Market Overview:
The global dormant alfalfa seed market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for organic food products and the rising awareness about the benefits of consuming organic food products. In addition, factors such as the increasing demand for biofuels and rising population are also contributing to the growth of this market. On the basis of type, GMO-based dormant alfalfa seed held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to factors such as easy availability and high yield potential offered by GMO-based dormant alfalfa seeds as compared with non-GMO counterparts. However, non-GMO based dormant alfalfa seeds are gaining popularity among consumers owing to health concerns associated with consumption of GMOs. On the basis of application, agriculture held a dominant share in 2017.
Product Definition:
A dormant alfalfa seed is a seed that has been allowed to dry out and has lost its ability to germinate. Dormant alfalfa seeds can be stored for long periods of time and then used to reseed pastures or hay fields.
GMO:
Genetically Modified Organism is a plant or animal whose genetic material has been modified in a way that does not occur naturally. Genetically modified organisms are created through the introduction of a gene from another organism (usually from bacteria, but also including genes from other plants and even viruses) into the DNA of an organism's genome.
Non-GMO:
Non-GMO is a term used for food products that are grown without the use of any harmful chemicals such as pesticides, herbicides, or chemical fertilizers. The major factor driving the global non-GMO market growth includes rising health awareness among consumers all over the world. Growing population and increasing disposable income levels in developing countries such as China and India have been fueling demand for non-GMO foods across these regions.
Application Insights:
The application segment includes agriculture, food and others. The agriculture segment held the largest market share in 2017 due to the high demand from countries such as China, India and Brazil. In addition, favorable government policies for increasing agricultural production are expected to boost industry growth over the forecast period.
In 2017, food application accounted for a significant share of global dormant alfalfa seed market owing to rising demand from countries including Japan and Germany for animal feed products containing protein sources such as soybean meal and fish meal. Furthermore, increasing awareness about healthy eating habits among consumers is anticipated to fuel industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing awareness about alfalfa seeds and their benefits among farmers. In addition, presence of large-scale seed manufacturers such as Syngenta Seeds Inc., and Cargill Inc., in this region has led to an increase in availability of high-quality products for cultivation purposes.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising demand from countries such as China, India, Japan and Australia for dormant alfalfa seeds due its high yield production compared with other crops grown on same land area.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness about the benefits of organic food, such as better nutritional value and fewer harmful chemicals. Alfalfa seed is used in the production of organic foods, so this growing demand will drive the growth of the dormant alfalfa seed market.
- Rising demand for animal feed: The global livestock industry is growing rapidly, owing to rising population and income levels in developing countries. This has led to an increase in demand for animal feed, which drives the use of alfalfa seed as a feed ingredient. Thus, rising demand for animal feed will spur growth in the dormant alfalfa seed market during the forecast period.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutritionalsupplements present in traditional foods. They are becoming increasingly popular due to their potential health benefits, such as reducing risk factors for chronic diseases like heart disease and cancer . Alfalfa seeds are used in functional food products due their high nutrient content; thus, rising popularity of functional foods will boost growth prospects forthe dormant alfalfaseedmarketin coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Dormant Alfalfa Seed Market Research Report
By Type
GMO, Non-GMO
By Application
Agriculture, Food, Others
By Companies
Forage Genetics International, S&W Seed, Alforex Seeds, Arkansas Valley Seed, Pacific Seed Company, Monsanto, Latham Hi-Tech Seed, Kussmaul Seed, Abatti Companies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Dormant Alfalfa Seed Market Report Segments:
The global Dormant Alfalfa Seed market is segmented on the basis of:
Types
GMO, Non-GMO
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Food, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Forage Genetics International
- S&W Seed
- Alforex Seeds
- Arkansas Valley Seed
- Pacific Seed Company
- Monsanto
- Latham Hi-Tech Seed
- Kussmaul Seed
- Abatti Companies
Highlights of The Dormant Alfalfa Seed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- GMO
- Non-GMO
- By Application:
- Agriculture
- Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dormant Alfalfa Seed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dormant alfalfa seed is a type of alfalfa that has been stored in cold, dry conditions. Dormant alfalfa seed can be used to produce hay or forage crops.
Some of the major players in the dormant alfalfa seed market are Forage Genetics International, S&W Seed, Alforex Seeds, Arkansas Valley Seed, Pacific Seed Company, Monsanto, Latham Hi-Tech Seed, Kussmaul Seed, Abatti Companies.
The dormant alfalfa seed market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dormant Alfalfa Seed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dormant Alfalfa Seed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dormant Alfalfa Seed Market - Supply Chain
4.5. Global Dormant Alfalfa Seed Market Forecast
4.5.1. Dormant Alfalfa Seed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dormant Alfalfa Seed Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dormant Alfalfa Seed Market Absolute $ Opportunity
5. Global Dormant Alfalfa Seed Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dormant Alfalfa Seed Market Size and Volume Forecast by Type
5.3.1. GMO
5.3.2. Non-GMO
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dormant Alfalfa Seed Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dormant Alfalfa Seed Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Food
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dormant Alfalfa Seed Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dormant Alfalfa Seed Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dormant Alfalfa Seed Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dormant Alfalfa Seed Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dormant Alfalfa Seed Demand Share Forecast, 2019-2026
9. North America Dormant Alfalfa Seed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dormant Alfalfa Seed Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dormant Alfalfa Seed Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Food
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dormant Alfalfa Seed Market Size and Volume Forecast by Type
9.7.1. GMO
9.7.2. Non-GMO
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dormant Alfalfa Seed Demand Share Forecast, 2019-2026
10. Latin America Dormant Alfalfa Seed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dormant Alfalfa Seed Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dormant Alfalfa Seed Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Food
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dormant Alfalfa Seed Market Size and Volume Forecast by Type
10.7.1. GMO
10.7.2. Non-GMO
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dormant Alfalfa Seed Demand Share Forecast, 2019-2026
11. Europe Dormant Alfalfa Seed Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dormant Alfalfa Seed Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dormant Alfalfa Seed Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Food
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dormant Alfalfa Seed Market Size and Volume Forecast by Type
11.7.1. GMO
11.7.2. Non-GMO
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dormant Alfalfa Seed Demand Share, 2019-2026
12. Asia Pacific Dormant Alfalfa Seed Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dormant Alfalfa Seed Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dormant Alfalfa Seed Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Food
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dormant Alfalfa Seed Market Size and Volume Forecast by Type
12.7.1. GMO
12.7.2. Non-GMO
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dormant Alfalfa Seed Demand Share, 2019-2026
13. Middle East & Africa Dormant Alfalfa Seed Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dormant Alfalfa Seed Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dormant Alfalfa Seed Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Food
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dormant Alfalfa Seed Market Size and Volume Forecast by Type
13.7.1. GMO
13.7.2. Non-GMO
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dormant Alfalfa Seed Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dormant Alfalfa Seed Market: Market Share Analysis
14.2. Dormant Alfalfa Seed Distributors and Customers
14.3. Dormant Alfalfa Seed Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Forage Genetics International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. S&W Seed
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alforex Seeds
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arkansas Valley Seed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pacific Seed Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Monsanto
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Latham Hi-Tech Seed
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kussmaul Seed
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Abatti Companies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
