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.
United States is a major producer of alfalfa hay in 2016, where US production accounts for 51.7% globally. In addition, United States is also the world's largest exporter.
The world's largest consumption market is still in the United States, mainly because of the excellent geographical conditions the United States; the quality of alfalfa hay is significantly higher than other regions.
There are many manufacturers, most of them with small scale. Market competition, environment as well as other factors in recent years have led to volatile market prices, the market price around 268USD/MT in 2016.
The report offers detailed coverage of Alfalfa Hay industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Alfalfa Hay by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Alfalfa Hay market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Alfalfa Hay market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Alfalfa Hay according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Alfalfa Hay Bales
Alfalfa Hay Pellets
Alfalfa Hay Cubes
Others
Market by Application
Dairy Cow Feed
Beef Cattle & Sheep Feed
Pig Feed
Poultry Feed
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Alfalfa Hay market for the forecast period 2021 - 2025?
• What are the driving forces in the Alfalfa Hay market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Alfalfa Hay industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?