Market Research

Global Alfalfa Market Analysis 2022

Best Price Guarantee Publisher Published Date SKU
from $2,800 Syngene Research LLP March, 2022 SYNR17296609
Best Price Guarantee
Price from $2,800
Publisher Syngene Research LLP
Published Date March, 2022
SKU SYNR17296609

Global Alfalfa Market Analysis 2022

The Global Alfalfa Market is expected to reach $40.47 billion by 2028 growing at a CAGR of 9.3% from 2021 to 2028. Alfalfa is a flowering plant that belongs to the pea family, cultivated as a forage crop across various specific parts of the world. Alfalfa plants contain vitamins such as A, B1, B6, C, E, and K. It also contains minerals such as strontium, manganese, chlorine, calcium, boron, nickel, and sodium. Therefore, it is expected to find increased usage in medicines globally. In the agriculture industry, the Alfalfa flowering plant is a key legume. It is used in some regions for hay, silage, feeding, chaff, and others. Alfalfa provides high-quality supplements as compared to other plants used as fodder.

Factors such as growing demand for roughage in livestock feed, increasing high quality hay demand for increasing milk production in dairy cattle, and increased demand for nutritious animal feed are driving the growth of the market. However, gap between demand and supply of cattle feed is restraining the growth of the market.

Based on distribution channel, the direct segment is anticipated to witness the fastest CAGR growth during the forecast period, as the cattle farm owners and poultry farm owners prefer to buy from original sources to make sure that animals and birds domesticated by them would get the right kind of food as well as the right amount, which has contributed towards the segment’s growth in the global market.

The key vendors mentioned are Border Valley, Los Venteros S.C., Al Dahra ACX Global, Inc., Anderson Hay & Grain Inc., Haykingdom Inc., SL Follen Company, Cubeit Hay Company, McCracken Hay Company, Accomazzo Company, Alfalfa Monegros S.L., Barr AG Ltd., Hay USA Inc., Oregon Hay Products Inc., Standlee Premium Products LLC, Mitsubishi Corp., and Green Prairie International Inc.

Livestocks Covered:

  • Ruminants
  • Equine
  • Poultry
  • Other Livestocks
Feed Types Covered:
  • Hay Bales
  • Cubes
  • Pellets
  • Other Product Types
Products Covered:
  • Natural
  • Organic
  • Special Dietary Needs
Distribution Channels Covered:
  • Indirect
  • Direct
Applications Covered:
  • Wellness
  • Food
  • Floral
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Alfalfa Market, By Livestock
5.1 Introduction
5.2 Ruminants
5.3 Equine
5.4 Poultry
5.5 Other Livestocks
6 Global Alfalfa Market, By Feed Type
6.1 Introduction
6.2 Hay Bales
6.3 Cubes
6.4 Pellets
6.5 Other Product Types
7 Global Alfalfa Market, By Product
7.1 Introduction
7.2 Natural
7.3 Organic
7.4 Special Dietary Needs
8 Global Alfalfa Market, By Distribution Channel
8.1 Introduction
8.2 Indirect
8.3 Direct
9 Global Alfalfa Market, By Application
9.1 Introduction
9.2 Wellness
9.3 Food
9.4 Floral
10 Global Alfalfa Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Border Valley
12.2 Los Venteros S.C.
12.3 Al Dahra ACX Global, Inc.
12.4 Anderson Hay & Grain Inc.
12.5 Haykingdom Inc.
12.6 SL Follen Company
12.7 Cubeit Hay Company
12.8 McCracken Hay Company
12.9 Accomazzo Company
12.10 Alfalfa Monegros S.L.
12.11 Barr AG Ltd.
12.12 Hay USA Inc.
12.13 Oregon Hay Products Inc.
12.14 Standlee Premium Products LLC
12.15 Mitsubishi Corp.
12.16 Green Prairie International Inc.
List of Data Tables
Table 1 Global Alfalfa Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 3 Global Alfalfa Market Outlook, By Ruminants (2020-2028) ($MN)
Table 4 Global Alfalfa Market Outlook, By Equine (2020-2028) ($MN)
Table 5 Global Alfalfa Market Outlook, By Poultry (2020-2028) ($MN)
Table 6 Global Alfalfa Market Outlook, By Other Livestocks (2020-2028) ($MN)
Table 7 Global Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 8 Global Alfalfa Market Outlook, By Hay Bales (2020-2028) ($MN)
Table 9 Global Alfalfa Market Outlook, By Cubes (2020-2028) ($MN)
Table 10 Global Alfalfa Market Outlook, By Pellets (2020-2028) ($MN)
Table 11 Global Alfalfa Market Outlook, By Other Product Types (2020-2028) ($MN)
Table 12 Global Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 13 Global Alfalfa Market Outlook, By Natural (2020-2028) ($MN)
Table 14 Global Alfalfa Market Outlook, By Organic (2020-2028) ($MN)
Table 15 Global Alfalfa Market Outlook, By Special Dietary Needs (2020-2028) ($MN)
Table 16 Global Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 17 Global Alfalfa Market Outlook, By Indirect (2020-2028) ($MN)
Table 18 Global Alfalfa Market Outlook, By Direct (2020-2028) ($MN)
Table 19 Global Alfalfa Market Outlook, By Application (2020-2028) ($MN)
Table 20 Global Alfalfa Market Outlook, By Wellness (2020-2028) ($MN)
Table 21 Global Alfalfa Market Outlook, By Food (2020-2028) ($MN)
Table 22 Global Alfalfa Market Outlook, By Floral (2020-2028) ($MN)
Table 23 North America Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 24 North America Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 25 North America Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 26 North America Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 27 North America Alfalfa Market Outlook, By Application (2020-2028) ($MN)
Table 28 Europe Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 29 Europe Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 30 Europe Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 31 Europe Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 32 Europe Alfalfa Market Outlook, By Application (2020-2028) ($MN)
Table 33 Asia Pacific Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 34 Asia Pacific Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 35 Asia Pacific Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 36 Asia Pacific Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 37 Asia Pacific Alfalfa Market Outlook, By Application (2020-2028) ($MN)
Table 38 South America Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 39 South America Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 40 South America Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 41 South America Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 42 South America Alfalfa Market Outlook, By Application (2020-2028) ($MN)
Table 43 Middle East & Africa Alfalfa Market Outlook, By Livestock (2020-2028) ($MN)
Table 44 Middle East & Africa Alfalfa Market Outlook, By Feed Type (2020-2028) ($MN)
Table 45 Middle East & Africa Alfalfa Market Outlook, By Product (2020-2028) ($MN)
Table 46 Middle East & Africa Alfalfa Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 47 Middle East & Africa Alfalfa Market Outlook, By Application (2020-2028) ($MN)

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