Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 654.37 Million

Market Size (2029)

USD 962.49 Million

CAGR (2024-2029)

5.44%

Fastest Growing Segment

Physical Method

Largest Market

North America

Market Overview

Global Forage Analysis Market was valued at USD 654.37 Million in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 5.44% through 2029. The Forage Analysis Market refers to the sector dedicated to the assessment of forage, which includes grasses, legumes or other herbaceous plants for use in animal feed. Forage analysis helps evaluate the nutritional value of these feeds, enabling livestock owners to optimize the diets of their animals. This market encompasses various services such as nutritional content determination, contamination testing, and feed value assessment. It plays a vital role in the global agriculture industry by ensuring the health and productivity of livestock.

Key Market Drivers

Increasing Demand for High-Quality Animal Feed

The global demand for forage analysis is experiencing a substantial upswing, driven by the increasing demand for high-quality animal feed in the livestock industry. As the emphasis on animal nutrition and welfare continues to grow, livestock producers are recognizing the critical role of forage analysis in ensuring the nutritional content and quality of their animal feed. The rising demand for high-quality animal feed is propelled by several factors, including a growing global population's need for protein-rich diets and an increasing focus on sustainable and efficient livestock farming practices. In response to these trends, there is a heightened awareness among livestock producers about the importance of analyzing forage to precisely understand its nutritional composition. Forage analysis plays a pivotal role in optimizing animal diets by providing accurate information about key components such as fiber, protein, energy, and minerals. This information empowers livestock producers to formulate well-balanced and nutritionally optimized feed, which, in turn, enhances animal health, growth rates, and overall productivity.

As the livestock industry becomes more technologically advanced, the demand for forage analysis services is rising. Advanced analytical techniques, including near-infrared spectroscopy (NIRS) and other laboratory methods, allow for accurate and rapid assessment of forage quality. This aligns with the industry's quest for precision and efficiency in animal nutrition management. The increasing demand for high-quality animal feed is thus a driving force behind the global surge in forage analysis. This trend reflects the industry's commitment to adopting sophisticated tools and practices to meet the evolving nutritional requirements of livestock and enhance the overall sustainability of the global agriculture sector.

Advancements in Technology Used for Forage Analysis

The global demand for forage analysis is on the rise, propelled by significant advancements in technology used for analyzing and assessing the nutritional content of animal feed. As the livestock industry increasingly embraces digital transformation and precision agriculture, there is a growing demand for sophisticated technologies that provide more accurate, rapid, and comprehensive forage analysis. Emerging technologies, such as near-infrared spectroscopy (NIRS) and other advanced analytical methods, have revolutionized the forage analysis landscape. These technologies enable livestock producers and feed manufacturers to obtain precise information about the nutritional composition of forage, including protein, fiber, energy, and mineral content. The speed and accuracy afforded by these advancements empower stakeholders to make informed decisions in real-time, leading to the formulation of more precise and customized animal diets.

The demand for forage analysis is further amplified by the integration of data analytics and cloud-based solutions in the agriculture sector. These technologies enable the storage, analysis, and sharing of forage data across different stakeholders in the supply chain, facilitating collaborative decision-making and ensuring consistency in feed quality. Livestock producers recognize the value of adopting cutting-edge technology for forage analysis as a means to enhance animal health, optimize feed formulations, and ultimately improve overall herd productivity. As a result, the global demand for forage analysis is driven not only by the increasing need for accurate nutritional information but also by the industry's commitment to leveraging technological advancements for more efficient and sustainable livestock management practices worldwide.

Increase in Demand for Dairy Products

The global demand for forage analysis is witnessing a notable upsurge, propelled by the increasing demand for dairy products in the livestock industry. As consumers worldwide seek a diverse array of high-quality dairy products, including milk, cheese, and yogurt, there is a growing realization among livestock producers of the pivotal role that forage analysis plays in ensuring the nutritional quality of animal feed. Dairy production's expansion to meet rising consumer preferences necessitates a meticulous approach to animal nutrition. Forage analysis becomes instrumental in this scenario, providing valuable insights into the nutritional content of forage, including essential components such as fiber, protein, energy, and minerals. The accuracy and precision offered by advanced analytical technologies, such as near-infrared spectroscopy (NIRS), are becoming increasingly indispensable for formulating diets that enhance milk production, improve milk composition, and optimize overall herd health.

The global dairy industry's quest for higher yields and superior product quality aligns seamlessly with the demand for comprehensive forage analysis. Livestock producers recognize that a well-informed approach to animal nutrition, driven by accurate forage analysis, not only improves milk production efficiency but also supports the industry's commitment to sustainability and responsible farming practices. As the demand for dairy products continues to grow, the global demand for forage analysis is set to remain robust. This trend signifies the industry's acknowledgment of the pivotal role that precise nutritional analysis plays in meeting the evolving demands of the dairy sector and ensuring the sustainability of dairy farming on a global scale.

Rising Investments in Research & Development Activities

The global demand for forage analysis is experiencing a significant boost, driven by increased investments in research and development (R&D) activities within the agriculture and livestock industries. Stakeholders in the forage analysis sector are witnessing a surge in demand as agricultural enterprises recognize the importance of leveraging cutting-edge technologies and scientific advancements to enhance the nutritional assessment of animal feed. Rising investments in R&D are leading to the development and refinement of innovative technologies for forage analysis. Advanced analytical tools, such as near-infrared spectroscopy (NIRS) and molecular techniques, are becoming more precise and efficient, enabling in-depth evaluations of forage quality. These technological breakthroughs empower livestock producers and feed manufacturers to make informed decisions about animal nutrition, resulting in improved feed formulations and overall herd health.

Increased R&D investments contribute to the expansion of forage analysis capabilities, addressing a broader range of nutritional parameters and providing more comprehensive insights into forage composition. As a result, the demand for sophisticated forage analysis services is escalating, driven by the industry's pursuit of precision agriculture and sustainable livestock management practices. The global agriculture sector's commitment to research-driven innovation aligns with the heightened awareness of the critical role played by forage analysis in optimizing animal nutrition. This trend signifies a strategic shift towards evidence-based decision-making, where investments in R&D are instrumental in meeting the evolving needs of modern agriculture and ensuring the global sustainability of livestock farming.



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Key Market Challenges

High Costs of Advanced Forage Testing

The global demand for forage analysis is facing a downturn, primarily attributed to the high costs associated with advanced forage testing. While technological advancements have brought about more sophisticated analytical methods, the expenses related to acquiring, maintaining, and utilizing cutting-edge forage analysis equipment are creating economic barriers for many stakeholders in the agriculture and livestock industries.

The high costs of advanced forage testing equipment include initial capital investments, ongoing maintenance expenses, and training for personnel to operate and interpret results. These financial considerations pose challenges for both small-scale and large-scale livestock producers, limiting their ability to adopt the latest forage analysis technologies. The result is a hesitancy among industry participants to invest in these advanced systems, especially when alternative, more cost-effective methods are available. The global economic landscape and the budget constraints faced by agricultural enterprises further amplify the impact of the high costs associated with advanced forage testing. Livestock producers may opt for more traditional, less expensive methods of forage analysis or rely on external laboratories to perform the testing, rather than investing in their own advanced equipment.

Technical Complexity

The global demand for forage analysis is experiencing a notable increase, driven by the technical complexity inherent in modern analytical methods. As the agriculture industry continues to embrace sophisticated technologies, the demand for forage analysis has risen in tandem with the growing need for precision in animal nutrition management. The technical complexity lies in advanced analytical techniques such as near-infrared spectroscopy (NIRS) and molecular analyses, which provide intricate insights into the nutritional composition of forage, including parameters like fiber, protein, energy, and minerals.

The intricate nature of these advanced methods allows for a more comprehensive understanding of forage quality, enabling livestock producers and feed manufacturers to fine-tune animal diets with unparalleled precision. However, this technical complexity also poses challenges, requiring skilled professionals and specialized equipment for effective implementation. The rising demand for forage analysis globally is, in part, a response to the industry's recognition that the benefits of advanced, technically complex analyses outweigh the challenges. Livestock producers are increasingly investing in the expertise and equipment needed to navigate this complexity, aiming to optimize feed formulations, improve animal health, and enhance overall productivity.

Key Market Trends

Rising Demand for High-Quality Livestock Feed

The global demand for forage analysis is witnessing a substantial uptick, propelled by the increasing demand for high-quality livestock feed in the agriculture industry. As the global population grows, and with it, the demand for animal products, there is a heightened emphasis on optimizing the nutritional quality of livestock feed to ensure healthy and productive herds. This surge in demand for high-quality feed has led to a parallel increase in the importance of forage analysis. Forage analysis plays a crucial role in evaluating the nutritional content of animal feed, offering insights into key components such as fiber, protein, energy, and minerals. The precision provided by advanced analytical technologies, including near-infrared spectroscopy (NIRS), allows livestock producers to tailor feed formulations that meet the specific dietary requirements of their animals, enhancing overall health, growth rates, and productivity.

The rising global demand for high-quality livestock products, including meat and dairy, necessitates a proactive approach to animal nutrition. Forage analysis enables producers to make informed decisions regarding feed composition, ensuring that livestock receive a well-balanced and nutritionally optimized diet. As sustainability and efficiency become focal points in modern agriculture, the demand for forage analysis is set to grow, driven by the industry's commitment to meeting the nutritional needs of livestock and enhancing the overall quality of animal products for a growing global market.

Advancement in Forage Analysis Equipment

he global demand for forage analysis is experiencing a notable upswing, driven by significant advancements in forage analysis equipment. As the agriculture industry embraces technological innovations, the development of more sophisticated and efficient forage analysis equipment is reshaping the landscape of animal nutrition management. Cutting-edge technologies, including near-infrared spectroscopy (NIRS) and portable analyzers, are revolutionizing the accuracy, speed, and convenience of forage analysis.

The advancements in forage analysis equipment provide a level of precision and detail that was previously unattainable. These technologies enable livestock producers and feed manufacturers to obtain real-time, comprehensive data on the nutritional composition of forage, encompassing essential parameters like fiber, protein, energy, and minerals. The portability of some modern analyzers further enhances on-farm decision-making, allowing for rapid adjustments to animal diets based on immediate analysis results.

The demand for these advanced forage analysis technologies is driven by the industry's recognition of the pivotal role they play in optimizing animal nutrition. Livestock producers are increasingly investing in state-of-the-art equipment to enhance feed formulations, improve herd health, and increase overall productivity. As a result, the global demand for forage analysis is not only rising but transforming the industry's approach to precision agriculture, where the integration of advanced equipment is becoming indispensable in meeting the evolving demands of modern livestock management practices on a global scale.

Segmental Insights

Method Insights

Based on the Method, in the global forage analysis market, the Physical Method has traditionally been the more dominant approach. This approach's precision and cost-effectiveness have made it a popular choice for predicting the nutritional value of forage, thereby enhancing livestock productivity and health. While the Chemical Method also plays a vital role, its usage is comparatively less prevalent. The balance between these methods, however, may shift in the future as technological advancements and market demands evolve.


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Regional Insights

North America holds the largest share in the Global Forage Analysis Market. This dominance can be attributed to several factors. The region boasts a vast agricultural sector, with a diverse range of crops and livestock. This provides a strong foundation for the demand and utilization of forage analysis services. North America has a robust livestock industry, with a significant number of dairy and beef cattle farms, as well as other livestock operations. The increasing awareness about the benefits of forage analysis among livestock farmers and forage producers further contributes to North America's prominence in this market. By leveraging advanced analytical techniques, such as nutrient profiling and quality assessment, forage analysis helps optimize animal nutrition, enhance productivity, and improve overall herd health. This, in turn, leads to higher profitability and sustainability for farmers and producers in the region.

Recent Developments

  • In September 2021, Si-Ware Systems Inc., the developer of NeoSpectra material analysis solutions based on single-chip FT-NIR spectrometers, revealed a collaboration with Dairyland Laboratories, Inc., a prominent agricultural feed and forage testing laboratory serving customers in the United States and more than 20 other countries. This partnership aims to harness the capabilities of Si-Ware's NeoSpectra technology alongside Dairyland's expertise in feed testing, facilitating immediate results, expedited decision-making processes, and enhanced quality assurance for feed products.

Key Market Players

  • Cargill, Incorporated
  • Cawood Scientific Ltd.
  • Dairy One Cooperative Inc.
  • Dairyland Laboratories Inc.
  • Dodson & Horrell Ltd
  • RJ Hill Laboratories Limited
  • Massey Bros Feeds Ltd.
  • Servi-Tech, Inc.
  • SGS S.A.
  • CVAS, Inc.

By Method

By Target

By Forage Type

By Livestock

By Region

  • Physical Method
  • Chemical Method
  • Nutrients
  • Mycotoxins
  • Dry Matter
  • Others
  • Hay
  • Silage
  • Ration
  • Others
  • Cattle
  • Sheep
  • Equine
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Forage Analysis Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Forage Analysis Market, By Method:

o   Physical Method

o   Chemical Method

  • Forage Analysis Market, By Target:

o   Nutrients

o   Mycotoxins

o   Dry Matter

o   Others

  • Forage Analysis Market, By Forage Type:

o   Hay

o   Silage

o   Ration

o   Others

  • Forage Analysis Market, By Livestock:

o   Cattle

o   Sheep

o   Equine

  • Forage Analysis Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Forage Analysis Market.

Available Customizations:

Global Forage Analysis market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Forage Analysis Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.     Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.     Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.     Voice of Customer

5.     Global Forage Analysis Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Method (Physical Method, Chemical Method)

5.2.2.    By Target (Nutrients, Mycotoxins, Dry Matter, and Others)

5.2.3.    By Forage Type (Hay, Silage, Ration, and Others)

5.2.4.    By Livestock (Cattle, Sheep, Equine)

5.2.5.    By Region

5.2.6.    By Company (2023)

5.3.  Market Map

6.     North America Forage Analysis Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Method

6.2.2.    By Target

6.2.3.    By Forage Type

6.2.4.    By Livestock

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Forage Analysis Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Method

6.3.1.2.2.            By Target

6.3.1.2.3.            By Forage Type

6.3.1.2.4.            By Livestock

6.3.2.    Canada Forage Analysis Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Method

6.3.2.2.2.            By Target

6.3.2.2.3.            By Forage Type

6.3.2.2.4.            By Livestock

6.3.3.    Mexico Forage Analysis Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Method

6.3.3.2.2.            By Target

6.3.3.2.3.            By Forage Type

6.3.3.2.4.            By Livestock

7.     Europe Forage Analysis Market Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Method

7.2.2.    By Target

7.2.3.    By Forage Type

7.2.4.    By Livestock

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Forage Analysis Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Method

7.3.1.2.2.            By Target

7.3.1.2.3.            By Forage Type

7.3.1.2.4.            By Livestock

7.3.2.    United Kingdom Forage Analysis Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Method

7.3.2.2.2.            By Target

7.3.2.2.3.            By Forage Type

7.3.2.2.4.            By Livestock

7.3.3.    Italy Forage Analysis Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Method

7.3.3.2.2.            By Target

7.3.3.2.3.            By Forage Type

7.3.3.2.4.            By Livestock

7.3.4.    France Forage Analysis Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Method

7.3.4.2.2.            By Target

7.3.4.2.3.            By Forage Type

7.3.4.2.4.            By Livestock

7.3.5.    Spain Forage Analysis Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Method

7.3.5.2.2.            By Target

7.3.5.2.3.            By Forage Type

7.3.5.2.4.            By Livestock

8.     Asia-Pacific Forage Analysis Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Method

8.2.2.    By Target

8.2.3.    By Forage Type

8.2.4.    By Livestock

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Forage Analysis Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Method

8.3.1.2.2.            By Target

8.3.1.2.3.            By Forage Type

8.3.1.2.4.            By Livestock

8.3.2.    India Forage Analysis Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Method

8.3.2.2.2.            By Target

8.3.2.2.3.            By Forage Type

8.3.2.2.4.            By Livestock

8.3.3.    Japan Forage Analysis Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Method

8.3.3.2.2.            By Target

8.3.3.2.3.            By Forage Type

8.3.3.2.4.            By Livestock

8.3.4.    South Korea Forage Analysis Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Method

8.3.4.2.2.            By Target

8.3.4.2.3.            By Forage Type

8.3.4.2.4.            By Livestock

8.3.5.    Australia Forage Analysis Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Method

8.3.5.2.2.            By Target

8.3.5.2.3.            By Forage Type

8.3.5.2.4.            By Livestock

9.     South America Forage Analysis Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Method

9.2.2.    By Target

9.2.3.    By Forage Type

9.2.4.    By Livestock

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Forage Analysis Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Method

9.3.1.2.2.            By Target

9.3.1.2.3.            By Forage Type

9.3.1.2.4.            By Livestock

9.3.2.    Argentina Forage Analysis Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Method

9.3.2.2.2.            By Target

9.3.2.2.3.            By Forage Type

9.3.2.2.4.            By Livestock

9.3.3.    Colombia Forage Analysis Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Method

9.3.3.2.2.            By Target

9.3.3.2.3.            By Forage Type

9.3.3.2.4.            By Livestock

10.  Middle East and Africa Forage Analysis Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Method

10.2.2. By Target

10.2.3. By Forage Type

10.2.4. By Livestock

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Forage Analysis Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Method

10.3.1.2.2.         By Target

10.3.1.2.3.         By Forage Type

10.3.1.2.4.         By Livestock

10.3.2. Saudi Arabia Forage Analysis Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Method

10.3.2.2.2.         By Target

10.3.2.2.3.         By Forage Type

10.3.2.2.4.         By Livestock

10.3.3. UAE Forage Analysis Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Method

10.3.3.2.2.         By Target

10.3.3.2.3.         By Forage Type

10.3.3.2.4.         By Livestock

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

12.1.             Recent Development

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13.  Global Forage Analysis Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15.  Competitive Landscape

15.1.             Cargill Corporation

15.1.1. Business Overview

15.1.2. Company Snapshot

15.1.3. Products & Services

15.1.4. Financials (As Reported)

15.1.5. Recent Developments

15.1.6. Key Personnel Details

15.1.7. SWOT Analysis

15.2.             Cawood Scientific Ltd.

15.3.             Dairy One Cooperative Inc.

15.4.             Dairyland Laboratories Inc.

15.5.             Dodson & Horrell Ltd

15.6.             RJ Hill Laboratories Limited

15.7.             Massey Bros Feeds Ltd.

15.8.             Servi-Tech, Inc.

15.9.             SGS S.A.

15.10.         CVAS, Inc.

16.  Strategic Recommendations

17.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Forage Analysis Market was estimated to be USD 654.37 Million in 2023.

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The 'Nutrients' segment currently dominates the global forage analysis market, as nutrients play a crucial role in animal nutrition, growth, and health. By understanding the nutritional content of forage, farmers and livestock owners can optimize feed strategies for the wellbeing of their livestock and the profitability of their operations.

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North America leads the Global Forage Analysis Market due to its extensive agricultural sector, strong livestock industry, and growing awareness of the advantages of forage analysis for livestock farmers and forage producers.

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Increase in demand for dairy products and rising investments in research & development activities are the major drivers for the Global Forage Analysis Market.

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Sakshi Bajaal

Business Consultant
Press Release

Forage Analysis Market to Grow at 5.44% CAGR through 2029

Jun, 2024

Rising demand for high-quality livestock feed and advancement in forage analysis equipment is expected to drive the Global Forage Analysis Market growth in the forecast period, 2025-2029.