The Herbage Global Market Report 2023, provides comprehensive information on the herbage market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/herbage-global-market-report

As per The Business Research Company’s Herbage Global Market Report 2023, the market size is expected to grow from $7.86 billion in 2022 to $8.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global herbage market size is expected to reach $11.71 billion in 2027 at a CAGR of 8.1%.

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Product innovation is a key trend gaining popularity in the herbage market. Major companies operating in the herbage market are developing innovative products to sustain their position in the herbage market. For instance, in July 2022, Fyteko, a Belgium-based agricultural technology company, and Cerience, a France-based agronomist seed producer, launched NURSEED HC, a hydroxycinnamic oligomer, found in plant cell walls applied to forage seeds. The innovative seed treatment can help with the emergence of stressed seedlings and can also provide a good yield.

The herbage market is segmented:
1) By Ingredient: Protein Meals And Cakes, Cereals And Grains, Brans, Additives, Agro-Industrial By-Products
2) By Application: Beef Organic Ruminant, Dairy Organic Ruminant, Calves, Other Applications
3) By End User: Feed, Fodder, Agro-Based, Other End Users

Asia-Pacific was the largest region in the herbage market in 2022.

The table of contents in TBRC’s herbage market report includes:
1. Executive Summary
2. Herbage Market Characteristics
3. Herbage Market Trends And Strategies
4. Herbage Market - Macro Economic Scenario
5. Herbage Market Size And Growth
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27. Herbage Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Herbage Market
29. Herbage Market Future Outlook and Potential Analysis
30. Appendix

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