Alfalfa Market Synopsis
Global Alfalfa Market Size Was Valued at USD 265.33 metric tons In 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.
Alfalfa is a tonic plant rich in proteins, minerals, enzymes, and vitamins. A bulk quantity of the whole plant is required in the pharmaceutical industries, especially for homeopathic pharmacies.
- The increasing awareness regarding animal nutrition among the people is one of the important key factors driving the growth of the market. This can be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufacturers are using innovative processing and harvesting machinery to produce long-fiber hay cubes and hay products with enhanced fiber content.
- In the US, beef industries have the most influence over alfalfa and hay prices. In terms of regional analysis, North America, particularly the US is the largest producer as well as exporter of alfalfa owing to the country's excellent geographical conditions. The country is known for its various best-quality alfalfa products.
- China imports more than 50 percent of alfalfa products exported by the US owing to the increasing number of dairy and cattle farming in the country. Thus, the increasing consumption and rising demand are leading to the rapid growth of the Alfalfa market in the forecasted years.
Alfalfa Market Trend Analysis
The Increasing Number of Milk Animals
- The rising milk-producing animal population is one of the prominent factors boosting the development of the alfalfa market. Alfalfa is known for its rich source of protein, high nutrient content, and energy that helps in improving lactation, reproduction, maintenance, and growth of the livestock.
- Over the long term, there has been a rise in demand from commercial dairy operators for alfalfa which is further anticipated to increase due to the increase in investment in large-scale dairy operations.
- The usage of alfalfa has become crucial to poultry feed, followed by animal feed in recent years owing to its importance for crude protein content. The growing dependence on alfalfa for animal feed is increasing exponentially thereby, stimulating the expansion of the alfalfa market over the forecast period.
Increasing Consciousness Regarding Animal Nutrition Creates an Opportunity Line Here
- The growing awareness of the crucial role of animal nutrition in overall health has presented a significant opportunity for the alfalfa market. As consumers become increasingly conscious of the quality of animal products, such as meat and dairy, there is a heightened demand for nutritious and natural feed sources. Alfalfa, with its rich nutritional profile, is gaining prominence as an essential component in animal diets.
- Alfalfa is a high-quality forage that is rich in protein but also contains essential vitamins and minerals. Its inclusion in animal feed enhances the nutritional value of the end products, meeting the discerning preferences of health-conscious consumers. Moreover, the sustainable and eco-friendly nature of alfalfa cultivation aligns with the growing emphasis on ethical and responsible agricultural practices.
- As the awareness of the direct link between animal nutrition and the quality of animal-derived products continues to rise, the alfalfa market is poised for expansion. Producers and suppliers in the agricultural sector have an opportunity to capitalize on this trend by promoting the benefits of alfalfa-based feeds, thereby contributing to the overall improvement of animal welfare and the production of healthier food options for consumers.
Alfalfa Market Segment Analysis:
Alfalfa Market Segmented based on type, application, and Animal type.
By Animal Type, cattle segment is expected to dominate the market during the forecast period
- The cattle segment is poised to assert its dominance in the alfalfa market, driven by various factors that align with the nutritional needs and feeding preferences of cattle. Alfalfa, a highly nutritious forage crop, serves as a staple in the diet of cattle due to its rich content of proteins, vitamins, and minerals. This makes it an ideal choice for livestock, particularly in the beef and dairy industries.
- Cattle farmers widely recognize the benefits of incorporating alfalfa into the feed regimen for their herds. The forage's high protein content is crucial for promoting muscle development, milk production in dairy cows, and overall animal health. Additionally, the digestibility of alfalfa makes it an efficient and valuable source of nutrients for cattle.
By Application, Dairy cow feed segment held the largest share of 48.7% in 2022
- The dairy cow feed segment is poised to assert dominance in the alfalfa market, reflecting the pivotal role of alfalfa in supporting optimal nutrition for dairy cattle. This prominence is underpinned by the exceptional nutritional profile of alfalfa, which aligns with the specific dietary requirements of dairy cows. As a rich source of protein, fiber, and essential nutrients, alfalfa proves instrumental in enhancing milk production and quality.
- Dairy farmers recognize the significance of incorporating alfalfa into the feed regimen for their cows, as it positively impacts milk yield and the overall health of the animals. The high protein content in alfalfa contributes to improved lactation performance, ensuring a robust supply of quality milk.
- Additionally, alfalfa's digestibility and palatability make it a preferred choice in formulating well-balanced and nutritious feed for dairy cows. Its versatility in various forms, including hay and pellets, adds to its appeal for feed manufacturers aiming to create customized blends tailored to the specific needs of dairy cattle.
Alfalfa Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is poised to assert its dominance in the alfalfa market, driven by a combination of favorable climatic conditions, advanced agricultural practices, and increasing demand for high-quality forage. The region's extensive agricultural landscape, particularly in the United States and Canada, provides ideal environments for alfalfa cultivation.
- Alfalfa, known for its nutrient-rich composition and versatility as livestock feed, is a staple in North American agriculture. The region's commitment to modern farming techniques, including precision agriculture and genetic advancements, further enhances alfalfa yields and quality. These innovations contribute to a robust and competitive alfalfa market.
- Moreover, the escalating demand for alfalfa from the livestock industry, particularly dairy and beef production, fuels North America's dominance. As consumers prioritize healthier and more sustainable food options, the nutritional benefits of alfalfa make it a preferred choice for livestock feed. This trend is expected to sustain and strengthen North America's leadership in the global alfalfa market.
Alfalfa Market Top Key Players:
- S&W Seed (US)
- Hay USA Inc. (US)
- Oxbow Animal Health (US)
- Bailey Farms International (US)
- Haykingdom Inc (US)
- Mc Cracken Hay (US)
- Cubeit Hay (US)
- Standlee Hay (US)
- Al Dahra ACX Global Inc. (US)
- Anderson Hay & Grain (US)
- Green Prairie International Inc- (Canada)
- Carli Group (Italy)
- Border Valley (India)
- Riverina (Australia)
Key Industry Developments in the Alfalfa Market:
- In February 2023, S&W Seed partnered with the University of California, Davis, to develop new, drought-resistant alfalfa varieties. This collaboration aims to address the growing concern about water scarcity in alfalfa production.
- In April 2023, Oxbow Animal Health acquired Haystack Hay Company, a leading supplier of premium alfalfa hay for small animals. This move expands Oxbow's product portfolio and strengthens its position in the pet hay market.
- In July 2023, Hay kingdom announced a partnership with John Deere to develop and implement precision agriculture technologies for alfalfa farming. This collaboration aims to optimize yields and resource usage.
Global Alfalfa Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 265.33 MT. |
Forecast Period 2023-30 CAGR: |
16.2% |
Market Size in 2030: |
USD 426.11 MT. |
Segments Covered: |
By Feed Type |
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By Application |
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By Animal Type |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTERāS FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTERāS FIVE FORCES ANALYSIS
- ALFALFA MARKET BY FEED TYPE (2016-2030)
- ALFALFA MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- HAYS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 ā 2030F)
- Historic And Forecasted Market Size in Volume (2016 ā 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- BALES
- PELLETS
- CUBES
- ALFALFA MARKET BY APPLICATION (2016-2030)
- ALFALFA MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- DAIRY COW FEED
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 ā 2030F)
- Historic And Forecasted Market Size in Volume (2016 ā 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- CATTLE AND SHEEP FEED
- PIG FEED
- HORSE FEED
- POULTRY FEED
- ALFALFA MARKET BY ANIMAL TYPE (2016-2030)
- ALFALFA MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CATTLE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 ā 2030F)
- Historic And Forecasted Market Size in Volume (2016 ā 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- HORSE
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- ALFALFA Market Share By Manufacturer (2022)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- S&W SEED (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- HAY USA INC. (US)
- OXBOW ANIMAL HEALTH (US)
- BAILEY FARMS INTERNATIONAL (US)
- HAYKINGDOM INC (US)
- MC CRACKEN HAY (US)
- CUBEIT HAY (US)
- STANDLEE HAY (US)
- AL DAHRA ACX GLOBAL INC. (US)
- ANDERSON HAY & GRAIN (US)
- GREEN PRAIRIE INTERNATIONAL INC- (CANADA)
- CARLI GROUP (ITALY)
- BORDER VALLEY (INDIA)
- RIVERINA (AUSTRALIA)
- COMPETITIVE LANDSCAPE
- GLOBAL ALFALFA MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Feed Type
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By Animal Type
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Alfalfa Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 265.33 MT. |
Forecast Period 2023-30 CAGR: |
16.2% |
Market Size in 2030: |
USD 426.11 MT. |
Segments Covered: |
By Feed Type |
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By Application |
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By Animal Type |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ALFALFA MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ALFALFA MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ALFALFA MARKET COMPETITIVE RIVALRY
TABLE 005. ALFALFA MARKET THREAT OF NEW ENTRANTS
TABLE 006. ALFALFA MARKET THREAT OF SUBSTITUTES
TABLE 007. ALFALFA MARKET BY FEED TYPE
TABLE 008. HAYS MARKET OVERVIEW (2016-2028)
TABLE 009. BALES MARKET OVERVIEW (2016-2028)
TABLE 010. PELLETS MARKET OVERVIEW (2016-2028)
TABLE 011. CUBES MARKET OVERVIEW (2016-2028)
TABLE 012. ALFALFA MARKET BY APPLICATION
TABLE 013. DAIRY COW FEED MARKET OVERVIEW (2016-2028)
TABLE 014. CATTLE AND SHEEP FEED MARKET OVERVIEW (2016-2028)
TABLE 015. PIG FEED MARKET OVERVIEW (2016-2028)
TABLE 016. HORSE FEED MARKET OVERVIEW (2016-2028)
TABLE 017. POULTRY FEED MARKET OVERVIEW (2016-2028)
TABLE 018. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 019. ALFALFA MARKET BY ANIMAL TYPE
TABLE 020. CATTLE MARKET OVERVIEW (2016-2028)
TABLE 021. HORSE MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA ALFALFA MARKET, BY FEED TYPE (2016-2028)
TABLE 024. NORTH AMERICA ALFALFA MARKET, BY APPLICATION (2016-2028)
TABLE 025. NORTH AMERICA ALFALFA MARKET, BY ANIMAL TYPE (2016-2028)
TABLE 026. N ALFALFA MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE ALFALFA MARKET, BY FEED TYPE (2016-2028)
TABLE 028. EUROPE ALFALFA MARKET, BY APPLICATION (2016-2028)
TABLE 029. EUROPE ALFALFA MARKET, BY ANIMAL TYPE (2016-2028)
TABLE 030. ALFALFA MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC ALFALFA MARKET, BY FEED TYPE (2016-2028)
TABLE 032. ASIA PACIFIC ALFALFA MARKET, BY APPLICATION (2016-2028)
TABLE 033. ASIA PACIFIC ALFALFA MARKET, BY ANIMAL TYPE (2016-2028)
TABLE 034. ALFALFA MARKET, BY COUNTRY (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA ALFALFA MARKET, BY FEED TYPE (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA ALFALFA MARKET, BY APPLICATION (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA ALFALFA MARKET, BY ANIMAL TYPE (2016-2028)
TABLE 038. ALFALFA MARKET, BY COUNTRY (2016-2028)
TABLE 039. SOUTH AMERICA ALFALFA MARKET, BY FEED TYPE (2016-2028)
TABLE 040. SOUTH AMERICA ALFALFA MARKET, BY APPLICATION (2016-2028)
TABLE 041. SOUTH AMERICA ALFALFA MARKET, BY ANIMAL TYPE (2016-2028)
TABLE 042. ALFALFA MARKET, BY COUNTRY (2016-2028)
TABLE 043. S&W SEED (US): SNAPSHOT
TABLE 044. S&W SEED (US): BUSINESS PERFORMANCE
TABLE 045. S&W SEED (US): PRODUCT PORTFOLIO
TABLE 046. S&W SEED (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. RIVERINA (AUSTRALIA): SNAPSHOT
TABLE 047. RIVERINA (AUSTRALIA): BUSINESS PERFORMANCE
TABLE 048. RIVERINA (AUSTRALIA): PRODUCT PORTFOLIO
TABLE 049. RIVERINA (AUSTRALIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. MC CRACKEN HAY (US): SNAPSHOT
TABLE 050. MC CRACKEN HAY (US): BUSINESS PERFORMANCE
TABLE 051. MC CRACKEN HAY (US): PRODUCT PORTFOLIO
TABLE 052. MC CRACKEN HAY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. CUBEIT HAY (US): SNAPSHOT
TABLE 053. CUBEIT HAY (US): BUSINESS PERFORMANCE
TABLE 054. CUBEIT HAY (US): PRODUCT PORTFOLIO
TABLE 055. CUBEIT HAY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. STANDLEE HAY (US): SNAPSHOT
TABLE 056. STANDLEE HAY (US): BUSINESS PERFORMANCE
TABLE 057. STANDLEE HAY (US): PRODUCT PORTFOLIO
TABLE 058. STANDLEE HAY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. ANDERSON HAY & GRAIN (WA): SNAPSHOT
TABLE 059. ANDERSON HAY & GRAIN (WA): BUSINESS PERFORMANCE
TABLE 060. ANDERSON HAY & GRAIN (WA): PRODUCT PORTFOLIO
TABLE 061. ANDERSON HAY & GRAIN (WA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. BORDER VALLEY (INDIA): SNAPSHOT
TABLE 062. BORDER VALLEY (INDIA): BUSINESS PERFORMANCE
TABLE 063. BORDER VALLEY (INDIA): PRODUCT PORTFOLIO
TABLE 064. BORDER VALLEY (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. CARLI GROUP (ITALY): SNAPSHOT
TABLE 065. CARLI GROUP (ITALY): BUSINESS PERFORMANCE
TABLE 066. CARLI GROUP (ITALY): PRODUCT PORTFOLIO
TABLE 067. CARLI GROUP (ITALY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. HAYKINGDOM INC (US): SNAPSHOT
TABLE 068. HAYKINGDOM INC (US): BUSINESS PERFORMANCE
TABLE 069. HAYKINGDOM INC (US): PRODUCT PORTFOLIO
TABLE 070. HAYKINGDOM INC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. AL DAHRA ACX GLOBAL INC. (LOS ANGELES): SNAPSHOT
TABLE 071. AL DAHRA ACX GLOBAL INC. (LOS ANGELES): BUSINESS PERFORMANCE
TABLE 072. AL DAHRA ACX GLOBAL INC. (LOS ANGELES): PRODUCT PORTFOLIO
TABLE 073. AL DAHRA ACX GLOBAL INC. (LOS ANGELES): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. BAILEY FARMS INTERNATIONAL (US): SNAPSHOT
TABLE 074. BAILEY FARMS INTERNATIONAL (US): BUSINESS PERFORMANCE
TABLE 075. BAILEY FARMS INTERNATIONAL (US): PRODUCT PORTFOLIO
TABLE 076. BAILEY FARMS INTERNATIONAL (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. GREEN PRAIRIE INTERNATIONAL INC- (CANADA): SNAPSHOT
TABLE 077. GREEN PRAIRIE INTERNATIONAL INC- (CANADA): BUSINESS PERFORMANCE
TABLE 078. GREEN PRAIRIE INTERNATIONAL INC- (CANADA): PRODUCT PORTFOLIO
TABLE 079. GREEN PRAIRIE INTERNATIONAL INC- (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. HAY USA INC. (US): SNAPSHOT
TABLE 080. HAY USA INC. (US): BUSINESS PERFORMANCE
TABLE 081. HAY USA INC. (US): PRODUCT PORTFOLIO
TABLE 082. HAY USA INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. OXBOW ANIMAL HEALTH (US): SNAPSHOT
TABLE 083. OXBOW ANIMAL HEALTH (US): BUSINESS PERFORMANCE
TABLE 084. OXBOW ANIMAL HEALTH (US): PRODUCT PORTFOLIO
TABLE 085. OXBOW ANIMAL HEALTH (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 086. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 087. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 088. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ALFALFA MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ALFALFA MARKET OVERVIEW BY FEED TYPE
FIGURE 012. HAYS MARKET OVERVIEW (2016-2028)
FIGURE 013. BALES MARKET OVERVIEW (2016-2028)
FIGURE 014. PELLETS MARKET OVERVIEW (2016-2028)
FIGURE 015. CUBES MARKET OVERVIEW (2016-2028)
FIGURE 016. ALFALFA MARKET OVERVIEW BY APPLICATION
FIGURE 017. DAIRY COW FEED MARKET OVERVIEW (2016-2028)
FIGURE 018. CATTLE AND SHEEP FEED MARKET OVERVIEW (2016-2028)
FIGURE 019. PIG FEED MARKET OVERVIEW (2016-2028)
FIGURE 020. HORSE FEED MARKET OVERVIEW (2016-2028)
FIGURE 021. POULTRY FEED MARKET OVERVIEW (2016-2028)
FIGURE 022. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 023. ALFALFA MARKET OVERVIEW BY ANIMAL TYPE
FIGURE 024. CATTLE MARKET OVERVIEW (2016-2028)
FIGURE 025. HORSE MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA ALFALFA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE ALFALFA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC ALFALFA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA ALFALFA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA ALFALFA MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Alfalfa Market research report is 2023-2030.
S&W Seed (US), Hay USA Inc. (US), Oxbow Animal Health (US), Bailey Farms International (US), Hay kingdom Inc (US), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Al Dahra ACX Global Inc. (US), Anderson Hay & Grain (US), Green Prairie International Inc- (Canada), Carli Group (Italy), Border Valley (India), Riverina (Australia) and Other Major Players.
The Alfalfa market is segmented into feed type, application, animal type, and region. By Feed Type, the market is categorized into Hays, Bales, Pellets, and Cubes. By Application, the market is categorized into Dairy Cow feed, Cattle and Sheep feed, Pig feed, Horse feed, Poultry feed, and Others. By Animal type, the market is categorized into Cattle, horses. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Alfalfa, is a tonic plant rich in proteins, minerals, enzymes, and vitamins, the Bulk quantity of the whole plant is required in the pharmaceutical industries, especially in homeopathic pharmacies, Hence, there is a great need to cultivate this for sustained supply of the drug.
Global Alfalfa Market Size Was Valued at USD 265.33 metric tons in 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.