Forage Analysis Market
Forage Analysis Market Forecasts to 2028 – Global Analysis By Livestock (Aquaculture, Cattle, Sheep, Poultry, Pork/Swine, Equine, Horse), Product (Fresh Forage, Stored Forage) and By Geography
According to Stratistics MRC, the Global Forage Analysis Market is accounted for $571.92 million in 2020 and is expected to reach $990.04 million by 2028 growing at a CAGR of 7.1% during the forecast period. Factors such as rise in demand for high-quality forage, mandatory analysis of feed quality, and concerns among farmers and manufacturers for the growth and development of livestock are driving the growth of the market. However, lack of proper awareness among farmers is hampering the growth of the market.
Forage analysis is an integral part of animal production and basically provides information regarding the required level of nutrients and minerals in livestock. Forage analysis plays an essential role in livestock monitoring as it provides information regarding the required level of nutrients and minerals in livestock.
Based on the target, the nutrients segment is anticipated to expand at a rapid pace during the forecast period as they play an important role in optimizing the growth and performance of livestock. By geography, North America is going to have high growth during the forecast period which can be attributed to the presence of a large number of forage analysis laboratories.
Some of the key players profiled in the Forage Analysis Market include Cargill, Brett Young Seeds, R J Hill Laboratories, Dairyland Laboratories, Cawood Scientific, NWF Agriculture Limited, Eurofins Scientific, Minnesota Valley Testing Laboratories, Massey Feeds, Dodson & Horrell , Intertek, Servi-Tech, Dairy One, CVAS, and SGS.
Livestock Covered:
• Aquaculture
• Cattle
• Sheep
• Poultry
• Pork/Swine
• Equine
• Horse
Products Covered:
• Fresh Forage
• Stored Forage
Forage Types Covered:
• Hay
• Silage
• Ratio
Methods Covered:
• Physical Method
• Chemical Method
Targets Covered:
• Dry Matter
• Mycotoxins
• Nutrients
• Other Targets
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Forage Analysis Market, By Livestock
5.1 Introduction
5.2 Aquaculture
5.3 Cattle
5.4 Sheep
5.5 Poultry
5.6 Pork/Swine
5.7 Equine
5.8 Horse
6 Global Forage Analysis Market, By Product
6.1 Introduction
6.2 Fresh Forage
6.3 Stored Forage
7 Global Forage Analysis Market, By Forage Type
7.1 Introduction
7.2 Hay
7.3 Silage
7.4 Ratio
7.4.1 Grass
7.4.2 Legumes
7.4.3 Other Ratios
7.4.3.1 Grass Mix
7.4.3.2 Legume Mix
7.4.3.3 Mixed Legumes-Grass
8 Global Forage Analysis Market, By Method
8.1 Introduction
8.2 Physical Method
8.3 Chemical Method
8.3.1 Wet Chemistry
8.3.2 Near-Infrared Reflective Spectroscopy (NIRS)
9 Global Forage Analysis Market, By Target
9.1 Introduction
9.2 Dry Matter
9.3 Mycotoxins
9.4 Nutrients
9.4.1 Vitamins
9.4.2 Minerals
9.4.3 Fibers
9.4.4 Total Digestible Nutrients
9.4.5 Crude Protein
9.5 Other Targets
9.5.1 Pathogens
9.5.2 Pesticides
10 Global Forage Analysis Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Cargill
12.2 Brett Young Seeds
12.3 R J Hill Laboratories
12.4 Dairyland Laboratories
12.5 Cawood Scientific
12.6 NWF Agriculture Limited
12.7 Eurofins Scientific
12.8 Minnesota Valley Testing Laboratories
12.9 Massey Feeds
12.10 Dodson & Horrell
12.11 Intertek
12.12 Servi-Tech
12.13 Dairy One
12.14 CVAS
12.15 SGS
List of Tables
1 Global Forage Analysis Market Outlook, By Region (2019-2028) ($MN)
2 Global Forage Analysis Market Outlook, By Livestock (2019-2028) ($MN)
3 Global Forage Analysis Market Outlook, By Aquaculture (2019-2028) ($MN)
4 Global Forage Analysis Market Outlook, By Cattle (2019-2028) ($MN)
5 Global Forage Analysis Market Outlook, By Sheep (2019-2028) ($MN)
6 Global Forage Analysis Market Outlook, By Poultry (2019-2028) ($MN)
7 Global Forage Analysis Market Outlook, By Pork/Swine (2019-2028) ($MN)
8 Global Forage Analysis Market Outlook, By Equine (2019-2028) ($MN)
9 Global Forage Analysis Market Outlook, By Horse (2019-2028) ($MN)
10 Global Forage Analysis Market Outlook, By Product (2019-2028) ($MN)
11 Global Forage Analysis Market Outlook, By Fresh Forage (2019-2028) ($MN)
12 Global Forage Analysis Market Outlook, By Stored Forage (2019-2028) ($MN)
13 Global Forage Analysis Market Outlook, By Forage Type (2019-2028) ($MN)
14 Global Forage Analysis Market Outlook, By Hay (2019-2028) ($MN)
15 Global Forage Analysis Market Outlook, By Silage (2019-2028) ($MN)
16 Global Forage Analysis Market Outlook, By Ratio (2019-2028) ($MN)
17 Global Forage Analysis Market Outlook, By Grass (2019-2028) ($MN)
18 Global Forage Analysis Market Outlook, By Legumes (2019-2028) ($MN)
19 Global Forage Analysis Market Outlook, By Other Ratios (2019-2028) ($MN)
20 Global Forage Analysis Market Outlook, By Method (2019-2028) ($MN)
21 Global Forage Analysis Market Outlook, By Physical Method (2019-2028) ($MN)
22 Global Forage Analysis Market Outlook, By Chemical Method (2019-2028) ($MN)
23 Global Forage Analysis Market Outlook, By Wet Chemistry (2019-2028) ($MN)
24 Global Forage Analysis Market Outlook, By Near-Infrared Reflective Spectroscopy (NIRS) (2019-2028) ($MN)
25 Global Forage Analysis Market Outlook, By Target (2019-2028) ($MN)
26 Global Forage Analysis Market Outlook, By Dry Matter (2019-2028) ($MN)
27 Global Forage Analysis Market Outlook, By Mycotoxins (2019-2028) ($MN)
28 Global Forage Analysis Market Outlook, By Nutrients (2019-2028) ($MN)
29 Global Forage Analysis Market Outlook, By Vitamins (2019-2028) ($MN)
30 Global Forage Analysis Market Outlook, By Minerals (2019-2028) ($MN)
31 Global Forage Analysis Market Outlook, By Fibers (2019-2028) ($MN)
32 Global Forage Analysis Market Outlook, By Total Digestible Nutrients (2019-2028) ($MN)
33 Global Forage Analysis Market Outlook, By Crude Protein (2019-2028) ($MN)
34 Global Forage Analysis Market Outlook, By Other Targets (2019-2028) ($MN)
35 Global Forage Analysis Market Outlook, By Pathogens (2019-2028) ($MN)
36 Global Forage Analysis Market Outlook, By Pesticides (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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