What is the expected market size of the global alfalfa market by 2033?

The global alfalfa market is expected to reach USD 46.6 billion by 2033. The market is expected to grow at a CAGR of 6.6% from 2024 to 2033.

Which region holds the largest market share in the alfalfa market?

North America holds the largest market share at 40.8%.

Growth opportunities include the development of drought-resistant alfalfa varieties and the adoption of precision agriculture techniques.

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