Alfalfa Hay Market Size to worth Over US$ 23.38 Billion By

From GlobeNewswire: 2025-06-02 09:43:00

The global alfalfa hay market is on the rise due to the health benefits it offers and the growth of livestock production. Market value is projected to reach US$22.38 billion by 2031 with a CAGR of 3.9%. Alfalfa hay is a key protein and energy source for livestock, aiding in nutrition and performance.

As the demand for meat and dairy products increases, so does the need for high-quality feed like alfalfa hay. Livestock production plays a significant role in human diets, with 16% of energy and 34% of protein coming from livestock products. The rising world population and changing food preferences are driving the need for livestock feed.

Organic alfalfa hay is gaining popularity, meeting the demand for natural and sustainable feed options. With strict production standards, organic alfalfa hay offers export opportunities to markets with organic certification requirements. North America currently leads the alfalfa hay market, with Asia Pacific expected to show the highest growth in the coming years.

By offering premium alfalfa varieties and mixes, Renovo Seed is catering to the specific forage needs of farmers and ranchers. These products undergo rigorous testing to ensure quality and effectiveness, aligning with the increasing demand for premium feed options. The alfalfa hay market continues to grow, driven by its health benefits and increased livestock production.



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