North America Alfalfa Seed Market Size & Share Analysis - Industry Research Report - Growth Trends
Analysis of the North American Alfalfa Seed Market
The market for lucerne seeds in North America is anticipated to grow at a CAGR of 4.25%.
Largest Segment by Breeding Technology - Hybrids: Alfalfa is in higher demand from animal farmers, and the most transgenic seeds have been licenced for use in the cultivation of the crop.
Canada is the greatest producer of lucerne due to government assistance in providing technology-based production monitoring and assisting farms in expanding crop growth.
Hybrids are the segment with the fastest-growing market share according to breeding technology. Major corporations are creating new hybrids, and their widespread adoption is driven by their excellent disease resistance, extended shelf life, high yield, and adaptability.
Mexico has the fastest-growing segment by nation. The growth was aided by an increase in farmer understanding of the harvest cycle and a rise in demand from the nation's cattle herds as a result of the product's increased protein content.
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