AP NEWS

The Global Alfalfa Seed Market: Growth, Trends and Forecast (2018-2023) - Growing Industrial Livestock Production & Rising Demand for Meat & Dairy Products - ResearchAndMarkets.com

December 7, 2018

DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Alfalfa Seed Market - Segmented by Geography - Growth, Trends, and Forecast (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global alfalfa seed market is expected to record a robust CAGR of 6.5% during the forecast period (2018-2023).In the United States, alfalfa is used heavily in feeding programs of various livestock due to better yield and quality prospects. Due to its high versatility, alfalfa has been used as hay, silage, grazing, green-chop, or rotation crop.In February 2016, the US Department of Agriculture (USDA) announced the availability of USD 1.85 million for the funding of the Alfalfa and Forage Research Program (AFRP) to improve the yield of alfalfa forage and seed. The program also trains the producers of alfalfa in the best practices that can be used in production and marketing.Major Players are Monsanto Company, LG Seeds, Dyna-Gro Seeds, Hazera Seeds, and Forage Genetics International, among others.Market Dynamics Drivers Growing Industrial Livestock Production & Rising Demand for Meat & Dairy ProductsIncreasing Adoption of Hybrid SeedsDecrease in Area for Grazing Restraints Requirement of Large Quantity of Water for IrrigationLower Yield than Other Forage CropsLower Awareness in Developing RegionsCompanies ProfiledAlforex Seeds LLCDLF International SeedsDuPont PioneerDyna-Gro SeedForage Genetics InternationalHazera Seeds Inc.Lacrosse SeedLG SeedsMonsanto CompanyS&W Seeds Company

Key Topics Covered

1. Introduction

2. Research Scope & Methodology

3. Market Dynamics

4. Industry Analysis

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

8. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/gdbd9s/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005124/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Seeds

KEYWORD:

INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/07/2018 05:11 AM/DISC: 12/07/2018 05:10 AM

http://www.businesswire.com/news/home/20181207005124/en

AP RADIO
Update hourly