Philippines Alfalfa Market (2025-2031) Outlook | Size, Forecast, Analysis, Share, Industry, Revenue, Growth, Trends, Companies & Value

Name: Philippines Alfalfa Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Alfalfa Market, Philippines Alfalfa Market, Philippines Alfalfa Market Revenues, Philippines Alfalfa Market Share, Philippines Alfalfa Market Size, Philippines Alfalfa Market Outlook, Philippines Alfalfa Market Report, Philippines Alfalfa Market Competition, Philippines Alfalfa Market Overview, Philippines Alfalfa Market Trends, Philippines Alfalfa Market Forecast

Market Forecast By Product Type (Pellets, Hay Bales, Cubes, Others), By Livestock (Ruminants, Equine, Others) And Competitive Landscape

Product Code: ETC379769	Publication Date: Aug 2022	Updated Date: Feb 2025	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Alfalfa Market Competition 2023

Philippines Alfalfa market currently, in 2023, has witnessed an HHI of 3499, Which has decreased moderately as compared to the HHI of 4322 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

philippines alfalfa market Synopsis

The Philippines alfalfa market is estimated to be worth a total of USD 24 million in 2025, with exports accounting for approximately 20% of the total market. Alfalfa production in the country has grown steadily over the past decade, reaching an estimated 13 thousand metric tons (MT) in 2025. The main markets for Philippine alfalfa are Japan and South Korea, where it is primarily used as feedstock in animal husbandry operations.

Drivers of the Market

The alfalfa market in the Philippines is primarily driven by the livestock and dairy industries. Alfalfa is a nutritious forage crop used as animal feed, particularly for dairy cows, horses, and other livestock. The demand for high-quality animal feed to support healthy growth and milk production is a key driver in this market. Additionally, the market is influenced by the trend of sustainable and organic farming practices, where alfalfa`s role in promoting animal health aligns with consumer preferences for quality dairy and meat products.

Challenges of the Market

The Philippines alfalfa market primarily serves the livestock industry. Yet, challenges exist in terms of import dependency, ensuring product freshness, and addressing the specific nutritional needs of different livestock segments.

COVID-19 Impact on the Market

The Philippines alfalfa market, closely tied to the livestock and animal husbandry sectors, faced difficulties during the pandemic. Fluctuations in demand for dairy and meat products influenced the need for alfalfa as animal feed. Moreover, challenges in importing due to restricted trade posed obstacles for the market. As the economy stabilizes and trade improves, the alfalfa market is projected to witness moderate growth, driven by a resurgence in livestock-related activities.

Key Players in the Market

The alfalfa market in the Philippines serves the livestock and animal feed industry. Key players include feed companies like Agricom International and Cargill Philippines. These companies import and distribute alfalfa, a valuable forage crop, to meet the nutritional needs of livestock, particularly in the dairy and equine sectors.

Key Highlights of the Report:

Philippines Alfalfa Market Outlook
Market Size of Philippines Alfalfa Market, 2024
Forecast of Philippines Alfalfa Market, 2031
Historical Data and Forecast of Philippines Alfalfa Revenues & Volume for the Period 2021-2031
Philippines Alfalfa Market Trend Evolution
Philippines Alfalfa Market Drivers and Challenges
Philippines Alfalfa Price Trends
Philippines Alfalfa Porter's Five Forces
Philippines Alfalfa Industry Life Cycle
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Pellets for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Hay Bales for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Cubes for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Livestock for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Ruminants for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Equine for the Period 2021-2031
Historical Data and Forecast of Philippines Alfalfa Market Revenues & Volume By Others for the Period 2021-2031
Philippines Alfalfa Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Livestock
Philippines Alfalfa Top Companies Market Share
Philippines Alfalfa Competitive Benchmarking By Technical and Operational Parameters
Philippines Alfalfa Company Profiles
Philippines Alfalfa Key Strategic Recommendations