Forage Feed Market Report 2025

This Forage Feed Market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The forage feed market size has grown strongly in recent years. It will grow from $93.89 billion in 2024 to $99.52 billion in 2025 at a compound annual growth rate (CAGR) of 6%. The growth during the historic period can be attributed to the increase in livestock population, a rise in forage feed supplies to farm animals, growing demand for dairy and animal products, heightened awareness of animal nutrition and health, and a surge in demand for higher-quality animal feed.

The forage feed market size is expected to see strong growth in the next few years. It will grow to $124.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth during the forecast period can be attributed to shifting consumer preferences toward organic food and feed products, growing demand for high-quality animal feed, the increasing prevalence of intensive livestock farming, rising demand for seafood, and the growing productive potential of fodder feed. Major trends in the forecast period include enhanced nutritional formulations, precision farming techniques, hydroponic forage cultivation, improved storage and preservation methods, genetically optimized forage crops, sustainable production practices, and digital monitoring for feed efficiency.

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 players 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, and Lucerne Farms.

North America was the largest region in the forage feed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in forage feed report are Asia-Pacific, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Forage feed refers to the edible parts of plants, excluding separated grains, that are consumed by grazing livestock or harvested for feeding. This includes grasses, legumes, and other herbaceous plants provided as pasture, hay, or silage. Forage feed serves as a primary source of fiber and essential nutrients, supporting digestion and overall health. It can be provided either through grazing or harvested and stored for later use.

The main types of forage feed are pasture, hay, silage, and haylage. Pasture feed consists of natural vegetation, such as grasses, legumes, and other forage plants, that livestock graze on while being raised in open fields or pastureland. Pasture feed is designed for various animals, including ruminants, poultry, swine, and others, and is available in forms such as pellets, cubes, and more. It is distributed through several channels, including online stores, supermarkets, hypermarkets, specialty stores, and other outlets.

The forage feed market research report is one of a series of new reports that provides forage feed market statistics, including the forage feed industry's global market size, regional shares, competitors with a forage feed market share, detailed forage feed market segments, market trends and opportunities, and any further data you may need to thrive in the forage feed industry. This forage feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

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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