Global Alfalfa Seed Market Size study, by Type (Dormant Seed, Non-Dormant Seed), by Variety (Open Pollinated, Hybrid) and Regional Forecasts 2022-2028

Global Alfalfa Seed Market Size study, by Type (Dormant Seed, Non-Dormant Seed), by Variety (Open Pollinated, Hybrid) and Regional Forecasts 2022-2028

Global Alfalfa Seed Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2028. Alfalfa, also known as lucerne or Medicago sativa, is a plant that is used as feed for livestock. It has a wide variety of contents ranging from vitamins, minerals, and protein compared to other feed sources. Thus, increasing demand for meat and other dairy products and growing livestock population are factors contributing to the market growth. For instance: according to Statista, the global cattle population went up from 996 million, in the year 2021 to 1000 million, in the year 2022. However minimal production of fodder crops and lack of knowledge and expertise in the Alfalfa Seeds Market impede the growth of the market over the forecast period of 2022-2028. Also, strategic initiatives by the private players and increasing awareness towards nutrition levels of alfalfa are likely to increase the growth of the market in the forecasting period.

The regional analysis of the global Alfalfa Seed market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation. North America is the leading region across the world in terms of market share owing to rising demand for beef, and meat. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Increasing demand for dairy products would create lucrative growth prospects for the Alfalfa Seed market across Asia Pacific region.

Major market players included in this report are:

La Crosse Seed
Alforex Seeds LLC
DLF International Seeds
S&W Seed Company
Bayer
Dyna-Gro Seed
Forage Genetics International
Allied Seed LLC
Corteva Agriscience
LG Seeds

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Dormant Seed
Non-Dormant Seed
By Variety:
Open Pollinated
Hybrid
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019,2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Alfalfa Seed Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

La Crosse Seed
Alforex Seeds LLC
DLF International Seeds
S&W Seed Company
Bayer
Dyna-Gro Seed
Forage Genetics International
Allied Seed LLC
Corteva Agriscience
LG Seeds

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