There is a shift in the Forage Seed Industry. What was earlier restricted to small-family plots of one or two yeasts, is now open to small-scale farming operations with hundreds of yeasts. This has been brought about by an increasing demand and need for commercial products. The need for cereals, hops and soya lecithin has also created opportunities for new players in this market. In fact, some companies have entered the industry and have already started selling to the public!
Many factors are contributing to this shift in the Forage Seed Industry. One of the major forces driving the changes is the increasing demand for more healthful foods that we are consuming. The Japanese market is already well-known for their healthy image and people there, love eating fresh food on a daily basis. As these consumers become more health conscious, they will demand more fresh vegetables and fruits from their suppliers.
Other factors contributing to the Forage Seed Market in rest of the world are the availability of land for growing seeds, and the soil’s condition. These factors are changing rapidly as more innovative and resourceful techniques are developed. In the United States the expansion of the potato industry is encouraging people to eat more healthful foods. The growth of the soybean industry, the emergence of organic foods for markets like the South Beach Diet, the increased availability of rice and the fertilizer benefits provided by the bio-fuel industry will further boost sales figures for vegetables. The demand for more colorful vegetables will also boost production figures.
In the United States the market scenario for forage seeds is very promising and has a lot of scope for further development. It would be wrong to think that the United States would remain the largest producer of forage seeds. India is a giant in the field and it is expected to double its sales in the next five years. In other words, the United States would not be the world leader in the forage seed market in the next twenty years.
If one looks at the current scenario then the global trend is towards the reduction of farm sizes. The pressures on farmers to reduce crop sizes are pushing the need to look at alternate sources of energy and food. This would eventually reduce the pressure on the environment. The agricultural sales in the United States will double by the end of the decade if things do not change. A doubling of the market size is therefore possible if the current trends continue.
Another major factor projected for the forage seed market in the next five years is the increased use of more advanced techniques in foraging. Advances in technology for example DNA micro-biotechnology which is responsible for the creation of better-quality crops has created new opportunities for improved yields. Farmers have become busier in managing their hens. Increasing production has also meant that fewer of them have been laid-back in their duties. They are now actively seeking new technologies which could lead to more productivity. Some farmers have actually taken an interest in forage marketing in order to increase their revenues.
The fourth factor for the prediction of the United Kingdom forage seed market share analysis by the end of the next decade is the emergence of new forage crops. Biotechnology has been responsible for the creation of crops like maize which are highly productive as well as highly resistant to diseases. Barley and wheat are also proving to be successful. In addition, the planting of grass and bush has been encouraged by authorities all over the world. The increasing demand for protein from meats and dairy products has meant that there is a huge demand for feed.
The fifth and final factor to be analyzed for the United Kingdom market by the end of the decade is the impact of the effects of the global economic crisis. There has been a significant decline in the annual sales of grains in the last few years. The United Kingdom market for forage has grown by around twenty percent since 2021 but the overall growth rate for the food and drink industry is far lower than any other country. If the United Kingdom is to emerge as a world leader in the forage sector, then it will need to reverse the trend of declining annual sales growth and improve the breakdown of sales by volume.