The global alfalfa protein concentrate market is valued at US$237.2 million in 2026 and is projected to reach US$340.5 million by 2033, growing at a CAGR of 5.3%.
Growth is driven by increasing demand for non-GMO plant proteins and expanding use of alfalfa protein in animal feed and plant-based food products.
The Animal Feed segment leads with a 71.0% market share, supported by strong demand for high-protein, nutrient-rich feed ingredients in livestock and dairy production.
Europe dominates the market with a 36.0% share, driven by established alfalfa processing infrastructure, strong agricultural production, and supportive sustainability regulations.
Key opportunities include expanding use in aquaculture feed, plant-based nutrition products, and sustainable protein ingredient applications.