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Alfalfa Hay Market, Global Outlook and Forecast 2023-2029

Alfalfa Hay Market, Global Outlook and Forecast 2023-2029

  • Published on : 28 March 2023
  • Pages :120
  • Report Code:SMR-7618570

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Report overview

Alfalfa hay is an excellent source of good quality protein and fiber. Alfalfa is a legume hay and is sometimes called ?lucerne?. These hays are higher in protein and minerals and are more palatable than grass hays. Alfalfa in particular is high in energy and is an excellent source of vitamins and minerals. When properly cured, alfalfa is the best of the legume hays from a nutrient standpoint. It has the most feed value of all the perennial pasture forages. Alfalfa is used as for horses, dairy cows, beef cattle, sheep, chickens, turkeys and other farm animals.
This report aims to provide a comprehensive presentation of the global market for Alfalfa Hay, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alfalfa Hay. This report contains market size and forecasts of Alfalfa Hay in global, including the following market information:
Global Alfalfa Hay Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Alfalfa Hay Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Alfalfa Hay companies in 2022 (%)
The global Alfalfa Hay market was valued at US$ 30730 million in 2022 and is projected to reach US$ 36740 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Alfalfa Hay key players include Anderson Hay, ACX Global, Bailey Farms, Grupo Os?s, Aldahra Fagavi, etc. Global top five manufacturers hold a share about 3%. North America is the largest market, with a share about 60%, followed by Europe and South America, both with a share about 15 percent. In terms of product, Alfalfa Hay Bales is the largest segment, with a share about 55%. And in terms of application, the largest application is Dairy Cow Feed, followed by Beef Cattle & Sheep Feed, Pig Feed, Poultry Feed, etc.
We surveyed the Alfalfa Hay manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alfalfa Hay Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alfalfa Hay Market Segment Percentages, by Type, 2022 (%)
Alfalfa Hay Bales
Alfalfa Hay Pellets
Alfalfa Hay Cubes
Others
Global Alfalfa Hay Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alfalfa Hay Market Segment Percentages, by Application, 2022 (%)
Dairy Cow Feed
Beef Cattle & Sheep Feed
Pig Feed
Poultry Feed
Others
Global Alfalfa Hay Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alfalfa Hay Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alfalfa Hay revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Alfalfa Hay revenues share in global market, 2022 (%)
Key companies Alfalfa Hay sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Alfalfa Hay sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Anderson Hay
ACX Global
Bailey Farms
Aldahra Fagavi
Grupo Os?s
Gruppo Carli
Border Valley Trading
Barr-Ag
Alfa Tec
Standlee Hay
Sacate Pellet Mills
Oxbow Animal Health
M&C Hay
Accomazzo
Huishan Diary
Qiushi Grass Industry
Beijing HDR Trading
Beijing Lvtianyuan Ecological Farm
Modern Grassland
Inner Mongolia Dachen Agriculture
Inner Mongolia HuangYangwa Grass Industry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alfalfa Hay, market overview.
Chapter 2: Global Alfalfa Hay market size in revenue and volume.
Chapter 3: Detailed analysis of Alfalfa Hay manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Alfalfa Hay in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Alfalfa Hay capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.