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Brazil Forage Seed Market Size (2024 - 2029)

The Brazil Forage Seed Market is projected to experience growth over the forecast period, driven by the dominance of tropical forages, particularly Brachiaria and ryegrass among dairy cattle farmers. Efforts by various organizations, such as the Association for the Promotion of Forage Seed Breeding Research, are enhancing the agricultural sector through scientific research and the introduction of new forage cultivars. The market also sees a trend towards the use of incrusted seeds, with hybrid seeds being introduced on a limited basis, reflecting a shift in seed purity and quality preferences within the country.

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Market Size of Brazil Forage Seed Industry

Brazil Forage Seed Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 410.32 Million
Market Size (2029) USD 508.78 Million
CAGR (2024 - 2029) 4.40 %
Market Concentration Low

Major Players

Brazil Forage Seed Market Major Players

*Disclaimer: Major Players sorted in no particular order

Brazil Forage Seed Market Analysis

The Brazil Forage Seed Market size is estimated at USD 410.32 million in 2024, and is expected to reach USD 508.78 million by 2029, growing at a CAGR of 4.40% during the forecast period (2024-2029).

  • The market includes tropical forages that are dominated by eight genera of grasses and legumes. However, Brachiaria remains the farmer's preference in Brazil. Also, farmers with dairy cattle mostly prefer ryegrass.
  • There are various organizations in the country working towards the strengthening of the agriculture and livestock industry. For instance, the Association for the Promotion of Forage Seed Breeding Research in partnership with Embrapa works in support of scientific research for the launch of new forage cultivars.
  • Moreover, the seeds sold in the local markets are less pure than the seeds exported by Brazil. With this, the use of incrusted seeds is growing in Brazil in the last 5 years and hybrid seeds are being introduced in the country though on a limited scale.

Brazil Forage Seed Industry Segmentation

Forages are plants or parts of plants eaten by herbivorous animals. The report covers the seed market of forage crops and the analysis of different types of forages. The information regarding market overview, especially in terms of maturity provided in the study, is essential towards developing apt growth strategies suitable for Brazil considered in the study. Profiles of major players active in countries studied will provide decisive information towards developing a competitive strategy.

By Crop Type
Cereals
Forage Corn
Forage Sorghum
Other Cereals
Legumes
Alfalfa
Other Legumes
Grasses
By Product Type
Stored Forage
Fresh Forage
By Animal Type
Ruminant
Swine
Poultry
Other Animal Types
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Brazil Forage Seed Market Size Summary

The Brazil forage seed market is poised for growth, driven by the increasing demand for animal feed due to rising meat and milk consumption. The market is characterized by a preference for tropical forages, particularly Brachiaria and ryegrass among dairy cattle farmers. Organizations like the Association for the Promotion of Forage Seed Breeding Research, in collaboration with Embrapa, are actively involved in advancing scientific research to develop new forage cultivars. Despite the local market's seed purity challenges, the adoption of incrusted and hybrid seeds is on the rise, albeit limited. The country's economic growth and shifting dietary preferences towards protein-rich diets further bolster the demand for forage seeds, as they play a crucial role in supporting the livestock industry.

The demand for cereal seeds as forage crops is also significant, with southern Brazil's favorable climatic conditions supporting intensive livestock systems and year-round forage cultivation. The use of pre-dried silage of temperate forages offers an alternative during pasture shortages, contributing to the moderate growth outlook for the forage seed market. Competitive dynamics in the industry are marked by strategic mergers and acquisitions, such as the collaboration between Royal Barenbrug Group and Dow AgroSciences, which has expanded their market presence. Key players like Agria Corporation, Advanta Seeds, and others are actively shaping the market landscape, focusing on product quality and strategic expansions to capture larger market shares.

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Brazil Forage Seed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters five Force Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Crop Type

      1. 2.1.1 Cereals

        1. 2.1.1.1 Forage Corn

        2. 2.1.1.2 Forage Sorghum

        3. 2.1.1.3 Other Cereals

      2. 2.1.2 Legumes

        1. 2.1.2.1 Alfalfa

        2. 2.1.2.2 Other Legumes

      3. 2.1.3 Grasses

    2. 2.2 By Product Type

      1. 2.2.1 Stored Forage

      2. 2.2.2 Fresh Forage

    3. 2.3 By Animal Type

      1. 2.3.1 Ruminant

      2. 2.3.2 Swine

      3. 2.3.3 Poultry

      4. 2.3.4 Other Animal Types

Brazil Forage Seed Market Size FAQs

The Brazil Forage Seed Market size is expected to reach USD 410.32 million in 2024 and grow at a CAGR of 4.40% to reach USD 508.78 million by 2029.

In 2024, the Brazil Forage Seed Market size is expected to reach USD 410.32 million.

Brazil Forage Seed Market Report Snapshots

Brazil Forage Seeds Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)