+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia Pacific 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

  • PDF Icon

    Report

  • May 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5976326
The Asia Pacific Alfalfa Seeds Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 5,384.89 Tonnes, showcasing a growth of 16.4% (2020-2023).

Within agriculture, alfalfa seeds find widespread usage in various applications, including forage production, animal feed, and soil improvement. As a highly nutritious forage crop, alfalfa is extensively grown for livestock feed, providing essential proteins, vitamins, and minerals to dairy cows, beef cattle, and other grazing animals. Therefore, the agriculture sector of India market used 450.99 Tonnes of alfalfa seeds in the market in 2023.



The China market dominated the Asia Pacific Alfalfa Seeds Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $48.3 Million by 2031. The Japan market is registering a CAGR of 6.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.1% during (2024 - 2031).

Alfalfa seeds are cultivated for forage production, serving as a valuable source of livestock feed and a means of generating income for farmers. Alfalfa hay is prized for its high protein content, palatability, and digestibility, making it a preferred feed option for dairy cows and other ruminant animals. Alfalfa can be harvested multiple times throughout the growing season, providing a continuous source of nutritious forage for livestock.

Moreover, alfalfa seeds are also grown for seed production, supplying the market with high-quality alfalfa seeds for planting new alfalfa fields or for use in seed blends for pastures and forage crops. Seed producers employ advanced breeding techniques, seed treatment methods, and quality assurance measures to ensure the production of viable and genetically pure alfalfa seeds. Adopting alfalfa seeds varies across regions and is influenced by various factors, including agricultural practices, climate conditions, market demand, and policy frameworks.

With the expansion of the animal feed industry in India, there is a rising demand for high-quality forage crops to meet the dietary needs of livestock. Alfalfa, known for its high protein content and nutritional value, is a preferred feed ingredient for dairy cows, beef cattle, and other livestock. The increasing demand for nutritious feed could boost the demand for alfalfa seeds in India. Therefore, the increasing animal feed industry and rising agriculture sector in the region propel the market’s growth.

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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

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

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 Country (Volume, Tonnes, USD Million, 2020-31)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Alfalfa Seeds Market, by Type
1.4.2 Asia Pacific Alfalfa Seeds Market, by Application
1.4.3 Asia Pacific Alfalfa Seeds Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Alfalfa Seeds Market
Chapter 5. Asia Pacific Alfalfa Seeds Market by Type
5.1 Asia Pacific Non-Dormant Seed Market by Country
5.2 Asia Pacific Dormant Seed Market by Country
Chapter 6. Asia Pacific Alfalfa Seeds Market by Application
6.1 Asia Pacific Agriculture Market by Country
6.2 Asia Pacific Health Food Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Alfalfa Seeds Market by Country
7.1 China Alfalfa Seeds Market
7.1.1 China Alfalfa Seeds Market by Type
7.1.2 China Alfalfa Seeds Market by Application
7.2 Japan Alfalfa Seeds Market
7.2.1 Japan Alfalfa Seeds Market by Type
7.2.2 Japan Alfalfa Seeds Market by Application
7.3 India Alfalfa Seeds Market
7.3.1 India Alfalfa Seeds Market by Type
7.3.2 India Alfalfa Seeds Market by Application
7.4 South Korea Alfalfa Seeds Market
7.4.1 South Korea Alfalfa Seeds Market by Type
7.4.2 South Korea Alfalfa Seeds Market by Application
7.5 Australia Alfalfa Seeds Market
7.5.1 Australia Alfalfa Seeds Market by Type
7.5.2 Australia Alfalfa Seeds Market by Application
7.6 Malaysia Alfalfa Seeds Market
7.6.1 Malaysia Alfalfa Seeds Market by Type
7.6.2 Malaysia Alfalfa Seeds Market by Application
7.7 Rest of Asia Pacific Alfalfa Seeds Market
7.7.1 Rest of Asia Pacific Alfalfa Seeds Market by Type
7.7.2 Rest of Asia Pacific Alfalfa Seeds Market by Application
Chapter 8. Company Profiles
8.1 Allied Seed, LLC
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Bayer AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 S&W Seed Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Royal Barenbrug Group
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Acquisition and Mergers:
8.4.3 SWOT Analysis
8.5 Nutrien Ltd. (Dyna-Gro Seed)
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Great Basin Seed
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 DLF Seeds A/S
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Acquisition and Mergers:
8.7.3 SWOT Analysis
8.8 Forage Genetics International, LLC
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 The Dow Chemical Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 SWOT Analysis
8.10. Syngenta Crop Protection AG
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.3 SWOT Analysis

Companies Mentioned

  • 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

Methodology

Loading
LOADING...