Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Alfalfa Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Alfalfa Market Grow Between 2024 and 2025?
The global alfalfa market has seen a robust growth in recent years. The market size stood at $29.09 billion in 2024 and is projected to reach $30.79 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.8%.
How Much Will the Alfalfa Market Be Worth in 2029?
The Alfalfa market is predicted to reach a value of $40.37 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 7.0%.
Download the Free Sample Now:
Which Alfalfa Market Drivers Are Linked to Revenue Growth?
The key drivers in the alfalfa market are:
• Increasing global demand for pollination
• Expansion of non-food bee products
• Growing interest in regenerative agriculture practices
• Rise in urban beekeeping as an alternative income source for farmers
Which Segments Are Expected to Grow in the Alfalfa Market?
The alfalfamarket covered in this report is segmented –
1) By Product Type: Pellets, Hay, Cubes, Other Product Type
2) By Animal Type: Cattle, Horses, Other Animal Type
3) By Application: Animal Feed, Forage, Biofuel
Explore the Complete Market Report:
What Are The Key Trends Impacting Growth In The Global Alfalfa Market?
The key trends in the alfalfa market are:
• Technological integration in beekeeping is shaping the future of the alfalfa market.
• Management of bee health and diseases is an emerging trend.
• Bee-friendly agriculture initiatives are significantly impacting the market.
• Education and training programs in this sector are becoming a growing trend.
Who Are the Key Competitors in the Global Alfalfa Market?
Major players in the alfalfa market are:
• Alfalfa Monegros SL
• Anderson Hay & Grain Co Inc.
• Green Prairie International Inc.
• SL Follen Company
• Bailey Farms Inc.
• HayKingdom Inc.
• Cubeit Hay Company
• McCracken Hay Company
• Border Valley
• Carli Group
• M&C Hay
• Al Dahra ACX Global Inc.
• La Crosse Forage And Turf Seeds
• Limagrain Holdings SAS
• Monsanto Company
• Syngenta AG
• CHS Inc.
• Riverina Pty. Ltd.
• Standlee Hay Company
• Dairyland Seed Co. Inc.
• Allied Seed LLC
• Ampac Seed Company
• Bayer AG
• Corteva Inc.
• DLF Seeds A/S
• KWS SAAT SE & Co. KGaA
• Land O'Lakes Inc.
• NAFOSA
• California Alfalfa Products Inc.
Where Is the Alfalfa Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the alfalfa market in 2024
