Global Alfalfa Hay Market Growth 2023-2029

Global Alfalfa Hay Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Alfalfa Hay Industry Forecast” looks at past sales and reviews total world Alfalfa Hay sales in 2022, providing a comprehensive analysis by region and market sector of projected Alfalfa Hay sales for 2023 through 2029. With Alfalfa Hay sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Alfalfa Hay industry.
This Insight Report provides a comprehensive analysis of the global Alfalfa Hay landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Alfalfa Hay portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Alfalfa Hay market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Alfalfa Hay and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Alfalfa Hay.
The global Alfalfa Hay market size is projected to grow from US$ 29220 million in 2022 to US$ 35450 million in 2029; it is expected to grow at a CAGR of 35450 from 2023 to 2029.
Global Alfalfa Hay key players include Anderson Hay, ACX Global, Bailey Farms, Grupo Osés, 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.
This report presents a comprehensive overview, market shares, and growth opportunities of Alfalfa Hay market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alfalfa Hay Bales
Alfalfa Hay Pellets
Alfalfa Hay Cubes
Others
Segmentation by application
Dairy Cow Feed
Beef Cattle & Sheep Feed
Pig Feed
Poultry Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Anderson Hay
ACX Global
Bailey Farms
Aldahra Fagavi
Grupo Osés
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Alfalfa Hay market?
What factors are driving Alfalfa Hay market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Alfalfa Hay market opportunities vary by end market size?
How does Alfalfa Hay break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.