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Global Alfalfa Market Size study & Forecast, by Type (Hay Bales, Cubes, Pellets and Others), by Livestock (Ruminants, Horses, Poultry and Others) and Regional Analysis, 2023-2030

February 2024 | 200 pages | ID: G9726703EC19EN
Bizwit Research & Consulting LLP

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Global Alfalfa Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. The market's growth is driven by the increasing demand for premium forage for livestock, with alfalfa standing out as a highly nutritious feed source for various animals, including dairy cows, horses, and cattle. Recognized for its richness in protein, vitamins, and minerals, alfalfa plays a pivotal role in providing essential nutrients crucial for milk production, particularly in dairy cows. Its high calcium content is especially beneficial for maintaining robust bone health and supporting optimal milk production. Additionally, the presence of phosphorus contributes to overall cow well-being. The fiber content in alfalfa aids in promoting healthy rumen function, a key factor in digestion and nutrient absorption in cows. Notably, the product's palatability is a significant factor, encouraging dairy cows to consume sufficient feed.

Alfalfa cultivation offers flexibility, allowing for either seed-based or transplant-based planting methods, although seeding is more prevalent. Multiple harvests can be conducted throughout the growing season, with the timing of the initial harvest being crucial—ideally, it should coincide with the bud or early bloom stage to ensure optimal nutrient content. Following harvesting, alfalfa can undergo field drying or be processed into haylage or silage to facilitate preservation. Proper attention to drying and storage processes is imperative to uphold the forage's quality.

The key regions considered for the Global Alfalfa Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America emerged as the dominant region in the market, largely driven by the robust production and export activities of alfalfa from the United States to global destinations. The region's substantial livestock population requires a consistent supply of nutritious forage, a demand that alfalfa effectively meets. The U.S. equestrian industry extensively relies on alfalfa to cater to the nutritional requirements of horses engaged in various disciplines, spanning from racing to recreational riding. Moreover, the significant demand for alfalfa stems from the U.S. dairy industry, where the nutritional richness of the forage, particularly its elevated protein content and calcium levels, positions it as an optimal choice for supporting robust milk production.

Looking ahead, the Asia Pacific region is anticipated to witness fastestCompound Annual Growth Rate (CAGR) throughout the forecast period. This growth is propelled by the escalating consumption of dairy products and meat in the region, consequently driving the demand for high-quality forage. Certain countries in the Asia-Pacific, such as China and Japan, face limitations in terms of arable land and water resources for forage production. Consequently, these nations heavily rely on alfalfa imports, along with other forage crops, to fulfill the dietary needs of their livestock. This dependency contributes to the anticipated growth of the alfalfa market in the Asia Pacific region.

Major market player included in this report are:

Alfalfa Monegros SL

Anderson Hay & Grain Inc.

Al Dahra ACX Global Inc.

Standlee Premium Products, LLC

Bailey Farms

Cubeit Hay Company

Green Prairie International

Haykingdom Inc.

Elsoms Seeds Ltd.

Grupo Osйs

Global Alfalfa Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Type, Livestock, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Rest of the World
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Hay Bales

Cubes

Pellets

Others

By Livestock:

Ruminants

Horses

Poultry

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World
CHAPTER 1 EXECUTIVE SUMMARY

1.1 Market Snapshot
1.2 Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1 Alfalfa Market, by region, 2020-2030 (USD Billion)
  1.2.2 Alfalfa Market, by Type, 2020-2030 (USD Billion)
  1.2.3 Alfalfa Market, by Livestock, 2020-2030 (USD Billion)
1.3 Key Trends
1.4 Estimation Methodology
1.5 Research Assumption

CHAPTER 2 GLOBAL ALFALFA MARKET DEFINITION AND SCOPE

2.1 Objective of the Study
2.2 Market Definition & Scope
  2.2.1 Industry Evolution
  2.2.2 Scope of the Study
2.3 Years Considered for the Study
2.4 Currency Conversion Rates

CHAPTER 3 GLOBAL ALFALFA MARKET DYNAMICS

3.1 Alfalfa Market Impact Analysis (2020-2030)
  3.1.1 Market Drivers
    3.1.1.1 Growing demand for Livestock Feed
    3.1.1.2 Expansion of Dairy and Meat Industries:
  3.1.2 Market Challenges
    3.1.2.1 Water Scarcity and drought conditions
    3.1.2.2 Competition with other forage crops
  3.1.3 Market Opportunities
    3.1.3.1 Expanding applications in the health and wellness sector
    3.1.3.2 Focus on sustainable agriculture

CHAPTER 4 GLOBAL ALFALFA MARKET: INDUSTRY ANALYSIS

4.1 Porter’s 5 Force Model
  4.1.1 Bargaining Power of Suppliers
  4.1.2 Bargaining Power of Buyers
  4.1.3 Threat of New Entrants
  4.1.4 Threat of Substitutes
  4.1.5 Competitive Rivalry
4.2 Porter’s 5 Force Impact Analysis
4.3 PEST Analysis
  4.3.1 Political
  4.3.2 Economic
  4.3.3 Social
  4.3.4 Technological
  4.3.5 Environmental
  4.3.6 Legal
4.4 Top investment opportunity
4.5 Top winning strategies
4.6 COVID-19 Impact Analysis
4.7 Disruptive Trends
4.8 Industry Expert Perspective
4.9 Analyst Recommendation & Conclusion

CHAPTER 5 GLOBAL ALFALFA MARKET, BY TYPE

5.1 Market Snapshot
5.2 Global Alfalfa Market by Type, Performance - Potential Analysis
5.3 Global Alfalfa Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4 Alfalfa Market, Sub Segment Analysis
  5.4.1 Hay Bales
  5.4.2 Cubes
  5.4.3 Pellets
  5.4.4 Others

CHAPTER 6 GLOBAL ALFALFA MARKET, BY LIVESTOCK

6.1 Market Snapshot
6.2 Global Alfalfa Market by Livestock, Performance - Potential Analysis
6.3 Global Alfalfa Market Estimates & Forecasts by Livestock 2020-2030 (USD Billion)
6.4 Alfalfa Market, Sub Segment Analysis
  6.4.1 Ruminants
  6.4.2 Horses
  6.4.3 Poultry
  6.4.4 Others

CHAPTER 7 GLOBAL ALFALFA MARKET, REGIONAL ANALYSIS

7.1 Top Leading Countries
7.2 Top Emerging Countries
7.3 Alfalfa Market, Regional Market Snapshot
7.4 North America Alfalfa Market
  7.4.1 U.S. Alfalfa Market
    7.4.1.1 Type breakdown estimates & forecasts, 2020-2030
    7.4.1.2 Livestock breakdown estimates & forecasts, 2020-2030
  7.4.2 Canada Alfalfa Market
7.5 Europe Alfalfa Market Snapshot
  7.5.1 U.K. Alfalfa Market
  7.5.2 Germany Alfalfa Market
  7.5.3 France Alfalfa Market
  7.5.4 Spain Alfalfa Market
  7.5.5 Italy Alfalfa Market
  7.5.6 Rest of Europe Alfalfa Market
7.6 Asia-Pacific Alfalfa Market Snapshot
  7.6.1 China Alfalfa Market
  7.6.2 India Alfalfa Market
  7.6.3 Japan Alfalfa Market
  7.6.4 Australia Alfalfa Market
  7.6.5 South Korea Alfalfa Market
  7.6.6 Rest of Asia Pacific Alfalfa Market
7.7 Latin America Alfalfa Market Snapshot
  7.7.1 Brazil Alfalfa Market
  7.7.2 Mexico Alfalfa Market
7.8 Rest of The World Alfalfa Market

CHAPTER 8 COMPETITIVE INTELLIGENCE

8.1 Key Company SWOT Analysis
  8.1.1 Company
  8.1.2 Company
  8.1.3 Company
8.2 Top Market Strategies
8.3 Company Profiles
  8.3.1 Alfalfa Monegros SL
    8.3.1.1 Key Information
    8.3.1.2 Overview
    8.3.1.3 Financial (Subject to Data Availability)
    8.3.1.4 Product Summary
    8.3.1.5 Recent Developments
  8.3.2 Anderson Hay & Grain Inc.
  8.3.3 Al Dahra ACX Global Inc.
  8.3.4 Standlee Premium Products, LLC
  8.3.5 Bailey Farms
  8.3.6 Cubeit Hay Company
  8.3.7 Green Prairie International
  8.3.8 Haykingdom Inc.
  8.3.9 Elsoms Seeds Ltd.
  8.3.10 Grupo Osйs

CHAPTER 9 RESEARCH PROCESS

9.1 Research Process
  9.1.1 Data Mining
  9.1.2 Analysis
  9.1.3 Market Estimation
  9.1.4 Validation
  9.1.5 Publishing
9.2 Research Attributes
9.3 Research Assumption

LIST OF TABLES

TABLE 1 Global Alfalfa Market, report scope
TABLE 2 Global Alfalfa Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3 Global Alfalfa Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4 Global Alfalfa Market estimates & forecasts by Livestock 2020-2030 (USD Billion)
TABLE 5 Global Alfalfa Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6 Global Alfalfa Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7 Global Alfalfa Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8 Global Alfalfa Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9 Global Alfalfa Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10 Global Alfalfa Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11 Global Alfalfa Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12 Global Alfalfa Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13 Global Alfalfa Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14 Global Alfalfa Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15 U.S. Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16 U.S. Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17 U.S. Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18 Canada Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19 Canada Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20 Canada Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21 UK Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22 UK Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23 UK Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24 Germany Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25 Germany Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26 Germany Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27 France Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28 France Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29 France Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30 Italy Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31 Italy Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32 Italy Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33 Spain Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34 Spain Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35 Spain Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36 RoE Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37 RoE Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38 RoE Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39 China Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40 China Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41 China Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42 India Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43 India Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44 India Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45 Japan Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46 Japan Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47 Japan Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48 South Korea Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49 South Korea Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50 South Korea Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51 Australia Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52 Australia Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53 Australia Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54 RoAPAC Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55 RoAPAC Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56 RoAPAC Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57 Brazil Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58 Brazil Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59 Brazil Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60 Mexico Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61 Mexico Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62 Mexico Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63 RoLA Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64 RoLA Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65 RoLA Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66 Row Alfalfa Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67 Row Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68 Row Alfalfa Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69 List of secondary sources, used in the study of global Alfalfa Market
TABLE 70 List of primary sources, used in the study of global Alfalfa Market
TABLE 71 Years considered for the study
TABLE 72 Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1 Global Alfalfa Market, research methodology
FIG 2 Global Alfalfa Market, Market estimation techniques
FIG 3 Global Market size estimates & forecast methods
FIG 4 Global Alfalfa Market, key trends 2022
FIG 5 Global Alfalfa Market, growth prospects 2023-2030
FIG 6 Global Alfalfa Market, porters 5 force model
FIG 7 Global Alfalfa Market, pest analysis
FIG 8 Global Alfalfa Market, value chain analysis
FIG 9 Global Alfalfa Market by segment, 2020 & 2030 (USD Billion)
FIG 10 Global Alfalfa Market by segment, 2020 & 2030 (USD Billion)
FIG 11 Global Alfalfa Market by segment, 2020 & 2030 (USD Billion)
FIG 12 Global Alfalfa Market by segment, 2020 & 2030 (USD Billion)
FIG 13 Global Alfalfa Market by segment, 2020 & 2030 (USD Billion)
FIG 14 Global Alfalfa Market, regional snapshot 2020 & 2030
FIG 15 North America Alfalfa Market 2020 & 2030 (USD Billion)
FIG 16 Europe Alfalfa Market 2020 & 2030 (USD Billion)
FIG 17 Asia pacific Alfalfa Market 2020 & 2030 (USD Billion)
FIG 18 Latin America Alfalfa Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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