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Herbage Market Value Growth And Long-Term Outlook
The herbage market has experienced substantial growth in recent years. It is projected to expand from $10.13 billion in 2025 to $10.91 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.7%. Historically, this expansion has been driven by factors such as the proliferation of livestock farming activities, a rising demand for dairy and meat products, continued reliance on traditional grazing practices, the availability of agro-industrial by-products, and the development of organized animal husbandry.
The herbage market size is anticipated to experience substantial growth in the forthcoming years. It is projected to expand to $15.08 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 8.4%. This projected expansion is primarily driven by an increasing emphasis on optimized animal nutrition, a rising demand for high-yield livestock feed, the broadening of sustainable grazing practices, the growing adoption of fortified feed formulations, and the increasing integration of feed quality monitoring. Significant trends anticipated during this period include a rising adoption of nutrient-enriched animal feed blends, an escalating demand for high-protein forage inputs, an expanded use of functional feed additives, the wider utilization of agro-industrial by-products, and an enhanced focus on livestock nutrition efficiency.
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Herbage Market Growth Drivers: What’s Behind The Acceleration?
The expansion of the dairy sector is anticipated to boost the herbage market’s future growth. This sector encompasses the manufacturing and handling of all milk-derived goods within dairy plants or on dairy farms. Herbage serves as a crucial resource in these industries, supplying sustenance for grazing livestock to enhance milk output. As an illustration, the Department for Environment, Food & Rural Affairs, a government agency based in the UK, indicated in October 2024 that UK dairies processed 1,143 million litres of milk during August 2024. Consequently, the expanding dairy industry is set to fuel the herbage industry.
Herbage Market Segment Analysis Spotlighting Growth Areas
The herbage market covered in this report is segmented –
1) By Herbage Type: Grasses, Legumes, Mixed Herbage, Other Herbage Types
2) By Form: Fresh Grazing Herbage, Hay, Silage, Dried Herbage
3) By Application: Beef Cattle, Dairy Cattle, Sheep, Goats, Other Ruminants
4) By Production System: Organic, Conventional
5) By End User: Livestock Farms, Dairy Farms, Pasture-Based Animal Operations, Other End Users
Subsegments:
1) By Grasses: Ryegrass, Bermuda Grass, Fescue, Timothy Grass, Orchard Grass, Brome Grass
2) By Legumes: Alfalfa, Clover, Vetch, Lucerne, Trefoil
3) By Mixed Herbage: Grass–Legume Mixtures, Permanent Pasture Mixes, Seasonal Forage Mixes, Multi-Species Pasture Blends
4) By Other Herbage Types: Forage Herbs (Chicory, Plantain), Native Pasture Species, Natural Meadow Herbage, Regrowth and Volunteer Herbage
Herbage Market Leading Companies: Who Holds The Strongest Market Presence?
Major companies operating in the herbage market are Barenbrug Group, DLF Seeds A/S, S&W Seed Company, Advanta Seeds, RAGT Semences, PGG Wrightson Seeds, Germinal Group, KWS SAAT SE & Co. KGaA, Corteva Agriscience, Syngenta AG, Limagrain Group, Royal Barenbrug Group, Ampac Seed Company, Mountain View Seeds, Seed Force New Zealand, Heritage Seeds, Seedmark, Jacklin Seed Company, Sharp Bros Seed, Agricom
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Herbage Market Regional Split: Which Areas Are Fueling Growth?
Asia-Pacific was the largest region in the herbage market in 2025. The regions covered in the herbage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
