| Product Code: ETC379769 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see a significant influx of alfalfa imports, with top exporting countries including Australia, Spain, USA, Mexico, and Thailand in 2024. The High Herfindahl-Hirschman Index (HHI) indicates a concentration of suppliers in the market. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at an impressive 12.33%, showcasing sustained growth. Additionally, the growth rate from 2023 to 2024 surged by 44.24%, indicating a rapid expansion in alfalfa import shipments to the Philippines.

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.
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.
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.
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.
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.
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