Transparency Market
Research
Forage Feed Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
24-04-2014
77 Page Report
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Press Release
Global Forage Feed Market: Ever-Increasing Demand for
Livestock Products to Expand Market at 11.4% CAGR
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Forage Feed Market
REPORT DESCRIPTION
According to a recent market research report published by Transparency Market Research, the global
forage feed market is estimated to expand positively at a CAGR of 11.4% during the period between 2013
and 2019. The report, titled “Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 - 2019”, projects the global forage feed market to be worth US$162.87 bn by the end
of the forecast horizon. The overall market stood at a valuation of US$85.06 bn in 2013. In terms of
volume, the global forage feed market is anticipated to rise at a CAGR of 9.2% during the period from 2013
to 2019.
Browse the full Forage Feed Market report at :http://www.transparencymarketresearch.com/foragefeed-market.html
The report states that the ever-increasing demand for livestock products such as meat, milk, and other
animal products is fuelling demand from the global forage feed market. However, the high cost of forage
feed is influencing consumers to look for cheaper substitutes. For example in the U.S., consumption of
distillers grains as a cheaper substitute to forage feed was significantly high in 2013. Lack of funding for
forage research has also restricted the growth of the overall market. The global forage feed market has a
huge opportunity to grow with product innovations.
On the basis of product type, the report segments the global forage feed market into fresh forage,...