The Global Alfalfa Seeds Market size is expected to reach $804.2 million by 2031, rising at a market growth of 6.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 25,455.08 Tonnes, experiencing a growth of 15.9% (2020-2023).
Europe's temperate climate and diverse geographical regions provide favorable growing conditions for alfalfa cultivation. Alfalfa thrives in regions with moderate temperatures, well-drained soils, and sufficient moisture, making it well-suited for production across various states and provinces in the Europe. Thus, the Europe region acquired $187.15 million revenue in 2023. In terms of volume, the Europe region would utilize 16,958.50 Tonnes of alfalfa seeds by 2031. The demand for alfalfa seeds increases as farmers seek to grow alfalfa to meet the feed requirements of their livestock.
Hybrid alfalfa seeds are developed through controlled crossbreeding of genetically distinct parent plants, resulting in offspring with superior traits such as higher yield potential, improved vigor, and uniformity. Farmers are attracted to hybrid varieties for their enhanced productivity, which translates into increased forage production per unit area, higher yields per cutting, and improved economic returns. Hence, the increasing adoption of hybrid seeds drives the market's growth.
Additionally, Alfalfa is a leguminous crop capable of forming symbiotic relationships with nitrogen-fixing bacteria called rhizobia. Through this symbiosis, alfalfa plants can convert atmospheric nitrogen into a form available for plant uptake, enriching the soil with nitrogen. The biological nitrogen fixation process reduces the need for synthetic nitrogen fertilizers, mitigates nitrogen runoff and leaching, and promotes soil fertility and nutrient cycling. In conclusion, growing awareness of soil health benefits is promoting market growth.
However, Alfalfa cultivation typically requires thorough land preparation to ensure optimal soil conditions for seed germination, establishment, and growth. This may involve land clearing, soil testing, soil amendments, and tillage operations for proper seedbed preparation. The costs associated with land preparation can vary depending on factors such as land size, soil quality, and existing vegetation, contributing to the initial investment burden. Thus, high initial investment is hampering the growth of the market.
Type Outlook
On the basis of type, the market is segmented into dormant seed and non-dormant seed. In 2023, the dormant seed segment acquired a 45.9% revenue share in the market. Dormant seeds have a longer shelf life. In terms of volume, the dormant seed segment would utilize 22,032.53 Tonnes of alfalfa seeds by 2031. This means they can be stored for longer periods without losing their ability to germinate. Farmers often prefer dormant seeds because they can be confident that a high percentage of the seeds, they plant will successfully grow into alfalfa plants.
Application Outlook
Based on application, the market is segmented into agriculture, health food, and others. In 2023, the agriculture segment attained 50.1% revenue share in the market. In terms of volume, the agriculture segment would utilize 23,433.30 Tonnes of alfalfa seeds by 2031. Alfalfa is primarily grown for forage production and is a valuable source of high-quality livestock feed, particularly for dairy cows, beef cattle, and horses. Agriculture, especially livestock farming operations, relies heavily on alfalfa as a nutritious and palatable feed source to support animal health, growth, and productivity.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia Pacific region attained a 21.3% revenue share in the market in 2023. In terms of volume, the Asia Pacific region would utilize 11,344.96 Tonnes of alfalfa seeds by 2031. The Asia-Pacific region is experiencing significant growth in livestock production, driven by increasing populations, rising incomes, and changing dietary preferences. As demand for animal products such as dairy, meat, and eggs continues to grow, there is a corresponding need for high-quality forage to support livestock feeding programs.
Recent Strategies Deployed in the Market
- Apr-2024: Bayer AG came into partnership with Alpha BioPesticides Limited, an agriculture research and development company. Under this partnership, the companies will integrate more sustainable, efficient, and effective pest management solutions into agriculture. Additionally, Bayer gains access to pioneering bioinsecticides aimed at arable crops like oilseed rape and cereals.
- Sep-2023: DLF Seeds A/S completed the acquisition of Corteva, Inc., an agricultural chemical and seed company. Through this acquisition, DLF will strengthen its seed business with the Corteva Agriscience alfalfa breeding program, including Corteva's global alfalfa germplasm and breeding program, the Alforex Seeds(R) brand name, and trademarks including Hi-Gest(R) alfalfa technology, Hi-Ton performance alfalfa, Hi-Salt salinity-tolerant alfalfa, and msSuntra(R) hybrid technology.
- Jul-2023: Syngenta Crop Protection AG launched Tuque ExoGEM, a fungicide. The Tuque ExoGEM is designed to quickly protect turf and last through extreme winter weather. Also, the exoGEM method helps shield SOLATENOL(R) technology, which is a fancy way of saying a powerful fungus fighter, and fludioxonil, another fungus fighter that sticks to plants, from bad weather.
- Mar-2023: Royal Barenbrug Group signed a definitive agreement to acquire the UK business of Watson Seeds Ltd., a seed specialist. Through this acquisition, Barenburg will further strengthen its presence in the UK and add retail capabilities. Additionally, the acquisition will allow Barenburg Group to integrate Waston Group on farm trials and various observation operations in the UK.
- Feb-2023: S&W Seed Company formed a joint venture with Equilon Enterprises LLC, a company offering refining and transportation services for gasoline and other petroleum goods, namely Vision Bioenergy Oilseeds LLC. Through this joint venture, the companies will develop novel plant genetics for oil seed cover crops as feedstocks for biofuel production. Additionally, the joint venture aims to develop Camelina and other oilseed species from which oil and meat can be extracted for future processing into animal feed, biofuels, and other bioproducts.
List of Key Companies Profiled
- Allied Seed, LLC
- Bayer AG
- S&W Seed Company
- Royal Barenbrug Group
- Nutrien Ltd. (Dyna-Gro Seed)
- Great Basin Seed
- DLF Seeds A/S
- Forage Genetics International, LLC
- The Dow Chemical Company
- Syngenta Crop Protection AG
Global Alfalfa Seeds Market Report Segmentation
By Type (Volume, Tonnes, USD Million, 2020-31)
- Non-Dormant Seed
- Dormant Seed
By Application (Volume, Tonnes, USD Million, 2020-31)
- Agriculture
- Health Food
- Others
By Geography (Volume, Tonnes, USD Million, 2020-31)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Egypt
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Alfalfa Seeds Market, by Type
- 1.4.2Global Alfalfa Seeds Market, by Application
- 1.4.3Global Alfalfa Seeds Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Recent Strategies Deployed in Alfalfa Seeds Market
Chapter 5.Global Alfalfa Seeds Market by Type
- 5.1Global Non-Dormant Seed Market by Region
- 5.2Global Dormant Seed Market by Region
Chapter 6.Global Alfalfa Seeds Market by Application
- 6.1Global Agriculture Market by Region
- 6.2Global Health Food Market by Region
- 6.3Global Others Market by Region
Chapter 7.Global Alfalfa Seeds Market by Region
- 7.1North America Alfalfa Seeds Market
- 7.1.1North America Alfalfa Seeds Market by Type
- 7.1.1.1North America Non-Dormant Seed Market by Region
- 7.1.1.2North America Dormant Seed Market by Region
- 7.1.2North America Alfalfa Seeds Market by Application
- 7.1.2.1North America Agriculture Market by Country
- 7.1.2.2North America Health Food Market by Country
- 7.1.2.3North America Others Market by Country
- 7.1.3North America Alfalfa Seeds Market by Country
- 7.1.3.1US Alfalfa Seeds Market
- 7.1.3.1.1US Alfalfa Seeds Market by Type
- 7.1.3.1.2US Alfalfa Seeds Market by Application
- 7.1.3.2Canada Alfalfa Seeds Market
- 7.1.3.2.1Canada Alfalfa Seeds Market by Type
- 7.1.3.2.2Canada Alfalfa Seeds Market by Application
- 7.1.3.3Mexico Alfalfa Seeds Market
- 7.1.3.3.1Mexico Alfalfa Seeds Market by Type
- 7.1.3.3.2Mexico Alfalfa Seeds Market by Application
- 7.1.3.4Rest of North America Alfalfa Seeds Market
- 7.1.3.4.1Rest of North America Alfalfa Seeds Market by Type
- 7.1.3.4.2Rest of North America Alfalfa Seeds Market by Application
- 7.2Europe Alfalfa Seeds Market
- 7.2.1Europe Alfalfa Seeds Market by Type
- 7.2.1.1Europe Non-Dormant Seed Market by Country
- 7.2.1.2Europe Dormant Seed Market by Country
- 7.2.2Europe Alfalfa Seeds Market by Application
- 7.2.2.1Europe Agriculture Market by Country
- 7.2.2.2Europe Health Food Market by Country
- 7.2.2.3Europe Others Market by Country
- 7.2.3Europe Alfalfa Seeds Market by Country
- 7.2.3.1Spain Alfalfa Seeds Market
- 7.2.3.1.1Spain Alfalfa Seeds Market by Type
- 7.2.3.1.2Spain Alfalfa Seeds Market by Application
- 7.2.3.2France Alfalfa Seeds Market
- 7.2.3.2.1France Alfalfa Seeds Market by Type
- 7.2.3.2.2France Alfalfa Seeds Market by Application
- 7.2.3.3Italy Alfalfa Seeds Market
- 7.2.3.3.1Italy Alfalfa Seeds Market by Type
- 7.2.3.3.2Italy Alfalfa Seeds Market by Application
- 7.2.3.4UK Alfalfa Seeds Market
- 7.2.3.4.1UK Alfalfa Seeds Market by Type
- 7.2.3.4.2UK Alfalfa Seeds Market by Application
- 7.2.3.5Germany Alfalfa Seeds Market
- 7.2.3.5.1Germany Alfalfa Seeds Market by Type
- 7.2.3.5.2Germany Alfalfa Seeds Market by Application
- 7.2.3.6Russia Alfalfa Seeds Market
- 7.2.3.6.1Russia Alfalfa Seeds Market by Type
- 7.2.3.6.2Russia Alfalfa Seeds Market by Application
- 7.2.3.7Rest of Europe Alfalfa Seeds Market
- 7.2.3.7.1Rest of Europe Alfalfa Seeds Market by Type
- 7.2.3.7.2Rest of Europe Alfalfa Seeds Market by Application
- 7.3Asia Pacific Alfalfa Seeds Market
- 7.3.1Asia Pacific Alfalfa Seeds Market by Type
- 7.3.1.1Asia Pacific Non-Dormant Seed Market by Country
- 7.3.1.2Asia Pacific Dormant Seed Market by Country
- 7.3.2Asia Pacific Alfalfa Seeds Market by Application
- 7.3.2.1Asia Pacific Agriculture Market by Country
- 7.3.2.2Asia Pacific Health Food Market by Country
- 7.3.2.3Asia Pacific Others Market by Country
- 7.3.3Asia Pacific Alfalfa Seeds Market by Country
- 7.3.3.1China Alfalfa Seeds Market
- 7.3.3.1.1China Alfalfa Seeds Market by Type
- 7.3.3.1.2China Alfalfa Seeds Market by Application
- 7.3.3.2Japan Alfalfa Seeds Market
- 7.3.3.2.1Japan Alfalfa Seeds Market by Type
- 7.3.3.2.2Japan Alfalfa Seeds Market by Application
- 7.3.3.3India Alfalfa Seeds Market
- 7.3.3.3.1India Alfalfa Seeds Market by Type
- 7.3.3.3.2India Alfalfa Seeds Market by Application
- 7.3.3.4South Korea Alfalfa Seeds Market
- 7.3.3.4.1South Korea Alfalfa Seeds Market by Type
- 7.3.3.4.2South Korea Alfalfa Seeds Market by Application
- 7.3.3.5Australia Alfalfa Seeds Market
- 7.3.3.5.1Australia Alfalfa Seeds Market by Type
- 7.3.3.5.2Australia Alfalfa Seeds Market by Application
- 7.3.3.6Malaysia Alfalfa Seeds Market
- 7.3.3.6.1Malaysia Alfalfa Seeds Market by Type
- 7.3.3.6.2Malaysia Alfalfa Seeds Market by Application
- 7.3.3.7Rest of Asia Pacific Alfalfa Seeds Market
- 7.3.3.7.1Rest of Asia Pacific Alfalfa Seeds Market by Type
- 7.3.3.7.2Rest of Asia Pacific Alfalfa Seeds Market by Application
- 7.4LAMEA Alfalfa Seeds Market
- 7.4.1LAMEA Alfalfa Seeds Market by Type
- 7.4.1.1LAMEA Non-Dormant Seed Market by Country
- 7.4.1.2LAMEA Dormant Seed Market by Country
- 7.4.2LAMEA Alfalfa Seeds Market by Application
- 7.4.2.1LAMEA Agriculture Market by Country
- 7.4.2.2LAMEA Health Food Market by Country
- 7.4.2.3LAMEA Others Market by Country
- 7.4.3LAMEA Alfalfa Seeds Market by Country
- 7.4.3.1Saudi Arabia Alfalfa Seeds Market
- 7.4.3.1.1Saudi Arabia Alfalfa Seeds Market by Type
- 7.4.3.1.2Saudi Arabia Alfalfa Seeds Market by Application
- 7.4.3.2UAE Alfalfa Seeds Market
- 7.4.3.2.1UAE Alfalfa Seeds Market by Type
- 7.4.3.2.2UAE Alfalfa Seeds Market by Application
- 7.4.3.3Argentina Alfalfa Seeds Market
- 7.4.3.3.1Argentina Alfalfa Seeds Market by Type
- 7.4.3.3.2Argentina Alfalfa Seeds Market by Application
- 7.4.3.4Brazil Alfalfa Seeds Market
- 7.4.3.4.1Brazil Alfalfa Seeds Market by Type
- 7.4.3.4.2Brazil Alfalfa Seeds Market by Application
- 7.4.3.5Egypt Alfalfa Seeds Market
- 7.4.3.5.1Egypt Alfalfa Seeds Market by Type
- 7.4.3.5.2Egypt Alfalfa Seeds Market by Application
- 7.4.3.6South Africa Alfalfa Seeds Market
- 7.4.3.6.1South Africa Alfalfa Seeds Market by Type
- 7.4.3.6.2South Africa Alfalfa Seeds Market by Application
- 7.4.3.7Rest of LAMEA Alfalfa Seeds Market
- 7.4.3.7.1Rest of LAMEA Alfalfa Seeds Market by Type
- 7.4.3.7.2Rest of LAMEA Alfalfa Seeds Market by Application
Chapter 8.Company Profiles
- 8.1Allied Seed, LLC
- 8.1.1Company Overview
- 8.1.2SWOT Analysis
- 8.2Bayer AG
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expense
- 8.2.5Recent strategies and developments:
- 8.2.5.1Partnerships, Collaborations, and Agreements:
- 8.2.6SWOT Analysis
- 8.3S&W Seed Company
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Regional Analysis
- 8.3.4Research & Development Expense
- 8.3.5Recent strategies and developments:
- 8.3.5.1Acquisition and Mergers:
- 8.3.6SWOT Analysis
- 8.4Royal Barenbrug Group
- 8.4.1Company Overview
- 8.4.2Recent strategies and developments:
- 8.4.2.1Acquisition and Mergers:
- 8.4.3SWOT Analysis
- 8.5Nutrien Ltd. (Dyna-Gro Seed)
- 8.5.1Company Overview
- 8.5.2SWOT Analysis
- 8.6Great Basin Seed
- 8.6.1Company Overview
- 8.6.2SWOT Analysis
- 8.7DLF Seeds A/S
- 8.7.1Company Overview
- 8.7.2Recent strategies and developments:
- 8.7.2.1Acquisition and Mergers:
- 8.7.3SWOT Analysis
- 8.8Forage Genetics International, LLC
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
- 8.9The Dow Chemical Company
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expenses
- 8.9.5SWOT Analysis
- 8.10.Syngenta Crop Protection AG
- 8.10.1Company Overview
- 8.10.2Recent strategies and developments:
- 8.10.2.1Product Launches and Product Expansions:
- 8.10.3SWOT Analysis
Chapter 9.Winning Imperatives of Alfalfa Seeds Market