North America Alfalfa Seeds Market

North America Alfalfa Seeds Market Size, Share & Trends Analysis Report By Type (Non-Dormant Seed, and Dormant Seed), By Application (Agriculture, Health Food, and Others), By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-22816 Publication Date: May-2024 Number of Pages: 102
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Analysis of Market Size & Trends

The North America Alfalfa Seeds Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 4,769.60 Tonnes, showcasing a growth of 15.8% (2020-2023).

Dormant seeds are those that do not germinate immediately upon planting, even under favourable conditions, due to their hard seed coat that resists water absorption and gas exchange. This trait is particularly valued in alfalfa cultivation, as it allows for a staggered germination process, providing a more extended period of emergence and establishing a resilient stand over time. Thus, Canada market utilized 452.66 Tonnes of dormant alfalfa seeds in the market in 2023.

North America Alfalfa Seeds Market

The US market dominated the North America Alfalfa Seeds Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $153.4 Million by 2031. The Canada market is experiencing a CAGR of 8.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8% during (2024 - 2031).

The presence and dynamics of the livestock industry also influence the adoption of alfalfa seeds. Regions with a strong dairy, beef, or sheep industry often have higher demand for high-quality forage crops like alfalfa, leading to increased adoption among farmers. Livestock producers prioritizing animal nutrition, productivity, and health are more inclined to incorporate alfalfa into their feeding programs.

Additionally, the alfalfa seeds market is shaped by evolving trends and dynamics that reflect broader agricultural shifts, consumer preferences, sustainability initiatives, and technological innovations. For instance, the growing demand of plant-based diets and vegetarian lifestyles has fueled demand for plant-derived protein sources, including alfalfa. As consumers seek alternatives to animal-derived products, alfalfa seeds offer a plant-based protein option with nutritional benefits and culinary versatility. The rise of plant-based diets is expected to drive demand for alfalfa seeds in human nutrition and livestock feed sectors.

As agriculture expands across Canada, forage production, including alfalfa cultivation, may expand to meet the feed requirements of livestock. Increased acreage devoted to forage crops like alfalfa could drive up demand for alfalfa seeds in Canada. According to the Government of Canada, over the last 50 years, the average farm size in Canada has nearly doubled, reaching 62.2 million hectares, which represents 6.2% of the country’s land area. Therefore, the rising agriculture sector and the increasing food processing industry in the region drive the market’s growth.

Free Valuable Insights: The Alfalfa Seeds Market is Predict to reach USD 804.2 Million by 2031, at a CAGR of 6.9%

Based on Type, the market is segmented into Non-Dormant Seed, and Dormant Seed. Based on Application, the market is segmented into Agriculture, Health Food, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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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

North America Alfalfa Seeds Market Report Segmentation

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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 Country (Volume, Tonnes, USD Million, 2020-31)

  • US
  • Canada
  • Mexico
  • Rest of North America
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