Global Forage Analysis Market Segmentation, By Target (Nutrients, Dry Matter, Mycotoxin, and Others), Livestock (Cattle, Equine, and Sheep), Forage Type (Ration, Hay, and Silage), Method (Chemical Method, Physical Method, Wet Chemistry, and NIRs) – Industry Trends and Forecast to 2031.
Forage Analysis Market Analysis
Forage analysis market continues to advance with cutting-edge spectroscopic techniques such as NIR (Near-Infrared Spectroscopy) and NIRS (Near-Infrared Reflectance Spectroscopy), enhancing rapid nutrient analysis. These technologies enable real-time assessment of forage quality, aiding in livestock nutrition optimization and crop management. Market growth is driven by increasing demand for high-quality animal feed and sustainable agricultural practices worldwide.
Forage Analysis Market Size
The global forage analysis market size was valued at USD 1.11 billion in 2023 and is projected to reach USD 1.72 billion by 2031, with a CAGR of 5.60% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Target (Nutrients, Dry Matter, Mycotoxin, and Others), Livestock (Cattle, Equine, and Sheep), Forage Type (Ration, Hay, and Silage), Method (Chemical Method, Physical Method, Wet Chemistry, and NIRs)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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SGS Société Générale de Surveillance SA. (Switzerland), Eurofins Scientific (Luxembourg), Cargill, Incorporated (U.S.), CVAS, Inc (U.S.), R J Hill Laboratories Limited (New Zealand), ServiTech, Inc. (U.S.), MASSEY FEEDS (U.K.), Dairyland Laboratories, Inc. (U.S.), Dairy One (U.S.), Bruker (U.S.), AgroDyne Inc. (U.S.), and Cawood Scientific Limited (U.K.)
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Market Opportunities
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Forage Analysis Market Definition
Forage analysis involves the chemical and nutritional assessment of animal feed such as hay, silage, and pasture grasses. It determines key components such as protein, fiber, moisture, and minerals to optimize livestock diets for health and productivity. Advanced techniques such as near-infrared spectroscopy (NIRS) and wet chemistry are used to provide accurate nutritional profiles essential for balanced animal nutrition and efficient farming practices.
Forage Analysis Market Dynamics
Drivers
- Increasing Demand for Quality Animal Feed
The increasing global demand for high-quality animal feed is driving growth in the forage analysis market. As livestock production expands, farmers and feed producers are prioritizing optimal nutrition and health for animals. For instance, in dairy farming, ensuring cows receive nutritious forage directly impacts milk production and quality. This trend underscores the necessity for accurate forage analysis technologies and services to meet stringent nutritional standards and enhance overall livestock performance worldwide.
- Increasing Adoption of GMOs and Novel Feed Ingredients
The increasing adoption of genetically modified organisms (GMOs) and novel feed ingredients is driving the forage analysis market. Specialized testing services are essential to assess the quality and safety implications of these innovations. For instance, laboratories offering GMO testing for forage can ensure compliance with regulatory standards and provide farmers with crucial data on nutritional composition, allergenic potential, and environmental impact, supporting informed decision-making in livestock feed management.
Opportunities
- Advancements in Analytical Technologies
Advancements in spectroscopy, chromatography, and molecular techniques are revolutionizing forage analysis by enhancing accuracy and efficiency. For instance, near-infrared spectroscopy (NIRS) enables rapid, non-destructive analysis of multiple components in forage, optimizing feed formulations and ensuring nutritional balance for livestock. This technology-driven approach not only improves productivity but also reduces costs, creating opportunities for companies offering advanced analytical solutions to capitalize on the growing demand for precise and reliable forage analysis.
- Rising Trend of Precision Agriculture
The rising trend of precision agriculture, such as precision feeding, is creating significant opportunities in the forage analysis market. Accurate forage analysis data enables farmers to customize nutritional strategies based on specific animal needs, optimizing feed formulations for improved health and productivity. For instance, integrating real-time spectroscopy in precision feeding systems allows continuous monitoring of forage quality, ensuring precise adjustments to feed composition to enhance livestock performance and profitability.
Restraints/Challenges
- Skill and Training Requirements
The specialized skills and training necessary for accurate forage analysis pose a significant barrier for new entrants and smaller laboratories. These requirements include proficiency in complex analytical techniques and understanding of forage variability. This barrier limits market entry and growth, as it demands substantial investment in training and resources that may not be feasible for all potential participants in the forage analysis sector.
- Complexity of Sample Preparation
The complexity of forage sample preparation, involving tasks such as drying and grinding, presents significant barriers in the market. These procedures are time-consuming and labor-intensive, adding to operational costs and limiting scalability for analytical laboratories and agricultural facilities. This hindrance underscores the challenges in achieving efficient and cost-effective forage analysis, impacting market accessibility and adoption.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Latest Developments in Forage Analysis Market
- In March 2023, Barenbrug announced its acquisition of Watson Group, a UK-based seed specialist. This move is set to bolster Barenbrug's position in the UK grass-seed market, facilitating continued growth and expansion
- In March 2023, DLF inaugurated a new seed processing and storage facility in New Zealand, aimed at enhancing operational capabilities and storage capacity. This strategic investment underscores DLF's commitment to meeting increasing demand for high-quality seeds in the New Zealand agricultural sector
- In September 2020, Forage Analysis Inc. launched the Forage Analyzer Plus, further enhancing its offerings with upgraded features designed to meet evolving market demands in forage analysis
- In July 2020, Forage Analysis Inc. introduced the Forage Analyzer Pro, expanding its portfolio with advanced analytical capabilities tailored for comprehensive forage analysis
Forage Analysis Market Scope
The market is segmented on the basis of target, forage type, livestock, and method. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Target
- Nutrients
- Vitamins
- Minerals
- Crude Protein
- Fiber
- TDN
- Dry Matter
- Mycotoxin
- Others
Livestock
- Cattle
- Equine
- Sheep
Forage Type
- Ration
- Grass
- Legumes
- Hay
- Silage
Method
- Chemical Method
- Physical Method
- Wet Chemistry
- NIRs
Forage Analysis Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, target, forage type, livestock, and method as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the forage analysis market, driven by increasing awareness of animal nutrition among farmers and manufacturers. The region benefits from a substantial network of forage analysis laboratories, supporting growth in precision farming and ensuring high-quality feed for livestock, thereby enhancing overall agricultural productivity and sustainability.
Asia-Pacific is expected to show lucrative growth in the forage analysis market, driven by untapped regions and a substantial consumer base. The region's increasing focus on livestock farming and agricultural productivity enhancement is fueling demand for advanced forage analysis technologies, creating opportunities for market expansion and innovation in feed quality assessment and nutritional analysis.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Forage Analysis Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- SGS Société Générale de Surveillance SA. (Switzerland)
- Eurofins Scientific (Luxembourg)
- Cargill, Incorporated (U.S.)
- CVAS, Inc (U.S.)
- R J Hill Laboratories Limited (New Zealand)
- ServiTech, Inc. (U.S.)
- MASSEY FEEDS (U.K.)
- Dairyland Laboratories, Inc. (U.S.)
- Dairy One (U.S.)
- Bruker (U.S.)
- AgroDyne Inc. (U.S.)
- Cawood Scientific Limited (U.K.)
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