In 2023, Alfalfa Market Size was projected to be worth 8.09 billion USD. By 2035, the Alfalfa Market Industry is projected to have grown from 8.39 billion USD in 2024 to 12.5 billion USD. During the projection period (2025-2035), the Alfalfa Market's compound annual growth rate (CAGR) is anticipated to be approximately 3.69%.
Alfalfa, often referred to as “the queen of forages,” is a high-protein legume widely used in animal feed due to its nutritional benefits. It plays a vital role in feeding livestock such as cattle, horses, sheep, and goats, delivering essential nutrients like calcium, protein, fiber, and vitamins. As livestock production continues to rise across various regions, especially in emerging markets, the demand for high-quality forage like alfalfa is growing steadily.