovo Seed, a US-based seed manufacturing company, introduced a new forage mix, OptiHarv. The mix consists of millets, peas, beans, barley, and brassicas, offering high-quality tonnage for baleage, haylage, or grazing. It provides excellent yield potential, crude protein levels, relative feed value, and total digestible nutrients, and can also be used as a cover crop for producers enrolled in NRCS or carbon programs.

In October 2024, Phibro Animal Health Corporation, a US-based animal health and nutrition company, acquired medicated feed additives and water-soluble products from Zoetis Inc. for an undisclosed amount. This acquisition, which includes 37 product lines, aims to enhance Phibro’s animal health and nutrition portfolio, driving profitability and positioning the company for future investments. Zoetis Inc. is a US-based pharmaceutical company specializing in medicine and vaccinations for pets and livestock.

Major companies operating in the forage feed market are Cargill Inc., Charoen Pokphand Foods PCL, Evonik Industries AG, Land O'Lakes Inc., Royal DSM N.V., J. R. Simplot Company, Nutreco N.V., Trouw Nutrition, Wilbur Ellis Holdings Inc, ForFarmers N.V., Alltech Inc., Standlee Premium Products LLC, Riverina Australia Pty Ltd, Kemin Industries Inc., ADM Alliance Nutrition, NWF Agriculture, Al Dahra ACX Global Inc., Cornext Agri Pvt. Ltd., The Pure Feed Company, Lucerne Farms.

North America was the largest region in the forage feed market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the forage feed market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the forage feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The forage feed market consists of sales of alfalfa, clover, forage blends and mixes, forage seed and additives, legume forage, and grass forage. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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