The global alfalfa seed market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2024-2031). The global alfalfa seeds market is witnessing significant growth attributable to the heightened awareness of the nutritional advantages associated with alfalfa as a high-protein forage crop for livestock. Furthermore, the expanding livestock industry, particularly in regions such as Asia-Pacific and Latin America, is serving as a major push for market expansion. Additionally, advancements in agricultural techniques and technologies are expanding both the yield and quality of alfalfa seeds, thereby attracting increased interest from farmers. Moreover, the escalating adoption of alfalfa in sustainable farming practices, including crop rotation and soil enrichment, is further bolstering its demand worldwide. Collectively, these factors underscore the pronounced upward trajectory of the global alfalfa seeds market.
In July 2022, Alforex Seedsannounced the AFX 670 Hi-Gest Alfalfa, a fall dormancy 6 variety boasting improved fibre digestibility and salinity tolerance. This conventionally bred alfalfa offers a high leaf-to-stem ratio and multifoliate leaf expression. With proven performance since 2015, it enhances forage intake and digestion, benefiting both livestock and dairy production. Its management flexibility allows growers to optimize yield and quality for improved returns per acre. Such developments are further aiding to the global market growth.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Corteva Agriscience, DLF International Seeds, and S&W Seed Co. among others.
Alfalfa Seeds Market Report Segment
By Application
Agriculture
Health Food
Others
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Alfalfa Seeds Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Alforex Seeds LLC
Allied Seed LLC
Dyna-Gro Seed (Loveland Products Inc. )
Forage Genetics International, LLC
Great Basin Seeds
Lacrosse Seed
LG Seeds (AgReliant Genetics, LLC)
RAGT SEMENCES
Royal Barenbrug Group
W-L Alfalfas
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