Alfalfa Market Size and Share

Alfalfa Market Analysis by Mordor Intelligence
The alfalfa market size was valued at USD 35.4 billion in 2026 and is projected to grow to USD 48.7 billion by 2031, reflecting a CAGR of 6.59% during the forecast period. Increasing demand from dairy and beef producers in Asia and the Middle East drives structural growth, while rising production costs and climate-related uncertainties influence acreage decisions in North America. The Asia-Pacific region is driven by China's industrial dairy expansion, which added cattle and increased national milk production. South America is projected to experience the fastest regional growth, driven by the expansion of irrigated hectares to meet the demands of feedlots and other agricultural operations. North America remains the leading exporter, with a significant volume of shipments, although its growth rate lags behind regions where livestock intensification outpaces domestic forage supply. Key factors influencing the alfalfa market include increasing per-capita protein consumption, the consolidation of livestock enterprises, and advancements in low-moisture baling technology, which enhance export opportunities. Regulatory incentives promoting sustainable feed systems further drive the market, as alfalfa's nitrogen-fixing properties support carbon-reduction goals. However, challenges persist, including water scarcity regulations, fluctuating container freight costs, and the growing adoption of insect and algae proteins, which constrain pricing flexibility in monogastric feed segments.
Key Report Takeaways
- By geography, the Asia-Pacific region represented 34.6% of the 2025 consumption value, while South America is set to post the highest 6.7% CAGR through 2031.
Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.
Global Alfalfa Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising worldwide meat and dairy consumption lifts demand for high-protein forage | +2.00% | Asia-Pacific and Middle East | Long term (≥ 4 years) |
| Expansion of large-scale livestock farms in emerging economies | +1.60% | Asia-Pacific, Middle East, Africa, South America | Medium term (2-4 years) |
| Logistics innovations and low-moisture bale technology reduce spoilage | +0.90% | North America and Europe export corridors | Short term (≤ 2 years) |
| Growing demand for sustainable and efficient animal-feed solutions | +0.80% | Europe and North America | Medium term (2-4 years) |
| Pelletized alfalfa uptake by fast-growing aquaculture sector | +0.60% | Asia-Pacific and South America | Medium term (2-4 years) |
| Carbon-credit monetization of nitrogen fixation | +0.40% | North America, Europe, Australia | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rising Worldwide Meat and Dairy Consumption Lifts Demand for High-Protein Forage
Per-capita dairy consumption in China increased to 14.3 kilograms in 2025, up from 11.8 kilograms in 2020, as urban diets shifted toward protein-rich foods[1]Source: Food and Agriculture Organization, “FAOSTAT,” fao.org. Industrial herds require forage with crude protein levels exceeding 18%, a standard that cannot be met by pasture alone, anchoring the Alfalfa market to growth trends in Asia. Similarly, Middle Eastern feedlots face nutritional challenges due to heat stress, which limits local grazing and sustains import demand even during periods of high freight costs. According to the OECD-FAO Agricultural Outlook, global meat output is projected to grow through 2030, with the majority of ruminant production growth concentrated in Asia and Africa. Alfalfa’s balanced lysine and methionine profile enhances cereal concentrates, making it essential in lactating cow rations that support higher milk fat yields. While alternative proteins such as insect and algae-based feeds are gaining traction in poultry and swine diets, the reliance of ruminants on fiber ensures sustained long-term growth for the Alfalfa market.
Expansion of Large-scale Livestock Farms in Emerging Economies
In China, farms with over 1,000 head now account for 68% of the country's milk production, following a 9.4% increase in 2024[2]Source: China Dairy Association, “Industry Statistics 2024,” dac.com.cn . These large-scale operations rely on consistent, year-round forage, which the domestic supply cannot fully meet. To address this, imports of compressed bales from the United States and pelletized formats from Inner Mongolia play a critical role. In India, the National Livestock Mission provides consistent financial support to enhance feed infrastructure, aiming to reduce reliance on imports. Meanwhile, Saudi Arabia’s Vision 2030 initiative, which aims to increase domestic fodder production, has driven investments in precision-irrigated greenhouses, resulting in a reduction of water usage. These developments highlight opportunities for suppliers capable of meeting phytosanitary standards and delivering forage with low moisture content, thereby expanding the Alfalfa market in emerging regions.
Logistics Innovations and Low-Moisture Bale Technology Reduce Spoilage
Compressed packages reduce container costs when ocean freight rates exceed. Low-moisture protocols, which maintain low humidity levels, extend shelf life and eliminate mold-related claims, previously reducing exporter margins. UV-stabilized wraps preserve color and nutritional value during trans-shipment. According to UC Cooperative Extension trials, hay stored at 12% moisture retained 94% of its original protein content after 12 months[3]Source: United States Department of Agriculture, “UC Cooperative Extension Forage Quality,” ucanr.edu . Blockchain sensors, introduced by ACX Global in 2025, provide real-time updates on temperature, moisture, and location, enabling shipments to qualify for traceability premiums in markets such as Japan and South Korea. These advancements have facilitated the Alfalfa market's entry into Southeast Asian dairies, which were previously supplied primarily by Australia.
Growing Demand for Sustainable and Efficient Animal-feed Solutions
Regenerative organic alfalfa acreage in the United States is increasing, driven by dairy brands pursuing carbon-neutral labeling in the coming years. Alfalfa contributes to soil enrichment by fixing nitrogen, which reduces dependence on synthetic fertilizers and lowers greenhouse gas emissions. In certain regions, policy frameworks offer incentives for legume rotations, further encouraging growers. Additionally, carbon-credit programs are emerging to reward farms adopting practices that enhance soil carbon sequestration, although verification processes often favor larger operations. Research shows that incorporating alfalfa into feed rations can enhance milk yield while reducing methane emissions, reinforcing its role in sustainable dairy production and supporting market adoption.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising production costs (land, labor, irrigation, energy) | −1.5% | North America, Europe, Australia | Short term (≤ 2 years) |
| Climate-change-driven yield volatility and supply-chain risk | −1.1% | United States, Mediterranean, Northwest China | Long term (≥ 4 years) |
| Alternative protein sources erode share | −0.8% | Poultry and swine feed segments worldwide | Medium term (2-4 years) |
| Strict GMO and phytosanitary regulations impede seed adoption | −0.5% | Asia-Pacific and Middle East trade corridors | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Production Costs (Land, Labor, Irrigation, Energy)
Production costs for alfalfa have risen significantly in recent years, driven by higher fuel prices and increased electricity expenses for irrigation. This rise was driven by diesel prices averaging USD 4.92 per gallon and a 14% increase in electricity costs for pumping[4]Source: University of California Davis, “Cost and Return Studies 2024,” coststudies.ucdavis.edu. Labor shortages have added pressure, with operator wages climbing and equipment costs for harvesters reaching very high levels.In some regions, land rental rates have surged due to competition from specialty crops, while deeper pumping requirements have doubled energy costs compared to earlier periods. In Arizona, pumping depths now surpass 400 feet, doubling energy expenses per acre-foot compared to 2020[5]Source: Arizona Department of Water Resources, “Groundwater Use Report 2025,” azwater.gov . These escalating expenses have squeezed profit margins and contributed to a noticeable decline in alfalfa acreage. Without long-term contracts, some growers have shifted to alternative crops or leased land for renewable energy projects, limiting short-term growth in alfalfa supply.
Climate-Change-Driven Yield Volatility and Supply-Chain Risk
Drought conditions in the southwestern United States have recently led to reduced agricultural yields due to water allocation cuts, underscoring the vulnerability of production to climate-related challenges. In Southern Europe, prolonged heatwaves during critical growth periods have reduced seed output, leading to increased certified seed prices. Concurrently, flooding in parts of the Asia-Pacific region has disrupted planting schedules, leading to higher import volumes to meet dairy-sector demand. Climate projections indicate that suitable growing regions are likely to shift northward in the coming decades, altering regional production patterns. Additionally, rising crop insurance costs are placing financial strain on smaller farms, contributing to uncertainty for growers and impacting market dynamics.
Geography Analysis
The Asia-Pacific region leads global alfalfa consumption, holding a 34.6% market share and exhibiting the highest imports. Countries such as China, Japan, and South Korea dominate premium market segments, while India and Southeast Asia prioritize affordability. Factors such as port expansions, traceability requirements, and increased use of alfalfa in aquaculture feed are projected to sustain the region's position as the primary demand driver for the alfalfa market in the medium term.
North America accounts for a significant share of global alfalfa output, anchoring the supply side of the market. However, growth in the region is projected to moderate. Containerized logistics and long-term contracts with Gulf buyers secure a major share of export volumes, even as water regulations drive acreage shifts in California. Investments in precision irrigation and carbon-credit programs provide some margin relief, though energy and labor costs continue to challenge competitiveness.
The Middle East and Africa combine structural import dependencies with emerging local production growth. Initiatives in Saudi Arabia and the UAE aim to achieve partial self-sufficiency, but water constraints ensure the continuation of robust import pipelines. Africa's rapid production trends reflect growing public investment, although gaps in processing infrastructure limit the country's export potential. These trends collectively highlight diversified growth opportunities for the alfalfa market over the forecast period.
South America's alfalfa market is projected to grow at a CAGR of 6.7% through 2031, driven by increased irrigation efforts in regions such as Córdoba, Santa Fe, and Mato Grosso in Argentina and Brazil. The use of pivot irrigation systems enhances agricultural yields, while regional export businesses benefit from advantageous shipping routes to West Africa and Europe. Additionally, Brazil's adoption of feedlots increases domestic demand for regional production

Competitive Landscape
The global alfalfa market is experiencing growth as sustainability trends influence production and demand. Regenerative agricultural practices are expanding cultivation areas, driven by dairy brands aiming for carbon-neutral operations and policy incentives promoting legume crop rotations. Alfalfa’s natural ability to enrich soil and reduce fertilizer use positions it as a critical crop for lowering emissions. Additionally, feed trials demonstrate its benefits in improving milk yield and reducing methane emissions, reinforcing its importance in sustainable dairy systems.
Climate variability poses significant risks to alfalfa production, with droughts, heat stress, and floods affecting yields and trade flows in key regions. Over the coming decades, shifts in suitable growing zones are anticipated, necessitating the development of adaptation strategies and advancements in genetic research. Rising insurance costs and freight volatility further increase financial pressures, particularly for smaller growers. Meanwhile, growing import demand in the Asia-Pacific highlights alfalfa’s strategic role in supporting dairy supply chains.
The competitive landscape of the alfalfa market remains moderately concentrated. Leading companies are leveraging land assets, logistics infrastructure, and technological advancements to maintain margins and market share. Innovations in baling techniques, blockchain-based traceability, and climate-resilient genetics are driving differentiation. However, mid-tier players face challenges in scaling advanced processing capabilities. Strategic investments, long-term supply agreements, and partnerships with major dairy brands are shaping a future where technology adoption and sustainability credentials will distinguish market leaders from competitors.
Recent Industry Developments
- June 2025: Cibus and S&W Seed cleared FDA (Food and Drug Administration) regulatory review for their gene-edited, low-lignin alfalfa, enabling commercialization and strengthening their position in high-digestibility forage genetics.
- May 2025: A research collaboration in Quebec between INRS (Institut National de la Recherche Scientifique - National Institute of Scientific Research) and its partners utilized satellite imaging and machine learning to monitor alfalfa crops. The system employs multispectral data and AI models to accurately estimate crop height and health. This development supports precision agriculture by providing real-time insights to improve irrigation, fertilization, and harvest planning.
- September 2023: DLF acquired Corteva Agriscience’s alfalfa breeding program, which included germplasm, trademarks, and key technologies. This acquisition added premium brands such as Alforex Seeds and advanced hybrid traits to DLF’s portfolio. The move enhanced DLF’s global position in high-performance forage genetics and expanded its footprint in the North American market.
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Our study defines the alfalfa market as the total value of raw or processed alfalfa (hay bales, cubes and pellets) that flows through farmgate sales, domestic trading channels and formal cross-border exports for livestock and specialty feed use worldwide.
Scope exclusion: pet-food additives derived from alfalfa leaf meal are kept outside this valuation.
Segmentation Overview
- By Geography
- North America
- United States
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Canada
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Mexico
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- United States
- South America
- Brazil
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Argentina
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Chile
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Brazil
- Europe
- France
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Spain
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Italy
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Germany
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Russia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- France
- Asia-Pacific
- China
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Japan
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- South Korea
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- India
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Australia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- New Zealand
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- China
- Middle East
- Saudi Arabia
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- United Arab Emirates
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Turkey
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Saudi Arabia
- Africa
- South Africa
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Egypt
- Production Analysis (Area Harvested, Yield, and Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- South Africa
- North America
Detailed Research Methodology and Data Validation
Primary Research
Mordor analysts interviewed growers, hay processors, feed mill nutritionists and livestock veterinarians across North America, Europe, the Gulf and East Asia. Discussions confirmed local feed ration trends, realistic dry-matter losses, typical contracted prices and the adoption pace of sun-cured versus dehydrated pellets, helping us bridge gaps left by public data.
Desk Research
We began by pulling multi-year acreage, yield and production series from open databases such as FAOSTAT, USDA-NASS, Eurostat Crop Statistics and China's MARA bulletins. We then tracked export-import shifts through UN Comtrade and ITC Trade Map. Price benchmarks and grade differentials were gathered from the USDA AMS hay terminal reports, Australia's ABARES fodder dashboards and Spain's MAPA market bulletins, which provided the baseline spreads between Supreme, Premium and Good RFV grades. Our team also reviewed peer-reviewed journals on forage nutritive value, recent patent filings on low-lignin cultivars via Questel, and annual reports of listed dairy integrators to understand demand pull. These sources underpin the supply, trade and pricing blocks of the model; however, many other secondary references were consulted for validation and context.
Market-Sizing & Forecasting
A top-down reconstruction converts harvested acreage and average yield into available tonnage, adjusts for field and storage losses, and multiplies by grade-weighted average selling prices to reach the market value. Supplier roll-ups of major processing plants and sampled ASP × volume checks act as a selective bottom-up sense-check before totals are frozen. Key variables, such as dairy cow inventories, compound-feed penetration rates, export parity prices, water-use regulations, and adoption of drought-tolerant cultivars, feed a multivariate regression that drives our outlook. Where country-level bottom-ups were incomplete, regional trade weights and surveyed utilization ratios filled the gaps.
Data Validation & Update Cycle
Outputs pass anomaly filters, variance checks versus historic price bands and a two-step peer review. We refresh the model annually, and an interim update is triggered when extreme weather, trade-policy shifts or material currency swings alter any core variable. Before release, an analyst performs a final reality check.
Why Mordor's Alfalfa Market Baseline Commands Reliability
Published numbers diverge because firms pick differing product sets, grade mixes, currency years and refresh cadences.
Key gap drivers include rival scopes that fold in low-value grass mixes, reliance on static price assumptions or conversions from volume without freight adjustments, and less frequent model refreshes that miss drought-led acreage swings.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 20.40 B | Mordor Intelligence | - |
| USD 29.27 B | Global Consultancy A | Includes vitamin-enriched derivatives and uses 2024 FX rates without 2025 revisions |
| USD 24.14 B (2024) | Trade Journal B | Converts 2023 farm-gate prices to 2024 value, no grade split adjustment |
| USD 88.10 B (2024) | Industry Association C | Aggregates alfalfa with mixed legume hays and reports retail feed-store prices |
The comparison shows that once scope creep and price assumptions are stripped out, Mordor's disciplined acreage-to-value chain delivers a balanced, transparent baseline that decision-makers can trace back to clear variables and repeatable steps.
Key Questions Answered in the Report
What is the projected value of the Alfalfa market by 2031?
The Alfalfa market is forecast to reach USD 48.7 billion by 2031.
Why does Asia-Pacific import so much alfalfa?
Industrial dairy expansion and premium beef programs in China, Japan, and South Korea require high-protein forage that local supply cannot match.
Which company leads the competitive landscape?
Al Dahra Holding tops the field with a 14.2% revenue share aided by vertically integrated farmland and export terminals.
How do logistics innovations affect exporter margins?
High-density baling and blockchain-enabled traceability cut container costs and reduce quality disputes, adding 8% to 18% to exporter margins.
What are the main restraints on market growth?
Rising production costs, climate-driven yield risk, competition from insect and algae proteins, and strict GMO regulations create headwinds.
Where is production growing fastest?
South America posts the highest CAGR at 6.7% due to irrigated acreage expansion in Argentina and Brazil.



