Global Alfalfa Market Is Expected to Grow at a Steady CAGR of 5.2% Between 2018 and 2023, North America Has a Nearly 30% Market Share and Is Expected to Maintain Its Position During the Forecast Period

Global Alfalfa Market Is Expected to Grow at a Steady CAGR of 5.2% Between 2018 and 2023, North America Has a Nearly 30% Market Share and Is Expected to Maintain Its Position During the Forecast Period

Auguest 26, 2021, New York, USA - Alfalfa is a herb that has plenty of medicinal properties. Other name for Alfalfa are Lucerne and Medicago Sativa. This plant is grown as feed for livestock for many centuries. 

Compared to other feed sources, the Alfalfa was long cherished for its superior content of vitamins, minerals, and protein. It is consumed as a rich source of minerals, calcium, potassium, phosphorous, iron and vitamin A, C, E.  

Alfalfa is used in the form of leaves, sprouts, and seeds to make medicine. 

Health Benefits of the Alfalfa Extract:

Here are 7 benefits of Alfalfa

Help In Weight Loss

This superfood is rich in fiber and other nutrients that can block Ghrelin. Ghrelin is a hunger hormone. However, when it is stopped, many people don't feel hungry or crave food.

May Lower Blood Pressure

Studies on animals and humans have shown that Alfalfa can reduce cholesterol. Saponins are found in Alfalfa, which is glucosides, and it has an amazing foaming ability. Soap is the root word here. Imagine your digestive system being scrubbed with soap. The fiber and this process help to lower cholesterol levels. Doctors consultation is must before you use it.

Balance Blood Sugar Levels

This sprout has no glycemic load and will not spike insulin, high in fiber, which helps to balance blood sugar levels. Optimal health offers a sustained, balanced blood sugar level over a long period of time. You know those times after you finish eating that you feel satisfied, energized, and light? In many cases, this is due to the hormonal effects of balanced blood sugar levels.

Lower risk of certain diseases

Free radicals can cause cell damage and oxidative stress in the body, which could increase your risk of developing heart disease, diabetes, Alzheimer's, and other diseases. Alfalfa's antioxidants fight free radicals and can help you fight these diseases.

Detoxifies the Body

Due to its diuretic qualities, Alfalfa has been used widely in the treatment and prevention of kidney disease. Alfalfa stimulates more frequent urination, which can accelerate the body's detoxification.

Healthy Urinary Tract

Alfalfa is a natural diuretic that promotes the flow of urine, which can aid in the elimination of harmful bacteria. Although it isn't a proven treatment for an active urinary tract infection, it can help to prevent one from developing.

Increases Bowel Movements

The body heavily depends on dietary fiber to optimize and monitor its digestive health. The body relies on dietary fiber to increase stool bulk and speed up movement through the bowels. It can also help reduce inflammation. It can also help with constipation, indigestion, bloating, cramping, and diarrhoea. For better bowel function, alfalfa tablets should be taken regularly.

The Global Alfalfa Extract Market Forecast:

Regional outlook of Alfalfa Extract Market

The main regions where Alfalfa is grown are North America, Europe, and the Asia-Pacific. North America is the largest producer of Alfalfa because it is used in large quantities for the production of biofuel. Research into Alfalfa's potential use in biofuel production is attracting huge capital investments. The largest exporter of Alfalfa is North America. Alfalfa is exported to Japan, the Middle East, and Africa from this region. China and India have deep penetration in the Asia Pacific region for Alfalfa, as these regions use the extract for its medicinal properties.

Market Drivers of Alfalfa Extract:

The pharmaceutical industry and the dairy industry require a lot of alfalfa extract because it is used extensively in the production of medicines and forage foods. Alfalfa extract could be driven by increasing demand for dairy products, increased demand for forage foods, and treatment of health conditions such as asthma, diabetes, and hormonal imbalance. Alfalfa extraction will be used in biofuel production, which is expected to also fuel the market for Alfalfa.

Restraints of Alfalfa Extract Market:

The production of Alfalfa extract is limited to North America and Europe, as well as Asia-Pacific. There are many Alfalfa exporters from the U.S. and China, but there are not enough distribution channels. Although Alfalfa extract was introduced to new markets such as the Middle East, the lack of adequate advertisement and information among buyers and consumers is a major problem for the Alfalfa market.

The Key Market Segmentation of the Global Alfalfa Extract Market:

Alfalfa Extract is segmented on the basis of product types, Applications, Geography, etc.

Based on the Product’s Type, the Market Segmented into:

  • Food Grade
  • Medical Grade

Based on the Product’s Application, the Market Segmented Into:  

  • Dietary supplement
  • Medicine
  • Other

Based on a Geography, The Market Is Segmented Into:

The Global Alfalfa Market is divided geographically in the following regions:

  • North America (NA)
  • Europe (EU)
  • Asia-Pacific (APAC)
  • Latin America (LA)
  • The Middle East and Africa (MEA)

These Are The Key Players in the Global Alfalfa Extract Market:

  • Teva Skin Care
  • GNC
  • Nutrilite
  • Xi'an Tianyi
  • Hunan Nutramax
  • Refine Biology
  • Xi'an Mingze
  • Hangzhou Botanical Technology

The Global Alfalfa Extract Market Report Highlights:

The Global Alfalfa Extract Market is projected to register a steady CAGR of 5.2% during the forecast period (2018-2023).

North America has a nearly 30% market share and is expected to maintain its position during the forecast period.

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