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.
According to this study, over the next five years the Alfalfa Hay market will register a 0.5% CAGR in terms of revenue, the global market size will reach US$ 30100 million by 2024, from US$ 29200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Alfalfa Hay business, shared in Chapter 3.
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.
This study considers the Alfalfa Hay value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Alfalfa Hay Bales
Alfalfa Hay Pellets
Alfalfa Hay Cubes
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Dairy Cow Feed
Beef Cattle & Sheep Feed
Pig Feed
Poultry Feed
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Alfalfa Hay consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Alfalfa Hay market by identifying its various subsegments.
Focuses on the key global Alfalfa Hay manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Alfalfa Hay with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Alfalfa Hay submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Alfalfa Hay Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Alfalfa Hay Consumption 2014-2024
2.1.2 Alfalfa Hay Consumption CAGR by Region
2.2 Alfalfa Hay Segment by Type
2.2.1 Alfalfa Hay Bales
2.2.2 Alfalfa Hay Pellets
2.2.3 Alfalfa Hay Cubes
2.2.4 Others
2.3 Alfalfa Hay Consumption by Type
2.3.1 Global Alfalfa Hay Consumption Market Share by Type (2014-2019)
2.3.2 Global Alfalfa Hay Revenue and Market Share by Type (2014-2019)
2.3.3 Global Alfalfa Hay Sale Price by Type (2014-2019)
2.4 Alfalfa Hay Segment by Application
2.4.1 Dairy Cow Feed
2.4.2 Beef Cattle & Sheep Feed
2.4.3 Pig Feed
2.4.4 Poultry Feed
2.4.5 Others
2.5 Alfalfa Hay Consumption by Application
2.5.1 Global Alfalfa Hay Consumption Market Share by Application (2014-2019)
2.5.2 Global Alfalfa Hay Value and Market Share by Application (2014-2019)
2.5.3 Global Alfalfa Hay Sale Price by Application (2014-2019)
3 Global Alfalfa Hay by Players
3.1 Global Alfalfa Hay Sales Market Share by Players
3.1.1 Global Alfalfa Hay Sales by Players (2017-2019)
3.1.2 Global Alfalfa Hay Sales Market Share by Players (2017-2019)
3.2 Global Alfalfa Hay Revenue Market Share by Players
3.2.1 Global Alfalfa Hay Revenue by Players (2017-2019)
3.2.2 Global Alfalfa Hay Revenue Market Share by Players (2017-2019)
3.3 Global Alfalfa Hay Sale Price by Players
3.4 Global Alfalfa Hay Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Alfalfa Hay Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Alfalfa Hay Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Alfalfa Hay by Regions
4.1 Alfalfa Hay by Regions
4.1.1 Global Alfalfa Hay Consumption by Regions
4.1.2 Global Alfalfa Hay Value by Regions
4.2 Americas Alfalfa Hay Consumption Growth
4.3 APAC Alfalfa Hay Consumption Growth
4.4 Europe Alfalfa Hay Consumption Growth
4.5 Middle East & Africa Alfalfa Hay Consumption Growth
5 Americas
5.1 Americas Alfalfa Hay Consumption by Countries
5.1.1 Americas Alfalfa Hay Consumption by Countries (2014-2019)
5.1.2 Americas Alfalfa Hay Value by Countries (2014-2019)
5.2 Americas Alfalfa Hay Consumption by Type
5.3 Americas Alfalfa Hay Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Alfalfa Hay Consumption by Countries
6.1.1 APAC Alfalfa Hay Consumption by Countries (2014-2019)
6.1.2 APAC Alfalfa Hay Value by Countries (2014-2019)
6.2 APAC Alfalfa Hay Consumption by Type
6.3 APAC Alfalfa Hay Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Alfalfa Hay by Countries
7.1.1 Europe Alfalfa Hay Consumption by Countries (2014-2019)
7.1.2 Europe Alfalfa Hay Value by Countries (2014-2019)
7.2 Europe Alfalfa Hay Consumption by Type
7.3 Europe Alfalfa Hay Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Alfalfa Hay by Countries
8.1.1 Middle East & Africa Alfalfa Hay Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Alfalfa Hay Value by Countries (2014-2019)
8.2 Middle East & Africa Alfalfa Hay Consumption by Type
8.3 Middle East & Africa Alfalfa Hay Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Alfalfa Hay Distributors
10.3 Alfalfa Hay Customer
11 Global Alfalfa Hay Market Forecast
11.1 Global Alfalfa Hay Consumption Forecast (2019-2024)
11.2 Global Alfalfa Hay Forecast by Regions
11.2.1 Global Alfalfa Hay Forecast by Regions (2019-2024)
11.2.2 Global Alfalfa Hay Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Alfalfa Hay Forecast by Type
11.8 Global Alfalfa Hay Forecast by Application
12 Key Players Analysis
12.1 Anderson Hay
12.1.1 Company Details
12.1.2 Alfalfa Hay Product Offered
12.1.3 Anderson Hay Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Anderson Hay News
12.2 ACX Global
12.2.1 Company Details
12.2.2 Alfalfa Hay Product Offered
12.2.3 ACX Global Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 ACX Global News
12.3 Bailey Farms
12.3.1 Company Details
12.3.2 Alfalfa Hay Product Offered
12.3.3 Bailey Farms Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Bailey Farms News
12.4 Aldahra Fagavi
12.4.1 Company Details
12.4.2 Alfalfa Hay Product Offered
12.4.3 Aldahra Fagavi Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Aldahra Fagavi News
12.5 Grupo Osés
12.5.1 Company Details
12.5.2 Alfalfa Hay Product Offered
12.5.3 Grupo Osés Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Grupo Osés News
12.6 Gruppo Carli
12.6.1 Company Details
12.6.2 Alfalfa Hay Product Offered
12.6.3 Gruppo Carli Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Gruppo Carli News
12.7 Border Valley Trading
12.7.1 Company Details
12.7.2 Alfalfa Hay Product Offered
12.7.3 Border Valley Trading Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Border Valley Trading News
12.8 Barr-Ag
12.8.1 Company Details
12.8.2 Alfalfa Hay Product Offered
12.8.3 Barr-Ag Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Barr-Ag News
12.9 Alfa Tec
12.9.1 Company Details
12.9.2 Alfalfa Hay Product Offered
12.9.3 Alfa Tec Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Alfa Tec News
12.10 Standlee Hay
12.10.1 Company Details
12.10.2 Alfalfa Hay Product Offered
12.10.3 Standlee Hay Alfalfa Hay Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Standlee Hay News
12.11 Sacate Pellet Mills
12.12 Oxbow Animal Health
12.13 M&C Hay
12.14 Accomazzo
12.15 Huishan Diary
12.16 Qiushi Grass Industry
12.17 Beijing HDR Trading
12.18 Beijing Lvtianyuan Ecological Farm
12.19 Modern Grassland
12.20 Inner Mongolia Dachen Agriculture
12.21 Inner Mongolia HuangYangwa Grass Industry
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Alfalfa Hay
Table Product Specifications of Alfalfa Hay
Figure Alfalfa Hay Report Years Considered
Figure Market Research Met