PUBLISHER: KBV Research | PRODUCT CODE: 1483623
PUBLISHER: KBV Research | PRODUCT CODE: 1483623
The Latin America, Middle East and Africa Alfalfa Seeds Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 4,090.09 Tonnes, showcasing a growth of 9.5% (2024-2031).
Non-dormant varieties are bred for rapid growth and high yield, providing a robust supply of nutritious forage for livestock. They typically exhibit resistance to common diseases and pests, ensuring reliable crop performance. The market demand for non-dormant alfalfa seeds is driven by the need for consistent, high-quality feed, which supports the dairy and beef industries. Thus, the Brazil market utilized 173.03 Tonnes of non-dormant alfalfa seeds in 2023.
The Saudi Arabia market dominated the LAMEA Alfalfa Seeds Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $18.4 Million by 2031. The UAE market is showcasing a CAGR of 7.2% during (2024 - 2031). Additionally, The Argentina market would register a CAGR of 8.1% during (2024 - 2031).
Increasing environmental sustainability and climate change awareness have emphasized sustainable agriculture practices. Alfalfa's role in soil conservation, nitrogen fixation, and biodiversity enhancement aligns with sustainable agriculture and regenerative farming principles. Adopting alfalfa seeds as a cover crop, green manure, or rotational crop supports soil health, water conservation, and carbon sequestration efforts, driving demand for alfalfa in sustainable farming systems.
Also, advancements in precision agriculture technologies are transforming alfalfa cultivation by enabling optimized crop management practices, resource efficiency, and yield optimization. Technologies such as GPS-guided machinery, variable rate irrigation, remote sensing, and digital farm management tools facilitate precision seeding, monitoring, and decision-making in alfalfa production. Integration of precision agriculture technologies enhances productivity, reduces input costs, and improves environmental stewardship in alfalfa cultivation.
Alfalfa is prized for its high protein content and digestibility, making it an ideal feed ingredient for dairy cattle to support milk production. The expansion of the dairy sector in Brazil can lead to a greater need for alfalfa seeds to cultivate alfalfa forage crops to meet the demand for high-quality feed. Hence, the high population of livestock and the rising dairy industry in the region are driving 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Egypt, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Alfalfa Seeds Market Report Segmentation
By Type (Volume, Tonnes, USD Million, 2020-31)
By Application (Volume, Tonnes, USD Million, 2020-31)
By Country (Volume, Tonnes, USD Million, 2020-31)