Adding up to be the nation’s third most value crop as an $8.7 billion industry per year, alfalfa is a common sight on many dairies because of its nutrient profile.
Alfalfa dominates crop markets across the Colorado River basin. Farmers across the West grow about 6.8 million acres of the legume hay that, combined, is worth billions of dollars.
Alfalfa protein concentrate market is expected to be valued at ~US$ 193 Mn in 2020, which is projected to rise at a CAGR of ~7%, to reach US$ 375 Mn by 2030 ...